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PE-backed IT companies growing faster, thanks to costs control, ops shifts, say expertsPrivate equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes....- Wipro may drop plan to bill senior leadersFormer CEO Abidali NeemuchwalaNeemuchwala had drawn up a blueprint to bill senior leaders against a client in consulting and other generic ...
- NetApp eyes growth in India on solution that supports local storageThe firm has tie-up with Microsoft Azure and Amazon Web Services, where data management solutions are customised for its cloud networks. Go...
- NTT elevates India CEO Kiran Bhagwanani, rejigs APAC leadershipBhagwanani would lead the newly formed Go-to-Market business, after the merger among NTT subsidiaries into one company, with broad accounta...
- Finance Minister takes a Rs 8,000 crore quantum leapCEO of Greyhound Research says that it is the right time for quantum investment as companies like IBM and Google are going to be investing ...
- PSB consolidation may shrink IT firms' businessThe country will be left with only 12 large public sector banks from 27 before, the government had announced earlier this year. For existin...
- Microsoft India earnings at $1b on cloud pushThe firm posted 13% growth in revenue in the previous FY at Rs 7,301 crore.
- Banks may take 3 years for tech mergerBanks may take 2-3 years to standardise core technology, products and customer applications.
- Small contracts are a big deal for ITAnalysts say clients engage more vendors to execute digital projects.
- Adlakha is Wipro CIO as Ukil gets cyber securityAdlakha will continue to head Wipro’s artificial intelligence platform HOLMES. Ukil has been appointed the global head of cyber security an...
- Microsoft India’s software sales stay flat in FY18Excluding revenue from the mobile business of Rs 896 crore a year earlier, Microsoft’s revenue would have remained flat in 2017-18, accordi...
- Airtel, Jio bet big on artificial intelligence to improve customer serviceAirtel and Reliance Jio Infocomm are now increasingly using AI technology to offer better and more cost-efficient customer experience to in...
- With a million sales, mobility security company Airwatch gains tractionAirWatch has sold over a million licenses in India in a little over a year of operations, and is being looked at as a serious name in the m...
- Intuit fires 440 staff globally, 35 in BengaluruAccording to officials in the company’s Bengaluru office, 35 employees including developers, sales and marketing staff were asked to leave ...
- Air India moves IT to cloud; looks to upgrade technologyAir India invests far less in technology than its private rivals and hasn't hired anyone for internal IT department in over a decade.
- Microsoft’s India revenue doubles; PAT at Rs 96.85 croreMicrosoft Corporation India Private Limited said overall revenue in the country grew to Rs 2,245 crore in 2013 from Rs 1,003.4 crore a year...
- IBM's deal with Airtel can touch $1 bn in next 5 yrs: AnalystIBM managed all of Airtel's IT services for the past 10 years and the new contract has now been restructured and extended for five years.
- Refreshed IBM-Bharti deal might touch $1bn over next 5 years: Greyhound ResearchThe deal involves IBM India managing Airtel's infrastructure and application services (including analytics) in India over the next five yea...
- IT companies forced to slow hiring as new contracts being given on outcome-based, fixed price modelsTop software exporters are forced to slow hiring as new contracts are being given on outcome-based, fixed price models.
- With an eye on local business, Google rolls out g-IndiaFor the first time, Google is holding g-India across 5 cities in an effort to reach out & cultivate an ecosystem of biz partners, clients &...
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