IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020India’s Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance trigger...
Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
Sedemac Mechatronics shares list at 14% premium over IPO price on boursesThe Rs 1,087 crore IPO of Sedemac Mechatronics had opened for subscription from March 4 to March 6. The public issue was entirely an offer ...
In-Solutions Global secures RBI's nod across online, physical & Cross-Border Payment AggregationIn-Solutions Global Ltd has secured crucial authorization from the Reserve Bank of India. This approval covers online, offline, and cross-b...
ISG gets RBI nod to operate as payment aggregatorIn-Solutions Global (ISG), backed by JP-Morgan, has received full payment aggregator authorisation from the Reserve Bank of India. This all...
UST acquires automation unit of ISG for Rs 226 croreIT services company UST purchased the automation unit of ISG for $27 million. The move aims to enhance UST's intelligent automation service...
eInfochips bags twin ISG Standout Case Studies for surgical display platform, EV chargingAccording to ISG, this case study showcases collaborative new product development driven by specialised technological and engineering exper...
Combined annual contract value of global tech deals down 9% in Q2, says ISGThe “combined annual contract value" tracked by ISG includes both cloud-based as-a-service and managed services. The cloud demand impact al...
IT clients stick to smaller deals on headwindsAbove $100 million ACV deals form just 10% of activity in July-September quarter, lowest in 5 years: ISG
Cybersecurity to present new opportunities for IT services providersAt present, almost half of enterprise outsourced cybersecurity spending, on average, goes to security operations centres (SOC) and security...
Global outsourcing contracts grew 31% to over $24 billion in Jan-March: ISGGlobal outsourcing contracts grew 31% to a record $24.2 billion in the first quarter of this calendar year, according to data from the ISG ...
COVID-19 pulls down global sourcing market down by 5% in Q2: ISG Index“In line with our prediction last quarter, the managed services market was off 16 percent as enterprises reined in operating expenses in th...
Mindtree amongst the Top 10 Outsourcing Service Providers in USA and EMEA by ISGMindtree, a digital transformation and technology services company, announced that it has been named a Top 10 Outsourcing Service Provider ...
GMR inks pact with MAHB to divest stake in Istanbul airportGMR Group has signed a definitive agreement with MAHB to divest its 40 per cent equity stake in Istanbul Sabiha Gökçen(ISG) and LGM Tourism.
- BHEL-ISG clinches Rs 312 crore order from NTPC
ISGhas bagged an order worth Rs 312 crore from state-run NTPC for coal handling plant package for the Meja Thermal Power Project.
- GMR says Istanbul airport venture gets Rs 2236.52 cr loan
GMR says that ISG International Airport Investment Development and Operation Inc has signed an agreement with ABN AMRO Bank and Yapi Kredi ...