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MINDTREE ASIA PACIFIC
Databricks names Kamalkanth Tummala India country managerDatabricks has appointed Kamalkanth Tummala as country manager for India. Formerly with Salesforce, Tummala will lead the company’s $250 mi...- Mindtree opens its first development center in Kolkata, charts aggressive hiring plansMindtree has been recruiting talent in Kolkata since February 2021 and already employs more than 1,000 professionals in the city including ...
- Mindtree opens second Pune facilityLocated at ICC (International Convention Center) Tech Park, the new facility measures 43,000sq.ft. Mindtree began operations in Pune — the ...
- Mindtree announces executive appointments in Europe, Asia PacificMindtree is making sustained investments in Europe and Asia Pacific as part of its 4X4X4 strategy, global president Venu Lambu says. A stro...
- Sensex, Nifty retreat after hitting fresh highs: Key factors driving the marketAs the indices have been hovering around all-time high levels, many quarters of investors find valuation too stretched to buy. Some of them...
- Mindtree Q3 results: Net profit rises 66% to Rs 326.5 croreThe company added eight new clients during the quarter and had 276 active clients at the end of the quarter.
- Mindtree shares slump over 8% even after 88% jump in Q2 profit; here's why“Mindtree trades at valuations of ~20X FY2023E earnings, unjustified for heavily concentrated business with a single client and gaps in off...
- Mindtree Q2 results: Net profit jumps 88% YoY to Rs 254 croreIts revenue rose 0.6 per cent on a year-on-year (YoY) basis to Rs 1,926 crore.
- Covid-19 bugs Indian IT's travel, hospitality clientsAnalysts see big impact as travel and hospitality firms defer spending in new tech projects as well as bargain for lower prices in existing...
- Sensex rises 70 points, Nifty tops 12,100; IT stocks gainMost sectoral indices were also up with Nifty IT being the biggest gainer.
- Sensex, Nifty take a breather; Bajaj Consumer surges 12%, DHFL drops 5%Analysts largely expect indices to consolidate around the prevailing levels.
- Icertis doubles down on APAC business driven by India; to scale revenues to 20% in 3-5 yearsThe firm which counts IT giants like Infosys, Wipro, Genpact, Cognizant as also Lupin and Mindtree amongst its clients in India is looking ...
- Mindtree to expand digital sales team, deepen India focusMindtree is looking to boost the number of salespeople in its digital sales team and bring increased focus on India and Asia-Pacific as it ...
- Analysts see upside in reasonably valued IT stocksMost of the IT companies have said on record and they FY15 will be better than FY14 due to improvement in business environment.
- IT firms may face trouble as delays in outsourcing contracts push deals farther away for cosPublic sector, financial services and manufacturing clients are taking time to outsource IT contracts as about 40% of these extended beyond...
- Chinese tech cos going private to compete against Indian IT giants in emerging marketsChinese IT companies now have a chance to regroup and better compete against the Indian IT services giants, especially in emerging markets ...
- Five former senior officials from MindTree join Ashok Soota's Happiest MindsHappiest Minds, the IT venture founded by former MindTree chairman Ashok Soota, announced 11 more co-founders of which five are former seni...
- Ashok Soota sells 5.5% in MindTree for $21 mn, CCD boss V G Siddhartha buys 6%Ashok Soota sold half of his 11% stake in the company he co-founded and raised nearly $21 million to fund his technology services start up.
- Outsourcing gets a boost as global banks expand captivesWells Fargo, Ingersoll Rand and Standard Chartered are some of the banks and cos that are setting up or expanding their centres in India. T...
- SAP plans to double headcount by 2010SAP India has said it plans to double its headcount to 7,000 and increase its customer base to 15,000.
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