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Fractal says enterprise AI market still wide open as Q4 profit more than doublesAI services firm Fractal Analytics saw net profit more than double to Rs 116 crore in Q4, driven by improved margins. CEO Srikanth Velamaka...- Need to see TCS Q3 show in larger macro context: CEO K KrithivasanTata Consultancy Services (TCS) chief executive and managing director CEO K Krithivasan attributes the weak Q3 performance to market uncert...
- Aerospace manufacturers seek business class upgrade on local plane ordersIndian aerospace manufacturers are relying on a surge in orders from domestic airlines to enhance their business prospects with internation...
- Efficiency of execution is primarily resulting in lower headcount for TCS: Samir SeksariaTCS CFO and CHRO discuss Q3 results and margin resilience. Attrition has decreased and there is potential for further reduction. Subcontrac...
- US-based firm Pie Insurance lays off 14% of workforceThe message added that those who have been laid off will have a 2:1 meeting with a team leader and People Partner where they’ll walk throug...
- Revival sign: Hiring up in some sectorsDuring lockdown, recruitment volumes were down nearly 80% for some firms as compared to pre-Covid levels.
- US-based Array Networks to supply networking hardware for Agra smart cityIn September 2016, Agra that houses historic Taj Mahal has been selected for the smart city with Rs 2,133 crore makeover spend.
- TeamLease to buy IT staffing business of eCentric SolutionsThe transaction is expected to close before the end of April 2019, subject to regulatory approvals.
- Online financial marketplace Rubique looks to partner state-run banksAiming to expand the product line, Rubique is now looking to partner a majority of the state-run banks, which controls two-third of the ban...
- Tata Group's total revenue rises to $108.8 billion; headcount crosses 6 lakhIn rupee terms, the total revenue of the top corporate house rose by 6.5 per cent to Rs 6,65,185 crore in 2014-15, while sales were up 5.9%...
- Blueocean counts on India, to hire over a 1000 employeesThe company, which bought UK-based analytics technology platform Cognicient earlier this year, is looking for businesses that would help it...
- HDFC Bank penetrates villages in Punjab for growthHDFC bank is looking at aggressive rural penetration for growth in Punjab at a time when several new banks are to enter the banking industr...
- India will not go into slump for more than 18 months: Rashesh ShahThe current slump in the capital mkt provides a great opportunity to invest, particularly in the infrastructure sector, says Edelweiss' Ras...
- Reggie Aggarwal's Cvent bags minority stake deal from New Enterprise Associates and Insight Venture PartnersIndian origin entrepreneur Reggie Aggarwal has bagged the largest deal in a private software company by venture capitalists in the US this ...
- Genpact to hire 6,500 in China by 2015Genpact, which has been continuing to grow its business capabilities in the China , is also open to acquisitions. Apart from pay, what you ...
- Omega healthcare to add 1,400 hands by 2010Omega Healthcare Management Services, a closely-held healthcare KPO-BPO firm, has proposed to hire 1,400 people by July next year, taking i...
- Nikon to scale up headcount in India by 25%Japanese camera maker Nikon plans to scale up the headcount in India by 25% this fiscal to leverage its operations in the country, said a t...
- GTL, Ericsson in mobile network pactTelecom network services provider GTL is aiming at a slice of the managed network infrastructure (MNI) services market in the UK.
- Lehman Bros may buy 20% in ModiCorp armLehman Brothers is making its first private equity investment in India. The investment bank is in talks with ModiCorp Global to pick up 20%...
- SAP to invest USD 1 bn in IndiaSAP will invest $1 billion in India and up headcount to 3,500 by the year-end.
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