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SHASHANK SAMANT
After crushing BEST defeat, Raj Thackeray knocks on CM Fadnavis’ door; cracks in the Sena (UBT)–MNS bond?Following a crushing defeat in the BEST credit society elections, MNS chief Raj Thackeray met with Chief Minister Devendra Fadnavis, sparki...
No income tax for son who sold late mother’s flat for Rs 1.45 crore to buy seven houses; how a minor language error helped himThe Bombay HC ruled that a son was not required to pay income tax on the sale of his late mother's Mumbai flat, even after purchasing seven...
Buy Eureka Forbes, target price Rs 665: ICICI SecuritiesICICI Securities advises buying Eureka Forbes with a revised target price of Rs 665, noting anticipated revenue and PAT growth over FY24-27...
Hitachi-owned GlobalLogic elevates Nitesh Banga as CEONitesh Banga has supervised business operations for GlobalLogic since he joined in 2018. He will succeed Shashank Samant as president and C...
GlobalLogic announces appointment of new president and CEOBanga has successfully worked across functions from strategy, go-to-market, engineering, and operations while also launching similar busine...
Hitachi leans on Indian talent with $9.6 billion deal to buy GlobalLogicThe acquisition will help the Japanese firm strengthen its digital offerings.
GlobalLogic acquires UK-based ECS GroupUnder the agreement, ECS will continue to operate with its existing leadership and staff as a wholly-owned subsidiary of GlobalLogic
GlobalLogic is scouting for buys to triple revenue to $2 billion by 2022The San Jose-based IT outsourcing firm is on track to clock $650 million in revenue for the current fiscal and is growing at over 24% organ...
Apax Partners sells stake in GlobalLogic, values firm at $2 billionCanada Pension Plan Investment Board (CPPIB), which acquired 48% in GlobalLogic in April 2017 will continue to remain invested in the US co...
IT outsourcing firm GlobalLogic has crossed $550 million in revenues“We are on track to be a billion-dollar company where our organic growth will take us to 900 million plus (by 2020),” said Shashank Samant,...
GlobalLogic to take M&A route to reach $1billion goalThe IT outsourcing firm specialises in digital product engineering taking care of outsourced R&D operations and engineering services of tec...
Apax profits three times with sale of 48% in GlobalLogicTransfer of stake to Canada Pension Plan Investment Board expected to be one of the biggest PE exits in tech sector; GlobalLogic reportedly...
Apax Partners sells 48% of GlobalLogic to CPPIB in $1.5 billion dealThe transaction would also be one of the biggest private equity exits in the technology sector post Capgemini’s $4 billion acquisition of N...
- GlobalLogic acquires US-based consultancy firm Method
GlobalLogic today said it has acquired San Francisco-headquartered global design and innovation consultancy firm Method for an undisclosed ...
- Eight candidates score 100 percentile in CAT
IM-A's overall cut-offs this year have dropped to 94 percentile from last year's 96.1 for the general category candidates.
- GlobalLogic to expand biz overseas
Software developer GlobalLogic is focusing on acquisitions in the BRIC region and Argentina and Eastern Europe.
- ‘Product cos are turning platform cos’
The market is moving towards niche offerings that are best offered by smaller and more agile companies, observes Shashank Samant, president...
- GlobalLogic to get listed in 18 months
GlobalLogic, a software product development services provider today said it is likely to list the firm on the bourses in the next 18 months.
- Ness Tech to increase headcount in India
Israel-based Ness Technologies, with over one-third of its employee base in India, is looking to add 1,000 people during the year in the co...
- Ness Tech selected product development partner by Pearson
Ness Technologies has been chosen by Pearson as its product development partner in a three-year agreement to help expand Pearson's engineer...