IETS (10 unread)
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TCS signs multi-million euro contract with European car rental company Europcar
Posted: February 6th, 2012, 10:23am EST
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Europcar's IT subsidiary Eurocar Information Services selected TCS to manage strategic IT services development for its French operations, TCS said. -
Phaneesh Murthy's fast-track integration of Patni with iGate not going down well with investors
Posted: February 5th, 2012, 8:06pm EST
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Phaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni. -
Leverage on unique diversity to achieve IT development: Infosys
Posted: February 4th, 2012, 6:52am EST
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Gopalakrishnan said the reason why the IT industry has scaled itself up is because cos adapted to the changing times, providing them with huge growth opportunities.
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Outlook for Indian IT services sector in 2012 stable: Fitch
Posted: February 2nd, 2012, 11:59pm EST
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"Despite an expected moderation in revenue growth in 2012 from 2011 levels, the outlook for the Indian IT services sector is stable on the back of its strong liquidity position," Fitch said in its annual report -
Infosys to set up Rs 600 crore unit in MP's super corridor
Posted: February 2nd, 2012, 11:48pm EST
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BHOPAL: With IT majors like Infosys and TCS gearing up to enter Madhya Pradesh's commercial town of Indore, the state is trying to position itself as the most sought-after destination after metros like Bangalore, Pune and Hyderabad which are facing severe space crunch. As per the MoU signed between the Shivraj Singh Chouhan government and Infosys, the IT major is setting up its unit with the investment of Rs 600 crore on 130 acres of land on the Indore-Ujjain Super Corridor. The project likely to be completed in five years will generate 13,000 jobs. The Rs 98-crore Super Corridor connects Indore and Ujjain. With Infosys setting up its shop, another global leader TCS is too not lagging far behind. "We have also got a proposal from Tata Consultancy Services (TCS) for inking an MOU for setting up IT facility in the Super Corridor," Madhya Pradesh Industries Minister Kailash Vijaywargiya told PTI yesterday. When asked about the details about the proposal, the minister said it would be more or less on the same lines as that of Infosys. After studying the proposal and clearance by the State Law Department, dates for inking MoU with TCS will be finalised, he said. With the two IT giants entering the state, Madhya Pradesh is set to become a major IT destination and a hub for the software industry, Vijaywargiya said. -
TCS expands US operation with new facility in Silicon Valley
Posted: January 31st, 2012, 12:07am EST
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Just a few blocks away from Yahoo's corporate headquarters, the facility would serve as the worldwide headquarters of TCS' Mobility Solutions Unit.
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Infotech can improve healthcare in India: Nasscom
Posted: January 30th, 2012, 11:32am EST
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"IT can provide access to healthcare facilities. Also, it can have a positive impact on affordability and effectiveness of healthcare in India," Som Mittal aid. -
Protectionism to hurt both US and India, warns Pranab Mukherjee
Posted: January 30th, 2012, 5:25am EST
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Worried over the adverse fallout of protectionism, Finance Minister Pranab Mukherjee today said if the US stops outsourcing jobs to India, profitability of both the economies will be hurt.
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Apex body of Indian technology companies likely to forecast slowdown in Indian software exports in 2012-13
Posted: January 29th, 2012, 8:26pm EST
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The body's members, which include companies such as Infosys, TCS and Wipro, are struggling to provide clarity about demand.
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Telenor keen to broaden IT outsourcing pact with Wipro beyond India
Posted: January 29th, 2012, 7:40pm EST
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Norway's Telenor plans to broaden its IT outsourcing pact with Wipro beyond India to ring in cost efficiencies in other Asian markets.