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Posted: January 31st, 2012, 12:07am EST
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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Posted: January 30th, 2012, 11:32am EST
"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.
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Posted: January 30th, 2012, 5:25am EST
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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Posted: January 29th, 2012, 8:26pm EST
The body's members, which include companies such as Infosys, TCS and Wipro, are struggling to provide clarity about demand.
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Posted: January 29th, 2012, 7:40pm EST
Norway's Telenor plans to broaden its IT outsourcing pact with Wipro beyond India to ring in cost efficiencies in other Asian markets.
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Posted: January 29th, 2012, 1:54pm EST
Nasscom's members, which include companies such as Infosys, TCS and Wipro, are struggling to provide clarity about demand.
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Posted: January 29th, 2012, 7:58am EST
Asserting that the Indian IT industry is looking at new growth models, HCL said more Indian cos should look at creating local jobs in foreign lands.
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Posted: January 29th, 2012, 7:58am EST
Asserting that the Indian IT industry is looking at new growth models, HCL said more Indian cos should look at creating local jobs in foreign lands.
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Posted: January 27th, 2012, 6:17am EST
Mahindra group's two technology ventures, Tech Mahindra and Mahindra Satyam, would be merged by the end of this year, a senior group official said here.
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Posted: January 27th, 2012, 5:59am EST
IAN said in a statement that Peel-Works would use the funds to expand product offering, creating technology differentiators and human capital.
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Posted: January 25th, 2012, 6:21pm EST
The suit against L&T Infotech alleges the company terminated employment a day after the woman told her immediate superior that she was expecting.
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Posted: January 25th, 2012, 5:25pm EST
The Home Ministry had raised concerns on allowing UIDAI to extend its coverage from 200 million to 1.2 billion people as the ongoing census is also capturing biometric information.
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Posted: January 25th, 2012, 5:25pm EST
Infosys was 'advised' that some of its employees and the company are targets of an investigation in connection with alleged United States visa abuse
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Posted: January 25th, 2012, 10:36am EST
In a US SEC filing, the company said it has now been told by US Attorney's Office that it and some employees are targets of the investigation.
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Posted: January 25th, 2012, 9:52am EST
IT company iGate Patni said it has got approval for expanding its facilities in Pune, Mumbai and Bangalore at an investment of $120 million.
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Posted: January 25th, 2012, 8:43am EST
Infosys Ltd, said it was being investigated in Texas over its sponsorship and use of US business visas.
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Posted: January 24th, 2012, 8:08pm EST
This slowdown reflected in the third quarter BPO numbers of IT majors, which saw revenues slacken due to project delays, fewer deal signings.
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Posted: January 24th, 2012, 11:59am EST
IT major, Infosys, would be given additional 30 acres of land for its proposed unit coming up near Indore, officials said here today.
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Posted: January 24th, 2012, 4:25am EST
Indian enterprise IT spending across all industry markets is forecast to surpass $ 39 billion in 2012, a 10.3% increase from the previous calendar year figure of $ 36 billion, says Gartner Inc.
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Posted: January 23rd, 2012, 12:09pm EST
Micro Technologies will execute a project worth Rs 160 crore for creating a highly secured communication system called 'VOB' or 'Video over Broadband'
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Posted: January 23rd, 2012, 10:13am EST
The TCS-operated server of the trade tax department will become functional from February 10 next for the benefits of traders filing E-return, Deputy Chief Minister Sushil Kumar Modi said.
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Posted: January 23rd, 2012, 10:01am EST
"Excelfore Dhruv" is a secure, scalable cloud based Telematics system for fleet tracking and vehicle management and analytics, MyTVS said.
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Posted: January 23rd, 2012, 4:39am EST
Wipro Technologies announced the launch of 'Wipro SprintHR', a cloud-based platform offering Oracle Fusion Human Capital Management modules.
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Posted: January 23rd, 2012, 4:39am EST
Wipro Technologies announced the launch of 'Wipro SprintHR', a cloud-based platform offering Oracle Fusion Human Capital Management modules.
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Posted: January 22nd, 2012, 6:48pm EST
Infosys added 14 new clients in Europe of which two were in the $500-mn bracket and these were the largest deals the company won in the quarter.
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Posted: January 22nd, 2012, 5:35pm EST
Google Inc's Android, launched a few years ago and taking aim squarely at the high-end iOS, continues to attract cellphone makers.
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Posted: January 22nd, 2012, 3:20pm EST
Facebook, the world's largest social network, has been investigated by US and European regulators for its treatment of user data and privacy policies.
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Posted: January 22nd, 2012, 6:15am EST
Legal solution outsourcing firm UnitedLex expects to close this financial year with 80 per cent growth in its revenue at $ 45 million.
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Posted: January 20th, 2012, 7:12pm EST
Fulfillment centers are giant warehouses that help Amazon and other online retailers store many products, ship them and handle returns quickly.
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Posted: January 20th, 2012, 8:40am EST
The West Bengal government has urged global software major Microsoft to set up a research unit in the state, Commerce and IT minister Partha Chatterjee said.
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Posted: January 20th, 2012, 8:28am EST
Wipro Chairman Azim Premji said this year would be far better than last year though macro-economic parameters were not clear.
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Posted: January 20th, 2012, 5:09am EST
Kerala Chief Minister Oommen Chandy today announced setting up of IT Special Investment Regions in Thiruvananthapuram, Kochi and Kozhikode.
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Posted: January 19th, 2012, 11:30am EST
Chandy also said that schemes will be formulated to create attract prominent international companies to invest in Kerala.
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Posted: January 19th, 2012, 2:29am EST
Scope International Pvt Ltd hopes to save $7 million per year by pruning its IT vendor base to three or four by the end of March.
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Posted: January 18th, 2012, 12:20pm EST
The framework proposes to have an integrated payment gateway which will enable users to pay for the public services through mobile phones.
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Posted: January 18th, 2012, 3:26am EST
Gartner said larger organisations, or those with IT budgets of more than $500 million, were continuing to cut expenditure.
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Posted: January 17th, 2012, 10:28am EST
Oracle India is bullish about its growth prospects here and expect to come across big opportunities in govt projects, a senior company official said.
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Posted: January 17th, 2012, 7:49am EST
HCL Technologies today said it has put on hold its acquisition plans as the global economic situation is uncertain and the local currency is volatile.
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Posted: January 17th, 2012, 7:47am EST
The application will enable users to make free calls from their iPhone, iPod touch, iPad and Android-based phones using the WiFi or 3G network.
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Posted: January 17th, 2012, 3:13am EST
HCL Tech's consolidated net profit rose to Rs 5.73 bn for its fiscal Q2 ended Dec 31 from almost Rs 4 bn a year earlier, driving its shares up 6.5%.
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Posted: January 16th, 2012, 11:54pm EST
According to an updated profile of Aase on networking site Linkedin, he has joined Infosys as associate vice president to be based in the US.
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Posted: January 16th, 2012, 9:49am EST
Wipro technologies has launched 'FLoW', an Oracle based solution to increase business from its retail customers.
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Posted: January 16th, 2012, 7:13am EST
US based ADP has acquired Randstad Holding's Indian payroll business to access the high-growth human resources business process outsourcing mkts.
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Posted: January 16th, 2012, 12:18am EST
The reason is because the company is in a spot of bother, facing challenges from within and without, the likes of which it has not encountered before.
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Posted: January 14th, 2012, 1:59am EST
The largest vertical for IT major Infosys - banking, financial services and insurance (BFSI) - is increasingly looking under pressure.
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Posted: January 13th, 2012, 5:13am EST
The CVC has asked govt depts to ensure security of e-procurement system to ensure transparency and plug-in loopholes to check corruption.
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Posted: January 11th, 2012, 11:39pm EST
Cash-rich tech firms stretched themselves too thin by going for overseas acquisitions funded through foreign debt. It is affecting their product launches & revenue today.
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Posted: January 11th, 2012, 5:41am EST
On the back of two strategic acquisitions, the $16.2 billion technology services firm CSC has now announced the opening of its 18th delivery centre in India.
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Posted: January 11th, 2012, 12:41am EST
Mahindra Satyam is exercising caution on damages claimed in a suit filed against its former board of directors, certain employees and audit firm PWC.
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Posted: January 10th, 2012, 11:12am EST
Software and IT companies continue to attract huge investments from private equity investors.
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Posted: January 10th, 2012, 5:51am EST
The reasons range from ease of doing business, abundant English speaking workforce at lower wages, better infrastructure to government incentives.
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Posted: January 10th, 2012, 4:26am EST
SKorea's telecom regulator said, it had signed an agreement with Google Inc. for the Internet giant to help nurture local start-ups and promote their advances to overseas mkts.
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Posted: January 10th, 2012, 2:54am EST
Weak rupee may help Infosys gain about 295 basis points in margins for the December quarter, compared with July-September.
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Posted: January 10th, 2012, 12:33am EST
For established outsourcing clients, reverse auctions are bringing down billing rates by up to 40% in some instances and 10-15% on average.
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Posted: January 9th, 2012, 12:45pm EST
IT major Dell Inc's Chairman and CEO Michael Dell said tablets and smart phones are not posing a challenge to personal computers.
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Posted: January 9th, 2012, 11:55am EST
Dell could acquire small and medium size companies that would give it access to new technologies, he said at a business event in Bangalore.
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Posted: January 9th, 2012, 9:52am EST
Nasscom today said it has partnered with the Haryana govt and the academia to work together on increasing the level of local employment.
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Posted: January 9th, 2012, 7:39am EST
Satyam has filed a suit in Hyd court against its former Board of Directors, certain staff & Price Waterhouse seeking damages for perpetrating fraud.
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Posted: January 8th, 2012, 1:13am EST
The Indian IT industry is hopeful of maintaining its growth momentum in 2012 despite global economic uncertainty and concerns.
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Posted: January 7th, 2012, 9:12pm EST
This is a crucial year for the five IT majors. Pecking orders may get further disrupted. Medium-term fortunes may get decided.
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Posted: January 7th, 2012, 8:16am EST
The Planning Commission today said the Nandan Nilekani-led UIDAI project is better than the one being advocated by the Home Ministry.
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Posted: January 6th, 2012, 5:45pm EST
Madhya Pradesh govt said it had cleared decks for Infosys and Tata Consultancy Service (TCS) to set up their plants in Indore's Super-corridor.
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Posted: January 6th, 2012, 9:31am EST
The West Bengal government hopes to grab 25 percent of India's revenue from IT sector by 2015, state Industry Minister Partha Chatterjee said Friday and added that the new IT policy was being finalised.
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Posted: January 6th, 2012, 6:20am EST
A French company, Capgemini is setting up a software centre at the Technopark IT hub in the Kerala capital, said a Technopark official.
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Posted: January 6th, 2012, 5:43am EST
West Bengal government hopes to grab 25 per cent of India's revenue from IT sector by 2015, state Industry Minister Partha Chatterjee said.
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Posted: January 6th, 2012, 5:43am EST
West Bengal government hopes to grab 25 per cent of India's revenue from IT sector by 2015, state Industry Minister Partha Chatterjee said.
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Posted: January 6th, 2012, 2:56am EST
HTC Corp's net profit fell 25.5 %, lagging mkt expectations, as its models scrambled to compete with Apple's iPhones and Samsung's Galaxy range.
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Posted: January 5th, 2012, 8:28am EST
"When we look at the euro zone, the scenarios range from bad to very bad to catastrophic," Richard Gordon, research vice president at Gartner, said.
