ITeS-Tech-The Economic Times

Infosys to weigh options on investments in Bengal

Sat, 30 Mar 2013 16:10:46 GMT

Infosys chairman S Gopalakrishnan today said that the company will deliberate about taking the project in Bengal forward.

Tata Sons, Tata Infotech Ltd win legal battle in Delhi High Court over domain name

Fri, 29 Mar 2013 10:40:28 GMT

The court also asked Key-Systems GmBH to cancel registration of domain name www.tatainfotech.in, granted to Arno Palmen.

Bessemer funds Ex-Firstsource CEO Ananda Mukerji's new venture

Mon, 18 Feb 2013 11:40:48 GMT

Firstsource did not want to continue being invested and discussions to buy it started a year ago with Dalal and Mukerji agreeing to purchase its stake.

Manufacturers, natural resources companies to spend Rs 40,800 croe on IT in 2013: Gartner

Wed, 06 Feb 2013 10:39:28 GMT

The telecommunications category would remain the biggest spending vertical overall and is forecast to reach Rs 13,200 crore in 2013.

Manufacturers, natural resources companies to spend Rs 40,800 croe on IT in 2013: Gartner

Wed, 06 Feb 2013 10:39:28 GMT

The telecommunications category would remain the biggest spending vertical overall and is forecast to reach Rs 13,200 crore in 2013.

Warburg Pincus to sell stake in BPO firm WNS for $192 mn

Wed, 06 Feb 2013 07:51:55 GMT

Warburg Pincus said it plans to sell its entire holding of over 14.5 mn ADS in WNS, through which the PE firm expects to raise about $192 mn.

Indian BPO sector outpaces IT services growth

Wed, 06 Feb 2013 06:58:40 GMT

The faster growth is driven by cost pressures at large corporations in Europe and US which are now outsourcing the entire processes.

HC restrains BBMP from action in Wipro tax issue

Wed, 06 Feb 2013 05:42:48 GMT

The stay order, issued on Thursday, restrains the Bruhat Bengaluru Mahanagara Palike from making any tax recoveries from Wipro until further notice.

NIIT Technologies launches crime information system for Odisha Police

Tue, 05 Feb 2013 09:22:54 GMT

IT services provider NIIT Technologies announced the launch of the Crime and Criminal Tracking Network System (CCTNS) project in Odisha.

Further appreciation in rupee could impact profit margins of top IT companies like Infosys

Tue, 05 Feb 2013 03:20:43 GMT

Rupee, which rose from 54.8 against the dollar at the beginning of current quarter to 52.9 on Monday, could rally further impacting operating profit margins of IT sector.

Further appreciation in rupee could impact profit margins of top IT companies

Mon, 04 Feb 2013 19:52:00 GMT

Rupee, which rose from 54.8 against the dollar at the beginning of current quarter to 52.9 on Monday, could rally further impacting operating profit margins of IT sector.

Government to spend Rs 36,800 crore on IT in 2013: Gartner

Mon, 04 Feb 2013 10:03:28 GMT

The IT industry is expected to indirectly benefit from govt projects like UIDAI, National Optical Fibre Network and computerisation of commercial taxes in states.

30 software companies break away from Nasscom

Mon, 04 Feb 2013 04:38:54 GMT

Nasscom tends to be dominated by IT services cos. Sub-segments within it, including BPOs, have often felt that their issues were not being addressed.

US opposes local IT goods sourcing norms

Mon, 04 Feb 2013 00:08:45 GMT

Within days of the government notifying rules that provide preference to locally-made electronic goods, the US has protested the move saying that it will adversely impact investment by American companies.

Will BlackBerry 10 give Kochi a global head start?

Sun, 03 Feb 2013 03:08:47 GMT

The largely student-developer crowd at the BlackBerry Innovation Zone in Kochi’s Startup Village has developed nearly 150 apps for BB10.

Ramco aims to take on SAP and Oracle in cloud business

Sat, 02 Feb 2013 01:03:34 GMT

Ramco is one of India’s few product companies and the only one with an enterprise resource planning software.

The Iconic outsources customer service jobs to India: Report

Thu, 31 Jan 2013 10:48:49 GMT

The move has raised concerns with Unions NSW secretary Mark Lennon saying that offshoring jobs was an "outrageous decision".

Direction of US immigration legislation encouraging for Indian IT cos: CLSA

Thu, 31 Jan 2013 05:47:16 GMT

The proposed immigration reforms by the US senators are low on anti-business immigration rhetoric which is an encouraging sign for Indian IT companies, CLSA said in a report.

IT firms like TCS, Infosys & Wipro losing work as MNCs' captive centres are back into fashion

Thu, 31 Jan 2013 00:37:28 GMT

With over 700 captives that employ 5 lakh professionals, India houses critical technology hubs for some of the largest corporations in the world.

India Ratings maintains 'stable' outlook on Indian software services sector

Wed, 30 Jan 2013 13:12:35 GMT

Over the past one year Indian IT firms have been struggling to match the industry growth projection of 11-14% by industry body Nasscom.

Mahindra to consider IT acquisitions, but not to bulk up: Vineet Nayyar

Wed, 30 Jan 2013 10:15:07 GMT

Business conglomerate Mahindras will consider possible acquisitions in IT space after merger of Tech Mahindra and Mahindra Satyam.

Infosys' Kris Gopalakrishnan anchors a network of angel investors in Kerala

Wed, 30 Jan 2013 00:40:51 GMT

"There are no angel investors or role models in Kerala to inspire the youth to take up entrepreneurship", says Kris Gopalakrishnan.

Banking, securities companies to spend Rs 41,000 crore on IT in 2013: Gartner

Tue, 29 Jan 2013 08:40:56 GMT

The forecast includes spending by financial institutions on internal IT, hardware, software, external IT services and telecommunications, it added.

Large IT companies work with startups to add value

Mon, 28 Jan 2013 06:05:55 GMT

IT companies are partnering with smaller firms offering specialized services to create a differentiated proposition for their clients.

Mahindra Satyam says ready for new era, sans 'Satyam' stigma

Mon, 28 Jan 2013 05:41:33 GMT

I see the merger as an opportunity for openly declaring to the world that now it's almost four years since we took over Satyam.