The budget is just round the corner. Everyone has their own set of expectations from the upcoming budget. While common man is hoping the budget to bring some tax relief and cheaper commodities, industrialists are keeping their fingers crossed about import and export duties. But, what are IT honchos expecting from the budget. We asked Sanchit Vir Gogia, Chief Analyst and Group CEO, Greyhound Research, and he shared some interesting insights with us. Take a look!
US-based outsourcing solutions firm IGATE today reported a 14.8 percent growth in net profit at USD 38 million for the fourth quarter ended December 31, 2014, helped by deals in industry utility-solutions. The company had posted a net profit of USD 33.1 million in the year-ago period, it said in a statement. Revenues rose by 10.7 per cent to USD 331.5 million in the October-December quarter of 2014 fiscal from USD 299.3 million in the same quarter in 2013. The figures are on GAAP basis.
How cool is it to take the indigenous idea of a small, humble, cost effective and convenient missed call, turn it into a business and make a hefty profit out of it. And then get snapped up by one of the biggest social networking sites around.
This is exactly what ZipDial achieved. Coming into prominence with its implementation of missed calls for user verification, alerts and other uses, Bangalore-based mobile and analytics company ZipDial has engaged nearly 60 million users with hundreds of marketer clients. Enough for Twitter to sit up and take notice and seal a deal pegged at $30 to $40 million.