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For the July-September quarter, the IT services revenue is forecast to be in the range of $1.77 billion-$1.81 billion. IT services major Wipro today reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period,…
Read More #GreyhoundInMedia: Wipro Q1 Profit Up 29.6%, Lags Estimates #Press #Media #BusinessWorld
Net sales rose by 15.5% to Rs 11,245.5 crore in April-June quarter of the current fiscal. IT services major Wipro today reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals…
Net sales rose by 15.5% to Rs 11,245.5 crore in April-June quarter of the current fiscal. IT services major Wipro today reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals…
Read More #GreyhoundInMedia: Wipro Q1 profit rises 30% to Rs 2,103 cr #Press #Media #BusinessInsider
IT services major Wipro today reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals in the application and infrastructure space. The city-headquartered firm had posted a net profit of Rs…
IT services major Wipro today reported a 29.5 percent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals in the application and infrastructure space. The city-headquartered firm had posted a net profit of Rs…
On July 15th, IBM and Apple announced an exclusive partnership to bring Apple devices, business applications, and enterprise-grade services to enterprise customers. Touted to be a landmark partnership, this alliance aims to solve the long pending enterprise mobility issues like security,…
The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term. Under this partnership, IBM will bring its new class of business apps involving…
On July 15th, IBM and Apple announced an exclusive partnership to bring Apple devices, business applications, and enterprise-grade services to enterprise customers. Touted to be a landmark partnership, this alliance aims to solve the long pending enterprise mobility issues like security,…
Sikka, who takes over from the current CEO and MD SD Shibulal on August 1, brings in his extensive experience in products at enterprise software giant SAP. "Infosys is at the cusp of change...Infosys is all set to undergo a…
Infosys is standing at the "cusp of change" and will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, say analysts. Sikka, who takes over from the current CEO and MD SD Shibulal on August 1,…
India's second largest IT services provider Infosys Ltd surprised investors by posting a better-than-expected margins and net profit for April-June 2014 (Q1 FY2015). The company managed to beat consensus expectations with the consolidated net profit falling 3.5 percent sequentially to…
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new chief executive Vishal Sikka, analysts say. Mr Sikka, who takes over from the current CEO and managing…
Over 10,000 employees left the software major during the first quarter. Infosys will take another 3-4 quarters to curb attrition, which is at an all-time high with around 10,627 people having left the company in the first quarter of 2015 fiscal. In…
Read More #GreyhoundInMedia: Attrition woes continue at Infy #Press #Media #HinduBusinessLine
Net profit rises 22% year on year on new order wins; co retains 7-9% revenue growth guidance. Infosys Ltd posted first-quarter profit that beat analyst estimates as India's second-largest software services company won more orders. Net profit rose 22% to Rs 2,890 crore…
Read More #GreyhoundInMedia: Infosys beats St ahead of new CEO takeover #Press #Media #DNA
Margins, volumes surprise; attrition at all-time high. India’s second largest information technology (IT) services company Infosys today cheered investors by throwing up a positive surprise on the margins and volumes growth front and posting earnings for April-June 2014 (Q1FY2015) on expected…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…
IT major Infosys on Friday reported a healthy 21.6 percent growth in consolidated net profit for the first quarter, helped by increase in business from Europe and improved operational efficiency. The city-based firm posted a net profit of Rs 2,886 crore…
Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…
Company badly needs a knight in shining armor. One of India’s iconic IT firms Infosys had been mired in a crisis of leadership over the past one year. The company, one of the best IT services firm, was not doing very well…
Capgemini took a little time in adopting India as its global hub for offshoring but is now going full throttle. Aruna Jayanthi, CEO of Capgemini India, still remembers the first two contracts the technology outsourcing services provider signed with overseas clients.…
Read More #GreyhoundInMedia: Back Office at the Forefront #Press #Media #BusinessToday
Gurmit Singh, who took over as the Managing Director of Yahoo! India earlier this year, has a tough job in hand. At a time when rivals such as Google and Facebook are catching the imagination of Internet users, Gurmit Singh…
Read More #GreyhoundInMedia: Yahoo! India clicks into Marissa’s turnaround plan #Press #Media #HBL
The Office 365 SaaS offering from the software giant Microsoft has some serious flaws according to industry experts and research firms. ‘’Since the Office 365 is a cloud based offering the purchasing and transferring of licences becomes a complex issue,’’…
Read More #GreyhoundInMedia: The Cons Of Microsoft Office 365 #Press #Media
Earlier this year, MphasiS, the bangalore based software services player, unveiled its new logo with great fanfare. The logo had a new visual appeal, with the subtext ‘Unleash the Next’, in place of ‘An HP Company’ earlier. Speaking on the occasion,…
Read More #GreyhoundInMedia: Lacking Emphasis #Press #Media #HP #MphasiS
The adoption of smart-phones in India is now on an inevitable growth track with the numbers bound to rise in near future. The ‘supersonic’ surge in the smart-phone usage is evident with the fact that the sales of these power…
Read More #GreyhoundInMedia: Smart phones-‘Yearning for Power Backup’ #Press #Media
Increased spending by clients in North America and Europe helped software solutions provider Cognizant Technology Solutions meet its first quarter revenue target of $2.42 billion, an increase of 19.9 per cent compared with the quarter ended March 31, 2013. Its…
Read More #GreyhoundInMedia: Cognizant Q1 profit up 23% to $349m #Press #Media
Nokia under Microsoft could emerge as the biggest turnaround story if the new owners leverage its existing strengths and build new capabilities, according to analysts. “Nokia brand won’t die because they are present in every nook or corner in India…
The country’s fourth largest information technology services provider, HCL Technologies, has turned its focus to the Indian market. The company expects to increase its revenue from the domestic market, largely from Government business. Competitors like TCS and Infosys have been getting…
The country’s fourth largest information technology services provider, HCL Technologies, has turned its focus to the Indian market. The company expects to increase its revenue from the domestic market, largely from Government business. Competitors like TCS and Infosys have been getting…
When Sunil Lalvani took over as the Managing Director of BlackBerry’s India operations in May last year, the situation was very bleak. On the one hand, the company’s market share had plummeted to a new low in the smartphone segment…
The worst-kept secret of the mobile world - Nokia's adaptation of the Android operating system for mobile phones - finally came out last month: the Finnish handset maker said that its X series of smartphones would run on Android. Before…
