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The Indian IT industry is welcoming FM Arun Jaitley's announcement on removal of Special Additional Duty on IT products in his Budget 2015 speech. Union Budget 2014-15 provided the much needed relief to domestic manufacturers of personal computers and tablets by…
Even as the NDA-government is upbeat on the promotion of local start-up firms to prop up the manufacturing segment in the country under the much-hyped Make in India initiative, the fate of similar initiatives announced in the past have remained…
Read More What Happened To Your Rs 10,000 Cr Startup Fund, Mr Jaitley?
About The Author: Sanchit Vir Gogia is the Chief Analyst & CEO of Greyhound Research, an independent IT & Telecom Research & Advisory firm. He also serves as Founder & CEO of Greyhound Knowledge Group that operates under four brands –…
Read More Pre-Budget 2015/16 – An IT Report Card To The NDA Government
Infosys today announced that it will be shelling out $200 million for a little known US-based firm Panaya that is a privately held company backed by venture capital firms like Benchmark Capital, Hasso Plattner Ventures and Battery Ventures. "The acquisition of…
Read More $200 Mn Well Spent? 3 Reasons Why Infosys Buying Panaya May Be A Good Idea
When Satya Nadella was named to head Microsoft Corp. on 4 February last year, there were expectations that he would boost its already strong enterprise business and research and development units in Hyderabad and Bengaluru, given his Indian roots and…
Read More What Satya Nadella’s Year In Charge Meant For Microsoft’s India Unit
One does not really associate names like Jaguar Land Rover, a British automotive company; or Mars, an American confectioner, with Saudi Arabia. For years, Saudi Arabia has become synonymous with oil. And it is not surprising considering that around 80%…
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…
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $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…
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $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…
Nasdaq-listed software services exporter iGate Corp. reported a 14.8% rise in December quarter net profit, missing analyst expectations as gross margin narrowed. A Bloomberg poll had estimated a net profit of $44 million on revenue of $330.2 million. The company…
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $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…
US-based outsourcing solutions firm IGATE on Tuesday reported a 14.8 per cent growth in net profit at $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…
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 all this while being snapped up by…
Read More Desi startups: Don’t look now, but global biggies are checking you out : Firstpost
Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…
Read More Mindtree Q3 profit up 58.5%, beats market expectations
Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…
Read More Mindtree Q3 profit up 58.5%, beats market expectations
Mindtree has reported good third quarter profits and is confident that it will beat the upper band of Nasscom’s 13-15 per cent guidance for this financial year. The Bengaluru-based mid-size company posted a net profit of 140.8 crore in the…
India's second largest IT services exporter Infosys Ltd reported better than expected net profit numbers and revenue, which were in line with market expectations for the third quarter of the current financial year. However, Sanchit Vir Gogia, Chief Analyst and…
Read More Sikka’s ‘New and ReNew’ strategy sparks a slow turnaround at Infosys
After spending last three years in navigating the policy landscape for telecom manufacturing, India is now ready for take-off. At the helm, is a supportive government ready to do all that it takes to facilitate the industry. However… Industry experts…
During his keynote address at the inaugural session at CeBit India, the local edition of the world's largest IT expo, in November last year, Infosys CEO Vishal Sikka first expressed his "disappointment" with the Indian IT services industry. He had…
Assuaging concerns over some sections of the industry that Infosys is becoming a product company, CEO Vishal Sikka has asserted that it will continue to be a services company going forward. “The trick for Sikka would be to do a…
Read More Infosys Will Remain A Services Firm, Says Sikka; Promises To Deliver More Value
The traditionally strong September quarter saw an unusual and unexpected slowdown in what seems like winter setting in a bit too early for the country’s top IT services companies. The December quarter is usually the weakest for the companies, with long…
Read More #GreyhoundInMedia: IT hits a speed breaker #Press #Media @ExpComputer
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
India’s fourth largest software services provider HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.…
