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 : dont Look now, but global biggies are checking you out
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
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…
Apple has stepped up its India play, tying up with Vodafone to offer its range of devices, including the iPhone 6 and 6 Plus, on monthly installments over two years, while the country's No. 2 Telco looks to tie in…
The number of crorepatis at Cisco India shot up to 132 in 2014 from just three in the previous year, a development that comes at a time when the USbased network equipment maker is gearing up to cash in on…
Read More Cisco adds 129 crorepatis in a year to retain talent
Telecom is one of the fastest growing industries in India. Today, India stands as the second-largest telecommunications market in the world. The government has raised the FDI cap in India from 74 percent to 100 percent. This will help the…
Beating expectations, Infosys on Friday reported 13 percent jump in consolidated net profit for the third quarter to Rs 3,250 crore, helped by increase in business and clients from North America, as also from India. However, Greyhound Research CEO Sanchit…
Read More Infosys Q3 net profit up 13% at Rs 3,250 crore; beats expectations
Beating expectations, Infosys on Friday reported 13 percent jump in consolidated net profit for the third quarter to Rs 3,250 crore, helped by increase in business and clients from North America, as also from India. However, Greyhound Research CEO Sanchit…
Read More Infosys Q3 net profit up 13% at Rs 3,250 crore; beats expectations
Beating expectations, Infosys on Friday reported 13 percent jump in consolidated net profit for the third quarter to Rs 3,250 crore, helped by increase in business and clients from North America, as also from India. However, Greyhound Research CEO Sanchit…
Read More Infosys Q3 net profit up 13% at Rs 3,250 crore; beats expectations
Beating expectations, Infosys today reported 13 per cent jump in consolidated net profit for the third quarter to Rs 3,250 crore, helped by increase in business and clients from North America, as also from India. However, Greyhound Research CEO Sanchit…
Infosys maintains full-year revenue guidance citing strong demand from US-based clients “We believe that if Vishal can reduce attrition in the beginning of the quarter that will be a good start and a positive step towards winning internal confidence,” said…
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
With a fledgling cloud computing market in the country, both international and Indian cloud players are ramping up capacity to meet the increasing demand and are expected to spend over Rs 10,000 crore in the next three years. As per…
Read More Global And Indian Cloud Companies Scale Up Capacity To Meet Demand
India's fourth largest information technology outsourcing company HCL Technologies said on Tuesday that it expects a strong dollar to adversely impact its revenue in the second quarter ending December 2014. "Looking at the performance and numbers of HCL and TCS in this…
Read More Q2 Call: HCL Technologies Expects A 210 bps Hit On Its Revenue
The healthcare landscape is undergoing substantial changes as systems are being driven by rapid advances in mobile platforms, health information technology, and social media. Sanchit Vir Gogia, Chief Analyst and Group CEO, Greyhound Research states that with the emergence of…
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Blames slowing revenue from financial services, impact of holidays. Slowing revenue from financial services clients and seasonal factors such as holidays and furloughs in key western markets may cause Tata Consultancy Services to report muted earnings growth for the quarter ending…
The rapid adoption of SoCloMo is shifting the focus of security organisations from endpoint security to network security; the market pegged at $266 million in 2014, claims almost 28 percent of the total enterprise security market in India. According to…
Read More Emerging Enterprise Technologies Driving Shift from Endpoint to Network Security
Confident that strong regulatory and monitoring mechanism will eliminate problems. Despite the Delhi government and some States banning the operations of taxi aggregators after a Uber cab driver allegedly raped a passenger, investors continue to place faith in them, in the…