The yawning fiscal deficit of the government is likely to get some relief with the upcoming spectrum auction, slated for March 4, as it hopes to add Rs 80,000 crore to its kitty by putting airwaves in the 800, 900,…
Category: Managed Services
CIOs Need A Broad Outlook For Developing Security Strategies
The last few months have seen numerous phishing attacks and hacking on to corporate networks—are you seeing the threat landscape getting more complicated? The security industry is rightly earning its long due importance in organisations owing to numerous attacks last…
Read More CIOs Need A Broad Outlook For Developing Security Strategies
CIOs Cautious of Free Upgrade to Windows 10
In a widely anticipated move, Microsoft announced last week that its newly launched operating system, Windows 10, will be provided as a free upgrade to the users of Windows 7, Windows 8.1 and Windows Phone 8.1. Terry Myerson, Executive Vice President,…
The days of ‘big bang’ hiring by IT firms may be over
‘Trespassers will be recruited,’ an adage that defined the hiring needs of India’s $120-billion IT services space in the last decade may no longer hold true. All indications are that frontline companies may hire fewer staffers going forward as they bring…
Read More The days of ‘big bang’ hiring by IT firms may be over
IGATE Q4 profit up 14.8% at USD 38 mn
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…
IGATE Q4 profit up 14.8% at USD 38 million
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…
IGATE Q4 profit up 14.8% at USD 38 mn
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…
iGate net profit up 14.8% in Dec quarter
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…
IGATE Q4 profit up 14.8% at USD 38 mn
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…
IGATE net profit rises 14.8% to $38 mn
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…
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 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 buys US firm Discoverture for $15 m
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…
Vodafone announces special plans for iPhones
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…
Cisco adds 129 crorepatis in a year to retain talent
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
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
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
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
Infosys Q3 Net Profit Up 13%, 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 Q3 profit rises 13% to Rs3,250 crore
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…
Sikka’s ‘New and ReNew’ strategy sparks a slow turnaround at Infosys
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
Telecom Manufacturing: Can India make it?
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…
Sikka’s plan for Infosys defies the norm
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…
Infosys Will Remain A Services Firm, Says Sikka; Promises To Deliver More Value
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
Q2 Call: HCL Technologies Expects A 210 bps Hit On Its Revenue
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
Alarm bells: TCS red flags Q3 growth
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…
All will be well: taxi service investors
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…
Greyhound Research ranked number two in Asia Pacific and top 10 globally in ‘Analyst Firm Of The Year Awards’
The firm has the credit of the only young firm (18 months in operation) amongst the list of long existing global majors Commenting on this announcement, Sanchit Vir Gogia, Chief Analyst and Group CEO, Greyhound Research said, “I want to…
Avekshaa gets funding from Karnataka IT Venture
Avekshaa Technologies, an IT start-up company backed by former Infosys CFO V Balakrishnan, has chalked out aggressive growth plans. “A disruption is needed in the way Indian outsourcers bag deals and more of the old style pitching will not work,”…
Analyst Firm Of The Year Awards: Greyhound Research ranked No.2 in APAC
Greyhound Research, the 18-months old IT and telecom research firm, has been ranked second best analyst firm in Asia Pacific by Influencer Relations. It also becomes the only analyst firm headquartered in Asia Pacific to rank amongst top 10 firms…
Read More Analyst Firm Of The Year Awards: Greyhound Research ranked No.2 in APAC