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Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…
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Intel India saw profits grow 4.6% to Rs 379 crore and revenue by 23% to Rs 4,149 crore in fiscal 2018, according to the company's filings with the Registrar of Companies (RoC). The company has seen increased competition from peers such as…
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DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…
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Server sales in India declined for the first time due to weak demand from IT services firms, whose clients are increasingly renting space on the cloud to host applications instead of setting up their own infrastructure. Analysts said there were examples of…
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Vodafone Idea Ltd. (VIL), India’s top telecom operator, may miss an internal deadline of December 2018 to finalise new IT contracts, and is holding advanced talks with US software major IBM to finalise a multi-year deal by March end, which, some estimates suggest, could…
Share using #GreyhoundStandpoint
Share using #GreyhoundStandpoint
Share using #GreyhoundStandpoint
Share using #GreyhoundStandpoint
Share using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
Share Using #GreyhoundStandpoint
US-based hedge fund and venture investor Tiger Global Management is buying back the shares of 140 employees at payments firm Razorpay via an employee stock option (ESOP) plan, a statement by the Bengaluru-based startup said. The investor is buying the…
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