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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
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
Infosys Ltd, India’s second largest software services exporter, on Friday reported a higher-than-expected 28.6% increase in fiscal second quarter (Q2) net profit as it added almost 50 new clients and benefited from a foreign exchange gain. The company announced a…
Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #CommunicationsToday
Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks…
Read More #GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress
The irony is hard to escape. It is a sector where the perks for the staff are top notch, but it is also one where attrition is extreme. The sector in question is information technology and IT enabled services (ITeS). A…
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…
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,…
IT services major Wipro today reported a 29.5 per cent 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 Bangalore -headquartered firm had posted a net profit…
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
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…
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…
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…
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 CEO Vishal Sikka, analysts said today. Sikka, who takes over from the current CEO and MD S…
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…
Though Infosys has managed to hire Vishal Sikka as its CEO, the company still has a huge task cut out for itself as it stares at an employee attrition rate of 19.5% for the June quarter. The company saw attrition…
Read More #GreyhoundInMedia: Infosys takes step to stop high attrition #Press #Media #DNA
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
Standing at the "cusp of change", IT services giant Infosys will now widen its focus on software assets and intellectual property under its new CEO Vishal Sikka, analysts said today. Sikka, who takes over from the current CEO and MD S D Shibulal…