IT Majors’ Share Buyback: Shouldn’t They Fuel Innovation And Support Startups Instead Or Are They Done

Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of…

Infy Exits Show Challenge For Sikka In Biz Makeover

The exit of Sanjay Purohit, the seventh key executive to quit Infosys, shows the challenges its first non-founder chief executive Vishal Sikka is facing. Sikka, a former board member at business software company SAP AG, has been trying to push…

Why Do E-Commerce Firms Need The Billions?

Months after e-commerce major Flipkart raised $1.9 billion (about Rs 11,800 crore) in three rounds of funding in 2014, the Bengaluru-based company is again understood to be in talks to raise at least $500 million. “I believe the profit margins…

Budget 2015: Here’s What IT Industry Wants From You, Mr. Jaitley

The Modi-led Government will present its first full Union Budget on February 28. With the promise that the new government would put technology in the forefront, the Indian IT industry has pinned hopes on the Modi government to push reforms…