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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…
If Google Glass could sing, it would be singing Pink Floyd's Learning to Fly today. Google has announced that it's time for Glass to grow out of its baby steps and put on their big kid shoes. Greyhound Research too…
Read More Google Glass in suspended animation: But will it see new life at the workplace?
Experts are predicting that more and more consumers will take to mobile banking as the under-banked look for a better online shopping experience Apple Pay uses NFC to enable payments. However, apart from the US, NFC has failed to gain…
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
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…
Directi has launched an app, Ringo, which allows users to make overseas calls without the Internet, Wi-Fi or carrier minutes at rates that it claims are about 70% lower than those offered by mobile phone companies and credit based calls…
Read More Directi launches voice app Ringo, allows to make overseas calls without internet
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…
E-commerce companies, the poster children of growth in recent years, are likely to report muted earnings for the quarter ended December 2014 due to high competition and investment expenses, say analysts. "The number of searches on the Internet has been…
Read More Competition, investment expenses to weigh on Q3 results of listed e-commerce players
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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Sanchit Vir Gogia, CEO, Greyhound Research, gives us five reasons why the e-tailers’ predatory pricing can’t last forever While there is no doubt that certain well-funded e-commerce power-houses have eaten into the domestic IT channel market, we have reasons to…
Read More Patience Will Be Key For Survival Of IT Retail: Greyhound Research
In a bid to strengthen their presence in the e-commerce sector, large players such as Amazon, Snapdeal and Flipkart are likely to look at acquiring companies with niche, differential capabilities, say industry analysts. "Snapdeal will be able to leverage Unicommerce's…
Read More More niche acquisitions likely in e-commerce sector, say analysts
As the wise men in the Indian business space would say – “India lost out in the web revolution but it is not missing out in the mobile space.” Today India is the fastest growing smartphone country in Asia. With…
Read More How Mobile Marketing In India Is Going To Evolve In 2015
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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…
