India’s largest software exporter TCS said it will consider a share buyback at a board meeting next week. “This potential buyback will give TCS shareholders a shot in the arm. It will help investor sentiments. This move will create pressure…
Tag: Greyhound Standpoint
IBM Chief Ginni Rometty Is Betting On A Cognitive World
If Google Inc. and Facebook Inc. dominate the online space with their machine learning, deep learning and suite of artificial intelligence (AI) technologies, International Business Machines Corp. (IBM) wants to go a step further and capture both the online and…
Read More IBM Chief Ginni Rometty Is Betting On A Cognitive World
प्रमोटरों के सवाल पर इन्फोसिस की सफाई, सिक्का का पैकेज बढ़ाना कंपनी हित में
देशके सबसे बड़े उद्योग घराने टाटा समूह के बाद अब देश की दूसरी सबसे बड़ी आईटी कंपनी इन्फोसिस में प्रमोटर और बोर्ड के बीच मतभेद सामने रहे हैं। प्रमोटरों ने एमडी और सीईओ विशाल सिक्का के सैलरी पैकेज के साथ…
Read More प्रमोटरों के सवाल पर इन्फोसिस की सफाई, सिक्का का पैकेज बढ़ाना कंपनी हित में
A ‘Kshatriya’-Run Infosys Continues To Ring The Bell Despite Murthy’s Attack
Run by a kshatriya, a warrior – Vishal Sikka calls himself one – Infosys’ stocks continue to perform well despite allegation of “low corporate governance” by former chairman and co-founder NR Narayana Murthy. “There will always be differences in how…
Read More A ‘Kshatriya’-Run Infosys Continues To Ring The Bell Despite Murthy’s Attack
Startup World Is No stranger To Boardroom Bickerings Playing Out In Infosys
The hullabaloo over former Infosys Chief Financial Officer Rajiv Bansal’s severance payout could just be the trigger for a larger war inside the IT bellwether. But the battle lines have yet to be clearly drawn. The question everyone seems to…
Read More Startup World Is No stranger To Boardroom Bickerings Playing Out In Infosys
Infosys: A Tata-Mistry In Making, But Vishal Sikka Is No Cyrus Mistry
It takes more than just a boardroom coup to oust a company’s chairman or chief executive, though Ratan Tata is different. It took him just one board meeting to remove Cyrus Mistry, then the chairman of Tata Sons, whose family’s…
Read More Infosys: A Tata-Mistry In Making, But Vishal Sikka Is No Cyrus Mistry
Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. The founders have lashed out at Vishal Sikka, CEO and the board via a letter that highlights possible corporate…
Read More Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?
H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
Donald Trump's efforts to limit the number of temporary workers in the US will dent India's software industry. Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, emphasised that the need to have people on-site is more than just…
Read More H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
Top-level exits continue at Snapdeal, India’s third largest e-commerce company, as Tony Navin, head of partnerships and strategic investments, decided to move on after a seven-year stint. Navin’s exit comes in quick succession of two other bigwigs -- Abhishek Kumar…
Read More Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
Infosys Governance Row: 10 Points To Ponder
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. Founders have lashed out at Vishal Sikka and the board via a letter that highlights possible corporate governance issues under…
Infosys Letter: Why Can’t Founders Of Indian Cos Leave Without Looking Back, Just Like Bill Gates?
The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporates that are restructuring and reinventing themselves to come to…
Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
India's famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US…
Read More Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
Infosys Defends Pay Hike To Sikka, Says Decision in Company’s Interest
IT major Infosys today defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the…
Read More Infosys Defends Pay Hike To Sikka, Says Decision in Company’s Interest
H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
Today a legislation impacting H1-B visa programme has been introduced in the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the bill more than doubled the minimum wage requirement of…
Read More H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
Apple iPhone To Be Made In Bengaluru: Will Boost The Component-Manufacturing Ecosystem In India
Apple iPhones will be made in Karnataka. The government of Karnataka on Thursday said that it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign that the tech company is slowly moving forward…
This Country Will Be Most Impacted If US Passes New H-1B Visa Bill
It may not be a good time to be a techie in America. Correction: It may not be a good time to be a non-American in Trump's America. "Skilled foreign workers who come to work in the US by the…
Read More This Country Will Be Most Impacted If US Passes New H-1B Visa Bill
What H1B Visa Reforms Mean For IT Companies
Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs. The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said…
New H-1B Visa Announcement: Skills Not Salary The Trump Card
On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…
Read More New H-1B Visa Announcement: Skills Not Salary The Trump Card
Vodafone-Idea Merger: India’s Largest Telecom Operator In The Making
Vodafone Plc, the British telecom company has confirmed “ongoing talks” of merger with Aditya Birla Group-owned telecom operator Idea Cellular, to cushion itself against a price war with Reliance Jio. “Together Idea and Vodafone will have more fire-power against Reliance…
Read More Vodafone-Idea Merger: India’s Largest Telecom Operator In The Making
With UberEATS, Is Uber Biting Off More Than It Can Chew?
Online food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the…
Read More With UberEATS, Is Uber Biting Off More Than It Can Chew?
With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
The appointment of C Vijayakumar in the last quarter is proving to be a good move for HCL Technologies. HCL Tech is going through a change and he is bringing in fresh perspectives in the way their deals are being…
Read More With Digital Transformation As Pivot, HCL Technologies Posts Strong Q3 2017 Results
Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home
Indian engineers have for long viewed the US as the land of El Dorado with its promise of riches — professional and personal. But they are now a deeply worried lot as nationalist rhetoric turns shrill in Donald Trump’s America.…
Read More Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home
Oracle Preparing To Compete With AWS
After launching its public cloud services in September, Oracle is vying for the market dominated by Amazon Web Services – by changing its organisation culture to mimic that of AWS itself. “Digital sales will be challenging for Oracle because most…
HCL Tech Q3 Net Up 7.8%, Co Maintains Full-Year Guidance
HCL Technologies on Tuesday reported a 7.8% rise in consolidated net profit at Rs2,070 crore for the third quarter ended December 31, 2016, as compared to Rs1,920 crore reported in the year-ago period. Anshoo Nandwaani, Vice President & Principal Analyst,…
Read More HCL Tech Q3 Net Up 7.8%, Co Maintains Full-Year Guidance
Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
New US President Donald Trump's 'Buy American-hire American' rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled…
Read More Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…
Read More Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?
Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation
Funded by foreign investors and parent companies, India’s leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain…
Read More Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation
How Change In Technology Landscape Is Impacting M&A In IT Industry
The year 2016 witnessed a major rise and impact of new technologies like social, mobile, analytics and cloud (SMAC) across businesses and organisations, not just in terms of the adoption, usage and investments but also it gained the status of…
Read More How Change In Technology Landscape Is Impacting M&A In IT Industry
Trump-Wary IT Body Nasscom To Meet US Policy Makers Soon
Amid widespread concerns over impending policies of Donald Trump, who is set to take charge as US President from Friday, Nasscom is planning a visit to the US in the next few weeks to reach out to American policymakers and…
Read More Trump-Wary IT Body Nasscom To Meet US Policy Makers Soon
NASSCOM 2 Last
Hoping for a "business-friendly administration", Infosys chief Vishal Sikka says Trump himself is an entrepreneur and a business leader and therefore, he "expects that this will be the case where business and innovation friendly regime." Greyhound Research Chief Analyst and…