Blackstone India takes Mphasis off HP’s hands for ₹7,100 crore

Private equity player Blackstone India announced that it will buy Bengaluru-based Mphasis for ₹7,100 crore, making it the largest deal in India and bringing to a close speculation over the future of Mphasis. The PE major will acquire Hewlett-Packard’s 60.5…

US H-1B and L-1 visa doubling of visa fees controversial

The much reported visa fee increases for both the H-1B visa (from $2,000 to $4,000) and the L-1 visa (from $2,250 to $4,500) have unsurprisingly caused some ripples between Indian and US official bodies. This visa fee increase applies to…

H1B fee increase sends Indo-US relations south

2015 was a particularly eventful year for contentious debates surrounding H1B visas within the context of Indian IT services firms. The last bit of acrimony which had US tech workers fuming was the replacement of IT workers at Disney as…

Vodafone in talks with IBM to renew ₹6600 Cr outsourcing contract

Vodafone India has started talks with software major IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016, while also sounding out Wipro, Tata Consultancy Services, Infosys and Tech Mahindra,…

VodafoneIn has a new ally in IBM for a whopping $1 bn deal

Vodafone, one of India's top telecom operators, is now in talks with the software major IBM for the renewal of a $1 billion outsourcing contract that will expire in June next year. The mobile network operator outsources services like management of…

Blackstone buys Serco BPO operations for £250 million

Private equity firm Blackstone has acquired a majority stake in Serco’s BPO operations for £250 million (₹2,558 crore). This is the largest such deal for Blackstone in India. The sale does not include the UK business of Serco Global Services,…

Despite Beating Expectations, Infosys Falters As CFO Quits

Infosys manged to beat street expectations on Monday (12 October) but CFO, Rajiv Bansal, quit after a three year stint. He was brought in by Narayana Murthy, the Chairman Emeritus of Infosys, to revive an ailing company. But since then…

Infosys to add 1000 engineers to Software products team in FY16

The country’s second largest IT services exporter, Infosys, is set to hire up to 1,000 engineers in FY16 as it ramps up its product business, which is targeted to exceed $1 billion in revenue by 2020. This is part of…

Restoring & Reinventing

On 20 august — which happened to be Infosys founder N.R. Narayana Murthy’s 69th birthday — the company CEO and managing director Vishal Sikka announced a new set of services, ‘Aikido’. Named after Japanese martial art that is about defeating…

How Indian IT service providers are getting cloud ready

As the IT services industry takes a different route with enterprise clients moving from traditional to cloud-based services, Indian IT service providers too are shifting gears to keep pace with their global competitors. For the IT services industry, it’s the time…

Results Of Infosys And HCL Tech Indicate That Strategic Outsourcing Is Dying A Natural Death

From the results of two big IT service providers, namely HCL Technologies and Infosys, it is clear that Strategic Outsourcing (SO) is dying a natural death, believes Greyhound Research. “Strategic outsourcing deals are increasingly being replaced by cloud and/or managed…

India to become Capgemini’s default offshoring location soon

Cap Gemini SA, the Paris-based consulting and software services firm, is trying to save costs by farming out more work to its centres in India and hiring freshers from colleges.Capgemini, which has software development centres in more than 10locations outside France,…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #ManoramaOnline

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for newly allocated CEO Vishal Sikka during Infosys: Analysts #Press #Media #Business4Net

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #SmartInvestor

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for newly appointed CEO Vishal Sikka at Infosys: Analysts #Press #Media #MSNNews

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #TheNewsInternational

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #FinancialChronicle

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #SmartInvestor

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Lagging growth, high attrition: Vishal Sikka has an uphill task rescuing Infosys #Press #Media #Firstbiz

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #NDTVProfit

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #TheWeek

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #ZeeBiz

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #EconomyLead

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #BusinessStandard

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for newly appointed CEO Vishal Sikka at Infosys: Analysts #Press #Media #EconomicTimes

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Challenges aplenty for Sikka at Infosys: Analysts #Press #Media #PTI

Once a darling of stock markets, Infosys is now battling challenges like pushing growth and retaining talent and these are issues that the newly appointed CEO Vishal Sikka will have to act on fast to rekindle confidence among customers and…

#GreyhoundInMedia: Wipro likely to beat Nasscom’s growth estimates this fiscal, say analysts #Press #Media #CommunicationsToday

Despite a tepid guidance for the first quarter of this year, fuelled by multi-million dollar deals in the past few months, Wipro is expected to beat Nasscom’s 13-15 per cent growth estimates for the 2015 fiscal. Analysts believe that on the…

#GreyhoundInMedia: Wipro Q1 profit up 29.5% as IT spending returns in North America #Press #Media #ZeeBiz

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…

#GreyhoundInMedia: Wipro Q1 profit rises 29.5 per cent to Rs 2,103 crore #Press #Media #IBNLive

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,…