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…

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…

Infosys Q3 Net Profit Up 13%, 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…

Q2 Call: HCL Technologies Expects A 210 bps Hit On Its Revenue

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…

Riding The Next Wave Of Digital Growth

Indian IT services companies are realizing that ‘digital’ is the way to go. They are investing in new technologies such as cloud computing, mobile technologies, data analytics among other and bagging high-margin outsourcing contracts to respond to the growing competition. In an…

#GreyhoundInMedia: Huawei enters IT services with telecom projects #Press #Media #HinduBusinessLine

Telecom networking giant Huawei has entered IT services, a shift from its hardware-focussed strategy which will eat into the marketshare of Indian software exporters, especially in telecom-related projects. Huawei started off making telecom equipments such as routers and switches for…

#GreyhoundInMedia: Cognizant to buy US-based TriZetto for $2.7 billion #Press #Media #BusinessStandard

Deal to bolster firm's position in healthcare IT. In what could strengthen its leadership in the healthcare technology space, Nasdaq-listed information technology (IT) services company Cognizant has entered into a definitive agreement to acquire US-based TriZetto in an all-cash deal valued…

#GreyhoundInMedia: Learning from the Masters #Press #Media #BusinessStandard

The blossoming IT services sector in India has learnt many lessons on staffing from manufacturing. Heavy competition and the economic downturn notwithstanding, TCS has managed a 6.3 per cent reduction in the average employee cost every year over 2007-2013, as per…

#GreyhoundInMedia: Asia-Pacific, Middle East new focus areas for IT services firms #Press #Media #Mint

Indian software services exporters have begun sharpening their focus on countries like Japan, China, Malaysia, Australia and those in the Middle East, given the growth potential of these markets. Sanchit Vir Gogia, chief analyst and chief executive of Greyhound Research,…

#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: TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #CommunicationsToday

India's largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore,…

#GreyhoundInMedia: TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #FinancialExpress

India's largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore,…

#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…

#GreyhoundInMedia: IT takes an optimistic curve #Press #Media #TheFinancialExpress

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…

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

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. Sanchit Vir Gogia of…

#GreyhoundInMedia: Tata Communications to up data centre size, spend $200 million #Press #Media #HinduBusinessLine

Global communications and enterprise service provider Tata Communications said the company expects to lead the data centre business in India with around 26 per cent market share right now. According to the company, it tops the data centre market right now…

#GreyhoundInMedia: Tech push by railways a billion dollar opportunity for IT firms #Press #Media #Mint

The National Democratic Alliance (NDA) government’s first railway budget, which envisages implementing Internet connectivity at stations and in trains, digitizing land records, integrating all its computer systems and achieving a paperless office in five years, has thrown up a billion…

#GreyhoundInMedia: Sikka at helm, it’s time to hit the Refresh key at Infy #Press #Media #GovernanceNow

For a man that Nagavara Ramarao Narayana Murthy stood out to be all through his life – one of India’s greatest entrepreneurs – the murmur was soon becoming too big and loud to bear. While Infosys’s decision last year to…

#GreyhoundInMedia: Decoding the Infy reboot #Press #Media #HinduBusinessLine

What can Vishal Sikka, an outsider with a software product background, do for Infosys that its founders haven’t been able to achieve? Venkatesh Ganesh and K Giriprakash find out. In the end, it was not an easy decision either for…

#GreyhoundInMedia: Technology companies seek clarity on taxes in union budget #Press #Media #ExpressComputer

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: 5 problems Indian IT decision makers need solved from Union Budget 2014-15 #Press #Media #EconomicTimes

The newly appointed Government in India has worked like a shot in the arm for country's economy. A recent study by ASSOCHAM confirmed that this new wave of leadership for India is expected to double foreign investments to US$ 60…

#GreyhoundInMedia: Budget 2014: IT firms seek clarity on taxes, GST implementation #Press #Media #TimesOfIndia

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Strong Q1 revenues but salary hike to impact margins: Analysts #Press #Media #BusinessStandard

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech cos seek clarity on taxes, GST implementation in Budget #Press #Media #EconomyLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: IT services firms to post strong Q1 revenues #Press #Media #EconomyLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Budget 2014: Tech companies seek clarity on taxes, GST implementation #Press #Media #IndiaTvNews

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech cos seek clarity on taxes, GST implementation in Budget #Press #Media #InfotechLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech firms seek clarity on taxes, GST implementation in Budget #Press #Media #ZeeBiz

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Strong Q1 revenues but salary hike to impact margins: Analysts #Press #Media #FinancialChronicle

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: IT services firms to post strong Q1 revenues #Press #Media #InfotechLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…