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"Those Days Are Gone": Piyush Goyal Plays Down H-1B Visa Dependence At NDTV Profit Conclave
Commerce Minister Piyush Goyal says India no longer relies on H-1B visas for IT growth, thanks to a shift towards remote work.
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TCS, Private Equity Major To Invest Rs 18,000 Crore In Data Centre Business
The country's largest IT services company TCS announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore.
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Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
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India Tech Valuations Put To The Test As Earnings Remain Under Pressure
India's IT services giants may struggle to justify their valuations when they kick off Asia's reporting season this week, as earnings are expected to be the weakest in years.
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Why Infosys Will Hire More In US Even After Trump Exit
Infosys Ltd. will accelerate hiring in the U.S. and Europe, after Trump-era immigration curbs forced the Asian tech-services giant and its rivals to overhaul their traditional reliance on serving global clients with Indian talent.
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New H-1B Visa Rules Mild Negative For Indian IT Services: Rating Agency ICRA
The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA has said.
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Volkswagen Opens IT Centre In Dresden
In the future, the Industrial Cloud will link all 122 Group-wide Volkswagen production facilities. The goal is to amalgamate all data, and in doing so consistently digitalise production and logistics.
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IBM Apologises For Using Insensitive Ethnic Labels On Job Application
IBM apologized Tuesday after one of its recruitment Web pages gave applicants the option of using racially insensitive terms to identify themselves. The process took job seekers to a drop-down menu that included "yellow" and "mulatto" with Caucasian, black and other options.
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FireEye Says China-Based Hacker Group Now Targeting Firms in India
FireEye says a new set of tools is being used by China-based cyber-espionage group APT10 to steal confidential business data.
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Tech Mahindra Posts Jump in Quarterly Net Profit, Looks to Expand
The company's new profit grew 7.2 percent to Rs. 676.07 crores, and revenues grew 22.9 percent to Rs. 6,293.8 crores.
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Wipro Posts 4 Percent Jump in Q1 Net Profit; Adds New Clients
"On the Run side, deals are getting increasingly competitive and we are focused on increasing the levels of automation," Wipro CEO T K Kurien said.
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Why Cybersecurity Firms Are Suddenly Investing Big in India
Global cybersecurity company TaaSera launched its India business today, joining a growing number of cybersecurity firms eyeing India as a growth frontier amid an expected doubling of online crime in the country.
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India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
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Wipro Signs $1.1 Billion Deal With Canada's ATCO; Acquires IT Arm
As part of the alliance, Wipro will provide outsourcing solutions, including infrastructure management and application development and maintenance.
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Mindtree posts 24 percent jump in Q4 net profit, revenue crosses $500 million
Consolidated revenue grew by 34.5 percent to Rs. 823.7 crores in the January-March quarter of 2013-14 fiscal.
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"Those Days Are Gone": Piyush Goyal Plays Down H-1B Visa Dependence At NDTV Profit Conclave
Commerce Minister Piyush Goyal says India no longer relies on H-1B visas for IT growth, thanks to a shift towards remote work.
-
TCS, Private Equity Major To Invest Rs 18,000 Crore In Data Centre Business
The country's largest IT services company TCS announced a tie-up with private equity major TPG for its upcoming data centre business, in which both the partners aim to invest Rs 18,000 crore.
-
Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
-
India Tech Valuations Put To The Test As Earnings Remain Under Pressure
India's IT services giants may struggle to justify their valuations when they kick off Asia's reporting season this week, as earnings are expected to be the weakest in years.
-
Why Infosys Will Hire More In US Even After Trump Exit
Infosys Ltd. will accelerate hiring in the U.S. and Europe, after Trump-era immigration curbs forced the Asian tech-services giant and its rivals to overhaul their traditional reliance on serving global clients with Indian talent.
-
New H-1B Visa Rules Mild Negative For Indian IT Services: Rating Agency ICRA
The proposed changes in H-1B application selection process by US Citizenship and Immigration Services (USCIS) are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, investment information agency ICRA has said.
-
Volkswagen Opens IT Centre In Dresden
In the future, the Industrial Cloud will link all 122 Group-wide Volkswagen production facilities. The goal is to amalgamate all data, and in doing so consistently digitalise production and logistics.
-
IBM Apologises For Using Insensitive Ethnic Labels On Job Application
IBM apologized Tuesday after one of its recruitment Web pages gave applicants the option of using racially insensitive terms to identify themselves. The process took job seekers to a drop-down menu that included "yellow" and "mulatto" with Caucasian, black and other options.
-
FireEye Says China-Based Hacker Group Now Targeting Firms in India
FireEye says a new set of tools is being used by China-based cyber-espionage group APT10 to steal confidential business data.
-
Tech Mahindra Posts Jump in Quarterly Net Profit, Looks to Expand
The company's new profit grew 7.2 percent to Rs. 676.07 crores, and revenues grew 22.9 percent to Rs. 6,293.8 crores.
-
Wipro Posts 4 Percent Jump in Q1 Net Profit; Adds New Clients
"On the Run side, deals are getting increasingly competitive and we are focused on increasing the levels of automation," Wipro CEO T K Kurien said.
-
Why Cybersecurity Firms Are Suddenly Investing Big in India
Global cybersecurity company TaaSera launched its India business today, joining a growing number of cybersecurity firms eyeing India as a growth frontier amid an expected doubling of online crime in the country.
-
India's IT Services Exporters Whipped by Currency Headwinds
The dollar's biggest quarterly rise against other major currencies since 2008 has undermined sales of India's IT services firms in non-US markets, including Europe, in what was already a seasonally slow period.
-
Wipro Signs $1.1 Billion Deal With Canada's ATCO; Acquires IT Arm
As part of the alliance, Wipro will provide outsourcing solutions, including infrastructure management and application development and maintenance.
-
Mindtree posts 24 percent jump in Q4 net profit, revenue crosses $500 million
Consolidated revenue grew by 34.5 percent to Rs. 823.7 crores in the January-March quarter of 2013-14 fiscal.
