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Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
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When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
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Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
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Wipro Boss Gets "Hate Mail" As 300 Fired For "Moonlighting"
The "integrity" debate over moonlighting, or taking up work besides regular job, isn't simply about what the company bosses want. Here's an explainer
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IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
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TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
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Bengaluru Panel Featuring Narayana Murthy, Azim Premji Scrapped
The Karnataka government has disbanded the Bengaluru Vision Group whose members included Infosys founder NR Narayanamurthy and Wipro chairman Azim Premji. The state government issued an order on June 8 disbanding the group, which was set up in April 2016 by the previous Congress government
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Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
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Indian IT Firms Expected To Post Muted Q3 Revenue Growth, Visa Rules A Concern, Say Analysts
TCS will kick-off the third quarter earnings announcement season on January 11, followed by Infosys a day later.
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Ex-Infosys Top Boss Bats For Nandan Nilekani, Narayana Murthy In CIO Role
"The government should get leaders from the tech industry to be the CIO," said Former Infosys CFO V Balakrishnan.
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Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
-
Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
-
When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
-
Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
-
Wipro Boss Gets "Hate Mail" As 300 Fired For "Moonlighting"
The "integrity" debate over moonlighting, or taking up work besides regular job, isn't simply about what the company bosses want. Here's an explainer
-
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
-
TCS, Accused Of Favouring Indians Over Americans, Cleared By US Court
A jury in California rejected claims that Tata Consultancy Services Ltd. has discriminated for years against American workers in favor of staffing its US offices with Indians.
-
Bengaluru Panel Featuring Narayana Murthy, Azim Premji Scrapped
The Karnataka government has disbanded the Bengaluru Vision Group whose members included Infosys founder NR Narayanamurthy and Wipro chairman Azim Premji. The state government issued an order on June 8 disbanding the group, which was set up in April 2016 by the previous Congress government
-
Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
-
TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
-
Indian IT Firms Expected To Post Muted Q3 Revenue Growth, Visa Rules A Concern, Say Analysts
TCS will kick-off the third quarter earnings announcement season on January 11, followed by Infosys a day later.
-
Ex-Infosys Top Boss Bats For Nandan Nilekani, Narayana Murthy In CIO Role
"The government should get leaders from the tech industry to be the CIO," said Former Infosys CFO V Balakrishnan.
-
Wipro To Kick-Start Rs 11,000 Crore Share Buyback From November 29
The company will process the buyback through a tender offer route, at a price of Rs 320 per equity share.
