bellwether

Infosys launches new product for call centres


September 11th, 2012 - 9:15 pm ICT by IANS
Bangalore, Sep 11 (IANS) IT bellwether Infosys Tuesday said it had launched "a comprehensive next generation product" - SpeedSolve - to redefine customer service by making communication faster and more ... Read more...

Posted in Business |

Bengal minister meets Infosys top brass on stalled project


September 7th, 2012 - 12:38 am ICT by IANS
Bengalore, Sep 6 (IANS) West Bengal Industry Minister Partha Chatterjee, who held talks with the top brass of IT bellwether Infosys Thursday on its stalled project in the state, ... Read more...

Posted in Politics |

Wipro joins Google’s cloud platform


August 27th, 2012 - 9:53 pm ICT by IANS
Bangalore, Aug 27 (IANS) Indian IT bellwether Wipro Technologies has joined global search engine Google's cloud platform as its services partner, an official said Monday."As every product or IT service ... Read more...

Posted in Business |

Charges by former employee unfounded: Infosys


August 21st, 2012 - 11:07 pm ICT by IANS
Bangalore, Aug 21 (IANS) Investigation by IT bellwether Infosys Ltd. into the complaint filed by its former US-based employee Satya Dev Tripuraneni against it revealed that the charges were unfounded, ... Read more...

Posted in Business |

Infosys’ whistleblower Palmer to be benched


August 21st, 2012 - 8:10 pm ICT by IANS
Bangalore, Aug 21 (IANS) Infosys Ltd's American employee Jay (Jack) Palmer, whose lawsuit against the IT bellwether was dismissed by a US court Monday, would continue in the company but ... Read more...

Posted in Business |

WIPRO computerises five cooperative banks


July 31st, 2012 - 7:55 pm ICT by IANS
Bangalore, July 31 (IANS) IT bellwether Wipro Ltd Tuesday said it has deployed its core banking solution in five state-run cooperative banks across five country under the National Bank for ... Read more...

Posted in Sci-Tech |

Wipro looks for growth in new geographies (Second Lead)


July 24th, 2012 - 9:19 pm ICT by IANS
Bangalore, July 24 (IANS) India's third largest IT bellwether Wipro Ltd is betting on customers in new geographies to sustain growth momentum despite currency volatility and pricing pressure."At the macro ... Read more...

Posted in Business |

Infosys to hire 2,000 people in US by end 2012


July 24th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 24 (IANS) Indian IT bellwether Infosys Tuesday said it plans to hire almost 2,000 people in the US by the end of this year."Infosys hired 1,200 people in ... Read more...

Posted in Business |

Wipro battles to grow in volatile market (Lead)


July 24th, 2012 - 2:01 pm ICT by IANS
Bangalore, July 24 (IANS) As India's third largest IT bellwether, Wipro Ltd. too is battling to grow in a volatile currency market with uncertainty writ large due to global slowdown ... Read more...

Posted in Business |

Wipro projects flat IT growth in second quarter


July 24th, 2012 - 11:18 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd Tuesday projected $1.54 billion revenue from its global IT services for the second quarter (July-September) of this fiscal (2012-13), indicating a flat sequential growth ... Read more...

Posted in Sci-Tech |

Wipro net up 18 percent in first quarter


July 24th, 2012 - 11:05 am ICT by IANS
Bangalore, July 24 (IANS) Wipro Ltd posted a net profit of Rs.1,580 crore (Rs.15.80 billion) for the first quarter (April-June) of this fiscal (2012-13), registering 18 percent year-on-year (YoY) growth ... Read more...

Posted in Sci-Tech |

Infosys ranked second in global outsourcing firms


July 23rd, 2012 - 8:51 pm ICT by IANS
Bangalore, July 23 (IANS) Indian IT bellwether Infosys Ltd has been ranked second in the 2012 global outsourcing list of 100 top firms by the International Association of Outsourcing Professionals ... Read more...

Posted in Business |

Sensex falls 307 points; likely to remain volatile (Weekly market review)


July 15th, 2012 - 5:57 pm ICT by IANS
Mumbai, July 15 (IANS) Indian stock markets are likely to open volatile Monday, after the benchmark indices snapped five-week of winning spree in the previous week, on disappointing earnings ... Read more...

Posted in Business |

Choked Bangalore loses space event to Mysore


July 14th, 2012 - 10:59 pm ICT by IANS
Mysore (Karnataka), July 14 (IANS) India's tech hub Bangalore once again lost out in hosting an international event, this time, to its sister city Mysore, the cultural capital of ... Read more...

Posted in Uncategorized |

Infosys among top service providers in China


July 13th, 2012 - 9:54 pm ICT by IANS
Bangalore, July 13 (IANS) The Chinese subsidiary of the Indian IT bellwether Infosys Ltd has been ranked among t e top 10 global service providers in China by the council ... Read more...

Posted in Business |

Mysore to host international summit on space research


July 13th, 2012 - 8:24 pm ICT by IANS
Bangalore, July 13 (IANS) About 3,000 scientists and students from 75 countries, including India, will deliberate on the benefits of space for humankind at a summit in Mysore, 150 ... Read more...

Posted in Sci-Tech |

Sensex up 52 points; TCS, HDFC Bank rise


July 13th, 2012 - 3:03 pm ICT by IANS
Mumbai, July 13 (IANS) A benchmark index of Indian equities markets rose 52 points in afternoon session Friday, led by good buying support in TCS, Gail India and HDFC ... Read more...

Posted in Business |

Sensex dips 257 points; Infosys, Wipro slump (Roundup)


July 12th, 2012 - 6:50 pm ICT by IANS
Mumbai, July 12 (IANS) A benchmark index of Indian equities markets slumped 1.5 percent Thursday after Infosys announced disappointing earnings for the June quarter that led to a ... Read more...

Posted in Business |

Infosys fears euro could collapse


July 12th, 2012 - 5:28 pm ICT by IANS
Bangalore, July 12 (IANS) India's IT bellwether Infosys fears that the euro could collapse due to the sovereign debt crisis in Greece and Italy and the banking crisis in Spain."We ... Read more...

Posted in Business |

Sensex tanks 223 points, Infosys down 9 percent


July 12th, 2012 - 2:23 pm ICT by IANS
New Delhi, July 12 (IANS) A benchmark index of Indian equities markets was Wednesday trading 223 points lower in afternoon trade after IT bellwether Infosys issued weak revenue guidance ... Read more...

Posted in Uncategorized |

Infosys cuts hiring in first quarter


July 12th, 2012 - 1:51 pm ICT by IANS
Bangalore, July 12 (IANS) In a reversal of trend, Infosys Ltd. hired less employees in first quarter (June-April) of 2012-13 fiscal than in the fourth quarter (January-March) of the last ... Read more...

Posted in Business |

infosys revenue guidance dips on negative growth (Lead)


July 12th, 2012 - 1:09 pm ICT by IANS
Bangalore, July 12 (IANS) For the first time in many years, India's IT bellwether Infosys Ltd. has lowered its annual revenue guidance in dollar terms on negative growth sequentially during ... Read more...

Posted in Business |

Infosys lowers guidance in dollar earnings


July 12th, 2012 - 11:26 am ICT by IANS
Bangalore, July 12 (IANS) Infosys Technologies Ltd Thursday lowered its revenue guidance for this fiscal (2012-13) in dollar earnings as its year-on-year (YoY) growth is projected to be less than ... Read more...

Posted in Sci-Tech |

Infosys net up 33 percent in first quarter


July 12th, 2012 - 11:15 am ICT by IANS
Bangalore, July 12 (IANS) Infosys Technologies Ltd Thursday reported a net profit of Rs.2,289 crore (Rs.22.89 billion) for first quarter (April-June) of this fiscal (2012-13), registering a 33 percent year-on-year ... Read more...

Posted in Sci-Tech |

Infosys expands operations in Japan


June 25th, 2012 - 7:59 pm ICT by IANS
Bangalore, June 25 (IANS) Global software major Infosys Ltd expanded its operations in Japan by opening its second office at Nagoya to enhance its footprint in the Chubu manufacturing hub, ... Read more...

Posted in Business |

Infosys on course correction to spur growth: Kamath


June 9th, 2012 - 11:09 pm ICT by IANS
Bangalore, June 9 (IANS) India's IT bellwether Infosys Ltd. is on a course correction to align with the paradigm shift in technology business to products and platforms from services business, ... Read more...

Posted in Business |

Infosys braces to face twin challenges of clients


June 9th, 2012 - 7:50 pm ICT by IANS
Bangalore, June 9 (IANS) India's IT bellwether Infosys Ltd is bracing up to face the twin challenges of commoditisation and scalability from its global clients under its new management."With demand ... Read more...

Posted in Uncategorized |

Shutdown hits India’s tech hub partially (Lead)


May 31st, 2012 - 9:09 pm ICT by IANS
Bangalore, May 31 (IANS) Protest shutdown against steep petrol price hike Thursday partially affected India's tech hub with leading IT firms, including Infosys Ltd and multinationals logging out, even ... Read more...

Posted in Politics |

Infosys has trained 100,000 graduates at Mysore campus


May 31st, 2012 - 8:00 pm ICT by IANS
Bangalore, May 31 (IANS) IT bellwether Infosys has trained about 100,000 graduates in writing software codes and formulating algorithms at its global education centre in Mysore campus during the past ... Read more...

Posted in Sci-Tech |

Infosys to train British youth in software skills


May 9th, 2012 - 10:27 pm ICT by IANS
Bangalore, May 9 (IANS) Global consulting and technology major Infosys will develop software skills in Britain to qualify about 100 youth for suitable jobs, the IT bellwether said Wednesday.The $7 ... Read more...

Posted in Sci-Tech |

We can’t change our anti-SEZ stand: Mamata


April 27th, 2012 - 6:08 pm ICT by IANS
Kolkata, April 27 (IANS) West Bengal Chief Minister Mamata Banerjee Friday reiterated her government's policy of not granting special economic zone (SEZ) status to Infosys -- all at a ... Read more...

Posted in Politics |

Ratings downgrade was inevitable: Wipro


April 25th, 2012 - 8:04 pm ICT by IANS
Bangalore, April 25 (IANS) Downgrading of India's sovereign rating to negative from stable by global rating agency Standard & Poor's (S&P;) was a cause for concern though inevitable due to ... Read more...

Posted in Business |

Sensex slumps 117.57 points, Wipro tanks


April 25th, 2012 - 4:01 pm ICT by IANS
Mumbai, April 25 (IANS) A benchmark index for Indian equities markets was trading 117.57 points lower in the afternoon session Wednesday, affected by a decline in the shares of ... Read more...

Posted in Business |

Wipro outlook cautious on flat growth (Lead)


April 25th, 2012 - 2:05 pm ICT by IANS
Bangalore, April 25 (IANS) India's third largest IT bellwether Wipro Ltd Wednesday hoped revenue from its flagship services business would improve in ensuing quarters despite uncertainty in the macro-environment that ... Read more...

Posted in Business |

Wipro projects flat IT revenue for first quarter


April 25th, 2012 - 11:11 am ICT by IANS
Bangalore, April 25 (IANS) Wipro Ltd has projected an average revenue of $1.54 billion for the first quarter (April-June) from its global IT services business, indicating a flat sequential growth ... Read more...

Posted in Business |

« Previous Entries

Subscribe