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Information technology

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

Thu, Jan 04, 2024

JP Morgan's report on ITSector, expecting recovery in the sector, upgraded some stocks, upgraded Infosys and LTTS to Overweight rating, know complete details in this video

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

Thu, Dec 14, 2023

IT companies boom in 2024! IT budget is going to increase in the new year, growth triggers for IT companies, #ITIndex at 20 month high, change in guidance of IT companies also possible

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Thu, Oct 05, 2023

Global brokerages bullish on T companies. Why did trust in IT companies increase? Top pick in IT of Global Brokerages? See complete details in this video

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Embattled IT sector set to press reset button in 2018

Embattled IT sector set to press reset button in 2018

Sun, Dec 31, 2017

What doesn't kill you, makes you stronger. That's probably the prescription pill for the USD 150 billion IT industry that faced multiple headwinds in the form of increased visa scrutiny and slowdown in client spending this year.

As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students

As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students

Sun, Nov 05, 2017

Indian IT industry is in short supply of jobs to offer fresh recruits. However multinational companies are now looking to hire Indians for their operations.

Services sector attracts 60% of jobs in FY17; IT still on top

Services sector attracts 60% of jobs in FY17; IT still on top

Wed, Aug 16, 2017

Job opportunities were the highest in the services sector in India last fiscal.

Hike acquires Bengaluru-based Creo

Hike acquires Bengaluru-based Creo

Fri, Aug 11, 2017

Hike acquired the Creo Team which will work together on a developer platform.

Govt admits that India's IT sector is now creating less and less new jobs

Govt admits that India's IT sector is now creating less and less new jobs

Wed, Aug 09, 2017

The net additions of IT professionals has dropped since FY15 however total employees in the sector have grown in FY17.

Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates

Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates

Fri, Jul 21, 2017

According to analysts, Tata Consultancy, Wipro and Infosys were expected to report muted financial performance for the April- June quarter, with margins coming under pressure on account of rupee appreciation and wage revision.

Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints

Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints

Fri, Jul 21, 2017

Wipro Ltd, India`s third-largest software services exporter, announced an up to 110 billion rupee ($1.71 billion) share buyback on Thursday, overshadowing a tepid revenue forecast that fell short of market expectations.

Paytm aims to sell gold worth $200 million this year

Paytm aims to sell gold worth $200 million this year

Thu, Jul 20, 2017

Paytm plans to sell 5 tonnes of gold valued around $200 million this year, the digital payments firm said on Friday, as it strives to develop a viable business from its e-wallet platform.

CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications

CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications

Tue, Jul 18, 2017

CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.

Six out of top 10 most influential brands in 2016 were IT companies

Six out of top 10 most influential brands in 2016 were IT companies

Mon, Jul 17, 2017

Information Technology companies were some of the top 10 most influential in India in the last year.

TCS says attrition is down, women employee count at all-time high

TCS says attrition is down, women employee count at all-time high

Thu, Jul 13, 2017

TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.

Paytm Gold allows for storage locker facility with MMTC-PAMP

Paytm Gold allows for storage locker facility with MMTC-PAMP

Wed, Jul 12, 2017

Apple to build second renewables-powered data centre in Denmark

Apple to build second renewables-powered data centre in Denmark

Tue, Jul 11, 2017

Apple Inc said on Monday it will spend 6 billion Danish crowns ($921 million) on a new data centre in Denmark, its second in the Nordic country to run entirely on renewable energy.

Anand Mahindra apologises over techie's firing

Anand Mahindra apologises over techie's firing

Sat, Jul 08, 2017

At the end of December 2016,Tech Mahindra had over 1.17 lakh employees.

Microsoft to cut up to 4,000 jobs

Microsoft to cut up to 4,000 jobs

Fri, Jul 07, 2017

Technology giant Microsoft is undertaking a major reorganisation in its sales and marketing units that will likely see the company cutting about 4,000 jobs from its workforce, mostly outside the US.

Microsoft to reorganize sales and marketing teams

Microsoft to reorganize sales and marketing teams

Tue, Jul 04, 2017

Microsoft will undergo a reorganization that will impact its sales and marketing teams, company executives told employees on Monday.

Samsung plans $18.6 billion South Korea investment amid chip boom

Samsung plans $18.6 billion South Korea investment amid chip boom

Tue, Jul 04, 2017

Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won ($18.63 billion) in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.

Infosys investors blast board over 'infighting' with founders

Infosys investors blast board over 'infighting' with founders

Sun, Jun 25, 2017

Infosys` boardroom battles and the "open war" played out in the media between the board members and its founders since February came to the fore at the firm`s 36th Annual General Meeting (AGM) on Saturday.

No proof of wrongdoing by company in Panaya deal, Infosys says

No proof of wrongdoing by company in Panaya deal, Infosys says

Sat, Jun 24, 2017

An international law firm and a risk consultancy found no evidence of wrongdoing by Infosys in acquiring the US-based Panaya firm for $200 million in February 2015, the global software major said on Friday.

Infosys pays $1 million for 'visa abuse' in US

Infosys pays $1 million for 'visa abuse' in US

Sat, Jun 24, 2017

Global software major Infosys Ltd paid $1 million (Rs 65 lakh) to settle a litigation on the alleged abuse of visa rules, said New York State Attorney General Eric T. Schneiderman on Friday.

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