Capgemini to buy IGATE Corp in $4-billion cash deal
French IT services company Capgemini will buy IGATE Corp -- a US-based company with a large presence in India -- for USD 4 billion in cash to create an entity with a combined revenue of USD 14 billion to take on rivals like IBM.
Apr 27, 2015, 11:49 AM IST
UST Global to expand India workforce
IT services firm UST Global today said it will hire 5,000 people in India over the next three years as part of its expansion plans.
Apr 23, 2015, 15:58 PM IST
Wipro ready to grab bigger share of $8 trn IT spend: Senapaty
As he retired from India's third largest IT services firm today, Wipro CFO Suresh Senapaty said the company is ready to grab a larger share of USD 8 trillion global IT spending that will rise further.
Mar 31, 2015, 22:52 PM IST
Indian IT firms eye robotics, driverless cars for next round of growth
After decades of low-margin work like server maintenance, India`s information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients` needs.
Feb 20, 2015, 14:23 PM IST
Infosys bags multi-million dollar deal from ABN AMRO
Infosys, a strategic partner of ABN AMRO, will deliver services across application development and maintenance, testing and product implementation, the company said in a statement.
Feb 18, 2015, 21:09 PM IST
HCL Info stock surges after contract with Nokia India
Stocks of HCL Infosystems rose by over 3.5 percent as Nokia India, now subsidiary of Microsoft Mobile, signed a fresh 3-year contract with the IT services and product distribution company to sell its mobile devices.
Feb 18, 2015, 19:02 PM IST
AkzoNobel extends IT services contract with Infosys BPO
IT services major Infosys Tuesday said paints and coatings maker AkzoNobel has extended partnership with its subsidiary Infosys BPO.
Feb 17, 2015, 21:21 PM IST
Nokia India renews sales agreement with HCL Infosystems
Nokia India, now subsidiary of Microsoft Mobile, has signed a fresh 3-year contract with IT services and product distribution company HCL Infosystems to sell its mobile devices.
Feb 17, 2015, 14:07 PM IST
Cognizant wins multi-year cloud deal from US-based retailer
IT services major Cognizant has inked a pact with US-based retail chain Family Dollar Stores for providing cloud management platform to improve business responsiveness at latter's over 8,000 stores in the country.
Feb 11, 2015, 22:31 PM IST
Cognizant Q4 net up 12%; expects currency to affect revenues
IT services major Cognizant on Wednesday said its net profit rose 12 percent to USD 362.89 million for the quarter ended December 31, helped by increased traction from consulting, digital and business segments.
Feb 04, 2015, 18:19 PM IST
Mid-sized deals coming through in digital services: HCL Tech
A strong demand for digital services in the US and Europe is helping strengthen the topline of HCL Technologies with mid-sized deals in the range of USD 10-25 million coming through this quarter for the IT services major.
Feb 01, 2015, 20:25 PM IST
TCS wins multi-year IT services deal from Virgin Atlantic
IT services firm Tata Consultancy Services (TCS) Tuesday said it has signed a multi-year contract with Virgin Atlantic Airways covering private cloud, Infrastructure-as-a-Service (IaaS) and IT support services.
Jan 20, 2015, 19:00 PM IST
Indian IT services market up 7.4% to $3.76 bn in H1: IDC
The investments are likely to pick up in 2015 on the back of boost in business confidence, helped by the new government's policies and economic growth agendas, it said in a statement.
Dec 04, 2014, 18:31 PM IST
Cognizant acquires digital solutions firm in Australia
IT services major Cognizant has acquired enterprise mobility, web and cloud solutions firm, Odecee, for an undisclosed amount.
Nov 12, 2014, 16:09 PM IST
IT sector hiring may nearly halve by FY18: Crisil
The ongoing global weakness is forcing clients to trim their spends, which has in-turn forced IT companies to find ways to rationalise costs and ensure profitability.
Nov 10, 2014, 15:27 PM IST
Thomas Cook's arm to acquire 49% stake in MFXchange Holdings
Travel firm Thomas Cook India today said its arm IKYA has entered into a definitive agreement with Fairfax Financial Holdings Ltd to acquire 49 percent stake in MFXchange Holdings, Inc (MFX), a wholly owned subsidiary of Fairfax.
Nov 04, 2014, 16:19 PM IST
HCL Tech appoints Matt Preschern as Chief Marketing Officer
IT services firm HCL Technologies today announced the appointment of Matt Preschern as its Chief Marketing Officer (CMO) and Executive VP.
Sep 24, 2014, 15:05 PM IST
Prasad asks Sikka to make Digital India a success
Telecom and IT Minister on Thursday enlisted the support of Vishal Sikka, head of India's second-largest IT services firm, to help the project succeed.
Sep 18, 2014, 20:13 PM IST
Infosys partners Microsoft, Hitachi & Huawei on cloud,big data
IT services major Infosys today said it has joined hands with Microsoft, Hitachi Data Systems (HDS) and Huawei in a bid to expand offerings in Cloud, Big Data & Analytics, Communication, Infrastructure & Data Centre Transformation segments.
Sep 18, 2014, 16:40 PM IST
Infosys wins 5-yr IT services deal from BP
Country's second largest software exporter Infosys today said it has bagged a five-year contract from Europe's second largest oil and gas company, BP to provide IT services.
Sep 04, 2014, 16:18 PM IST
