Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
it services
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Wipro Digital acquires U.S.-based Rational Interaction
Seattle-headquartered Rational Interaction which has more than 300 employees worldwide has no plans to reduce its current staff strength as it integrates with Wipro Digital.
Mood in IT industry positive despite gloom in the economy, says Rekha Menon
The chairman and senior MD, Accenture in India, speaks about the sentiment in the IT industry, new technologies, and disruption.
The going may get tough for TCS
Tepid growth in revenue and a fall in operating profits indicate that conditions are getting difficult for the IT major despite a strong order book.
Wipro Q1 profit falls 3.9% Q-o-Q
The Bengaluru-based IT firm added three customers in the over $100 million bucket during the June quarter.
Infosys Q1 profit falls 6.8% quarter-on-quarter
The Bengaluru-based IT services firm raised its FY20 revenue growth guidance range to 8.5-10% from 7.5-9.5%; posts highest-ever large deal win of $ 2.7 billion during the quarter.
IT majors up hiring by 300% in FY19
TCS and Infosys together hired over 50,000 employees in 2018-19, up from 11,000 in the previous year.
When you are in the public market you can’t be an owner in perpetuity
The IT services industry of today is a highly commoditised business and consolidation is inevitable.
L&T’s returns from Mindtree investment can double in five years
The engineering conglomerate says its bid for Mindtree is far from hostile and it can help the firm grow well in the future
Game on: L&T to mount hostile bid for Mindtree
IT firm’s promoters stand firm in defiance of engineering major.
