Mindtree, L&T Infotech to merge to create $3.5 bn large-scale IT firm
The merger will be a share swap deal at a ratio of 73 shares of L&T Infotech for every 100 shares of Mindtree
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Business environment good, demand for IT services is strong: Wipro
"We continue to close large, transformational deals and see rapid expansion in small and mid-sized deals as well," says CEO & managing director Thierry Delaporte.
TCS shares edge higher ahead of Q4 result; profit, revenue likely to improve
TCS is expected to report 2.3% sequential growth in profit and 3.1 quarter-on-quarter (QoQ) growth in revenue for the March quarter of 2022.
India's value added export in jeopardy since commodity price spike
India's export will get impacted by soaring commodity prices as majority of them are value added products of imported commodities, pushing India to bank more on IT services.
Fortune 500 India: Digital pushes IT topline
As the pandemic pushed the world to go digital, Indian IT service companies saw a spate of orders despite talent crunch.
Wipro to buy U.K.-based Capco for $1.45 billion
The acquisition is expected to boost the Bengaluru-based IT major’s offerings for the banking and financial services industry across its key markets.
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.
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.
