The end of Indian IT staffing as we know it
BANGALORE/MUMBAI, March 25 (Reuters) – India’s IT outsourcers are promoting “mini CEOs” capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they...
View ArticleAnalysis: The end of Indian IT staffing as we know it
BANGALORE/MUMBAI (Reuters) – India’s IT outsourcers are promoting “mini CEOs” capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally...
View ArticleFocus on sales, not margins, drives Infosys turnaround
BANGALORE, April 12 (Reuters) – Indian software services firm Infosys Ltd’s stepped-up sales push, including a willingness to sacrifice margins, is helping it win business and halt its loss of market...
View ArticleInfosys forecasts tepid revenue growth, shares dive
BANGALORE, April 12 (Reuters) – Infosys Ltd, India’s No. 2 IT services exporter, forecast lower revenue growth than analysts had expected for this fiscal year, citing a challenging global economy,...
View ArticleInfosys revenue forecast disappoints, shares dive
BANGALORE, April 12 (Reuters) – Infosys Ltd forecast full-year sales growth that missed analyst expectations by a margin of up to 50 percent, dimming investor hopes that India’s No.2 software services...
View ArticleHCL Tech Q3 profit jumps 73 pct, beats estimates
BANGALORE, April 17 (Reuters) – HCL Technologies Ltd , India’s fourth-biggest software services provider, beat analysts’ estimates with a 73 percent rise in quarterly profit after winning orders and...
View ArticleHCL Technologies profit up 73 percent, beats estimates
BANGALORE (Reuters) – HCL Technologies Ltd(HCLT.NS: Quote, Profile, Research), India’s fourth-biggest software services provider, beat analysts’ estimates with a 73 percent rise in quarterly profit...
View ArticleHCL Tech third-quarter profit jumps 73 percent, beats estimates
BANGALORE (Reuters) – HCL Technologies Ltd, India’s fourth-biggest software services provider, beat analysts’ estimates with a 73 percent rise in quarterly profit after winning orders and reducing...
View ArticleIndia’s Wipro forecasts weaker-than-expected revenue
BANGALORE, April 19 (Reuters) – Wipro Ltd, India’s third-largest software services provider, forecast on Friday weaker-than-expected revenue for the June quarter, including a possible decline in...
View ArticleWipro forecasts weaker-than-expected revenue
BANGALORE (Reuters) – Wipro Ltd (WIPR.NS: Quote, Profile, Research), India’s third-largest software services provider, forecast on Friday weaker-than-expected revenue for the June quarter, including a...
View ArticleInfosys openness backfires as missed guidance frustrates market
BANGALORE/MUMBAI, April 25 (Reuters) – The openness that made Indian IT services outsourcer Infosys Ltd an investor darling has come back to haunt it. For years, Infosys was an industry bellwether for...
View ArticleInfosys’ missed guidance frustrates market
BANGALORE/MUMBAI (Reuters) – The openness that made IT services outsourcer Infosys Ltd(INFY.NS: Quote, Profile, Research) an investor darling has come back to haunt it. For years, Infosys was an...
View ArticleAfter ATM heist, India’s IT sector again in unwelcome spotlight
MUMBAI/BANGALORE (Reuters) – A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of...
View ArticleATM heist: India’s IT sector in unwelcome spotlight
MUMBAI/BANGALORE (Reuters) – A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of...
View ArticleIT firm iGate sacks CEO over undisclosed relationship
MUMBAI/BANGALORE (Reuters) – IT outsourcing company iGate Corp said it had sacked its chief executive, Phaneesh Murthy, for not disclosing a relationship with a subordinate after investigating one of...
View ArticleiGate sacks Murthy over undisclosed relationship
MUMBAI/BANGALORE (Reuters) – IT outsourcing company iGate Corp(IGTE.O: Quote, Profile, Research) said it had sacked its chief executive, Phaneesh Murthy, for not disclosing a relationship with a...
View ArticleUnder pressure Infosys recalls Narayana Murthy as chairman
MUMBAI/BANGALORE (Reuters) – India’s No. 2 IT services firm Infosys Ltd, grappling with disappointing results and loss of market share, has recalled founder and former chairman N.R. Narayana Murthy to...
View ArticleTo revive Infosys, Murthy must revamp sales, culture
BANGALORE, June 4 (Reuters) – Narayana Murthy’s success in turning around Indian IT services firm Infosys hinges on his ability to revive its sales efforts and shake up the conservative culture he...
View ArticleRenewed U.S. demand to lift Infosys, India IT sector outlook
BANGALORE, July 10 (Reuters) – The strongest growth outlook for U.S. demand for information and communication technology since the 2008 financial crisis is likely to help Narayana Murthy revive Infosys...
View ArticleRenewed U.S. demand to lift Infosys, IT sector outlook
BANGALORE (Reuters) – The strongest growth outlook for U.S. demand for information and communication technology since the 2008 financial crisis is likely to help Narayana Murthy revive Infosys Ltd...
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