Indian IT industry to hire 200,000 in FY13
Export revenues from the ITeS sector are expected to grow between 11-14% in dollar terms and 13-16% in rupee terms domestically
SL among Top IT/BPO destination in South Asia
The positive socio-political developments and the country’s improving security conditions have been highlighted as key reasons
TCS, Wipro, HCL among Greenpeace ‘Cool IT’ rankings
The list, which is topped by Google, has three Indian firms - Wipro is at the 11th spot, HCL is at 16th and TCS at 19th
TCS closing in Accenture on revenues
In recent quarters, the revenue differential has narrowed down to about $300-400 million from about $800-900 mn three years ago
IBM sets up ‘centre of excellence' in Bangalore
The CoE will offer solutions to automate and accelerate the purchasing, marketing, sales and customer service functions
Oracle brings advanced analytics for Big Data
The platform will offer integrated solutions to address the full spectrum of enterprise big data requirements
Cognizant is catching up with TCS in the US
TCS earned $1.37 billion during the quarter ending December from the country, compared to Cognizant’s $1.32 billion
Cognizant Q4 profit rises 16.4% on higher revenue
The company outperformed rivals with a reported a growth of 16.44 per cent in its net income at $240.1 million for Q4
TCS, Mitsubishi sign $5 mn in joint venture
The new venture will offer a full service suite of IT, BPO and infrastructure services to Japanese corporations
India IT-BPO sector revenue to cross $100b in FY’12
Exports from the sector may grow 11%-14% in the year that starts on April 1 to $76 billion-$78 billion, an increase of about 16% from this fiscal
Microsoft buys stake in 24/7 BPO
The agreement includes 24/7 acquiring Microsoft’s interactive self-service assets and Microsoft taking an undisclosed equity stake in 24/7
Indian IT cos in US paid $15 bn taxes in last 5 years: Mathai
Foreign Secretary hoped that the economic challenges in the US would not lead to protectionism and concerns of the Indian IT industry will be addressed
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