Clik here to view.
Cognizant’s revenue guidance hints at caution among IT companies
The marginal downward revision by Cognizant in its revenue guidance for 2012 is likely to stoke fresh worries in the minds of investors about the near-term prospects of IT outsourcing. The...
View ArticleClik here to view.
Infosys’ legal problems prompt analysts’ concerns
The company that is a target in a federal probe on its use of visas, Infosys, says it is assuring customers that the government investigation — despite its unknown outcome — will not impact its...
View ArticleClik here to view.
Infosys gets Pegasystems Partner Excellence Award
Infosys, a global leader in consulting, outsourcing and technology, has been awarded the Pegasystems ‘Excellence in Solution Development’ award for a best-in-class insurance customer service delivery...
View ArticleClik here to view.
Infosys cuts energy use in US
Infosys, the Indian outsourcing giant, has cut its per employee electricity use by about a third and introduced energy efficiency measures that have saved the company $32m (£29m) since 2009. Through...
View ArticleClik here to view.
Mamata Banerjee govt offers IT park status to Infosys
In its bid to woo Infosys Technologies to the state, the Mamata Banerjee government has offered the IT bellwether the status of a software technology park (STP) instead of the SEZ status demanded by...
View ArticleClik here to view.
Infosys delays start-dates for new hires as slowdown bites
Infosys is delaying taking on board some of its planned 28,000 new recruits until mid-2103, underlining the slowdown faced by India’s No 2 software services company, a business daily reported on...
View ArticleClik here to view.
Infosys delays start-dates for new hires as slowdown bites
Infosys Ltd is delaying taking on board some of its planned 28,000 new recruits until mid-2013, underlining the slowdown faced by India’s No 2 software services company, the Economic Times reported on...
View ArticleClik here to view.
Infosys BPO seeks acquisitions
Infosys BPO is looking for acquisitions ranging from $100 million to $200 million to build its non-linear momentum, Deal Curry writes. The company is looking to go through inorganic routes to expand...
View ArticleClik here to view.
Harley Davidson Inc 5 year agreement with Infosys for partial IT outsourcing
Infosys Limited is India’s leading IT company and provider of business consulting, technology, engineering and outsourcing services headquartered in Bangalore, India. The company with operations in 30...
View ArticleClik here to view.
TCS, Infosys, Wipro, HCL BPOs shine amid IT slowdown
The IT sector is slowing down, but the business process outsourcing (BPO) segment – which has always played second fiddle to IT – has emerged as a silver lining in the cloud. In the quarter ended June,...
View ArticleClik here to view.
IT companies like TCS, Infosys & others need retooling to return to stellar...
The top IT services companies have been around for a few decades but, for all practical purposes, they came into being around Y2K, when the world took notice of the Indian technological prowess. Since...
View ArticleClik here to view.
HCL in search of its next big idea
In 2005, when the Indian IT sector was focused on application development and maintenance, HCL Technologies decided to combine its traditional strength in infrastructure services with application...
View ArticleClik here to view.
Infosys to hire 8,000 people for BPO unit
Infosys BPO has said it will hire about 8,000 people in the remaining part of this financial year and about 20 per cent of them will be in middle and senior level professionals. “In FY 2013, we are...
View ArticleClik here to view.
India’s Infosys pays $350m for Swiss consultancy
Indian IT outsourcing giant Infosys said Monday it had agreed to buy Zurich-based consulting firm Lodestone for 330 million Swiss francs ($350 million). The takeover will boost Infosys’ presence in...
View ArticleClik here to view.
Infosys Slumps on Outlook for Sales, Profit Margins
Infosys Ltd. (INFO) fell the most in three months in Mumbai trading as India’s second-largest software services exporter cut its sales-growth forecast and said higher wages and currency fluctuations...
View ArticleClik here to view.
Infosys, Wipro willing to pay upfront for big deals
India’s top tech firms Infosys Ltd and Wipro Ltd are now offering upfront cash payments while bidding for large outsourcing contracts that promise assured revenues, a departure from their traditional...
View ArticleClik here to view.
Infosys BPO trains 100,000 students on skill enhancement
Infosys BPO Ltd., the business process outsourcing subsidiary of Infosys, on Thursday announced that Project Genesis, its flagship Corporate Social Responsibility (CSR) initiative, has trained more...
View ArticleClik here to view.
Infosys unlikely to meet annual growth guidance
Increasing reliance on discretionary projects, recent wage hikes coupled with falling margins may result in Infosys not meeting its annual growth forecast. Analysts believe since the last few quarters,...
View ArticleClik here to view.
Why Outsourced Jobs Are Returning Stateside
Earlier this year, General Motors CIO Randy Mott announced a three-year initiative to bring offshored IT services jobs back to the United States. “Today, about 90% of GM’s IT services, from running...
View ArticleClik here to view.
Former IT stars try to restore past glimmer
They have long been Indian IT’s glimmer twins, but if there was anything 2012 proved, it was that Infosys Ltd and Wipro Ltd had somehow lost their groove and so, for S.D. Shibulal and T.K. Kurien ,...
View Article
