IT Services

  • TCS second-quarter profit rises 34 per cent 15-10-2013 04:51 PM

    Bangalore: Tata Consultancy Services, India's largest provider of information technology services, said quarterly profit rose 34 per cent, beating analyst estimates, as the industry benefited from a record haul of new contracts. TCS and rivals such as Infosys Ltd and International Business Machines Corp won $6 billion of contracts, according...
  • Wipro shares fall after muted sales forecast 24-07-2012 09:46 AM

    Mumbai: Wipro Ltd shares fell 1 per cent on Tuesday after India's number 3 software services exporter forecast subdued IT services sales for the current quarter. Wipro said earlier consolidated net profit rose to Rs 15.80 billion for the fiscal first quarter ended June 30 from Rs 13.35 billion a...
  • Wipro Q1 consolidated net profit up 6.7 pc 24-07-2012 08:54 AM

    Mumbai: Software services exporter Wipro's IT services revenues grew higher than expected by 9.54 per cent quarter-on-quarter to Rs 8,314 crore for the quarter ended June 2012. IT services EBIT too increased better than expected by 10.87 per cent QoQ to Rs 1,744 crore in the first quarter of FY13....
  • Infosys sees fiscal 2013 sales growing 5 pc 12-07-2012 09:47 AM

    Infosys Ltd, India's no. 2 IT services exporter, said it expects sales in the fiscal year ending March 2013 to grow by 5 per cent to $7.34 billion, below its estimate in April of 8-10 per cent growth. The company earlier matched expectations with a 33 per cent rise in...
  • Tech Mahindra, Mahindra Satyam merge 21-03-2012 12:14 PM

    New Delhi: The swap ratio for the merger of Mahindra Satyam with Tech Mahindra has been fixed at 8.5 shares of Satyam for every one share of Tech Mahindra, by the boards of the two companies. The ratio is on expected lines, though some players felt Tech Mahindra shareholders should...
  • TCS, Mitsubishi to invest $5 mn in IT JV 08-02-2012 05:08 PM

    Mumbai: India's biggest software services exporter, Tata Consultancy Services (TCS) and Japanese major Mitsubishi Corporation on Wednesday announced a new joint venture, Nippon TCS Solution Center Ltd for the Japanese market. "The JV will be set up with an initial investment of USD 5 million, which will be raised in...
  • Infy, Gen-i to offer IT services in Australasia 08-06-2011 03:40 PM

    New Delhi: The country's second largest software exporter Infosys on Wednesday announced a partnership with New Zealand-based Gen-i to offer IT services like IT consulting, business transformation and cloud-based offerings to Australasian companies. The partnership creates a new market proposition for local businesses by helping them to transform for competitive...
  • BPO, IT have more potential: Study 01-02-2007 11:36 PM

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  • House party: UPA gets it from Left 14-12-2006 01:32 PM

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  • IT gets a taste of trade unionism 14-12-2006 09:07 AM

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