Software Services

  • TCS shares up on agreement with Mitsubishi Corp 21-04-2014 01:40 PM

    Shares of Tata Consultancy Services (TCS) surged in morning trade on Monday after the software services firm signed an agreement with Japanese major Mitsubishi Corporation. TCS on Monday said it has signed an agreement with Japanese major Mitsubishi Corporation to form a single IT services unit. The merger, in which...
  • Infosys gives 6-7 per cent wage hike to employees 15-04-2014 02:01 PM

    Bangalore: Country's second largest software services firm Infosys has raised salaries of its employees in the country by 6-7 per cent and by 1-2 per cent for onsite workers, effective April 1. "We have increased salaries. We have given salary hikes of 6-7 per cent for offshore and 1-2 per...
  • Infosys to challenge new tax demand of $ 105.3 million 20-05-2013 10:30 AM

    Bangalore: Infosys Ltd, India's No 2 software services exporter, said on Monday it would challenge a $ 5.77 billion income tax demand raised by Indian authorities earlier this month. The demand relates to certain tax benefits on income from software development done overseas at the clients' location and revenue from...
  • I-T Dept slaps Rs 582 cr tax demand notice on Infosys 19-05-2013 12:28 PM

    New Delhi: Income Tax department has slapped a fresh $ 106 million (about Rs 582 crore) tax demand notice on Infosys, for 2009 fiscal, adding to the tax woes of India's second largest IT firm. The Bangalore-based software services exporter is already contesting additional income tax demands of $ 214...
  • Tata Consultancy profit rises 22 pc to Rs 35.97 billion 17-04-2013 05:32 PM

    Mumbai: Tata Consultancy Services Ltd, India's top software services provider, matched estimates with a 22 per cent rise in quarterly profit and said it expects to grow revenue faster than a key industry-wide forecast for the year starting this month. Net profit for the fiscal fourth quarter ended March 31...
  • Wipro results temper IT sector euphoria 19-01-2013 02:58 PM

    ...
  • Infosys Technologies beats estimates 15-10-2010 04:26 PM

    Bangalore: Infosys Technologies, India's No. 2 software services exporter, raised its annual revenue forecast after topping quarterly profit estimates, but a weaker dollar could crimp growth for the export-driven firm. Infosys, larger rival Tata Consultancy Services and No. 3 player Wipro, have raised salaries and are hiring more staff as...