India's biggest IT outsourcing firm, Tata Consultancy Services, on Tuesday reported a 34 percent jump in quarterly net profit, beating market forecasts, led by outsourcing deals and new contracts.
Shares of Infosys jumped Monday as investors cheered the return of founder N.R. Narayana Murthy to boost the Indian outsourcing giant's sagging fortunes, but analysts questioned his chances of success.
India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.
Shares in India's third-biggest software firm Wipro tumbled more than 11 percent on Tuesday, its first day of trading as a standalone IT company since it hived off other businesses into a separate unit.
Indian software tycoon Azim Premji said Saturday he has given $2.3 billion to an education charity that he controls, reportedly the biggest charitable donation in the country's recent history.
Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.
Indian software outsourcing giant Infosys said Friday it was weeding out under-performing staff and would be asking some to leave, but denied a media report saying 5,000 workers were to be sacked.
(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.
India's biggest outsourcing firm, TCS, on Thursday posted a 38 percent rise in quarterly profit, beating analysts' estimates, while earnings of rival Infosys disappointed investors.
Fujitsu today announced that it has developed the SA46T/SA46T-AS Datacenter Solutions, a technology enabling datacenters to migrate smoothly from IPv4 to IPv6. This technology is based on SA46T, which makes it possible to ...