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Mail Today Bureau
April 26, 2017
The country's third-largest software services firm, much like its peers Tata Consultancy Services and Infosys, has been ramping up local hiring and setting up delivery centres in the US to ensure business continuity for clients.
Venkatesha Babu
New Delhi, April 25, 2017
IBM has bet big on its Artificial Intelligence platform Watson. Though work on Watson has happened since 2008, IBM made it commercially available from 2013.
PTI
April 25, 2017
The country's third-largest software services firm had registered a profit of Rs 2,257.3 crore in the year-ago period, as per Indian accounting norms.
BT Online
April 25, 2017
At 1255 hours, the Reliance Industries stock was trading 1.74 percent or 24.60 points higher at 1441 level. During early trade, the stock hit a 52-week high level of Rs 1,465 on the BSE.
Mail Today Bureau
New Delhi, April 25, 2017
The US has accused top Indian IT biggies TCS and Infosys of unfairly cornering a lion's share of the H-1B work visas by flooding the lottery system.
PTI
New Delhi, April 24, 2017
Tata Consultancy Services (TCS) recruited over 11,500 people outside India during 2016-17, including graduates from engineering and B-schools in the US
BT Online
New Delhi, April 24, 2017
Trump administration's curbs on H1-B Visa has caused concern among Indian techies, who use the visa for jobs in the US, making the Indian government step in and raise the issue with the US counterparts.
Mail Today Bureau
New Delhi, April 24, 2017
At a White House briefing last week, an official in the Trump administration said a small number of giant outsourcing firms flood the system with applications which naturally ups their chances of success in the lottery draw.
PTI
Washington, April 23, 2017
The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lions share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more merit-based immigration policy.
Reuters
April 22, 2017
Experts say Trump's order to review visa processes is aimed at firms like TCS, Infosys and Wipro, which from 2005-14 snagged around 86,000 H-1B visas, roughly equivalent to the number of H-1B visas the United States issues in total each year.
Niti Kiran
April 21, 2017
IT companies are also bracing up for curbs on worker visa norms by various countries like the US and Australia.
PTI
New Delhi, April 21, 2017
Mukesh Ambani-led Reliance Industries today regained its status as India's most valued firm by market capitalisation, overtaking Tata Group's crown jewel TCS.
PTI
New Delhi, April 20, 2017
IT major Infosys plans to focus more on local hiring in the US and is also looking at setting up development and training centres in the country as part of its efforts to tide over visa-related issues.
BT Online
New Delhi, April 20, 2017
Rajiv Bansal, who left Infosys in 2015, was promised to pay Rs 17.38 crore in severance, equalling 24 months of pay.
BT Online
New Delhi, April 20, 2017

BSE Sensex rises 85.82 points to end at 29,422.39; Nifty settles the day 32.90 points higher to 9,136.40.

PTI
April 19, 2017
Finance Minister Arun Jaitley has indicated that he would take up the visa issue with the US authorities during his visit to America.
BT Online
April 19, 2017
The company had posted a net profit of Rs 6,778 crore for the sequential quarter ended December 31, 2016. Net profit of the company jumped 4.23 per cent on a year-on-year basis. At 9:28 am, the stock was trading 0.22 percent or 5 points lower at Rs 2303.55 on the BSE.
BT Online
New Delhi, April 19, 2017

BSE Sensex settled the day at 29,336.57, up 17.47 points (0.06%) while the Nifty50 ended at 9,103.50. down 1.65 points. (0.02%). Power Grid was the top gainer on the BSE.




PTI
April 18, 2017
The company had reported net profit of Rs 6,340 crore in the same period last fiscal as per Indian accounting norms.
BT Online
New Delhi, April 18, 2017
The board of directors passed the buyback programme through a special resolution saw 99.81 per cent of the total number of valid votes being cast in favour of the proposal, the company said in a regulatory filing.
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