Net income rose to $397.2 million, or 65 cents per share, in the third quarter ended September 30, from $355.6 million, or 58 cents per share, a year earlier.

According to Cognizant CEO Lakshmi Narayanan, the company would develop global delivery centres in Chennai and Coimbatore.

The CEO, Healthcare and Life Sciences,Wipro, in 2014 declared that HLS would become a $1-billion division in a couple of years. She asserts she is on track to achieve that goal.

The company also raised its full year revenue guidance for 2015 to $12.33 billion, up at least 20.1 per cent compared to 2014.

Rivals such as Cognizant Technology Solutions Corp and Infosys have also sharpened focus on the healthcare sector on hopes the implementation of the US. Affordable Care Act would boost outsourcing opportunities.

Shares of Persistent Systems nosedived over 12 per cent to Rs 628.90 on reports that its revenue growth in dollar terms will be marginally lower in the first quarter of the ongoing financial year (April-June).

HCL TalentCare is an integrated end-to-end talent solutions company incorporated under HCL Corporation,

In the past 13 trading sessions, S&P BSE IT index tanked 1,086 points, or 9.30 per cent, to 10,585.87 on May 4.

The company's net profit rose to $382.9 million, or 62 cents per share, for the first quarter ended March 31 from $348.9 million, or 57 cents per share, a year earlier.

\"Abid (Ali Neemuchwala) brings invaluable experience with his track record of building and scaling businesses,\" Wipro CEO and Board member TK Kurien said.

The IT services company's net income rose to US $362.9 million, or 59 cents per share, in the fourth quarter ended December 31, 2014.

In a rare interview, Christensen tells Business Today the relevance of his theory of disruptive innovation and explains with real-life examples how it could play out in today's context.

The Nasdaq-listed company has reported revenues of $2.58 billion for its third quarter, up 2.5 per cent over the April-June quarter.

Through this transition, Vorwerk Group will be able to standardise and centralise its IT environment to a higher degree, while driving down costs, Cognizant said in a statement.

The privately held TriZetto, based in Englewood, is a leading provider of healthcare IT software and solutions.

The new Infosys CEO Vishal Sikka, who took charge of the IT service provider today, outlines his agenda for the company, says he has no Plan B for it.

Analysts feel the departure of Infosys President BG Srinivas, the 10th senior executive to exit in the last year, increases the chance the IT company will break with tradition and hire an outsider for the job.

Cognizant's revenues were driven by industries such as financial services, manufacturing, and retail. While growth in North America was muted, it was offset by 9.6 per cent sequential growth in Europe - the United Kingdom hit the billion dollar revenue run rate for the first time.

Around 100 companies from 25 countries have so far announced investments totalling Rs 12,500 crore in Sri City, a 7,000-acre stretch close to the Andhra Pradesh-Tamil Nadu border. The man behind the creation of Sri City, one who attends many of the inauguration ceremonies of investing companies but rarely steps into the limelight, is Chintalapati Srinivasa Raju or Srini Raju.

This new level of enthusiasm and optimism in resource mobilisation for leading institutes at a time when the prevailing corporate mantra has been resource cutbacks' given the condition of the economy ' may seem paradoxical. But it is a sign of a maturing alumni keen to play a role in shaping the future of their alma maters.