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PTI
July 29, 2018
Infosys said it will invest approximately Rs 750 crore in the first phase of its upcoming facility in Noida. It announced the expansion of its presence in the city with the commencement of work on its new software development centre.


BusinessToday.In
July 28, 2018
During the first quarter of this fiscal, HCL Technologies saw its net income grow 5.7 per cent to USD 356 million, while revenue increased 9 per cent to USD 2.05 billion compared to the same period last year.


BusinessToday.In
New Delhi, July 27, 2018
According to NASSCOM, the industry is expected to add one lakh new jobs in 2018-19. In comparison, last June the body had predicted 1.3-1.5 lakh new jobs in the IT-BPM industry for FY18, although it had lowered estimates to one lakh new jobs.


BusinessToday.In
July 27, 2018
Q1 earnings of the firm took the stock to fresh 52-week high level of 307 level in trade today. ITC on Thursday reported a 10% rise in standalone net profit at Rs 2,818.68 crore for the first quarter ended June 30, 2018, aided by lower expenses, good growth in agri-business and other FMCG business despite decline in cigarettes sales.


Devika Singh
New Delhi, July 26, 2018
A survey reveals a striking 93 per cent of Indian respondents plan on increasing IT security spending this year, the highest among countries surveyed and well above the global average, which is 78 per cent.


BusinessToday.In
New Delhi, July 26, 2018
Extending its record run for the fourth-day, the 30-share Sensex touched a new peak of 37026.18 today on widespread buying in capital goods, FMCG, realty and banking stocks.


BusinessToday.In
July 24, 2018
With the couple recently selling Syntel to French technology services major Atos SE for $3.4 billion, their fortunes are going to see a sharp turnaround.


E Kumar Sharma
New Delhi, July 23, 2018
The first quarter of this fiscal ended on a cheery note for the domestic IT industry's Banking, Financial Services, and Insurance (BFSI) vertical.


BusinessToday.In
New Delhi, July 23, 2018
RBI's big worry! About 74% public sector bank ATMs vulnerable to fraudsAbout 74 per cent automated teller machines (ATMs) of public sector banks are running on outdated software - which makes these machines highly vulnerable to frauds. The revelation came in response to a question in the Parliament on whether the softwares used for the ATMs are supported. Currently, India has over 2 lakh ATMs and approximately 70 percent of them still run on Windows XP - which Microsoft itself sto...


PTI
New Delhi, July 22, 2018
The Bengaluru-based IT company has already been ramping local hiring in key markets like the US to tackle increasing scrutiny around work visas by various governments around the world.


E Kumar Sharma
New Delhi, July 21, 2018
Wipro beats expectations largely riding on its two key sectors of BFSI, which constitutes to about 30% of revenue and consumer business unit, thereby makingfor about 16% revenue, says Sudheer Guntupalli, analyst, Ambit Capital.


BusinessToday.in
New Delhi, July 20, 2018
Ruchit Jain, Technical Analyst, Angel Broking, takes viewers through all the market action today. The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, led by a spurt in IT and pharma counters. Investors looked beyond the no-confidence motion against the government in the Lok Sabha and accumulated fresh positions, brokers said.


BusinessToday.In
July 20, 2018
The Sensex rebounded over 145 points while the broader NSE Nifty settled above the 11,000-mark today, led by a spurt in IT and pharma counters.Investors looked beyond the no-confidence motion against the government in the Lok Sabha and accumulated fresh positions, brokers said.A recovery in the rupee from its record low also supported the bounce back, they added.While the Sensex rose 145 points or 0.40 per cent at 36,496, Nifty gained 53 points to close at 11,010 level.Top Sensex gainers were...


BusinessToday.In
New Delhi, July 20, 2018
To begin with, Parekh's employment contract, which Infosys submitted as an exhibit along with its Form 20F filing with the US Securities and Exchange Commission yesterday, contains a strict non-competition clause.


PTI
July 20, 2018
Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment. The 30-share index, which had lost 168.73 points in the previous two sessions, was trading higher by 158.11 points, or 0.43 per cent, at 36,509.34.


BusinessToday.In
July 18, 2018
Traders said positive cues from other Asian markets, tracking overnight gains in the US market following upbeat remarks from Federal Reserve Chairman Jerome Powell during his congressional testimony boosted investor sentiment.


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


E Kumar Sharma
New Delhi, July 17, 2018
For the moment, analysts and management experts point to some lessons that many of the IT sector players, could pick up from the results of these two important Indian IT companies.


BusinessToday.In
July 17, 2018
The younger IITs are not only catching up with the older ones in terms of attracting marquee names but also in terms of the salaries being offered.


BusinessToday.In
July 16, 2018
The stock of India's second-biggest software services exporter rose 5.75% to hit its life time high of 1384.40 compared to its previous close of 1309.10 on the BSE.


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