The company also raised its full-year revenue guidance to 2-3 per cent and EBIT margin guidance to 21-21.5 per cent for FY21 in constant currency (CC) terms. It also factored in the revenues from the recent acquisition of Australian IT firm DWS

While Infosys adopted a three-pronged approach to protect its margins at the beginning of the year owing to COVID-19, CFO Nilanjan Roy said that all of it worked well and had helped margin expansion

NASSCOM recommended extending concessional corporate tax rate to all new IT-BPM units incorporated in SEZs that commence operations within a set period and commit to createcertain number of jobs

Coming on the back of a quarter that saw strong deal closures, analysts expect Infosys to revise upwards its constant currency revenue guidance for FY21

Posting a 5.1 per cent dollar revenue growth, its strongest Q3 growth in 9 years, TCS expects to get back to double-digit growth in CY21/FY22 buoyed by a strong total contract value of over $6.8 billion

While the overall vacancy level of less than 10 per cent has helped this segment weather the challenges of 2020, vacancy levels are expected to rise to 14 per cent

GST department's intelligence wing conducted survey at the offices following fraudulent input tax credit by its vendor  

Nasscom report on the India's tech start-up ecosystem points out that both funding and investment are on a recovery path and start-up base is growing at 8-10% year-on-year

Labour trouble at the plant calls for introspection on the right balance between reforms and Licence Raj

Pradeep Nair, Vice President & Managing Director, VMware India

Over the past few months, Tier -1 Indian IT services companies have been consistently winning large deals particularly in the third quarter

In 2015, at the EIRS, Jitu Virwani, Chairman and MD of Embassy Group, gave the go ahead for the first breeding programme in India to produce top-quality sport horses for young aspirants

C Vijayakumar transformed HCL Tech with focus on products and digital services

Raising fresh funds of $145 million from Google and Mithril Capital at a valuation of $1 billion, the company looks to bolster its tech and product offering

The AI technologies are getting more mature and Capgemini's recent survey says companies are using it for prediction and as a main part of the business

According to sources, the company has removed Vincent Lee, vice-president (innovation business group) of Wistron Infocomm Manufacturing India from the post and is undertaking a restructuring of its teams internally, while Sudipto Gupta, managing director stays

While the state government expects report on Wistron incident in the next 2-3 days, third-party staffing contractors said they are cooperating with all investing agencies

Speaking at a virtual meet, Nilekani outlined three major trends - cloud adoption, cyber security and re-skilling - at the forefront of digital way of doing things emerging from the consumer side that are penetrating large companies in a big way

Government's labour department  has dispatched a team to look at non-payment of wages; Apple says it has launched  detailed investigation at Wistron's facility in India

The definitive agreement to acquire Precision Automation and Robotics India (PARI) will give Wipro Infrastructure Engineering increased market access and larger play in industrial IoT