Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
In an email interview with Business Standard, Mindtree's co-founder and chairman says the company was designed to outlive the founding team and no such departure is a loss.
Analysts say no pressure on new CEO for immediate results.
It has replacements ready even for senior managers, in case someone quits.
Sources said the promotions, most of those on the delivery side of the business, would be handed out before October.
Rajeev Mehta, chief executive for IT services, believes this is due to a few client-specific issues, saying the overall business environment continues to look good.
Even as Microsoft has seen exponential growth for its cloud platform Azure in India, the firm has not yet set up local servers.
Infosys Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company's shareholders to offer him a warm welcome at an Extraordinary General Meeting (EGM) that was called to seek approval for his appointment, among other things.
Owners of Pune-based Serum Institute of India, the Poonawalla's have thrown the hat to acquire the iconic Grosvenor Hotel in UK from Sahara Group.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
We won't see a bigger decline in mining going forward, but it might remain flat in July-August 2014.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
To hire 300 graduates in those regions in FY15; moves staff with strong tech skills into sales.
The third quarter generally has more holidays.
The number of applications filed for H-1B visa this year was around 40 per cent higher than a year ago.
Fanfare of FIFA World Cup 2014 travels continents as Indian techies root for the tournament
Experts believe it is extremely important for Sikka to connect with employees to gain acceptance at Infosys, which has had home-grown leaders so far.
Launches cloud-based version of solution to target mid-size clients in life sciences.
VMUnify, incubated from staffers' idea, to be spun off into an independent company.
Calling Infosys' performance in 2013-14 "stellar", "laudable" and "creditable", the co-founder said the task ahead was "simple to state": Achieve sector-leading growth.
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