Professional services firm Ernst & Young has bagged the contract from the Unique Identification Authority of India (UIDAI) to become a consulting partner for the project.
New SMS-based service to be offered in association with India Post.
Wipro, the information technology to soaps conglomerate, says it is unlikely, at least for now, to file a formal complaint against the employee who recently siphoned off around $4 million (around Rs 18 crore) from the company's bank account by accessing a colleague's password.
Teaser loans may be on their way out with Canara Bank and Union Bank of India opting to withdraw the scheme in anticipation of a high interest rates.
This will also apply to those working temporarily on onsite projects.
The contract, according to the sources, include two different components - one for mainframe and IT infrastructure support and management.
Swaminathan D ('Swami' Swaminathan), the current COO and senior vice president of Infosys BPO, is now the CEO and MD.
Over 100 people, including 20 senior consultants and at least six VPs, have quit Infosys in 6 months.
The ripples of inflexible labour laws and active labour unions -- which affected information technology outsourcing by European countries, especially France and Germany -- are now being felt in the Nordic region, too. Recently, protests by the staff union forced Handelsbanken, a leading Swedish bank, to award the IT outsourcing contract to a local company after cancelling plans to award the contract to an Indian Tier-I vendor.
Walmart has selected three IT vendors in India -- Infosys Technologies, Cognizant Technology Solutions and UST Global -- for multi-year contracts worth over $600 million (around Rs 2,750 crore).
Narayana Murthy, chairman and chief mentor of India's second-largest information technology services provider Infosys Technologies, has asserted that he has set up the Catamaran Venture Fund to occupy himself once he retires from Infosys in 2011.
Infosys, for long, had been trying to strengthen its consulting practice as clients are now asking for more advisory-related work. Consulting and enterprise solution business together constitutes about 25 per cent Infosys' business today.
SMS messages can be easily wiretapped from outside the network operator's environment using equipment available in the black market.
Infosys Technologies has decided that its staffers must have at least six years of having worked on technology responsibilities before being asked to head a project.
The heritage brand's journey from Bond Street to Sarjapur Road will give a facelift to Wipro's fast moving consumer goods portfolio.
Electric car manufacturer Reva is planning manufacturing facilities abroad under a franchise model to penetrate those markets.
The chances that US President Obama will achieve a near-universal healthcare system have dramatically improved after a lone Republican, Senator Olympia Snowe of Maine, prepared to vote with Democrats for a compromise proposal. This gives Obama a much better chance of achieving the 60 votes he needs to pass a Bill in the Senate.
Bangalore has emerged as a clear preference for sectors like office and retail, while coming a close third in the residential and hospitality according to Cushman & Wakefield, a retail estate research firm.
Following a "raw" deal by the Union Ministry of Human Resource Development (MHRD), which issued a notification on September 16 that deprived them of an immediate pay rise and ignored other demands for enhanced allowances, faculty of the Indian Institutes of Technology (IITs) have decided to express its dissatisfication with the Centre in a novel way.
Mobile applications will now take centre-stage as Bharti Airtel grows its business.
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