Ashutosh Vaidya, head, Wipro BPO Solutions, and Deepak Jain, head, Technology Infrastructure Services, have put in their papers, said the sources. The reasons for the resignations could not be confirmed.
The rules will come into effect from May 1, 2012.
At present, at least, five over $500-million deals are being discussed for potential acquisition.
Credited as the the man behind India's burgeoning BPO industry, Bhasin founded Genpact in 1997.
The moratorium imposed on Bt brinjal last year is likely to continue, despite the expert committee, set up by the environment ministry, favouring "limited release" of the crop.
During the quarter ended March 31, it added seven clients, the highest since the third quarter of 2007-08.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
A ministry official said just like an internal financial audit, a green audit would protect stakeholders.
Growth in Continental Europe will continue. It is expected to grow at around 7 per cent.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
Jindal SAW, an O P Jindal Group company, is yet to receive a copy of the notice.
The report said recent concerns about manpower like attrition, quality of talent and rising wages, have compelled IT companies to take a relook at their so far successful offshore business model more than ever before.
The ISPs had already made a presentation to telecom minister Kapil Sibal to request his help in such a process if the government did not want to continue with the current ISP regime.
The Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.
It's not only about technology, but the reach of Google that attracts the players. Google's online display ads have even evoked the interest of automobile companies, other than telcos and FMCG firms.
TCS is stepping into an unchartered territory by targeting the small and medium enterprises.
The DoT and CAG developments come in the wake of reports of revenue loss and misuse of WiMax licences.
This implies that the 30-odd institutions in Maharashtra will be free to select candidates through any of five national level entrance tests.
One of the advisors to Devas said the company should seek a legal option.
According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.
