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.
At present, at least, five over $500-million deals are being discussed for potential acquisition.
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.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
LG is targeting a turnover of Rs. 3,000 crore in 2011 and sell 450,000 smartphone units in India this year.
The search giant is keen to pocket a hefty slice of India's online advertising market, an Rs 1,300-crore (Rs 13-billion) market in 2011 that is set to touch Rs 3,400 crore (Rs 34 billion) by 2015 according to KPMG estimates.
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 Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.
Bigger telecom companies are likely to get a bigger share of the 3G subscribers as they own high average revenue per user customers, who are more likely to sample premium services like 3G.
TCS is stepping into an unchartered territory by targeting the small and medium enterprises.
Gartner expects manufacturers like Samsung to launch a whole range of budget devices that will drive Android into mass market segments.
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.
Dayanand Allapur, head of human resources, Tesco HSC, said: "We will add another 2,000 employees in both IT (information technology) and non-IT processes."
Features like long battery life, ease of use and the rapid development of applications are attracting companies to tablet PCs
Hewlett-Packard (HP) chief executive Leo Apotheker on Monday told employees at its Bangalore office to watch out for "new products from the US on February 9". Apotheker, to also visit Mumbai and Delhi, is the first from HP's senior management to visit the country in 10 years.
With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
To get the best talent, they put stiff riders for recruitment.
World's largest chip manufacturer Intel is redrawing its strategy to tap the mobile segment. This has been an area where the company has very limited presence, competing with the likes of Texas Instruments, Qualcomm and ARM.
Sources said Vishal Gondal, founder of Indiagames, along with existing investors Cisco and Adobe, are in talks with both private equity consortia and strategic investors to buy back the stake they'd once sold to the parent firm.
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