A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
'We are not in the race of how much is the revenue, but how good is the revenue.'
The company's decision comes when there has been a dip in intake due to tepid demand, increasing automation, reports Debashis Mohapatra.
Overall attrition jumped to 20.6 per cent in the quarter, a 400 basis points rise over 16.6 per cent in the earlier quarter.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
The solutions developed by the company cover a broad spectrum, including helping recruiter's gauge the behavioural profiles of candidates during virtual job interviews and assisting in real-time translation in vernacular languages, among others.
The tech giant's 'Recommendation Engine' leverages AI, machine learning and analytics to suggest training programmmes best suited for individual staff
Starting its journey with a gross revenue of $5 million during its stock market debut on June 14, 1993, Infosys has reached dizzying heights, with a revenue of $10.93 billion in 2017-18
'Artificial intelligence works best on unstructured data. And no other country has the amount of unstructured data like India has.'
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
This time an anonymous whistleblower made an appeal to market regulator Sebi to probe an agreement made by the tech giant with some of its ex-directors.
According to the latest annual report for 2017-18, the percentage of the company's employees in the age group of 18-25, came down to 28.16 per cent, from 31.19 per cent in the previous financial year.
Calcutta HC dismisses United Bank of India's decision on technical grounds
In his new role, chief Chinnakannan Sivasankaran's son Saravana is likely to manage 60% of the group's revenues
Diageo-led United Spirits pulls out one more lifeline from UB Holdings.
While it will most certainly impact his personal credit record, it will also have repercussions for his other businesses and companies he is associated with.
According to various senior UB Group officials, the strategy of 14 power brands' focus is expected to be rolled out soon.
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