IT firm's performance shows trouble in products segment, a majority of whose share comes from Finacle
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
The board, on the urging of six independent members, had earlier turned down a government directive to commit at least 80 per cent supply to power companies.
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
CMD designate says company will do everything to meet the presidential directive.
Size of targeted firms for M&As increases from $10-20 mn to $80-100 mn.
The requirement of one million units would entail a huge market for firms such as HCL Infosystems, Geodesic, VeriFone, Visiontek and others manufacturing micro-ATMs.
Petrochemicals major in talks with rubber producer from Europe, two Western technology providers.
The company said these numbers represented the offers made to only engineering students at Indian campuses and the final hiring target for 2012-13 would be announced by the end of March.
Clients picky on various heads; vendors need to maintain share.
The FDI floodgates have opened mega opportunities for not only brick-and-mortar retailers, but for their virtual peers as well.
