During the quarter ended March 31, it added seven clients, the highest since the third quarter of 2007-08.
Olympus Capital, UTI's PE arm to fund Rs 400 crore.
iGate Patni is all set to compete with the likes of IBM, Accenture, Infosys and Congnizant.
Japanese firm to retain Camlin, Camel brands.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
Though all the regulatory and ministerial approvals are yet to come in, two working groups with specific mandates have been set up.
If the deal is successful, it would be the first such acquisition for the ADA Group.
Fair valuation of minority stake in joint venture at core of dispute; different worth of shares in two Essar entities a thorny issue.
Ruias to challenge Vodafone's put option, continue reverse-listing plan.
Last week, Essar had decided to prepay $900 million of this debt to foreign lenders.
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.
Nine years after parting ways, Prannoy Roy and Rupert Murdoch are again coming together for a unique airtime sale and marketing alliance.
The Bangalore-based company has revamped itself as it aims to simplify its business structure and focus on being a specialist in certain areas.
Three independent people with knowledge of the talks said the group had been selected in the first round and was now likely to make a formal bid.
TCS is stepping into an unchartered territory by targeting the small and medium enterprises.
Vedanta had proposed to buy a 51 per cent stake in Cairn India for $9.6 billion in the middle of last year. The Cabinet Committee on Economic Affairs is expected to take up the issue next week.
The fund, with an initial corpus of $150 million, is set to be the first of its kind, said two independent industry sources familiar with the development.
At present, when Indian corporates declare dividends, a dividend distribution tax is slapped at 15 per cent.
As it firms up its telecom re-entry strategy, Reliance Industries subsidiary Infotel Broadband has told telecom tower companies that it will pay only half the prevailing rental for towers taken on lease.
Four years after buying Novelis, a company three times its size, Hindalco is now banking on the Atlanta (US)-headquartered aluminium rolling and recycling major to fund its Rs 23,000-crore expansion plan in India.