Firstsource raised $275 million (around Rs 1,265 crore) through foreign currency convertible bonds in 2007 to fund the acquisition of MedAssist.
Lavasa, Wipro, Cisco combine to launch something new in urban living.
The US celebrates its independence day on July 4. But since it was Sunday, the American government had declared Monday as a holiday.
Shares of Indian software majors have plunged into red on news that BP would cut its spend on information technology.
Research firm Gartner today reported that worldwide IT spending will touch $3.350 trillion--an increase of 3.9 per cent from 2009. However, it simultaneously lowered its outlook for the IT industry from the first quarter of this calendar year, when it had forecast worldwide IT spending to grow 5.3 per cent. This is primarily due to the devaluation of the euro versus US dollar since the beginning of the year.
Whitehurst talks about India expansion plans, its latest offering in cloud computing and India's most ambitious project Aadhaar.
Mahindra & Mahindra, the diversified business group with significant interest in automotive and information technology, is looking at setting up an aircraft financing arm in Australia
With the economy giving positive signals, hiring is back. However, so is attrition, with disgruntled employees demanding more or moving to greener pastures to make up for lost time and money.
Low delinquency rates, huge demand attract investors to the unique gold financing sector.
The Bengaluru-headquartered company, which derives close to 26 per cent of its revenues from Europe, mostly from the UK, believes this approach will help it increase its footprint in non-English speaking European countries.
Domestic information technology services majors Tata Consultancy Services, Wipro Technologies and Tech Mahindra and global players like IBM and Japan-based NEC are among the 10 shortlisted companies for the Nandan Nilekani-headed Unique Identification Authority of India biometrics job.
Come August 2011, N R Narayana Murthy -- the chairman and chief mentor of India's second-largest IT services firm Infosys Technologies -- will sport the designation of chairman emeritus. It is a position which Infoscions and the senior management team have decided to confer on the person who co-founded the company with six others almost 29 years ago.
Sites like Facebook and Orkut may be great for connecting with others, but they also provide a sure-fire way for broadcasting intimate details about you.
Peter Gartenberg, SAP India Managing Director tells about the changes taking place at SAP globally
UIDAI has split the overall project into small ones and handed them over to multiple vendors to speed up work.
Denying rumour that it might be using its office premises to compromise crucial Indian data by planting spyware, Chinese telecom equipment maker Huawei has maintained it was ready to cooperate with the government to have its facility inspected.
People tend to think that online means access to information on the fly. But that does not mean that any individual can access the data, says Sunil Chandiramani.
Infosys, India's second largest information technology services company, which had seen some top-level attrition last year, has both embarked on a leadership development programme and trying to ensure those targetted are contented with their compensation.
The Indian scientific and research community is keenly watching the battle between arch-rivals and global chipmakers, Intel and AMD, as they launch their high-end server processors which are the lifeblood of high-performance computers.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances