Even though North America still accounts for 60 per cent of Infosys's revenue, the company is starting to see good growth in Europe, which contributes around 25 per cent to the company's top line. Even Australia also has emerged to be a strategically important market, with a contribution of 10 per cent to the overall revenues.
A top six-page secret Intelligence Bureau report on the Shashi Tharoor controversy has advised the Centre to arrive at a political decision, pressing the Minister of State for External Affairs to resign, sources have said.
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.
India is worried about Pakistan getting the Taliban to ignite trouble in Kashmir, observes Ramesh Menon.
Becoming a unicorn is surely a marker for a company in its growth story, but it's not a major achievement nor is it a turning point of any significant worth.
Consolidated net profit rose to Rs 3,465 crore in its fiscal third quarter to December 31.
Available in various forms and specialisations, these courses aim at overall skill development of people willing to join or excel as professionals in the information technology domain.
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
The social networking site has 1.23 billion monthly active users and 757 million daily active users.
Also looks at setting up development and training centres in the US to tide over visa-related issues
Nia builds on Mana, the first AI platform introduced by the software services major last year. It also includes the robotic process automation capabilities of AssistEdge, another Infosys solution.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.
The government has slapped a notice of Rs 5 crore demand on trusts run by Ramdev in connection with alleged service tax evasion while organising their yoga camps.
Authorities on Saturday continued to dig up currency to the tune of lakhs of rupees, including in new notes, across the country.
With the retail and construction sector expanding their IT infrastructure in the country, the overall revenue of the servers, a data storage device, touched $727 million (about Rs 2,903 crore) in 2007 recording a 24 per cent increase over 2006, a report said.
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
In a further escalation of the confrontation between the Congress and the government, the opposition party claimed that a committee constituted by the Delhi government has found 'gross financial irregularities' in the DDCA during that period.
Firm to prune domestic costs through initiatives such as voluntary separation
This business could also be aided by new outsourcing opportunities in IMS from Germany, France and northern Europe
In the last couple of months, top Indian IT services providers, including TCS, Infosys, Wipro and HCL Tech have announced setting up cyber threat management centres in the US and Europe.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
The finance ministry on Friday informed a parliamentary committee that smuggling of fake currency has totally stopped post demonetisation and the tax department has seized Rs 515 crore in cash, including Rs 114 crore of new currency notes, up to January 10.
The PM said the government knew that Sri Lankan nationals who joined the Islamic State had returned, but they could not be arrested as joining a foreign terrorist organisation is not against the law in the island nation.
The RBI has also been asked to consider displaying this information on its website.
In a major embarrassment to the Inter-Services Intelligence, United States-based Kashmiri separatist leader Syed Ghulam Nabi Fai, on Wednesday pleaded guilty to federal charges of spying for the Pakistani spy agency and illegally lobbying the Congress to influence the American policy on Kashmir.
From omnichannel to AI and 3D technology, the fashion industry is in the middle of a digital revolution.
Sikka has expanded the role of former SAP executive Ritika Suri.
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
An inquiry has been initiated by Directorate General of Central Excise Intelligence officials against these airlines.
Along with a robust set of numbers, the management too sounded confident of its growth prospects
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
Around 41 per cent of these companies saw such instances, compared to the global average of 29 per cent. India's number is higher than other countries such as the United States (26 per cent), the United Kingdom (32 per cent) and Japan (27 per cent). It is also worse than other emerging markets. China had 39 per cent of firms affected by data theft. It was 19 per cent and 16 per cent for Brazil and Russia, respectively.
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
Some of the sacked employees have already been booked under the Public Safety Act, while others have evaded arrest.
Experts, however, are of the opinion that a world manned mostly by bots is still some time away. Also, new jobs -- of bot builders and supervisors -- will emerge with time.
Infosys' aspirations to improve revenue per employee might also prove to be a tall task, believe analysts.
Tier-II and Tier-III cities to emerge as new BPO hubs to offer services in Indian languages for telecom, aviation sectors.