The move to set up the UID Authority of India, under the aegis of the Planning Commission, is aimed at providing a unique identity to the targeted population of the flagship schemes to ensure that the benefits reach them, information and broadcasting minister Ambika Soni told reporters here after the Cabinet meeting.
The revenues of the top 5 India-based IT services providers worldwide rose by over 13 per cent to $34.3 billion (around Rs 1,900 crore) last year from $30.3 billion in 2011.
Telecom player Bharti Airtel is the sixth best of the 100 best performing technology companies in the world, compiled by American magazine BusinessWeek.
Indian companies Reliance and Infosys, both active players in the Chinese market, are among the global industry majors who have partnered with the World Economic Forum to organise the 'China Business Summit 2005' in Beijing.
Asked what kind of pricing environment did he see in the slowdown period, Gopalakrishnan said the pricing was stable for now as the focus on cost was there since 2008 as the companies realise the perils of global slowdown.
The government plans to implement the single rate GST, which would subsume central excise, service tax and other local levies, from April 1, 2016
The development has elicited huge response from the country's top information technology companies. At least seven players, including Infosys, HCL, Tata Consultancy Services and its subsidiary CMC, are in the fray to develop a biometric card and the infrastructure that can handle 12 million new users annually.
Software Major Infosys today said all 18,000 students selected by it from various engineering colleges across the country in 2009-10 would join the company in July this year.
In February, Palmer had filed a complaint in a court in Lowndes Country, Albama, alleging that Infosys had misuses B1 business visa programme to bring Indian employees to the US to work at clients' sites.
The Bangalore-headquartered company is believed to be evaluating two-three companies, which are in the revenue bracket of $100-200 million to eliminate some gaps that exist in its services offerings and increase focus on certain verticals, which have been least affected in the midst of the economic slowdown. It's reliably learnt that the company is looking at healthcare and energy and utilities as the two major areas for possible acquisitions.
All employees of India's second largest information technology services company, Infosys, will get a stock bonanza on its 30th birthday on July 2.
The company will give the employees who work on March 9 an additional day of leave, to be credited to their account in April.
Infosys has also applied for admission to listing and trading on NYSE Euronext London.
Infosys Technologies will seek shareholders' nod for the sponsored Amercian Depository Shares issue at its extraordinary general meeting scheduled on December 18.\n
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Raises offer 8.3 per cent; Infosys says it is 'considering its position'.
The company has tried for a long while to maintain its prices and margins, even if it had hit growth. This seems to be changing. In a recent analysts meet, many noted the management had finally turned aggressive on pricing to drive volume growth.
Software major Infosys Technologies Ltd on Thursday said it would contest the ruling by the Chennai bench of the Intellectual Property Appellate Board, which has held that it cannot hold a monopoly on the trademark 'Infosys.'
It needs to revamp the growth strategy.
Former Infosys CFO V Balakrishnan will be the Aam Aadmi Party's candidate from Bangalore Central Lok Sabha constituency while journalist Ashish Khetan will contest from New Delhi as the party announced its fourth list of candidates for 61 constituencies on Monday.
Infosys BPO is planning on closing 3 deals to the tune of Rs 600 crores in the next 3-6 months.
Last year in the same quarter, Cognizant had toppled Wipro as the third largest software exporter in India.
Global software giant Microsoft has pipped domestic IT giant Infosys as the best company to work for in India, according to a new study released on Tuesday. Microsoft was followed by Mindtree Consulting, Johnson and Johnson and Sapient at second, third and fourth ranks. Infosys, India's second-biggest software exporter, topped the list in 2006 but slipped to fifth spot this year.
The company has also turned its attention to new markets such as Australia, China, Japan, West Asia, Canada, South America and Latin America.
So far, all three have launched their own initiatives to train teachers and students in information technology. While Infosys BPO has Project Genesis to train faculty, which in turn teaches students, Wipro recently launched a similar programme called Mission 10x.
Infosys has a long way to go as far as IT business is concerned, said Kris Gopalakrishnan, CEO Infosys Technologies Ltd.
Infosys claims it can deliver a full-fledged applications store within 6-8 weeks, with its application platform Flypp.
'Offshore services are expected to grow in 2010.'
Swaminathan D ('Swami' Swaminathan), the current COO and senior vice president of Infosys BPO, is now the CEO and MD.
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