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NIIT Technologies spin-off by June: CEO

The scheme of arrangement for the spin-off of NIIT's software division is expected to be implemented from June 2004, company CEO Vijay Thadani said on Monday."We hope that by the end of this year,......

Mid-tier IT companies at more risk than big players

In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment. Illustration: Dominic Xavier/Rediff.com Mid-tier IT services firms, along......

Revenues of IT companies may take a big hit in FY21

Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain. Illustration: Uttam Ghosh/Rediff.com Revenues of information technology......

Hot Buys: IT, FMCG, auto, metal stocks

The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.Deepak Korgaonkar and Puneet Wadhwa report. Stocks from the metal, information technology, fast......

Is a bubble building up in IT midcaps?

As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.Romita Majumdar reports.......

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