Analysts see HCL's Rs 1,780 crore deal with Reader's Digest and another half-a-dozen big deals signed in the past three months by Indian IT firms, encompassing both global and domestic markets, as evidence that the outsourcing story continues to progress as the best option for companies to cut costs in the current difficult economic environment.
As part of the engagement, HCL Technologies would provide application development and infrastructure support across the application stack of Oracle, open technologies, main frame, infrastructure support for network, security, storage, end user computing and data centres, HCL said in a statement.
Germany's oracle octopus Paul picked Spain to beat the Netherlands in the World Cup final on Sunday in a live television broadcast watched across Europe.
The Telugu film is outdated in terms of theme at least in the urban context. It may appeal to the rural audience. It's like the social-devotional films which came in the 80s. Anushka stands out for her performance.
Stephan Schmidling has made a sculpture bearing the footprints of the German football players at Euro 2008.
Leonard, who also won the award in 2014 while playing for the San Antonio Spurs, joins basketball greats Kareem Abdul-Jabbar and LeBron James as the only players in NBA history to win Finals MVP with two different franchises.
After successfully predicting the winners of the World Cup, Paul the octopus is set to retire.
We, at rediff.com, bring you the five most memorable things/events from the 2010 World Cup.
Here is the Buffett investment philosophy and his and stock-selection criteria with specific emphasis on their application in a down market and a slowing economy.
To begin with, there would be the immediate integration of various technology stacks. This would create more business for global consulting and IT services entities such as KPMG, PwC, EY, Accenture and IBM, among others. Indian service providers - Infosys, Tata Consultancy Services (TCS), and Wipro, for instance - would also cash in.
His formidable missus turned a year older on March 26.
The proposal will impact US-based companies like IBM, Hewlett Packard, Microsoft and Oracle that have overseas operations in countries like India.
Most large American companies earn more than 50 per cent of their revenue from markets outside the US and will be affected by the proposed tax reforms. Business groups in the US had assailed the proposal, arguing it would subject them to far higher taxes than their foreign competitors must pay and ultimately endanger US jobs. Global companies that earn profits in India are subject to a tax rate of 33.9 per cent and the impact of the proposed reforms on them would be marginal.
The American-made robot housed in Moscow's Robo Station predicted a few hours before kickoff that France would beat Belgium in Tuesday's semi-final in St Petersburg.
They have lost more than $13 billion from their combined wealth, but still the two Ambani brothers have moved higher on Forbes' latest list of the world's ten richest CEOs, while Sunil Mittal has joined the league and Lakshmi Mittal has slipped two places.
They don't call him "The Oracle" for nothing.
As federal officers raid alleged abusers, tech employers worry they'll run short of skilled foreign workers, especially in stimulus sectors.
After one of the most disastrous weeks in the history of Wall Street, Warren Buffett decided to invest $5 billion there.
Investing like Warren Buffett is neither an art nor a science. Rather, it is a study of human nature and a willingness to follow a mundane path.
Software market in India grew 10 per cent to $4.76 billion in 2013, driven by strong adoption of cloud or subscription-based services, research firm Gartner said.
IT services provider Satyam Computer Services Limited is setting up a 15-acre campus at Cyber Jaya, the IT hub of Malaysia, which is expected to be operational by this year end, said Prasenjit Kundu, head (global solutions centre in Malaysia), Satyam.
Even as the H1-B cap for the year was reached for regular and 'advanced degree' students, the Department of Homeland Security announced an extension of the Optional Practical Training period up to 29 months.
Multinational software firms like Microsoft, SAP and Oracle -- which license software and earn royalty on it from Indian customers -- are facing the heat from assessing officers if they have not paid taxes on the gross royalty income. According to a ruling by New Delhi-based commissioner Income Tax (Appeal), Microsoft has to cough up over Rs 700 crore in taxes and interest for the period 1999 to 2005.
Deepak Ghaisas plans to start a new venture in the knowledge industry with a global business model after resigning from i-flex solutions (part of Oracle now), sources close to the development said.
The Golden State Warriors shook off their bumps and bruises and advanced to their first NBA Finals in 40 years after defeating the Houston Rockets 104-90 to clinch their Western Conference Finals series on Wednesday.
IT, e-commerce firms to raise the bar in recruitment, packages.
Gujarat may have missed the IT/ITES bus earlier, but the two upcoming IT/ITES SEZs by K Raheja Corp and DLF are all set to drive the growth of the industry here. As many as 50 companies are likely to set up shops in the two parks coming up in Gandhinagar.
Internet major Yahoo Inc's chief technology officer has expressed his inclination to resign, the company revealed in a US Securities and Exchange Commission filing on May 30.
With visas set to max out quickly again, tech companies want more. Amid rising joblessness, does America need more skilled foreign workers?
The Internet boom put these 33 innovators on our list of the world's richest. Total worth: $109.7 billion.
Tata Consultancy Services is recruiting Team Members/ Team Leaders/ Project Leaders/ Project Managers for their Delivery/ Solution Centers.
Microsoft has worked hard to exploit the advantage its mail software provides
Another report by Oxfam had found that eight billionaires, including Bill Gates, from around the globe have as much money as the 3.6 billion people who make up the poorest half of the world's population.
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
Defeats by Sweden and Russia have sealed the fate of the surprise Euro 2004 winners, who have yet to score a goal at the tournament and never looked like getting back into either game.
Striker David Villa scored in stoppage-time to give Spain a 2-1 victory over Sweden in a scrappy Group D encounter at Euro 2008 on Saturday. The result puts Spain close to a place in the quarter-finals with six points from two games, though Sweden are still in the race on three points.
World Cup winners Italy and runners-up France were in danger of tumbling out of Euro 2008 at the group stage.
Software major Infosys Technologies would be included in the coveted NASDAQ-100 index with effect from December 18, the company said in Bangalore on Saturday.
A summary of sports events and sports persons, who made news on Saturday
Seeking a wealthy mate? Consider looking online first before shelling out thousands on traditional matchmakers.
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