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Why share buybacks is not a good idea for IT companies

The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans Illustration: Uttam Ghosh/Rediff.com Share buybacks have become all too frequent......

Why hiring by the four IT biggies dropped 76% in FY18

Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies. Illustration: Uttam Ghosh/Rediff.com Net employee addition by the top four......

HCL Tech will most likely overtake Wipro's revenue in Q1

Wipro said recently it was expecting its revenue growth to drop 2.33 per cent or stay flat between $2,015 and $2065 million. HCL Technologies has overtaken Wipro in market capitalisation and is......

Will Salil Parekh manage to restore Infy's past glory?

Over the last years, taking the helm at Infosys has always had a strong resemblance with taking a roller-coaster ride Salil Parekh has been at the helm at Infosys for a little over four months.......

Infosys extends Sikka's term, raises base salary to $1 million

His raised package brings him closer to Cognizant chief executive Francisco D’souza Infosys has been terming its 2020 Vision of touching $20 billion in revenues with an operating margin of 30......

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Tom Reuner

News for Tom Reuner

Why share buybacks is not a good idea for IT companies

Why hiring by the four IT biggies dropped 76% in FY18

HCL Tech will most likely overtake Wipro's revenue in Q1

Will Salil Parekh manage to restore Infy's past glory?

Infosys extends Sikka's term, raises base salary to $1 million

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