The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
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Pune-based IT services and BPO firm Zensar Technologies posted a net profit of Rs 18.56 crore during the quarter ended September 30, 2008 a growth of 31.16 per cent over its net profit figure of Rs 14.15 crore reported during the corresponding quarter of the last financial year.
The RPG group has bought Fujitsu's 30 per cent stake in software and BPO services company Zensar Technologies.
Indian company Zensar Technologies has formed a joint venture with a Chinese software firm in Shenzhen that will boost the latter's bid to become a major global outsourcing centre.
Goenka has not even attended the last three annual general meetings of the company, yet he drew around half of the managing director's pay
The company is planning to open a global development centre in Jordan.
Zensar Technologies on Friday said one of its main promoters Japan's technology services major Fujitsu Group is going to sell its entire 29.17 per cent stake to Indian promoter Goenka's RPG Group.
Accenture's Q1 FY22 results have sent a wave of cheer among analysts, as the company raised its revenue guidance and said it expects double-digit growth in outsourcing, up from single digit to low double-digit growth expected earlier. Accenture's financial year ends on August 31. The company raised its revenue outlook for FY22 to 19-22 per cent in local currency, up from 12-15 per cent earlier.
IT-BPO company Zensar to have 30% workforce based at home to cut office spends, draw talent
The Harvard Business School students will soon learn case studies based on success stories from India Inc.
Zensar Technologies, the Rs 900 crore RPG Group's software services company, expects Rs 200 crore from its domestic business this fiscal, up from Rs 40 crore last year. In an interview with Pradipta Mukherjee, Vice-Chairman and CEO Ganesh Natarajan says the company is on an expansion and hiring mode, defying the freeze in the industry
Oracle has announced the availability of a hosted Enterprise Resource Planning solution for small and medium enterptises in India through its certified partner, Zensar.
'Pockets of mid and small-cap indices are showing exuberance and are discounting even FY23 valuations now.'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Information technology leader Ganesh Natarajan hailed N R Narayana Murthy's reappointment as executive chairman and additional director of Infosys on Saturday.
Two-day event saw participation of venture capitalists, private equity funds, angel investors, etc.
Ganesh Natarajan answered many IT-related questions during an hour-long rediff chat on Tuesday.
Bombay Stock Exchange-listed Zensar grew 23 per cent sequentially last quarter. Natarajan says a lot of growth will come from the increasing use of IT within Indian companies.
What impact will the Budget have on the IT sector?
To increase local talent mix in the US like their major peer Infosys
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Ganesh Natarajan, deputy chairman and managing director, Zensar Technologies Limited has been appointed vice chairman, Nasscom for the current year.
With prominent Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys Technologies, Zensar Technologies and Satyam Computer Services increasing their presence in Japan, the world's second largest IT services market is becoming a lucrative market for India.
The National Association of Software and Services Companies -- Nasscom -- on Monday announced the appointment of Ganesh Natarajan, deputy chairman and managing director, Zensar as the chairman of Nasscom for the year 2008-09. Pramod Bhasin, president and CEO, Genpact has been elected as the vice chairman of Nasscom for the current year.
A slowdown in the global economy and sub-prime crisis in the banking, financial and insurance services sector, its major revenue earners, force the domestic IT industry to take a relook at its hiring strategy.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Cisco Systems Executive V-P and Chief Globalisation Officer Wim Elfrink said this after inaugurating a global delivery centre set up jointly by Cisco and Pune-based Zensar Technologies. Elaborating Cisco's future expansion plans in India, he added, "More than 20 per cent of Cisco's overall employee strength is based in India. The broadband penetration and networking infrastructure are very poor in this country.
Due to the over-heating of the valuations of companies in India, private equity player Electra Partners is giving greater emphasis to investments in South East Asia.
Nasscom estimates that the KPO industry is poised for a 45 per cent per annum growth till 2010. The current hotspots in KPO are engineering and design, basic data search, integration and management and biotech & pharma.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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