Preliminary investigation suggests that a commercial-grade gas cylinder was involved in the blast, though the exact cause of ignition is yet to be determined, police added.
French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.
Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.
India's mergers and acquisitions (M&A) activity cooled in the second quarter of 2025-26 (Q2FY26), with deal value falling to $26.26 billion from $29.04 billion a year ago, according to Bloomberg data.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
'There is a shift in what customers are thinking about in the long term and better planned structures are going to emerge as winners.'
A bulk of the Paris-headquartered IT major Capgemini's proposed euro 2 billion investment over three years in artificial intelligence (AI) is coming to India, a top official of the company said here on Wednesday. The three areas where the European tech major is investing are talent acquisitions, talent reskilling and for partnerships and creating a centre of excellence (CoE). "We have announced we will be training 100,000 people by the first half of 2024.
'If you really love your work and are good at it, it does not matter what is work and life.'
It said the company had tweaked leave accumulation only up to Q2 (FY21) end, and only as an interim measure.
IT services major Wipro on Friday said it has appointed Capgemini group veteran Thierry Delaporte as its chief executive officer and managing director, effective July 6, 2020. In January this year, the company had said its CEO and Managing Director Abidali Z Neemuchwala had decided to step down from the company. Abidali Neemuchwala will relinquish his position as CEO and MD on June 1.
Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.
For Paris-headquartered IT services major Capgemini, India has always been the backbone of its services delivery for its global clients, but the company is focused on driving more value from India as it gears up its engineering research and development (R&D) presence worldwide with its acquisition of Altran Technologies. The company, which has about 149,000 employees in India, is looking to hire 60,000 associates this year. Of them, 30,000 will be recruits from campuses and the rest lateral entrants. For Ashwin Yardi, chief executive officer India, Capgemini, the focus is to make sure that the India unit is aligned with the global plans of repositioning the company as a hub of engineering R&D, operational technology, and IT.
In the ongoing saga of senior management resignations, Wipro announced on Monday that its chief technology officer (CTO) Subha Tatavarti has resigned. Her resignation will be effective from August 16, 2024. In a regulatory filing, the company said: "Subha Tatavarti, CTO, resigned from the services of the company to pursue opportunities outside Wipro."
The fast moving consumer goods major Hindustan Unilever on Monday said it exited from BPO firm Capgemini Business Services India by selling its remaining 49 per cent stake to IT consultancy firm Cap Gemini SA for an undisclosed sum.
Capgemini, which has a good presence in India, is a provider of consulting, technology and outsourcing services.
French consulting-IT major to focus on specialised areas in energy, tax and telecom
The deal was inked at an enterprise value of 42.9 million euros and will be financed by the Capgemini Group's net cash, it said in a statement here. The contract was signed with conditional approval from the Italian anti-trust authorities.
Paris-based IT major Capgemini is scouting for three more acquisitions amounting to over $1 billion (around Rs 4,300 crore or Rs 43 billion). It is looking at the business process outsourcing (BPO), product engineering and local consulting space.
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Global IT consultancy Capgemini on Thursday said it will buy majority stake in Brazilian CPM Braxis for 233 million euros $299 million) in a bid to boost its presence in the emerging countries.
Global IT service provider, Capgemini, on Wednesday said it will hire 500 people in India for its Business Information Management (BIM) service line, taking the total number to 2,000 by end-this year.
France-based infotech consultancy company Capgemini on Friday acquired US-based Kanbay International for $1.25 billion to accelerate its growth in India and better its position in finance consulting in North America.
With operations in Mumbai, Bangalore, Chennai, Hyderabad, Kolkata and Pune, Capgemini India offers its services across several verticals including retail, telecom, manufacturing, energy, utilities, finance and the public sector.
The 35,000 square foot facility would increase Capgemini's BPO's total capacity in India to over 4,500 seats, the company said.
Capgemini SA, the parent company of the Capgemini Group, will pick up a 51 per cent stake in Unilever India Shared Services (Indigo) for an undisclosed sum.
Capgemini has gone back on its previous expectations of modest growth in the first half of 2009, following a significant deterioration in the wider economic environment since the third quarter, said John O'Brien, senior analyst at advisory and consulting firm Ovum. Capgemini now expects to see a modest decline in the first-half sales, while maintaining an operating margin of 6.5 per cent.
France-based IT and consultancy services provider Capgemini will be on a shopping spree over the next three-four years. Their next acquisition, after Kanbay, would come as soon as next year.
Capgemini, a leading global provider of consulting, technology and outsourcing services, on Wednesday announced the formal launch of its operations in Bangalore, its second centre in India after Mumbai.
Capgemini, which reported revenue of 8.4 billion in 2009, is perhaps the only European IT services firm to have successfully used its India centre as an innovation hub, as a large offshoring centre and tap the domestic market for growth.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Paul Hermelin, group chief executive officer of Europe's largest IT services firm, Capgemini, is one of the earliest proponents of the offshoring model.
Capgemini, one of the world leaders in consulting, technology and outsourcing services, on Monday announced launch of a 500-seat new center in the city, the third such in India after Mumbai and Bangalore.
The first phase of integration is already over
Capgemini, the Paris-based IT services and consulting company, plans to hire more than 4,000 people for its India operations during this quarter, according to a senior official of the company.
The Paris-based firm, which employs over 120,000 people in 40 countries, is a major provider of consulting, technology and outsourcing services with revenue of more than Euro10 billion (about $13 billion) last year.
Besides having Indians in top management, the IT major is working to make the country an innovation hub to drive business in Europe.
Capgemini, the information technology services and consulting major, plans to add 6,000 people in India over the next 12 months, which will make this the company's largest global centre, with over 26,000 employees. The company has a little over 20,000 employees at its headquarters in Paris.
MindSquare Technologies is a group company of 1neoteric Technology.
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