It is betting on enterprise services and new launches to revive demand. But are the measures enough to steal a march on established players like Samsung and Micromax?
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
It looks like IBM is betting on Vaswani to replicate the success he had with Dell
'The big thing is on the works on Zero Distance, the initiative to bring innovations in every project.'
The thin boundary between work and life has become increasingly blurred, which is taking a toll on employese's mental well-being, says Prachi Ghogle.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
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Affordable CFO services for firms that lack resources.
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
VMUnify, incubated from staffers' idea, to be spun off into an independent company.
Appointing Neemuchwala is seen as a big shift for Wipro.
'Abid Neemuchwala has demonstrated a deep understanding of technology, business vision, sound judgment, and an innate ability to bring people together.'
To increase local talent mix in the US like their major peer Infosys
Stating that he is looking forward to working with talented Infoscions, Vishal Sikka said, "I am honoured to lead Infosys, an iconic company built by pioneers in the technology industry. I look forward to working with and learning from talented Infoscions around the world."
The roll-out of the auto enrollment began in October 2012.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
Abu Dhabi-based serial entrepreneur BR Shetty walks us through his life and career and shares the imminent lessons he's learned.
The catchwords today are digital, analytics, robotics.
While Pokemon Go prompted people to get out of their chairs and take a walk, Trakinvest became a potential hiring platform for brokerage firms. Anita Babu on gamification in 2017.
A chess buff, Neemuchwala enjoys volunteering, travelling, Indian music, reading fiction, and golf.
Amid subdued demand for traditional information technology (IT) services offerings, Indian IT services players are betting on big data, as this is high on clients' agenda.
The company expects around $40 million annualised revenue from the acquisition but declines to share financial details of the deal.
The trouble is largest FDI projects in India have had a tragic history.
Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.
The case relates roughly to assessment years 2000-01 to 2002-03 and 2004-05 to 2007-08
In her weekly column, mental health guru Anu Krishna offers advice on how to take charge of your life.
The CJs' conclave didn't touch core issues and remedies within their reach, says M J Antony.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
'We are not able to manufacture even low-end products as cheaply as China.' 'We are not buying Chinese goods today out of any love for China.'
Not only young companies, even some established players are opting to function out of co-working spaces with an aim to quickly scale up their services. Sangeeta Tanwar reports.
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
With Ola Corporate, aims to provide services to 10,000 firms by next year
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
Travel portal Yatra is planning to come up with a luxury travel vertical, where celebrities such as sports persons, actors, famous chefs or social media influencers will act as guides to travellers. If you like to travel in 7-star style and yearn for that extra bit of star value, this could be just up your street.
Reminiscing time spent at the firm he co-created with six other friends in 1981, Infosys non-executive chairman S Gopalakrishnan said many major events in his life are linked to major milestones of Infosys.
Declaring that the time had come to reopen Delhi, Chief Minister Arvind Kejriwal said on Sunday evening, "Self-employed people like technicians, plumbers, electricians, mechanics, sanitation workers, domestic helps, and people involved with laundry and ironing are allowed to work."
DO: Whether or not your business has suffered losses, now is the time to optimise resources, cut back on unnecessary expenditure and spend every penny cautiously. DON'T: If there is a cash crunch, don't rush to fire staff. Instead, weigh in other options that will protect the interest of both the company and the employees. Must Read Advice from Apoorva Ranjan Sharma, MD, 9unicorn.
Wipro has been quite aggressive among Indian IT services companies in acquisitions as a strategy to buy the capabilities in emerging technologies.
Technology, not just cost, is key to IT's future.
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
C P Gurnani, CEO & MD of Tech Mahindra, India's fifth-largest IT services company, tells B Dasarath Reddy that the company is exploring both ways as it looks at bringing in best of the breed technologies to offer to global clients.
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