The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.
Many other Indians are heading the businesses at companies abroad.
Available data obscures the true stress in bank books, and the pandemic will result in balance sheet impairments and capital shortfalls at lenders, RBI Governor Shaktikanta Das said on Monday. Balance sheet impairment and capital shortfalls will be more evident once the regulatory reliefs are rolled back, Das said in the bi-annual Financial Stability Report, asking lenders to augment capital.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
According to the police, overall, 1,818 people have been arrested so far in 400 cases in connection with the riots. They said 342 charge sheets have been filed by Delhi Police by the end of 2020, out of which the trial court has taken cognizance 250 cases.
While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
After last year's lull, number of offers jump by 15%.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Realigned training modules. Better automation and coding tools. Internal contests and more.
The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Centre objected to the review petition and said that the basic grounds for seeking review of the verdict are the same as they were in the main petition.
A culture of science and innovation must be embedded in society wherein people not only use new technology but understand it as well. Without this, obscurantism and blind faith can sit side by side with digital technology and, in fact, use the same technology to reinforce their hold on people, says Shram Saran.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
The firm, which has sacked 1,000 employees, says nothing new about it, laggards weeded out every year, this year is no different
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
The country's IT software and services exports from the top-10 firms crossed $15 billion to touch Rs 68,236 crore (Rs 682.36 billion) in 2006-07.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
'Section 153A is not meant to protect fragile sentiments of the majority Hindu community who choose to get offended by slogans celebrating the success of the Pakistani cricket team.'
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Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years.
Firm offers this work option to 80% of its staff, saves $196mn on opex and garners $294 mn via building sales
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Modest growth projections hits IT sector.
Kochi's Infopark has managed to get Rs 3,000 cr investment.
The Centre has informed the Supreme Court that the North and South blocks, which cover nearly 27 acres housing government offices in national capital, are proposed to be converted into national museums.
15 per cent of startups in Silicon Valley are founded by Indians.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
TCS moved into new markets like France, Japan thanks to acquisitions.
First acquisition under Sikka's plan of buying technologies for tomorrow
