Wipro, which employs 22,000 people across Chennai, is the latest IT service provider to warn of the impact of the floods in a city
Balakrishnan, head of the BPO, Finacle and India business units at Infosys, is widely seen as a contender for CEO after the incumbent S D Shibulal's term ends in 2015.
As many as 14,000 runners from across 15 countries will be lining up to take part in a nearly month-long initiative to raise funds for coaches and support staff in various sports amid the COVID-19 pandemic, the organisers said on Thursday. Championed by celebrated national badminton coach Pullela Gopichand, and Arjuna Awardees Ashwini Nachappa and Malathi Holla, 'Run to the Moon' will conclude on July 21 to coincide with the 51st anniversary of man's first landing on the moon.
As the second phase of polling commenced on Thursday amid heightened security, bigwigs came out to cast their votes for constituting the 17th Lok Sabha. Among those who took to their respective polling booths were former Finance Minister P Chidambaram, actor-turned-politician Rajinikanth, BJP candidate from Bengaluru South Tejasvi Surya, and defence minister Nirmala Sitharaman, among others.
The gap between operation and inspiration created by the premature exit of Infosys Technologies' key founder, Nandan Mohan Nilekani, is being filled by his colleagues.
Speaking after inaugurating a three-day annual convention and conference of Indian Institute of Architects in Bangalore, Nilekani said the new method would help reduce corruption, and enable drawing up of digital database of cities. He stressed the need for energy-efficient and sustainable buildings, and 'climate adaptation' in design.
The event took off with an introductory speech by Dr Ajit Ranade appreciating the achievements of IIT Bombay. Among the other speakers were Dr Anil Kakodkar, chairman of the board of governors, IIT-B, Infosys chief Nandan Nilekani and Prof. R K Shevgaonkar, deputy director of finance and external affairs and the co-chairman of the IITBAA.
The Bangalore-headquartered company is believed to be evaluating two-three companies, which are in the revenue bracket of $100-200 million to eliminate some gaps that exist in its services offerings and increase focus on certain verticals, which have been least affected in the midst of the economic slowdown. It's reliably learnt that the company is looking at healthcare and energy and utilities as the two major areas for possible acquisitions.
IT major Infosys Technologies Ltd is not seeing any trend towards downward pressure on pricing by clients, its CEO and managing director S Gopalakrishnan said on Wednesday. "We are not seeing any trend towards driving down pricing", Gopalakrishnan told reporters in response to questions on the sidelines of a press conference of The Indus Entrepreneurs (TiE).
Barely a week after Infosys co-founder and Chairman of the Unique Identification Authority of India Nandan Nilekani made known his intentions of fighting the elections he is facing opposition from within the Congress party.
As a major contributor to exports, the IT industry has greater responsibility to perform better in view of the huge Current Account Deficit facing India, said N R Narayana Murthy, whose appointment as Infosys Executive Chairman was ratified by shareholders on Saturday.
Reader Girish spotted Nagavara Ramarao Narayana Murthy, better known as N R Narayana Murthy, one of the seven founders and now the chief mentor of Infosys Technologies, at the Indian Institute of Management, Bangalore in April 2008.
A software professional was arrested at the New Delhi airport on Sunday for allegedly making a hoax bomb call to delay the take-off of a Bangalore-bound GoAir plane, as he was late for the flight.
Nandan Nilekani, chairman of the Unique Identification Authority of India, is the latest to join a host of politicians taking to austerity and is likely to shift to the modest Karnataka Bhavan here from a 5-star hotel.
As part of their special responsibilities, Information Technology industry in India is slowly opening its eyes towards the visually challenged by offering them jobs, training and even taking up infrastructural modifications to accommodate them.
The IT sector in Bangalore is confident that they will be able to meet their growth targets during the current fiscal in spite of the compounding problems mushrooming across the globe.
The company will move ahead with plans to have second campus on Sarjapur Road.
While consulting firms and investment bankers preferred not to participate in the lateral placements as usual, sources say that companies such as KPMG, Aditya Birla Group, Barclays Bank, Microsoft, Infosys and Capgemini have issued the maximum number of offers.
World's largest exchange, the New York Stock Exchange is wooing India's showpiece IT firm Infosys Technologies to list its shares on its trading platform.
"It will be a potent combination of a weak economy and an election year," warned Nandan Nilekani, co-chairman of Bangalore-based Infosys Technologies.
Donation to go to Sarojini Damodaran Foundation and Advaith Foundation
Major global aviation and defence consortium, European Aviation, Defence and Space company will invest in an engineering centre in India to develop aviation software and aircraft designs for its planes and other systems.
Before his departure, Putin visited software major Infosys on the outskirts of Bangalore and defence undertaking Hindustan Aeronautics Limited.
A top infotech official has warned the Indian IT industry, already facing trouble spots such as wage inflation, high attrition rates and a strong rupee, cannot afford to sit on its laurels as global competition is on the rise.
The Supreme Court has ruled that the benefit given to the staff of a company under the employees' stock option scheme cannot be considered as taxable income and the company was not obliged to deduct tax at source.
Addressing the 'Infovision 2006 Knowledge Summit' through videoconferencing from Chicago, Pitroda said the public portal is being developed by NKC member and Infosys CEO Nandan M Nilekani and his family through their foundation.
From inking deals to hiring top workers, Big Blue is beating its tech services rivals
Having carved a niche for itself as a global outsourcing hub for services, India should now look at becoming the world's preferred manufacturing destination, Infosys chief mentor N R Narayana Murthy said on Thursday.
The Second Additional City and Chief Metropolitan Magistrate M Mujahid Ulla ordered issue of summons returnable on June 21 and registering of a criminal case under Section 3 of the Prevention of Insult to National Honour Act 1971.
The Bangalore-based company, which already holds in excess of 11.8 million square feet of office space, has informed the US Securities and Exchange Commission that it will take seven properties on lease and develop one on its own.
Former Karnataka Chief Minister Sadananda Gowda will battle it out against Congress strongman Narayanaswamy in this IT hub constituency of Bangalore North, which is all set to vote on development, infrastructure issues. Vicky Nanjappa reports.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
Many groups, comprising professionals, both men and women, from companies like Wipro, Infosys, Accenture, AdventNet, Xerago, arrived in Nagapattinam on Friday night.
Software major Infosys Technologies Chief Mentor N R Narayana Murthy has, for the fifth year running, emerged the most admired business leader of India amongst B-schools across the country.
14 bowlers and 15 batsmen have been called for training camps next month in Mysore and Bangalore, ahead of team selection for the Ireland and England tours.
An Indian company employing people of many nationalities was perceived to be improbable: Not any more.
His comments about the media being "sold out" may have attracted flak from journalists and political leaders alike, but Aam Aadmi Party leader Arvind Kejriwal seems unfazed by all the criticism.
It is almost official: Unique Identification Authority of India chairman and former Infosys CEO Nandan Nilekani will contest the upcoming Lok Sabha elections from South Bangalore, the IT hub, against Bharatiya Janata Party veteran Ananth Kumar.
