Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
This project aims to transform India Post into a technology-enabled and autonomous market leader.
DLF, with Rs 1,14,745 crore (Rs 1,147.45 billion) market capitalisation, has grabbed the seventh position, relegating Infosys, with Rs 1,11,357 crore (Rs 1,113.57 billion) m-cap, to the eighth position.
Raamdeo Agrawal of Motilal Oswal Securities believes that the market is fairly valued at the moment. He does not expect any slowdown in corporate earnings for FY06-07.
Scores of leading SEZ promoters, including Infosys Technologies, CMC Ltd, Hindalco Industries, NIIT Technologies, HCL Technologies, Orient Craft Infrastructure, L&T Phoenix Infoparks and K Raheja Corp, have sought more time from the Board of Approval, which is meeting in New Delhi on June 2.
"We have to improve the institutional framework of companies... (and) need to give more powers and authority to independent directors. Also, the regulations should be enforced much faster," said Infy board member T V Mohandas Pai. Noting that the Satyam case is an aberration and unlikely to affect the domestic IT industry, Pai said the law needs to be amended to ensure that auditing standards are enforceable.
.jpg)
Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years.
The company's endeavour is to get independent of this visa matter as much as possible, Vishal Sikka said.
BSE-IT index slumped over 10 percent after Infosys, the second-biggest software exporter, guided for a revenue growth of 6-10%, much below of 12-14% for the fiscal 2014.
HCL Technologies was the biggest gainer in the Sensex pack, rising 5.58 per cent, followed by Tata Consultancy Services and Infosys, State Bank of India, Tech Mahindra, Tata Steel, NTPC and Wipro. In contrast, Nestle, Bharti Airtel, Maruti and ITC were among the laggards.
Infosys announced acquisition of digital commerce company Kallidus for $120 million.
India's information technology major Infosys bagged the prestigious Ashden Award for Sustainable Buildings, referred to as the Green Oscars.
Infosys is yet to announce its 2014-15 results.
Among the Sensex firms, Wipro, HCL Technologies, NTPC, Reliance Industries, Infosys, IndusInd Bank, Tech Mahindra and Tata Consultancy Services were the major laggards. IT stocks fell on profit-taking after rallying sharply in the past two sessions. Tata Steel, Titan, Maruti, Larsen & Toubro, ITC and JSW Steel were among the gainers.
David, is set to join Hewlett Packard Enterprise as a senior VP for Enterprise Services Delivery.
Infosys BPO is planning on closing 3 deals to the tune of Rs 600 crores in the next 3-6 months.
The route to that target is clear in Sikka's mind.
Information Technology major Infosys Technologies on Monday said it will convert 16 million shares traded in India into American Depository Shares that would increase the float of its stock in the US stock market.
Infosys Technologies is planning to invest about Rs 400 crore
According to Randstad Employer Brand Research (REBR) 2020, Microsoft India scored high on financial health, strong reputation and utilisation of the latest technologies. Others in the top 10 list are Samsung, Amazon, Infosys, Mercedes-Benz, Sony, IBM, Dell, ITC and TCS.
The fresh meat and seafood delivery startup Licious plans to set up 500 stores nationwide within the next five years as part of an omnichannel strategy. The aim is to attract new users in the offline channel and encourage them to transact online as well. The move would also help the company in its efforts to achieve profitability and go for an initial public offering (IPO) in the next 24 months, according to the sources.
Leveraging next generation technologies like artificial intelligence, software services major Infosys is confident of returning to industry-leading growth and regaining its position as the bellwether of the over $100 billion Indian IT industry.
Top Indian IT company Infosys Technologies will conduct knowledge transfer training courses for Malaysian lecturers through a Campus Connect Programme.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
Stellar results compared to TCS led to reversal of valuation discount.
India's second largest information technology services provider, Infosys, believes businesses in the US, including the government, will continue to favour global sourcing. This despite the increase in anti-outsourcing voices and a ban on it by the Ohio state government.
The culture clash isn't the only issue - most of the founders are still wary of risky bets while the new management thinks calculated aggression is necessary in the new world of business, says Shyamal Majumdar.
Even as Srini Pallia, a Wipro veteran, is set to take charge as the chief executive officer (CEO) of the company, analysts expect the stock's underperformance to continue in the near-future. This, they believe, will be on the back of likely loss of market share, and difficult business environment. "We expect Wipro to underperform peers on growth once again in FY25 as channel checks and media reports suggest Wipro is losing share with select clients across multiple verticals.
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
India's second-largest software services company, Infosys Technologies, for instance, plans to hire close to 30,000 this financial year.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
The panel's report could be considered while framing the final document for the 12th five-year Plan.
S (Kris) Gopalakrishnan speaks on the outlook for Infosys and the sector.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
The world's fastest growing company is Canada-based Research In Motion, the maker of Blackberry phones.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances