'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
From a modest two-bedroom apartment in Koramangala, the Bengaluru-headquarted company now has multiple offices across the country.
Modi hopes to attract funds and skills from U.S. innovators to help India's burgeoning startup scene grow.
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
Enters joint venture with Pune-based Unique Delta Force Security
Key events that rocked India Inc in 2014 and one of them is Vishal Sikka taking over reins at Infosys.
'Modi is the only chance we have in creating an Indian dream like we have the American Dream out here,' one ohe judges for the 'Code for India' hackathon in California tells Ritu Jha/Rediff.com
Donald Trump's executive order prohibiting the entry of people from seven Muslim-majority nations widened the rift between the Trump administration and several leading American companies.
Wipro has been quite aggressive among Indian IT services companies in acquisitions as a strategy to buy the capabilities in emerging technologies.
Snapdeal has a number of shareholders including Ontario Teachers' Pension Plan, PremjiInvest, Ratan Tata, Foxconn, Temasek and BlackRock, among others.
VMUnify, incubated from staffers' idea, to be spun off into an independent company.
American CEOs expected to meet Modi on Sunday include Apple's Tim Cook, Walmart's Doug McMillon, Caterpillar's Jim Umpleby, Google's Sundar Pichai and Microsoft's Satya Nadella.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Some examples that show we may be call for introspection, says Ajit Balakrishnan.
APAs are part of govt's aim to move to a non-adversarial tax regime.
Viveat Susan Pinto & Niraj Bhatt in conversation with Nirvik Singh, chairman and CEO, Grey Group.
Largest industry gift to CMU and largest gift from outside US will support new facility and student scholarships
When 27-year-old Karthik Kamalakannan founded Skcript with his friend Swathi Kakarla in December 2013, little did he realise that it would become the Pied Piper of India one day.
He will become executive chairman and continue to be chairman
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
The Taiwan-headquartered manufacturer has said it would invest around $5 billion in Maharashtra
FY14 sees 16% decline in adjustments; department adds only Rs 59,000 crore to the profits attributed by multinationals, against Rs 70,000 crore a year ago
The employees often look at these meetings as a barometer.
Pichai will visit India accompanied by the heads of various Google business units
Here's how to know if you're on to something huge, or it is just a mirage. Read on...
PIO finds similarities between WannaCry code and other tools created by Lazarus Group in the past.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
Internet-based systemic wisdom connects machines and people, and will drive next-gen enterprises, said Huawei's Yatish Nagavalli.
Entrepreneurship hasn't been a cakewalk for him, says Sinha.
Loss-making Nokia gains full control of the profitable venture Nokia Siemens Networks for $2.2 billion, a cheaper than-expected price, analysts said, although they also noted the acquisition would put pressure on Nokia's balance sheet.
Hailing from a village having no electricity, Ankur Mishra now runs two start-ups, educates his community, gives TED Talks and is on his third novel.
If you have an IT firm, you should avoid encroaching on their turf.
Wipro makes it to the up-and-coming companies with potential to join the top 50 list.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
Foxconn is the world's largest contract manufacturer for electronic goods and makes iPhones for Apple and smartphones for its Chinese rival Xiaomi.
E-commerce is awash in money, raising concerns about whether this is just another unsustainable internet trend headed for a bust.
The so-called 'fourth industrial revolution' will bring ever faster cycles of innovation, posing huge challenges to companies, workers, governments and societies alike
Sarvesh Agrawal tells Shobha Warrier about how he built a start-up "of the interns, by the interns and for the interns."
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances