Global software giant Microsoft has pipped domestic IT giant Infosys as the best company to work for in India, according to a new study released on Tuesday. Microsoft was followed by Mindtree Consulting, Johnson and Johnson and Sapient at second, third and fourth ranks. Infosys, India's second-biggest software exporter, topped the list in 2006 but slipped to fifth spot this year.
Microsoft suffered another major blow when India said "no" to the software major's format Office Open XML (OOXML). The software major now awaits a final verdict from the International Organisation for Standardisation (ISO) on March 31 this year when the standards organisation recompiles the votes from all countries.
India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
Online search giant Google has come out openly against Microsoft's $45-billion takeover bid for Yahoo, terming the deal as a threat to openness of the Internet.
Finnish phone maker Nokia may have to exclude its Chennai plant from the $7.2 billion deal with Microsoft if tax issues facing the India unit are not resolved by next week.
Microsoft Corporation India on Monday announced that Project Shiksha, the company's initiative to accelerate IT literacy among government school teachers and students, has trained 200,000 teachers till date.
The sub-$100 smartphone market is dominated by Google's Android operating system, which has lower licensing costs, and runs cheaper hardware.
Microsoft will stop technical support for its most popular operating system (OS) Windows XP globally from Tuesday, bringing down curtains on the software giant's longest running OS.
Can the launch of smartphones under its own brand name by Finnish company HMD Global - despite having a licence to use the Nokia brand which it bought from Microsoft - help it regain its once dominant position in the mobile phone sweepstakes in India, where it was once routed? In 2009, Nokia was the country's largest MNC with revenues of $4 billion and a market share touching 80 per cent in 2010. After this, its fortunes fell. Although it had been the first global player to set up an assembly plant, not only to assemble phones for the local market but for exports, it had to shut down operations in 2014.
Microsoft's unsolicited bid of Yahoo has brought the latter in the midst of a legal storm, as 7 lawsuits have been filed against Yahoo.
The external affairs minister said the SAARC is in trouble as one of its members has been supporting terrorism.
Though Ballmer was caught off guard, he pulled himself together and went on record: "Oh no, not at all. Why should we be? We are the market leaders. Every day is a day of opportunities for us and we are eager to take those opportunities."
Even as Microsoft has seen exponential growth for its cloud platform Azure in India, the firm has not yet set up local servers.
US-based reader Rangaprabhu Parthasarthy features four key elements that he predicts will help Microsoft emerge as a force to reckon with in 2012 in response to our reader invite.
IT giant Microsoft Corporation on Friday announced that it was planning to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion.
Microsoft received over 400 requests from India last year for inquiries regarding criminal activity, affecting nearly 600 different accounts, according to the American tech giant.
Microsoft is taking the fight with its cloud computing rival, VMware, to a new level, with the launch of Systems Center 2012 that includes a new pricing structure and integrates eight separate component products into one unified solution, streamlining installation and reducing the time it takes to deploy from days down to hours.
Technology companies continue to be the most valued brands globally, with the top five most valued companies from the technology sector, according to Brand Finance 2024. Samsung has entered the top five most valued brands globally. Apple secured the first position after falling to the second spot in 2023.
Software giant Microsoft on Wednesday said it plans to provide a unique e-mail id for every Indian, which will be powered by Windows Live Hotmail through a new feature called custom domains.
The decision to shut down the Chennai plant will reduce valuation of Nokia for Microsoft
The US market has been a standout performer this year, with the benchmark Standard and Poor's 500 (or simply the S&P 500) gaining over 16 per cent during the first half of calendar year 2023 (CY23) in what was its best first-half show since 2019. By comparison, India's National Stock Exchange Nifty 500 has gained 6.4 per cent. On the surface, it appears that the US markets have done exceedingly well. However, a deeper analysis reveals the gains in the domestic market to be more well-spread.
With growth in mobility and mobile penetration levels in tier II and III towns and cities, Microsoft India is looking at a larger chunk of its mobility business from these regions.
Google was slowly but surely tightening its grip around Microsoft mainstay products
Microsoft announced the biggest acquisition in its history by buying digital marketing firm aQuantive for $6 billion in an all-cash deal.
Microsoft Corp is considering Ericsson Chief Executive Hans Vestberg as a possible successor to outgoing CEO Steve Ballmer.
As part of strengthening its presence in India, software major Microsoft Corporation on Wednesday said it would open offices in six cities in the country.
A source close to the company said no appointment was likely until the last week of January or in February.
Microsoft has done well in selling software to enterprises, but it has never really figured out consumers or hardware.
"The chance to play so much cricket surprised me," said Prabhu, a senior program manager at Microsoft Corp.'s automotive business. "There is someone in almost every business team at Microsoft that I've played cricket with."
The Indian Institute of Technology, Bombay, has taken strong objection to the fact that despite a "No" to OOXML by a majority of the Bureau of Indian Standardsmembers, the software giant "continued to make representations to the top Indian leadership (read Ministry of Consumer Affairs), pressuring them to change the Indian vote".
Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.
Microsoft in association with Nasscom announced on Friday three teams of student innovators from India, of which one will compete at the worldwide finals of 'Imagine Cup' in August at Seoul, Korea for a prize money of $1,70,000 (about Rs 76,50,000).
US firms are seeking Indian engineers to work on technologies similar to their global counterparts
The second edition of the Microsoft Corporate Challenge began in Kochi on Friday with 34 teams from across India, representing various companies, including Infosys, Microsoft, Reliance Capital and Pepsi Foods, participating in the three-day event.
Nicholas Carr, a leading tech critic and former executive editor of the Harvard Business Review, believes that whatever the ultimate outcome of the transaction, the eagerness of Microsoft to launch such a bid "tells us a lot about the changing shape of business on the Internet and how competition is likely to play out in the future."
Microsoft has launched its first 4G device, the Nokia Lumia 638 with Windows Phone 8.1 at a price of Rs 8,299.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances