Rajeev Mehta, chief executive officer for IT services, explains to Business Standard that the company was faced with some client-specific issues, which led to this.
The dollar is king in an intermediate correction, says Sonali Ranade
He takes over from Ashutosh Vaidya, who will move into a full-time position as head of Global Delivery for Dell Services.
In an interaction with rediff.com, various TiE members expressed hopes of revival in the Indian economy after the formation of the new government.
Usain Bolt says he is not yet ready for a duel with Justin Gatlin.
There are few strategies to invest safely in a volatile market.
Estimates suggest Sina Weibo has over 500 million users.
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
Star Wars fans, who are eagerly awaiting the release of the seventh film in the saga, Star Wars: Episode VII - The Force Awakens, love to meet up and dress up as their favourite characters to watch the movies together and socialise.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Sebi has long struggled with balancing the needs of small investors and those of the market.
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
As billions of dollars flow into India's booming online economy, some investors are beginning to fret that soaring valuations could hamper market listings.
Bank shares were the top losers after sharp gains last week.
Even if the central bank doesn't pull the trigger later, it is still expected to by the end of the year.
Sources said the spin-off, a joint venture company, was yet to be named.
The digital opportunity is not just tech opportunity, but an opportunity to reinvent client business model.
The local markets are expected to react to global triggers until the government announces the Union Budget.
Firm evaluating options, could spend over $400 million.
Don't catch falling knives or chase bear rallies no matter how enticing those eight pc green blips look. They may be mouse traps, warns Sonali Ranade
Most e-commerce firms with 'Singapore holding structures' would opt out of the new Sebi platform
The launch kicks off a busy period for Waterloo, Ontario-based BlackBerry.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
Monsoon is expected to be normal in June.
IT firm iGate is planning to revamp its go-to-market strategy
Not just e-commerce players, even spirits majors are banking on artificial intelligence and chatbots to offer newer, quicker, smarter services. Shivani Shinde Nadhe reports.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
It is too early to say if we have seen the "final" bottom to these stocks in August 2013 or if another attempt to test them will be made before or just after elections, says Sonali Ranade.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
Bidders eyeing parts of Canadian smartphone maker than the whole company, say sources
Rajeev Mehta says the slow beginning in North America was primarily on account of some health care clients, evaluating the impact of the Affordable Care Act before deciding on their technology spending.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
In India, however, the Nifty continues to climb a wall of worry as general elections loom, fiscal deficit surges and the current account deficit is barely under control following subdued gold and crude prices, says Sonali Ranade.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
'Expectations were being built up about radical moves and the action plan did not disappoint.'
ShopClues does 1.5 million transactions a month and claims to have 40 million monthly visitors.
A serial entrepreneur and author talks about the mistake he made as a first time entrepreneur and the lessons he learned from it.
As his personal wealth started booming, Mallya went on a buying spree.
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