Indian company Zensar Technologies has formed a joint venture with a Chinese software firm in Shenzhen that will boost the latter's bid to become a major global outsourcing centre.
Zensar Technologies on Friday said one of its main promoters Japan's technology services major Fujitsu Group is going to sell its entire 29.17 per cent stake to Indian promoter Goenka's RPG Group.
The company is planning to open a global development centre in Jordan.
Pune-based IT services and BPO firm Zensar Technologies posted a net profit of Rs 18.56 crore during the quarter ended September 30, 2008 a growth of 31.16 per cent over its net profit figure of Rs 14.15 crore reported during the corresponding quarter of the last financial year.
The RPG group has bought Fujitsu's 30 per cent stake in software and BPO services company Zensar Technologies.
The Nifty IT index hit a more than nine-month low, trading at its weakest level since April 17, 2025.
Dr Ganesh Natarajan will answer your questions as a Special Guru on rediffGURUS from May 26 to June 1. All you need to do is create your account on rediffGURUS and ask him what you want to know.
Dr Ganesh Natarajan, a special guest on rediffGURUS, has been addressing questions from Rediff readers, about how to grow professionally, how women can achieve leadership roles in Indian companies, and what it takes to succeed as an entrepreneur.
IT-BPO company Zensar to have 30% workforce based at home to cut office spends, draw talent
The Harvard Business School students will soon learn case studies based on success stories from India Inc.
Zensar Technologies, the Rs 900 crore RPG Group's software services company, expects Rs 200 crore from its domestic business this fiscal, up from Rs 40 crore last year. In an interview with Pradipta Mukherjee, Vice-Chairman and CEO Ganesh Natarajan says the company is on an expansion and hiring mode, defying the freeze in the industry
Ganesh Natarajan, deputy chairman and managing director, Zensar Technologies Limited has been appointed vice chairman, Nasscom for the current year.
Two-day event saw participation of venture capitalists, private equity funds, angel investors, etc.
Bombay Stock Exchange-listed Zensar grew 23 per cent sequentially last quarter. Natarajan says a lot of growth will come from the increasing use of IT within Indian companies.
With prominent Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys Technologies, Zensar Technologies and Satyam Computer Services increasing their presence in Japan, the world's second largest IT services market is becoming a lucrative market for India.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
Due to the over-heating of the valuations of companies in India, private equity player Electra Partners is giving greater emphasis to investments in South East Asia.
Cisco Systems Executive V-P and Chief Globalisation Officer Wim Elfrink said this after inaugurating a global delivery centre set up jointly by Cisco and Pune-based Zensar Technologies. Elaborating Cisco's future expansion plans in India, he added, "More than 20 per cent of Cisco's overall employee strength is based in India. The broadband penetration and networking infrastructure are very poor in this country.
What impact will the Budget have on the IT sector?
To increase local talent mix in the US like their major peer Infosys
Scam tainted B Ramalingham Raju to have tougher times ahead.
China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America
'Elevator rules deem no more than two people for a unit that carries six people, and as an employee enters the office, there are three masks to be used for five hours each a day, then disposed and one for the next day as well.'
It is the fundamentals of companies that will drive stock performance.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
Financials and auto stocks were the top losers while energy and IT shares recovered
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
Oracle has announced the availability of a hosted Enterprise Resource Planning solution for small and medium enterptises in India through its certified partner, Zensar.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Natco Pharma, Wockhardt and Marksans have rallied between 50 and 70 per cent in the year till date.
Experts say most IT companies give a list of do's and don'ts.
Information technology leader Ganesh Natarajan hailed N R Narayana Murthy's reappointment as executive chairman and additional director of Infosys on Saturday.
Ganesh Natarajan answered many IT-related questions during an hour-long rediff chat on Tuesday.