The company has decided to consolidate its delivery functions horizontally
A survey of 300 engineering colleges revealed that only 29 per cent engineers are employable, while 30 per cent can be made employable after further studies, whereas 48 per cent are simply not employable
The average age should be around 35 years, the sources said, adding those older should be shifted to ground operations.
India's fourth largest software services provider HCL Technologies on Friday reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore (Rs 18.73 billion) for the first quarter ended September 30 on the back of strong growth in Europe and business services.
Company's revenue growth is likely to be volatile going ahead
Prime Minister Narendra Modi on Saturday visited the strategic Pathankot Air Force base for a first-hand assessment of the situation in the aftermath of the terror attack last Saturday.
While most analysts remain positive on TCS and Infosys, they are cautious on Wipro.
IGATE's shares closed on Nasdaq on Friday at $45.85.
While four of the directors would be nominated by Tata Sons, the other two would be representatives of Singapore Airlines.
The NSG, aided by the Garuds and the Army, conducted a chain of surgical 'step by step' operations to eliminate the six terrorists.
With references to politicians and bureaucrats coming up in the chopper scam trial in Italy, the Defence Ministry is expected to seek clarifications on the issue from alleged middleman Guido Haschke during the next hearing of the case there.
In another significant senior-level realignment at Infosys, V Balakrishnan, one of the two internal candidates being considered for the chief executive's post, has been given additional charge of the new utilities and resources vertical.
While some are raising questions over the company's ability to regain its position as the sector bellwether, others believe problems at the company may be "much bigger than anticipated".
Prime Minister Narendra Modi promised a conducive environment for manufacturers, including a discrimination-free tax system
The company is unlikely to continue with the CEO-COO model
Making a strong case for approval of their proposed airline JV, Tatas and Singapore Airlines have said that the venture would create significant job opportunities in India and would boost the country's image as an international investment destination.
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
Expect corporate houses to raise funds via IPO in second half of this year.
Abid ali Neemuchwala's ambitious plans for Wipro.
India should plan its strategies on the assumption that the rightward swing will stay and the West will retreat into an economic fortress, says Nitin Desai.
India's fifth largest software services firm Tech Mahindra will acquire global network services firm Lightbridge Communications Corporation (LCC) in an all-cash deal worth $240 million (over Rs 1,486 crore).
The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
He will get annual base salary of $1.3 million apart from bonus.
Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).
The national carrier has drawn a blueprint to cut the number of recognised unions in the airline from 15 to two -- one for pilots and another for the rest of the employees.
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
'If the RSS should be saluted for choosing such a scholarly statesman to address its highly trained cadre, one must also praise Pranab Da's sagacity for having gracefully accepting the invitation, thus disapproving any ideological apartheid,' says former BJP MP Tarun Vijay.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
The National Investigation Agency on Monday filed a chargesheet in the Pathankot airbase terror attack, naming Pakistan-based Jaish-e-Mohammed chief Masood Azhar and three others of his organisation as accused.
SpiceJet has cut costs to turnaround the carrier in a year's time.
Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
'The biggest struggles are in the human mind.'
'We owe our existence to the men in uniform, and we owe it to them to cleanse the armed forces by driving away every bit of corruption that eats into it,' argues Sudhir Bisht.
Your choice should be based upon your strengths and goals.
The industry employs about 10 million workforce.
'It was Dr B R Ambedkar's foresight which saved us from some marauding state political leaders who could have indirectly disfranchised large sections of our population as we see some attempts even now,' says V Balachandran.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
Ritu Jha/Rediff.com reports from California on the largest TieCon ever.
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