'India is a big market for StanC, and it is also fastest growing economy in the world.'
The listed information technology (IT) subsidiaries of engineering giant Larsen & Toubro (L&T), LTIMindtree (LTIM) and L&T Technology Services, have seen sharp upmoves over the past fortnight, with returns ranging from 14 to 18 per cent. Both have outperformed the peer index, the National Stock Exchange Nifty IT, which has gained about 8 per cent, while the benchmark Nifty 50 is up 4 per cent during this period.
The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.
A start-up looks to build on its inventory management platform for bus operators and a ticketing portal for commuters.
In the past, BSNL had invested in IT, but it could never get the desired effect. In fact, a report pegged the company's expected 2010-11 losses to be over Rs 6,000 crore (Rs 60 billion).
Perceived till recently as low-budget and low-margin, the domestic market now means big business to Indian IT majors.
National Institute of Industrial Engineering invites applications for its two-year, full time residential Post-graduate Diploma in Industrial Engineering.
Data doesn't have to be the bane of your existence. In fact, it can be a tremendously powerful tool for managing your unite -- if you know how to sort through it and how to use it to improve performance. Recent insights into the art and science of performance measurement suggest five key steps.
Teledata Informatics Ltd on Tuesday said it has acquired US-based Alpha Soft Services Corporation through its subsidiary.
Big companies offer modular packages and consultancy offers; they offer EMIs too.
Future Group, the Rs 2,000-crore (Rs 20-billion) Indian retail giant, is set to invest close to Rs 400 crore (Rs 4 billion) over a period of three years to revamp its IT infrastructure.
The Centre for Development of Advanced Computing offers full-time modular programmes on Enterprise Resource Planning (ERP).
Hexaware Technologies, a provider of IT and BPO services, is planning to acquire an IT company in the US or Europe for $20-40 million
Teledata Informatics Ltd and Deloitte Touche Tohmatsu (India) Pvt Ltd have signed an agreement to jointly work for the development and implementation of TDIL's Enterprise Resource Planning solution for the education industry.
As part of its foray into enterprise resource planning, IT services provider Kanbay International has set up a centre of excellence for ERP at its centre in Hyderabad.
Information technology giant Tata Consultancy Services on Tuesday said it plans to develop a new facility in three phases at Gandhinagar, Gujarat.
Mahindra & Mahindra Ltd is to pick up a majority stake in US-based Bristlecone Inc, an enterprise resource planning company, through a new overseas joint venture company with an investment of up to $7 million.
The Railway Budget is progressive and wil ensure growth.
'You cannot take success for granted.' 'That's the most important lesson that you learn being an entrepreneur.'
On January 1, Anil Sinha, the new Director of the Central Investigation Bureau, gave a 40-minute "inspirational" speech to all his officials, setting the direction for the next two years of his tenure.
A GST roll-out by April 1 looks difficult, giving the companies some succour.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
The S&P BSE Sensex dropped 1 points to end at 26,396 and the Nifty50 slipped 2 points to end at 8,109.
Company plans to raise the contribution of Indian private sector to its revenue from about 15% to about 50% in two-three years.
It takes eight to nine months for developing a robust software from the time the rules are decided, warns Bharat Goenka, managing director of Tally Solutions, one of the entities entrusted as a 'Suvidha Provider' with developing ready software for customers to get them ready for the coming Goods and Services Tax.
Its newly-built Jigani kitchen in Bengaluru is piloting the use of technologies such as data analytics, blockchain and Internet of Things to speed up the huge volume of its operations while ensuring strict quality control, reports Samreen Ahmad.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
CBI sources said that Kumar has been charged with abusing his official position to award contracts to M/s Endeavour Systems Pvt Ltd and securing government tenders worth Rs 9.5 crore between 2007 and 2014 for the company.
With the advent of new banks, IT firms will get boostto their businesses.
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