To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT.
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
Angry over using his face in a mobile phone application without permission, veteran Australian batsman Ricky Ponting is mulling to sue an Indian software company, according to reports.
Advertising industry watchdog ASCI upheld complaints against 82 campaigns in June for misleading ads, including those of Flipkart, Uber, Snapdeal, Vodafone.
Kishore Biyani's Future Group will hive off its electronics business into a separate company, as continued promotions and increased competition are taking a toll on its margins.
As Japan makes frantic efforts to deal with the nuclear radiation leaks from the Fukushima Daiichi nuclear power plant in the aftermath of earthquake and tsunami, Indian information technology firms have begun relocating the families of their Indian employees in the country.
Headhunters and industry veterans reckon that as the job market opens up, the demand for non-engineering and other non-technical students is expected to be more than that was seen in the previous years.
Infotech czar Azim Premji on Thursday expressed concern over various scandals that have surfaced in the country during the last one year and said good leadership in politics, bureaucracy, business and society would help end corruption in India.
Most of the markets it is now looking at in hopes of gaining the next billion internet users have demographics similar to that of India.
Indian companies have raised $1 billion so far this year - almost four times what they raised last year.
So far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
Wipro, HCL in race for Sebi's fraud detection system upgrade,
Indo-City Infotech Ltd postponed the plan to sub-divide shares of Rs10 each into Re1 each.
The contract, according to the sources, include two different components - one for mainframe and IT infrastructure support and management.
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients.
Snapdeal also in talks with China's Alibaba and Taiwan's Foxconn to raise $1 bn.
Of late, card-issuing banks have started charging even for entry-level credit cards. So, how do you select a card? A ready reckoner.
Of late, card-issuing banks have started charging even for entry-level credit cards. So, how do you select a card? A ready reckoner.
In case they comply with the norms by April 14, they would not face trading suspension.
Honed and utilised in-house for over three years, the engineering major's new arm - L&T-Nxt - will focus on AI, IoT, vitual reality and cyber security among other fields of digitisation.
"What has changed in the last two quarters is that the markets have improved and deals are coming back. We see more deal-flows," Infosys' CEO and managing director, S Gopalakrishnan, told reporters on the sidelines of a CII meet in Mumbai on Wednesday.
Real estate players also report an increase in demand from the IT sector.
Indian small and medium enterprises (SMEs) are actively investing in building energy-efficient IT infrastructure and are ahead of their foreign counterparts, a survey said.
In what is the largest ATM outsourcing deal in the country, Axis Bank has entered into an agreement with two third-party service providers to increase its ATM count to more than 9,000 within the next 18 months.
Call it a revival of the information technology (IT) industry or increase in demand from non-IT sectors, office lease and sale transactions have picked up by 10 to 15 per cent in the past quarter.
The Job fair attracted many large companies such as W W Grainger, Allstate, PepsiCo, Tech Mahindra, L&T Infotech and L&T Technologies, who were the corporate sponsors.
Institutions in the field of education solutions to schools across Mumbai, need candidates for their software-based companies.
Sudip Banerjee, CEO, L&T Infotech talks about business post-Satyam, expansion plans and bigger acquisition targets.
The deal size could be in excess of Rs 2,000 crore, though this could not be verified. Sivasankaran had invested close to Rs 1,800 crore in 2007 to take a 41 per cent stake in Aamby Valley. The Sahara Group is the majority investor, with a 51 per cent stake.
Moving quickly to stabilise the fraud-devastated Satyam Computer, the government on Sunday nominated noted banker Deepak Parekh, IT expert Kiran Karnik and former Sebi member C Achuthan to the infotech company's board.
Larsen & Toubro, now one of Satyam's largest single shareholders with 4 per cent, sees a lot of synergy between the core strengths of the beleaguered software giant with those of L&T Infotech, its unlisted information technology subsidiary.
Ivide tries to tackle a lot of things but ends up satisfying none.
The survey covered around 3,000 units from sectors like textiles, gems and jewellery, metal and metal products, leather, automobiles, as well as infotech and business process outsourcing. The latest survey says total employment in the surveyed units was 15.72 million. This is less than the 16.2 million jobs in the same units seen in September 2008.
The contract, which involves upgrade of LIC's front-end IT application programmes to make these accessible through the web, is said to be worth about Rs 200 crore, and will be done over five years. It is understood that most large Indian IT outsourcing companies, including TCS, Infosys and L&T Infotech, had competed for the contract. It was considered prestigious, not because of its size but because it involved a prestigious public sector organisation like LIC.
Several companies have hit on the idea of offering college freshers pre-job training to make them more employable.
Even as India reacted strongly against the proposed changes in the US visa regime, trade experts said the country could do little in multilateral forums like the World Trade Organization to appeal against implementation of such measures.
Analysts believe that the worst might be over for Indian IT and the sector might just be entering a stabilisation zone. However, they caution that it will be at least a year before tech companies start growing again, even though the Indian economy might revive earlier on the back of strong consumer demand.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
President Barack Obama's Indian- American infotech czar Vivek Kundra was on Wednesday 'reinstated' to his job at the White House, five days after he went on leave following Federal Bureau of Investigation's raids at his previous office, in a corruption case related to employees working there.
The total market valuation of the BSE-listed companies surged to an all-time high of Rs 107 lakh crore on Thursday.
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