News for 'it-firms'

'Recession is temporary, your capability is permanent'

'Recession is temporary, your capability is permanent'

Rediff.com27 Apr 2020

'You need to polish your skills and be prepared to be an asset in the 'new normal' work environment.' 'Access MOOCs (massive open online courses) and keep your brain razor sharp, despite not having a job offer or having your job offer rescinded.'

Infy loses ex-CFO Rajiv Bansal's severance package case

Infy loses ex-CFO Rajiv Bansal's severance package case

Rediff.com18 Sep 2018

As per the award, Infosys is required to pay Bansal the outstanding severance amount of Rs 12.17 crore, with interest

Skill to succeed: How TCS is leading the hiring game

Skill to succeed: How TCS is leading the hiring game

Rediff.com23 Apr 2018

The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.

Infosys to open first overseas campus in China

Infosys to open first overseas campus in China

Rediff.com16 May 2015

Infosys to open first overseas campus in China

Tighter rules for Indian H-1B applicants

Tighter rules for Indian H-1B applicants

Rediff.com29 Apr 2019

It has been the preferred visa for Indian IT companies and has helped them keep costs down and gain a margin advantage over multinational players by sending engineers to the US.

TCS posts 1.3% QoQ rise in Q3 PAT

TCS posts 1.3% QoQ rise in Q3 PAT

Rediff.com11 Jan 2018

The company has declared a dividend of Rs 7 per share.

L&T announces Rs 5,030-cr open offer for Mindtree at Rs 980/share

L&T announces Rs 5,030-cr open offer for Mindtree at Rs 980/share

Rediff.com7 Jun 2019

The open offer is slated to commence on June 17 and close on June 28

Tracing the chequered life of V G Siddhartha

Tracing the chequered life of V G Siddhartha

Rediff.com31 Jul 2019

Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.

Become independent of visas and hire locally: Infosys

Become independent of visas and hire locally: Infosys

Rediff.com15 Apr 2016

The company's endeavour is to get independent of this visa matter as much as possible, Vishal Sikka said.

US plan to cap H-1B visas can be devastating

US plan to cap H-1B visas can be devastating

Rediff.com21 Jun 2019

The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.

As China melts, Tata Motors, few others brace for storm

As China melts, Tata Motors, few others brace for storm

Rediff.com9 Jan 2016

However, the IT firms will get some benefits, as software exports from their Chinese campuses will yield more in local currency

Drop in Infosys stock breeds caution among fund managers

Drop in Infosys stock breeds caution among fund managers

Rediff.com19 Aug 2016

Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July

How Mindtree plans to thwart L&T's takeover bid

How Mindtree plans to thwart L&T's takeover bid

Rediff.com22 Mar 2019

Mindtree plans to recommend to its investors not to subscribe to the open offer, citing low offer price, among key reasons. The founders were exploring several other options, including coming out with a counter open offer, with the backing of a financial investor.

The H-1B visa intrigue

The H-1B visa intrigue

Rediff.com1 Feb 2017

Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.

Indian companies to pay $4,000 more for H-1B visa fee

Indian companies to pay $4,000 more for H-1B visa fee

Rediff.com27 May 2016

Indian IT firms - which have to incur an additional burden of about $400 million annually - have called it "discriminatory".

Technical glitch at NSDL hits e-voting at many firms

Technical glitch at NSDL hits e-voting at many firms

Rediff.com13 Aug 2018

Cochin Shipyard, BASF India, Ingersoll Rand, Eicher Motors, Federal Bank, and Timken India are some of the firms where voting could have got affected, sources said.

3 sentenced to death in Nayana Pujari gang rape-murder case

3 sentenced to death in Nayana Pujari gang rape-murder case

Rediff.com9 May 2017

Pujari, who worked at an IT firm in Kharadi was kidnapped on October 7, 2009 evening from Kharadi bypass, while waiting for a transport to return home.

Can Anant Gupta continue Nayar's dream run at HCL?

Can Anant Gupta continue Nayar's dream run at HCL?

Rediff.com31 Jan 2013

Gupta has managed a great show until yet.

'My first salary made me financially independent'

'My first salary made me financially independent'

Rediff.com18 Jul 2019

Rediff readers share their interesting stories about the first salary and what it taught them.

Ishaat Hussain replaces Cyrus Mistry as TCS chairman

Ishaat Hussain replaces Cyrus Mistry as TCS chairman

Rediff.com10 Nov 2016

Hussain shall hold office as the chairman of the company until a new chairman is appointed in his place

Bombay HC upholds death penalty of woman techie's killer

Bombay HC upholds death penalty of woman techie's killer

Rediff.com20 Dec 2018

The judges described the convict as a 'menace to society' and said rising crime against women should be tackled on all fronts.

Xi meets Khan, hopes to improve Indo-Pak ties

Xi meets Khan, hopes to improve Indo-Pak ties

Rediff.com28 Apr 2019

Both leaders also exchanged views on the situations in South Asia, an official Chinese statement said about the meeting between Xi and Khan.

Wipro opens new technology arm in Texas

Wipro opens new technology arm in Texas

Rediff.com28 Mar 2018

The new facility that would house Wipro's US cyber security centre would also serve as a hub for advanced analytics

Manchester United signs deal with Indian IT giant HCL

Manchester United signs deal with Indian IT giant HCL

Rediff.com3 Sep 2015

English Premier League club Manchester United said on Wednesday it had signed a partnership deal with IT firm HCL Technologies to improve its website and app as it gears up to launch a new digital media strategy.

The H-1B visa blows keep coming

The H-1B visa blows keep coming

Rediff.com6 Apr 2017

Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.

India wants certainty, transparency in US visa regime: Nirmala Sitharaman

India wants certainty, transparency in US visa regime: Nirmala Sitharaman

Rediff.com21 Feb 2017

The proposed overhaul of popular H-1B visa regime may result in higher operational costs and shortage of skilled workers for the $110-billion Indian outsourcing industry.

L&T makes Rs 10,800 crore hostile bid for Mindtree

L&T makes Rs 10,800 crore hostile bid for Mindtree

Rediff.com18 Mar 2019

L&T -- which has two subsidiaries L&T Infotech and L&T Technology Services -- is keen to bring Mindtree under its fold to exponentially raise its client base and product offering.

H-1B visa row: Nasscom sees attempts to portray Indian IT negatively

H-1B visa row: Nasscom sees attempts to portray Indian IT negatively

Rediff.com12 Jun 2015

US is the largest market for the over $140 billion Indian IT services industry

US govt finds no violations in H1-B visa case: Infosys

US govt finds no violations in H1-B visa case: Infosys

Rediff.com8 Sep 2015

The US had initiated investigation against Infosys and its larger rival Tata Consultancy Services (TCS) for possible violations of H-1B visa rules in June.

Indian techie wanted for murder found dead in US

Indian techie wanted for murder found dead in US

Rediff.com27 Jun 2012

A 26-year-old Indian employee at an IT firm, who was accused of murdering an American woman, was found dead after he allegedly committed suicide due to suspected drug overdose at a New Jersey hotel.

Wipro net profit grows marginally, co unveils bonus issue

Wipro net profit grows marginally, co unveils bonus issue

Rediff.com25 Apr 2017

For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.

Does the Indian IT industry need trade unions?

Does the Indian IT industry need trade unions?

Rediff.com16 Jan 2015

Being leaders in compensation and benefits, collective bargaining for wages is a non-issue in the industry.

Hong Kong protests: A tech-driven cat-and-mouse battle

Hong Kong protests: A tech-driven cat-and-mouse battle

Rediff.com19 Aug 2019

Both protesters and the authorities in Hong Kong are using complex combinations of technology, reports Devangshu Datta.

India rebuts China's claim, says no reduction in troops at Dokalam

India rebuts China's claim, says no reduction in troops at Dokalam

Rediff.com2 Aug 2017

Sources also asserted that there was a "status quo" at the Dokalam for past six weeks.

Infosys appoints Salil S Parekh as CEO, MD

Infosys appoints Salil S Parekh as CEO, MD

Rediff.com2 Dec 2017

Parekh, who is joining the company from Capgemini, will take over on January 2, 2018..

IT layoffs: Getting skilled is the makeover mantra

IT layoffs: Getting skilled is the makeover mantra

Rediff.com26 Jul 2017

Building front-end and stitching it with back-end is a task that IT firms are learning the hard way, finds Raghu Krishnan.

Australia's visa move unlikely to impact Indian IT workers: Nasscom

Australia's visa move unlikely to impact Indian IT workers: Nasscom

Rediff.com19 Apr 2017

The new programme could bring in longer lead times and paperwork

TCS is the top employer in IT industry

TCS is the top employer in IT industry

Rediff.com25 Jul 2016

At the end of June, 2016, TCS had a total headcount of 3.62 lakh.

IT cos nervous as Trump gets ready to sign outsourcing killer

IT cos nervous as Trump gets ready to sign outsourcing killer

Rediff.com18 Apr 2017

Trump to sign an executive order aimed at achieving a more skills-based and merit-based immigration system.

Why Wipro will hire more freshers this year

Why Wipro will hire more freshers this year

Rediff.com24 Jul 2018

The company's decision comes when there has been a dip in intake due to tepid demand, increasing automation, reports Debashis Mohapatra.