News for 'it-firms'

Your Facebook wall can make or break your career

Your Facebook wall can make or break your career

Rediff.com5 Nov 2013

Recruiting agencies both national and international are looking at your social media profiles to find out if you are fit to be hired. What are they looking for and what must you do to make the most of the opportunity?

Don't fear visa curbs, hire locals, says Narayana Murthy

Don't fear visa curbs, hire locals, says Narayana Murthy

Rediff.com6 Sep 2013

Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.

Co-founders to decide on Nilekani's return to Infy: Pai

Co-founders to decide on Nilekani's return to Infy: Pai

Rediff.com24 Aug 2017

Pai said more and more people -- whether they are employees, or investors or others -- are coming to the conclusion that this Board has to go and a new one has to come.

Infosys hikes salaries by 8%

Infosys hikes salaries by 8%

Rediff.com13 Jun 2013

Last year, salary increases were given only in October, when the company came under pressure from increments offered by peers.

'Steep' decline in H-1B visas applications this year: USCIS

'Steep' decline in H-1B visas applications this year: USCIS

Rediff.com18 Apr 2017

The United States Citizenship and Immigration Services, the federal agency which receives and determines the successful applications for H-1B visas, said yesterday that it received 199,000 H-1B applications for the 2018 fiscal year.

Didi accuses BJP of killing 2 students as violence mars Bengal bandh

Didi accuses BJP of killing 2 students as violence mars Bengal bandh

Rediff.com26 Sep 2018

Scattered incidents of violence, including torching of buses and clashes, occurred and 1,600 people were arrested during the 12-hour bandh.

As Ritika Suri quits Infosys, Sikka faces drain at the top

As Ritika Suri quits Infosys, Sikka faces drain at the top

Rediff.com20 Jul 2017

She was among the key executives brought in by Sikka from SAP and was overseeing large deals

Rupee down 10 paise Vs dollar in late morning deals

Rupee down 10 paise Vs dollar in late morning deals

Rediff.com5 Jul 2013

The rupee had strengthened by eight paise to close at 60.13 a dollar on Thursday, following firm local equities and fresh currency sales by exporters.

Should Infosys go back to Nandan Nilekani?

Should Infosys go back to Nandan Nilekani?

Rediff.com18 Aug 2017

Nilekani has kept pace with technology advances, has been instrumental in digitalising the country, and is well-networked with the bureaucracy and global leaders

Oracle to sell 5.3% stake in financial arm

Oracle to sell 5.3% stake in financial arm

Rediff.com8 May 2013

Oracle will reduce its current 80.3 per cent ownership stake in OFSS, a provider of IT products to the financial services industry globally, to 75 per cent in order to meet regulatory requirements adopted in India in June 2010, the company said in a statement.

Infy's top leadership sees pay revision, COO may take home Rs 8 cr

Infy's top leadership sees pay revision, COO may take home Rs 8 cr

Rediff.com14 Oct 2016

The Bengaluru-based firm has also inducted founder and CEO of Surya Software Systems D N Prahlad as an independent director on its Board, effective October 14, 2016.

Modest sequential Q4 revenue growth for IT cos

Modest sequential Q4 revenue growth for IT cos

Rediff.com14 Apr 2016

Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.

Chennai floods to impact margins by 100-120 bps in Q3: Mphasis

Chennai floods to impact margins by 100-120 bps in Q3: Mphasis

Rediff.com20 Dec 2015

The unprecedented rainfall in Chennai during the first week of December and the resultant flooding had impacted the business operations of companies operating in Chennai

As power shifts back to Bengaluru, Infy may hire less in US

As power shifts back to Bengaluru, Infy may hire less in US

Rediff.com29 Aug 2017

Firm's dented image following Sikka's exit could bring down revenues in the margin rich US market and force Infy to hire fewer Americans, as hiring locals in developed markets comes at a cost.

Rupee firms up 36 points vs dollar in late morning deals

Rupee firms up 36 points vs dollar in late morning deals

Rediff.com28 Jun 2013

Crude oil prices rose in Asian trade on Friday after a brief dip as dealers digested upbeat US economic data and comments from a Federal Reserve official that its stimulus programme will not end soon, analysts said.

IT professionals: The new face of labour unions

IT professionals: The new face of labour unions

Rediff.com6 Jun 2017

The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.

Nilekani hails Murthy, calls him 'father of corporate governance in India'

Nilekani hails Murthy, calls him 'father of corporate governance in India'

Rediff.com25 Aug 2017

The new chairman of the country's second-largest IT firm acknowledged that he is an "admirer" of Murthy, saying the "iconic visionary" is the father of corporate governance in India.

Rupee rises for 2nd day, up 8 paise to 68.07

Rupee rises for 2nd day, up 8 paise to 68.07

Rediff.com25 Jan 2017

Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.

World Bank bars Satyam for 8 years

World Bank bars Satyam for 8 years

Rediff.com24 Dec 2008

Foxnews.com on Tuesday reported that the World Bank ban started in September this year "due to alleged malpractice's including bribery". The news report said the World Bank debarment -- the harshest sanction ever made by the bank since 2004 -- was meted out for 'improper benefit to bank staff' and 'lack of documentation on invoices'.When contacted, a Satyam spokesperson said that "the company does not comment on individual clients".

iGate's next big ambition

iGate's next big ambition

Rediff.com8 Mar 2013

It wants to increase its revenue to $3 billion by 2017 from $1 billion now.

Indian IT cos shut down in hurricane-affected areas

Indian IT cos shut down in hurricane-affected areas

Rediff.com31 Oct 2012

Companies say they have ensured that services to clients remain unaffected.

'M Satyam is being penalised for picking up victim'

'M Satyam is being penalised for picking up victim'

Rediff.com24 Jan 2013

The company, which is one of the strategic partners for WEF annual meeting at Davos, hosted one of the first company receptions for this year's meeting on January 22.

Congress backs government on Insurance Bill at panel meet

Congress backs government on Insurance Bill at panel meet

Rediff.com3 Dec 2014

The Left parties, Janata Dal (United), and two other Opposition members on the committee opposed raising the foreign direct investment limit in the insurance sector from 26 per cent to 49 per cent.

100% stock options to Cognizant employees if...

100% stock options to Cognizant employees if...

Rediff.com5 Dec 2012

Nasdaq-listed IT firm Cognizant on Wednesday said it will pay its senior executives 100 per cent performance-linked stock options if the company's revenues touch $8.51 billion in fiscal year 2013.

Tech Mahindra to set up healthcare unit with $79 mn outsourcing deal

Tech Mahindra to set up healthcare unit with $79 mn outsourcing deal

Rediff.com25 Jun 2015

Rivals like Cognizant Technology Solutions Corp and Infosys Ltd have also sharpened focus on the healthcare sector

Rivals woo Satyam clients, staff: Forrester

Rivals woo Satyam clients, staff: Forrester

Rediff.com9 Jan 2009

Satyam is likely to see its clients as well as employees deserting it soon due to the competitive wooing by rivals and top IT firms like Infosys would continue to shore up their market share, analysts at Forrester Research said in a report. "Many employees told Forrester that it's too early to comment, but they will weigh their options almost on a daily basis," they added.

Lax attitude towards data security could cost India Inc dear

Lax attitude towards data security could cost India Inc dear

Rediff.com14 May 2018

A large number of large and small businesses process EU data, have customers from the EU or have access to data of EU citizens in one way or another.

Why buying TriZetto is a pretty smart move by Cognizant

Why buying TriZetto is a pretty smart move by Cognizant

Rediff.com3 Jan 2017

The acquisition has opened a market to 245,000 healthcare providers, 350 payers (insurance firms) and 180 million lives.

Rough ride ahead for infotech majors

Rough ride ahead for infotech majors

Rediff.com13 Dec 2008

US Senate's rejection of a bailout package for auto firms to impact revenues. None of the IT firms give any break-up of the exposure to the auto industry, but analysts said TCS offers services to clients such as Chrysler, Ferrari and Nissan.

Hyderabad drug racket: Telugu filmmaker quizzed for 10 hrs

Hyderabad drug racket: Telugu filmmaker quizzed for 10 hrs

Rediff.com20 Jul 2017

Puri Jagannadh also gave his blood sample.

MphasiS to acquire Digital Risk for $175 mn

MphasiS to acquire Digital Risk for $175 mn

Rediff.com3 Dec 2012

IT firm MphasiS on Monday said it will acquire US-based Digital Risk for $175 million (about Rs 960 crore), a move that will help it attain leadership position in the US mortgage services market.

Mohd Siraj: Journey from Rs 500 to Rs 2.6 cr

Mohd Siraj: Journey from Rs 500 to Rs 2.6 cr

Rediff.com20 Feb 2017

Mohammed Siraj has landed a Rs 2.6 crore deal with Sunrisers Hyderabad, thanks to a brilliant first class season that saw him get India 'A' and Rest of India call-ups.

WARNING! Mid-level techies may become irrelevant

WARNING! Mid-level techies may become irrelevant

Rediff.com14 Jul 2017

A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.

2 arrested for raping Class XI student in Delhi

2 arrested for raping Class XI student in Delhi

Rediff.com2 Jan 2013

Two men were arrested in New Delhi after a 17-year-old complained on New Year's eve that she was raped allegedly by them earlier, police said on Wednesday.

Review: My Boss is a loud copy of a Hollywood film

Review: My Boss is a loud copy of a Hollywood film

Rediff.com12 Nov 2012

Starring Dileep and Mamta Mohandas in the lead the film is just another loud gender war.

US court dismisses case against H-1B lottery system

US court dismisses case against H-1B lottery system

Rediff.com29 Mar 2017

The ruling by a federal judge in Oregon means that there will be no change in the H-1B visa issuance process for the fiscal 2018 which begins on April 3.

Hyderabad: Rains force schools, colleges to shut; army called in

Hyderabad: Rains force schools, colleges to shut; army called in

Rediff.com23 Sep 2016

Following the heavy downpour which crippled normal life, the state government has declared a holiday for educational institutions in Hyderabad on Friday and Saturday.

Law student gang-raped at Bangalore University campus

Law student gang-raped at Bangalore University campus

Rediff.com15 Oct 2012

A 21-year-old student of National Law School was allegedly raped by an eight-member gang inside the adjacent Jnanabharathi campus of Bangalore University, police said on Monday. The second-year student, staying in the university hostel, in her police complaint said the incident took place when she had went out with her boyfriend, who works with an IT firm, on Saturday night.

Not all Americans have good job skills: Trump aide

Not all Americans have good job skills: Trump aide

Rediff.com23 Mar 2017

We need to make better efforts to align job training with the skills the market demands of its workers, especially as advancing technology changes the types of jobs available in our economy: Alexander Acosta.

HCL counters Infy bid for UK-based Axon

HCL counters Infy bid for UK-based Axon

Rediff.com27 Sep 2008

Raises offer 8.3 per cent; Infosys says it is 'considering its position'.