The Anil Ambani group on Friday said that it has identified the stockbrokers behind the spread of malicious rumours and 'baseless sensational charges' against it and sought immediate action by the Securities and Exchange Board of India against the perpetrators.
There were speculations that BT may exit in view of likely merger of Mahindra Satyam and Tech Mahindra.
Ashok Soota, former chairman of IT firm MindTree, on Thursday sold half of his 11.4 per cent stake in the company in a block deal.
Qureshi, 46, had been on the run since 20 blasts ripped through Gujarat's main city Ahmedabad on July 26, 2008, killing more than 50 people
He was arrested after a 'brief exchange of fire'.
The rupee had closed with a gain of 12 paise on Friday.
US-based iGate on Monday said it has acquired nearly 63 per cent stake in country's sixth largest IT firm Patni Computer Systems for $1. 22 billion.
Rather than creating hurdles, America and Europe must thank Indian IT firms for coming to their rescue and increasing the productivity of their corporations, says Sanjiv Kataria.
In forward market today, premium for dollar declined on sustained receivings from exporters.
As it firms up its telecom re-entry strategy, Reliance Industries subsidiary Infotel Broadband has told telecom tower companies that it will pay only half the prevailing rental for towers taken on lease.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
The Foreign Ministry also posted a 15-page fact sheet with maps and other details about the standoff since it began on June 16.
Posco ICT is the IT arm of South Korean steel giant Posco, which proposed to set up a 12 million-tonne steel plant near Paradip.
Mid- and small-cap companies seem to have done better than top-tier companies
This is the company's first business process outsourcing centre in the South-East Asia and the latest addition to the company's Global Network Delivery Model, Tata Consultancy Services said in a filing to the Bombay Stock Exchange.
HR can make better hiring decisions with solutions powered by robotics & machine learning.
Banking, financial services and insurance segment have emerged as the "hottest" space in IT services industry with top companies acquiring smaller firms that have carved a niche in various segments of the BFSI space, according to industry officials.
The new service will enable Tata DcCoMo to provide anytime, anywhere electronic talk time recharge, bill payment and other value-added services.
On Thursday, the rupee jumped 50 paise to close at 62.67 against the Greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
'If only Cariappa/Thimayya/Chaudhari/Manekshaw were given a free hand, there'll be no PoK, the Chinese would have been taught a lesson, 1965 would have slain the Pak demon and in 1971 just another fortnight's fighting after Bangladesh and West Pakistan would have been occupied.' 'No authoritative military account suggests anything remotely like any of these...' '...Chronologies, names, even periods get mixed up, but, never mind, because the point -- strong Army denied by cowardly Congress -- is made.' 'This is where Modi is coming from,' points out Shekhar Gupta.
Eleven more people died in Uttar Pradesh as the intense cold wave sweeping north India maintained its firm grip over the region with Kargil town in Jammu and Kashmir freezing at minus 16.4 degrees Celsius.
IT stocks saw massive selling pressure on Monday, falling as much as 6 per cent, after the rupee surged to 58.37 against the US dollar intra-day.
Concerns have been raised over rising unemployment in the US and Obama's visit to India was expected to see issues around outsourcing being discussed.
Raju, the prime accused in the accounting scam in the IT firm, made his fifth appearance in the XXI Additional Chief Metropolitan Magistrate court, after he got bail from the Andhra Pradesh high court.
Ola cabs impressive response to a rather partisan request from a Hyderabad-based customer has won a million hearts
A local court in Hyderabad on Thursday put the hearing of arguments on framing of charges against former Chairman of Satyam Computers B Ramalinga Raju and nine other accused in the multi-crore accounting scam in the IT firm to August 24.
Father of a woman software engineer, whose burnt body was found on the outskirts of Mumbai, on Friday met Home Minister Sushilkumar Shinde and demanded justice, saying no parent should have to face the trauma he had to face while searching for his daughter.
He said his administration is going to enforce 'Hire American' rules that are designed to protect jobs and wages of workers in the United States.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Construction will commence in 2011-12 and be completed in three years. TCS is the second IT firm to set up such a facility after Bengaluru-based Infosys Technologies inaugurated its campus in Mysore last year.
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
'If you are so blinded by the Buy American, Hire American policy, if you are not going to be fair, consistent and welcoming, in the end America will lose out.'
India's second-largest software services company, Infosys Technologies, for instance, plans to hire close to 30,000 this financial year.
With China emerging as the second largest economy after overtaking Japan, the ruling Chinese Communist Party made a surprise promise to loosen its firm grip on power structure saying that the gains made out of the economic reform would be lost without political reforms.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances