Nasdaq-listed Infosys has said it was the failure of the state government in fulfilling the agreed conditions that led to the delay in executing its 448-acre IT Special Economic Zone project in Hyderabad.
Refining its inorganic growth strategy further after carrying out acquisitions in consulting and analytics areas down the years, Cognizant Technology Solutions is understood to be scouting for business process outsourcing firms specialising in insurance in the US and Europe.
"I think the Fed is out of control. I think what they're doing is wrong. Under the Obama administration, you had a lot of help because they had very little interest," Trump told reporters at the White House Thursday while responding to questions on the down sliding of the stock market for a second consecutive day.
A stake sale deal between Patni Computer Systems and iGate is on course, but has been delayed due to procedural issues.Sources involved in the deal said they include tax-related developments and offshore transaction fees.
Infosys Technologies Limited, a world leader in consulting and information technology services, will announce results for its third quarter ended December 31, 2005, on January 11
However, the Carlyle-Advent consortium could revise its bid upwards, said two independent sources tracking the deal.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
A R Rahman will be the second Indian artiste to perform at the UN General Assembly after M S Subbulakshmi.
Online services major Rediff.com India Ltd has won a cybersquatting dispute against a Pakistani person, who was using an identical domain name and illegally incorporating the Indian firm's trademark.
If the deal goes through this will be second deal for Ebix in seven months, having bought Centrum group's forex and travel business Centrum Direct for a reported Rs 1,2000 crore valuation last August.
While iGate leaps into the $1-billion club, the combined entity will have a larger offering, better pricing power and scope to improve margins. Nasdaq-listed software firm iGate's acquisition of Patni Computer Systems was received positively by the market. On a day when the Sensex was down 2.4 per cent, the Patni scrip closed 0.8 per cent higher at Rs 463.85.
Nasdaq-listed IT company Cognizant Technology Solutions Corp on Tuesday announced the acquisition of Pepperweed Advisors, the IT consulting services division of US-based Pepperweed Consulting, for an undisclosed sum.
Post-bribery disclosure, Cognizant is not pursuing greenfield expansion in the country and relying on leased facilities for new demands. The incident, which came to light in 2016, is also said to have claimed 200-300 jobs so far mainly in areas like administration, legal, and procurement.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
US markets jumped on Monday, taking the S&P 500 to its highest in four months. The Dow added 1.3% to 10,754. Nasdaq jumped 1.7% to 2,356.
Tidbits from the actor, who along with Kajol, are in the US to promote My Name is Khan.
Industry sources peg the IPO figure at $50-80 million (Rs 230-370 crore).
While the number of international MF schemes is increasing, so is the confusion for investors.
IT services followed by telecom are expected to lead the virtualisation wave considering their need for technology savings, Krishnan Thyagarajan managing director, India sub-continent, Quest Software, a NASDAQ-listed enterprise system management vendor, said. Quest's clients in India include Infosys, Wipro, Ranbaxy and Cummins.
Catch the latest updates from the awards function, real-time, as rediff.com reporters post them online from the venue. Follow the action and drama as they happen, only on Rediff.com's MyPage.
The NSE Nifty gained 25 points at 5259. The market breadth was strong. Out of 2974 stocks traded on the BSE, there were 1920 advancing stocks as against 982 declines.
Though domestic IT majors like Infosys Technologies, Tata Consultancy Services and HCL Technologies painted a gloomy picture of the IT sector in the coming quarters, technology bellwether Cognizant Technology Solutions and Genpact, India's largest Business Process Outsourcing firm, not only posted better results but have also given decent guidance to the markets.
The markets opened on bright note on Thursday morning after a holiday on Wednesday, however the joys were shortlived as the markets came tumbling down towards the close.
Nasdaq-listed Cognizant Technology Solutions, which did not complete the due diligence process for Satyam Computer Services, is understood to be back in the race to acquire the troubled software company.
McKinsey, RBS postpone placements by three to six months
The Sensex ended at 17,098, up 45 points. The broader-based Nifty shut at 5,116, up 15 points.
On the sidelines of 'Samvit 2009 -- The Leaders' Conclave' at IIM-Lucknow recently, Ajit Balakrishan tells Virendra Singh Rawat answered some issues that have dogged IIMs.
The Sensex finally ended at 16,053, down 231 points. The NSE Nifty finally settled at 4,751, down 76 points.
In My Name Is Khan, directed by Johar, SRK plays Rizwan Khan, a man with a form of autism that makes him a much misunderstood person. The 9/11 events indirectly affect millions of people across the globe, and Rizwan is one of them.
NSE Nifty closed at 4,867, up 14 points.
The NSE Nifty closed at 5235, up 25 points. The market breadth was strong. Out of 2969 stocks traded on the BSE, there were 1694 advancing stocks as against 1195 declines.
Unfortunately, investors know of bubbles only when it bursts! So how should you protect yourself from a bubble? Before that let us see what a bubble is and how it is formed?
The US markets closed in green on the first trading day of 2010 ,on the back of a spate of deals, soaring commodities and strong manufacturing data.The Dow Jones Industrial Average added 1.5% at 10,584 and the Nasdaq Composite Index was up 1.7%. The NSE Nifty closed at 5,278, up 48 points.
Nasdaq-listed Rediff.com will offer its customers the facility to communicate in 22 different regional languages from January 2009, company officials said.
The NSE Nifty put on 9 points at 5042. IT, metal and auto stocks exhibited strength.
EXLService Holdings, Nasdaq-listed business process outsourcing unit, posted a 77 per cent year-on-year fall in its net income for the quarter ended June 30, besides reporting a foreign exchange loss of about Rs 8 crore (Rs 80 million). Rohit Kapoor, the BPO's CEO and president, spoke to Kirtika Suneja on the road ahead in these challenging times.
With acquisitions the internet giant is trying to increase its presence in smartphones and tablets.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The NYSE accounts for more than 60 percent of S&P 500 volume at the close of the market
IT major Infosys Technologies Ltd is not seeing any trend towards downward pressure on pricing by clients, its CEO and managing director S Gopalakrishnan said on Wednesday. "We are not seeing any trend towards driving down pricing", Gopalakrishnan told reporters in response to questions on the sidelines of a press conference of The Indus Entrepreneurs (TiE).
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances