On April 24, Kanhaiya Kumar had alleged that Deka, working with a city-based software firm, tried to strangle him on board Pune-bound Jet Airways flight.
As bombs continue to fall in Iraq, protesters and patriotic hackers alike have stepped up their war of words on the Internet, defacing hundreds of US and UK corporate and government Web sites, a security expert said on Friday.
The industry has registered a 29-fold increase in patents over 2005-2008.
With the growing swine flu scare across the city, a number of IT-BPO service providers here are seeing up to 20 per cent drop in attendance.
The United States-based publishing software firm Adobe on Tuesday said it will add 100 professionals for its research and development activities in India in the next one year.
The hearing in the extradition case of Senthil Kumar, Chief of the Dutch subsidiary of Indian software firm i-flex solutions Ltd, has been postponed to May 2.
Senthil Kumar, chief executive officer of the Netherlands subsidiary of i-flex solutions Ltd, who was arrested on alleged violation of Dutch visa rules, was on Wednesday granted bail by a London court.
Software firm Mastek on Monday posted a 114.90 per cent increase in net profit at Rs 12.4 crore (Rs 124 million) for the quarter ended March 31, 2005 compared to Rs 5.77 crore (Rs 57.7 million) in the same quarter in 2003-04.
AAP leader Sanjay Singh said Kumar, who serves as Delhi Chief Minister Arvind Kejriwal's principal secretary, has a clean service record that spans over 27 years, in which allegations of corruption were never made against him.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
Shares of Infosys hit a five-month low of Rs 1,419.60, down 1 per cent on the BSE in Tuesday's intra-day trade. The stock was quoting at its lowest level since October 10, 2022. In past two days, the stock of information technology (IT) bellwether was down 4 per cent after the company on Saturday informed to the stock exchanges that Mohit Joshi, president of the company has resigned effective March 11, 2023. Mohit Joshi will be on leave thereafter and his last date for the company would be June 9, 2023, Infosys said in an exchange filing.
IndiaCo, a Pune-based equity investment firm, on Wednesday, said that it has received approval for $800,000 programme from the World Bank to improve its incubation and innovation centre and support upcoming companies in India and abroad.\n\n\n\n
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.
Software major Infosys, which has a robust cash chest for sure and made no secret of its intention to buy out companies with a strategic fit, is finding it difficult to acquire right firms at the right price.
In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
China is willing to encourage Chinese companies to invest in Indian industrial parks to produce personal computers, Internet equipments, cell phones and televisions.
The job of a prompt engineer does not necessarily require candidates to be trained in "hardcore" computer engineering skills. 'This is one of those rare jobs that opens the sector to the layman.'
With corporate establishments coming under terror radar, software giant Infosys Technologies in Bangalore on Friday became the first private setup to get the cover of the Central Industrial Security Force (CISF) which usually guards only government installations.
Newgen Software Technologies Ltd, a New Delhi-based information technology firm, has bagged a sub-contract to make Rashtrapati Bhawan paperless and "seamless" in the next 2-3 months
India's second-largest software services company, Infosys Technologies, for instance, plans to hire close to 30,000 this financial year.
App makers are passionate about developing for the Apple Watch.
An Indian company employing people of many nationalities was perceived to be improbable: Not any more.
Before Data Patterns developed an indigenous check-out equipment, Brahmos Aerospace was paying a Russian supplier three times what it will now pay the Indian company.
Backed by veteran industrialist Ratan Tata, auto portal CarDekho.com, has been revving up its operations in regions like South Asia.
'Companies are coming to the campuses, and we have companies booking their slots for the placement season, but the overall number of companies signing is low, and the hiring numbers are also lower.'
The IT industry, which has already taken a hit of more than Rs 500 crore in the second quarter because of the appreciating dollar against the rupee, will now be hit by adverse cross-currency movements even as they attempt to boost the share of revenue from the UK and the Eurozone. Unfortunately, the hit will be despite attempts by software makers to step up hedging in the pound and the euro. The IT industry earns about 60 per cent of its revenue from the US.
'As long as businesses do not consider cyber recovery an integral part of their enterprise IT, they remain greatly vulnerable.'
The acquisition will be conducted through a tender for all the outstanding shares of Infocrossing, followed by a merger of Infocrossing with a Wipro subsidiary.
Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.
Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
Notwithstanding the risk involved, analysts are upbeat on micro-cap investing as India remains in a firm bull market. Moreover, these stocks are available at relatively cheaper valuations compared to large, mid and small caps, assuring alpha returns. With a market-capitalisation (market-cap) of up to Rs 10,000 crore, micro-cap stocks are outside the purview of Nifty 500 stocks, and are ranked from 501 to 750 in the market-cap ladder.
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