Vemuri holds about 400,000 shares in IGATE which, at an offer price of $48 apiece, will give him $19.2 million
Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
'India missed the software products revolution (and now is in danger of missing the platform revolution), complacent that we are the software experts of the world based on IT services prowess,' points out Rajeev Srinivasan.
Loses notional value by 37.5% because of markdowns by investors
Amazon is working on deepening its engagement with young technology companies in the country.
Most technology companies such as Infosys and Wipro, multinationals such as Amazon and IBM, and start-ups such as Flipkart have made the city their home thanks to its salubrious climate, cosmopolitan culture, and the ability to get talent locally
The $108 billion Indian IT-ITeS industry is also witnessing the rise of tier II and III cities like Kochi, Ahmedabad and Kolkata as product hubs.
Retail investors usually get caught up in the frenzy of a bull market and burn their fingers in IPOs, warns Tinesh Bhasin.
At present,Satish Khanna he is associated with companies such as Fullife Healthcare, Kagashin, Hi Tech, Provivi, Status Quo and Concord.
Companies like Ace Turtle are helping brands enable omni-channel retail, bridging the offline and online gap. Abhishek Jejani reports.
Experts say a lot of new wealth is being generated by promoters selling their stake.
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
In Mumbai, Xenium, an interactive digital agency, is launching a VR lounge later this month.
What work in Jaipur's favour are lower costs, a good talent pool, better quality of life, and proximity to the Delhi National Capital Region
Zoho founder and CEO Sridhar Vembu noticed that there was not much of a correlation between an employee's academic credentials and his performance at work.
Jaitley assured that both the banking system and the government will make the resources available to them.
Bengaluru has been ranked among top 20 technology-rich cities in the world in a survey done by Jones Lang LaSalle.
India's first true e-commerce marketplace is struggling for its survival and in it lies valuable lessons for pure play aggregators, say experts.
When Santosh Muruganantham quit his job in the United States to return to India, he knew he wanted to become an entrepreneur.
Sapience offers an innovative solution to measure the productivity of office and mobile workers, with almost no manual inputs from managers or employees, says Romita Majumdar.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
The manifesto was unveiled by Jayalalithaa at a public rally, in a departure from usual practice of release at party headquarters in Chennai.
Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Arnab Dutta traces how Bira 91 is already among the top two in the premium segment in all the cities that it is present in today and how it is giving larger brands Kingfisher and Budweiser a run for their market share.
Shortage of top engineering talent in Silicon Valley is inflating paychecks.
Investments in 2015 reach a record high of $46.4 million with 193 deals.
India-located funds have already raised $3.9 billion so far this year.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
An industry source said Reliance Industries did not have a controlling stake in Yatra.com through its acquisition of Network 18. It was just a financial investment.
Experts believe MNCs, which look for a strong foothold in the Indian kitchen appliances space, target the leading organised players in the industry.
The company is in talks with investors and the deal could be closed in a few weeks. At present, it operates in 37 cities in India.
Relations between founders and investors in the start-up universe - remains as tricky as ever.
Private equity players believe it to be lucrative to invest in designer labels.
The Forbes 5th annual '30 Under 30' list features 600 women and men.
The funds, some of which have invested in the NSE for almost a decade, want the exchange to list as soon as possible so that they can exit and pay back investors in their funds
Funding Indian start-ups has slowed down.
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