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Intellect Design Area up 5% on listing; Polaris zooms 16%

Intellect Design Arena, the demerged BFSI focused product company from Polaris, listed on the stock exchanges today.

Today's picks- 16 December 2014

16 Dec 2014

Nifty, Bank Nifty, Sesa Sterlite, Cairn, TCS

Tech Mahindra comes a step closer to 2015 goal

16 Dec 2014

After the acquisition of US-based LCC, it needs one more big-ticket acquisition to become a $5-billion company

Zylog ropes in Kumar Ganesan as CEO for North America

16 Dec 2014

Zylog Systems, Chennai-based IT services provider, has roped in Kumar Ganesan as the new CEO for North American operations

IT shares gain as rupee hits 13-month low

16 Dec 2014

TCS,Inofsys, HCL Tech, Tech Mahindra, Mindtree, CMC and Hexaware from CNX IT index are up 1-3% on NSE.

Mastek extends rally on fund buying

16 Dec 2014

On December 15, 2014 Sundaram BNP Paribas Simple Fund bought 197,747 shares of Mastek at Rs 309.98 on the NSE.

Murty says his blueprint could do to IT what Henry Ford did to cars

16 Dec 2014

Says Infosys entry was never part of his life's ambition

If my father was 58, and not 68, I would not have come: Rohan Murty

16 Dec 2014

When Rohan Murty joined Infosys Technologies in June last year, with father N R Narayana Murthy's return as executive chief, the move triggered ...

TCS tanks 4% on revenue concerns

15 Dec 2014

Shares of Tata Consultancy Services (TCS) fell four per cent on Monday on worries growth may be muted after the company had said it expected ...

CCI rejects case on excise department and TCS

15 Dec 2014

Fair trade regulator CCI has rejected allegations of anti-competitive conduct against the excise department and TCS in connection with a ...

Infosys employee among hostages at Sydney cafe

15 Dec 2014

Even as the hostage scenario unfolds at Sydney, Australia, India's second largest IT services provider Infosys confirmed that one of its ...

R Systems International surges 25% in three-days on share buyback plan

15 Dec 2014

The board will meet on December 20, to consider the shares buy-back proposal and declaration of fourth interim dividend.

CNX IT index down over 1% post TCS business update

15 Dec 2014

TCS, Hexaware Technologies, Tech Mahindra NIIT Technologies and CMC were down between 3-4% on NSE.

Mastek rallies on merger of Cover-All Technologies with Majesco

15 Dec 2014

The stock rallied 16% to Rs 314 on National Stock Exchange on back of heavy volumes.

TCS hits four-month low as currency impact to hurt Q3 dollar revenue

15 Dec 2014

The stock dipped 4% to Rs 2,355, its lowest level since July 21, 2014 on NSE,

TCS expects to exceed hiring target for FY15

13 Dec 2014

Tata Consultancy Services, the country's largest information technology services company, said it expected to exceed its hiring target for the ...

TCS maintains status-quo for third quarter

13 Dec 2014

Cross currency movement to impact US dollar revenue growth

TCS expects to exceed hiring target for FY15

12 Dec 2014

Tata Consultancy Services, India's largest IT services company on Friday said that the company expects to exceed the hiring target set for the ...

TCS plans to restructure workforce, move may impact senior employees

12 Dec 2014

Move to keep pace with tech landscape; senior employees might be affected

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