Business Standard

Debasis Mohapatra

Clarity over Brexit to push up client spends in UK, says Wipro CEO

The company is almost done with its internal restructuring and focusing on execution, Abidali Neemuchwala tells Business Standard

Clarity over Brexit to push up client spends in UK, says Wipro CEO
Updated On : 17 Jan 2020 | 12:24 PM IST

Coffee mogul VG Siddhartha, the businessman who brewed fortunes

People familiar with Siddhartha vouch for his simplicity and self-depreciating style

Coffee mogul VG Siddhartha, the businessman who brewed fortunes
Updated On : 30 Jul 2019 | 10:42 AM IST

I-T dept's action likely to delay Siddhartha's stake sale plans in Mindtree

Provisional attachment of some of his Mindtree shares could play spoilsport

I-T dept's action likely to delay Siddhartha's stake sale plans in Mindtree
Updated On : 27 Jan 2019 | 10:37 PM IST

Tax dept bars V G Siddhartha from selling Mindtree stake, attaches shares

A total of 7.49 million shares held by Siddhartha and Coffee Day Enterprises will face this prohibitory order for next six months starting from January 25

Tax dept bars V G Siddhartha from selling Mindtree stake, attaches shares
Updated On : 26 Jan 2019 | 5:16 PM IST

Cognizant is hiring sociologists and anthropologists to read clients' minds

Cognizant - completing its 25-year journey this Saturday - is one of the first firms in IT that has roped in doctors and paramedics to strengthen health care practices

Cognizant is hiring sociologists and anthropologists to read clients' minds
Updated On : 25 Jan 2019 | 12:17 PM IST

We are confident Siddhartha won't harm Mindtree: Exec chairman Natarajan

Mindtree Executive Chairman Krishnakumar Natarajan told Debasis Mohapatra that Siddhartha would not harm the company

We are confident Siddhartha won't harm Mindtree: Exec chairman Natarajan
Updated On : 24 Jan 2019 | 1:20 AM IST

Fairfax edges past L&T Infotech, Tech Mahindra in race for Mindtree stake

Mindtree's founders are unwilling to shed their holding as the mid-tier firm is showing a strong growth momentum

Fairfax edges past L&T Infotech, Tech Mahindra in race for Mindtree stake
Updated On : 23 Jan 2019 | 12:10 AM IST

IT firms looking at executing projects with a lesser number of employees

Large Indian firms see revenue per employee growing at a steady rate

IT firms looking at executing projects with a lesser number of employees
Updated On : 22 Jan 2019 | 11:41 PM IST

Wipro beats street estimates with better Q3 numbers, revenue guidance muted

Separation of India unit, revenue flow from Alight deal lift bottom line, margins

Wipro beats street estimates with better Q3 numbers, revenue guidance muted
Updated On : 19 Jan 2019 | 1:26 AM IST

L&T Technology Services revises revenue guidance upwards to 24% for FY19

In the third quarter-ended December, LTTS reported a net profit of Rs 185.6 crore, growth of 47 per cent over the corresponding period of the previous fiscal year

L&T Technology Services revises revenue guidance upwards to 24% for FY19
Updated On : 17 Jan 2019 | 10:17 PM IST

Marlabs looks at raising $40 million in PE investments to fund acquisitions

Marlabs was founded in 1996 by Siby Vadakekkara and with former iGate chief executive Phaneesh Murthy as a board member

Marlabs looks at raising $40 million in PE investments to fund acquisitions
Updated On : 17 Jan 2019 | 2:01 AM IST

Infosys posts 30% drop in Q3 net profit, but raises revenue guidance

The company, however, reported healthy top line growth in the quarter with revenues growing at 20.3 per cent on a YoY basis at Rs 21,400 crore while sequentially they rose by 3.8 per cent

Infosys posts 30% drop in Q3 net profit, but raises revenue guidance
Updated On : 12 Jan 2019 | 1:58 AM IST

Infosys announces buyback of shares worth Rs 8,260 cr at Rs 800 per share

The firm also announced a special dividend of Rs 4 per share to shareholders that would result in a payout of around Rs 2,107 crore

Infosys announces buyback of shares worth Rs 8,260 cr at Rs 800 per share
Updated On : 12 Jan 2019 | 1:22 AM IST

Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh

Around 70 per cent of the deals won in this quarter were renewals, while the remaining were new contracts, says Parekh

Confident of meeting guidance for this year: Infosys CEO & MD Salil Parekh
Updated On : 12 Jan 2019 | 1:17 AM IST

Angel tax effect: Equity stakes yielding ground to other funding avenues

Convertible debentures & preference shares have emerged as options of choice for new ventures because, apart from deferring valuations, they allow founders to retain a hold over their companies

Angel tax effect: Equity stakes yielding ground to other funding avenues
Updated On : 08 Jan 2019 | 12:18 PM IST

IT companies eye $80-billion pie as contracts up for renewal in 2019

Indian players traditionally quite active in deal renewal space

IT companies eye $80-billion pie as contracts up for renewal in 2019
Updated On : 07 Jan 2019 | 12:59 AM IST