Page 3458 - Company News

Indian IT companies' credit profile to be stable despite pressure: Icra

Growth of Indian IT services companies is impacted by lower demand led by uncertain macroeconomic environment: Icra

Wipro, Finland varsity sign pact to develop 5G, 6G wireless technologies

The University of Oulu is an international science university, which focuses on innovation for the future, well-being, and knowledge through research and education.

Infosys tops Rs 10,000-crore exports, becomes IT Ratna of Karnataka

IT Pride awardees included Oracle, Goldman Sachs, SAP Labs, and Intel, among others

Indian IT firms ramping up their presence in US, stepping up local hiring

Companies hiring more locals to work on future technologies, offer value-added services

Carlyle Group sells 3% stake in SBI Life in open market for Rs 2,800 cr

The shares were offloaded at an average price of Rs 938.83, valuing the transaction at Rs 2,816.5 crore, the data showed

Client insourcing hits BFSI revenues of big IT services companies

'Despite the insourcing by banking clients, we have found a balance in North America'

Consolidation to gather pace among domestic IT companies, says report

The agency said it has analysed 22 such mid-tier IT firms with turnover between Rs 1000 - Rs 10000 cr and found that there is a consolidation opportunity in Rs 33000 cr worth of market capitalisation

Why IT giants are cutting jobs at mid, senior levels

Besides increasing their fresher's intake, IT giants are also aggressively localising their workforce in the US, from where they draw at least 65 per cent of total revenue

Air India sale: Investor outreach on, meeting potential bidders, says Puri

Air India disinvestment: Making forward movement, seeking potential investors: Puri

Amid layoff reports, workers' unions to hold Tata Steel to its job pact

Tata Steel on Monday said it planned to cut 3,000 jobs at its European operations, as the sector wrestles with excess supply, weak demand and high costs.

Can Alternative Investment Fund be the way forward for family offices?

There is a small but marked difference between what Goenka is doing and the typical family offices

Jio joins Airtel, Voda Idea in raising tariff; higher rates in a few weeks

Bharti Airtel and Vodafone-Idea have announced plans to increase tariffs for customers from December 1

Customer engagement platform EasyRewardz gets funding from Flipkart

Other investors in the company include Venture Catalysts along with angel investors like Jitendra Gupta, Amrish Rau, Satyen Kothari, Ashneer Grover, Subrat Pani and others

CSB Bank announces launch of Rs 410-crore IPO, price band at Rs 193-195

The leading managers for the issue are Axis Capital and IIFL Securities

Hindalco betting on packaging, transport container segment, says official

As part of entering the packaging business, Hindalco recently partnered with the Jute Corporation to make recyclable packaging material

Ind-Ra lowers SAIL outlook to negative, affirms long-term rating at IND AA-

Ind-Ra expects SAIL's gross debt to remain flat in FY20

Perfios raises $50 mn from Warburg Pincus, Bessemer Venture and others

Perfios helps its clients reduce turnaround times and increase accuracy and efficacy of the credit decisioning process

Lupin launches generic drug in US for treatment, prevention of hypokalemia

The company had earlier received approval for the product from the United States Food and Drug Administration

ICRA downgrades Peninsula Land's debentures to 'C', cites debt servicing

The company, which is part of the Ashok Piramal Group, till July 2019 had Rs 2,310 crore in debts on a consolidated basis

Over 77,000 BSNL employees opt for voluntary retirement offer: official

The 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3