Page 19 - It Companies

Operating profit margins of TCS, Infosys decline to two-decade low

TCS & Infosys report average Ebidta margin of 27.6%, down from 30.1% last year

'Zzzzz … excuse me'

Why India must create new programming languages …

Bosch Global Software Technologies to set up new centre in Pune's Balewadi

BGSW plans to ramp up capability in Pune to 1,500 professionals in the first year of its operations and will focus on global projects delivery.

Q4 preview: IT companies may beat Ukraine crisis, inflation worries

Analysts believe top-line growth will be driven by broad-based demand

IT companies focus on reliable information for Ukraine: Google chief

Information technology companies are focused on providing reliable information and stymying Russian propaganda about the invasion of Ukraine, the CEO of Google and Alphabet Inc. said Tuesday

HCL Tech to provide global service desk, on-site support to Novo

IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk

TMS Ep134: Zomato delivery, IT majors, markets, hypersonic weapons

Is Zomato's 10-min food delivery a game-changer? What is attracting IT giants to smaller cities? Are the markets pricing in fuel-led inflation? What are hypersonic weapons? All answers here

What is attracting IT giants to smaller cities?

Tech companies are venturing into smaller cities in search of talents. And they are finding many in cities like Coimbatore, Bhubaneswar, Lucknow and Jaipur. What are the reasons for this trend?

Equinix to invest over USD 9 million for expansion in Chennai

The parcel of land located in State Industries Promotion Corporation of Tamil Nadu (SIPCOT), Siruseri on the Old Mahabalipuram Road, popularly known as the IT corridor of the city

Accenture Q2FY22 results and what it means for the Indian IT sector

Accenture's order wins, downward revision in Ebit margin, and the evolving Russia-Ukraine conflict need to be closely watched, said analysts

Coforge's promoter sells 10% stake in IT firm for Rs 2,560 crore

According to bulk deal data available with BSE, Hulst BV sold a total of 60 lakh shares, aggregating to 9.85 per cent stake in the company

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Info Edge acquires 76% stake in online dating firm Aisle for Rs 91 crore

Aisle had a turnover of Rs 7.56 crore in 2020-21, the filing said

HCL Technologies, IBM collaborate for telecom network solution

This CoE will help CSPs (communication service providers) modernise their network infrastructure, transform service delivery and simplify operations

Indian IT players to hire 360,000 freshers for FY22: Unearthinsight study

In order to retain talent, companies announced several measures like salary hikes, stock options, promotions, long-term incentives, higher skill increments, and upskilling/reskilling training

Indian IT crosses $200-bn revenue mark, hits $227 bn in FY22: Nasscom

The industry added 450,000 new hires in FY22, the highest ever taking the total direct employee base of the industry to 5 million.

Indian IT revenues grow fastest in a decade to $227 bn in pandemic-hit FY22

Nasscom, which has ceased to give a growth projection for the future, said that a chief executives' survey pointed to another growth year.

Gujarat eyes 8-fold rise in exports to Rs 25k cr with new IT policy

Aimed at promoting new SMEs, along with a few big projects, the policy looks to grow the current exports of roughly Rs 3,100 cr to Rs 25,000 cr in next five years

Q3 report card: Mid-cap IT services companies outdo large peers

These players also have managed the supply-side constraints

Global IT spending to reach $4.5 trillion in 2022, says Gartner report

With an increase of 5.1 per cent from 2021, the global IT spending is projected to reach $4.5 trillion this year, a new report has said.