Page 10 - It Firms

Tech Mahindra to acquire Beris Consulting for around Rs 60 crore

IT company Tech Mahindra will acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euros or about Rs 60 cr through its German subsidiary, the company said in a regulatory filing

Persistent Systems to acquire SCI, Shree Infosoft for $60 million

IT firm Persistent Systems on Wednesday said its US subsidiary will acquire North Carolina-based Software Corporation International (SCI) and its affiliate, Fusion360 for $53 million

IT firms up the ante on sustainability projects, help clients cut emission

As per some estimates, the global Information and Communications Technology (ICT) sector emits 1.4% of world's carbon

HCL Tech, Munich Re in pact to digitalise workplace services in 40 nations

Financial details of deal not disclosed; HCL will modernise and standardise workplace services for more than 16,000 Munich Re employees

Cognizant revises guidance upward to 10%: But can it manage growth?

The company has spent $2 billion since 2019 to bolster its cloud and digital play through acquisitions

IT firm Capgemini raises 2021 targets on booming tech demand

French peer Dassault Systemes and U.S. rival Accenture also raised their 2021 forecasts

IT employees' organisation in Kerala to help freshers get jobs

Prathidhwani, a welfare organisation of IT employees in Kerala, has come up with a scheme to impart training in technology and required skill set to enable freshers to get jobs. "The scheme provides training in technology and skill set required by the companies and provides an opportunity for the freshers to find better employment. We also share applicants' profiles to companies as per their requirements," Raneesh A R, President of Prathidhwani at Technopark in Thiruvananthapuram, said in a release. Those who register on the portal, www.jobs.prathidhwani.org will receive notifications of various technology workshops organised by Prathidhwani every month. These training sessions led by domain experts are being organized free of cost, it said "So far, Prathidhwani has conducted 90 training sessions in various technologies," Raneesh said, adding that anyone can participate in this training which is conducted online. So far 35,600 people have applied for jobs through the

Coforge board approves proposal to raise Rs 375 cr via various instruments

IT firm Coforge Ltd, erstwhile NIIT Technologies, on Tuesday said its board has approved plans to raise up to Rs 375 crore through various instruments

Advance tax collection: Automobile, IT firms lead surge in April-June qtr

Maruti Suzuki, Hero MotoCorp, TCS, and Infosys reported a jump between 44 per cent and 200 per cent in the April-June quarter of this financial year on account of a low base

IT firms set to slash 3 mn jobs by 2022 due to automation, says Report

The move will help them save a whopping $100 billion mostly in salaries annually, report said

Non-IT leaders to build most of tech products by 2024, says report

Gartner anticipates that in 2023, $30 billion in revenue will be generated by products and services that did not exist pre-pandemic.

IT major Wipro appoints Anup Purohit as chief information officer

IT major Wipro on Friday said it has appointed Anup Purohit as its chief information officer (CIO)

Accenture's business grows at pre-pandemic levels, raises revenue forecast

The company's shares rose 4.1% to $275.05 in premarket trading

Haryana IT firms fear state's local hire law, predict severe impact: Study

80 per cent companies said that the law will hurt their business and investments plans, according to Nasscom survey

IT sector continues to see sequential growth in hiring in January: Report

The sector witnessed a 39 per cent growth in job postings in January compared to the previous month, according to a report

Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms

Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years

38% Indian women working in tech industry prefer working from home: Survey

Almost 38 per cent Indian women working in a tech or IT industry prefer working at home to working in the office, says a new survey

Mphasis reports 10.8% rise in consolidated profit to Rs 325.5 cr in Dec qtr

The company's net profit stood at Rs 293.6 crore in the year-ago period, it said in a regulatory filing

Cognizant to acquire US-based software firm Magenic for undisclosed sum

Magenic Technologies is a custom software development services company

TCS begins Q3 results season with a bang; net profit up 7.2% to Rs 8,701 cr

Firm signals return to double-digit growth next year