Page 18 - It Services

Wipro appoints ex-Walmart exec Subha Tatavarti as Chief Technology officer

IT services major Wipro Limited on Wednesday said it has appointed former Walmart executive Subha Tatavarti as its Chief Technology Officer.

Wipro names former Walmart and PayPal exec Subha Tatavarti as CTO

The appointment comes along with several other key ones that the company has made recently as its restructuring plan

FMCG's premium valuation over IT sector likely to shrink, say analysts

Strong growth for the tech sector, margin headwinds for FMCG firms to tilt the scale in favour of the former, say analysts

Accenture beats quarterly revenue estimates on strength in cloud

More businesses used its digital services to shift operations to the cloud

TCS looks for talent on the cloud, to create an algorithm-based marketplace

Firm has reimagined its HR strategy with a clear focus on skills

International tech firm Startek announces $30 mn investment in CSS Corp

Startek employs over 18,000 people in India across BPM centres and 40,000 in 13 countries.

Technology hiring consistently above pre-pandemic levels: Report

Digitisation has increased in the country due to the pandemic

IT giant Infosys to double Canadian workforce to 4,000 by 2023

Infosys on Thursday announced that it would be bringing 500 jobs to Calgary over the next three years

Infosys took journey to become 'Live Enterprise' 3 yrs ago: Nandan Nilekani

Firm's chief says Live Enterprise is an idea of how companies will be run in the future and a lot of it has come out of Infosys' own experience over the last three years

On track to bring in more new hires in Q1 2021 than ever before: Cognizant

Cognizant has stepped up its hiring efforts for both freshers and lateral hires in the country

Infosys McCamish acquires underwriting platform from STEP Solutions

Infosys McCamish Systems is a US-based subsidiary of Infosys BPM

Artificial Intelligence to transform businesses: Infosys President Joshi

Companies are going to change their dynamics from a cost and customer perspective in a big way, IT major Infosys President Mohit Joshi said

Peraton to acquire IT services provider Perspecta in $7.1 billion deal

Shareholders of Perspecta would get $29.35 for each share held, the company said, representing a premium of about 12% to stock's last close

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

New rules for H-1B visa mild negative for Indian IT services: ICRA

The proposed changes in H-1B application selection process are prospective in nature but will have a minor adverse impact on the margins of Indian IT services companies, ICRA said

IT companies revenues to grow up to 9% in FY22 on tech demand: Icra

Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said

Wipro Q3 net profit rises 21%, profitability at 22-quarter high

Dollar revenue growth highest in 36 quarters; firm has given an bullish outlook on revenue growth of 1.5-3.5 per cent for the March quarter

Infosys posts 16.6% net profit growth in Dec quarter, revises FY21 guidance

Large deals, digital growth drives outperformance

Infosys to acquire assets, onboard employees of Australia's Carter Digital

IT services major Infosys on Wednesday said it will purchase assets and onboard employees of Carter Digital, an Australian experience design agency. "This asset takeover strengthens Infosys' global design and experience offerings, demonstrates its continued commitment in bringing innovative thinking, talent and creativity to its clients, and provides effective global digital solutions," Infosys said in a regulatory filing. Carter brings to Infosys, experts in human centered design, experiential, enhanced digital transformation, customer interaction expertise, and will also cement WONGDOODY (an Infosys brand) into the Australasian market, it added. This is an asset purchase and the transaction is expected to close during the fourth quarter of fiscal 2021, subject to customary closing conditions. Together with Infosys' earlier acquisition of WONGDOODY that offers creative and marketing services, Carter brings complementary capabilities to help global CMOs and businesses thrive in a .

Cognizant India net profit declines 11.4% to Rs 5,455 crore in FY20

Net profit declined 11.4 per cent to Rs 5,455 crore in FY20 from Rs 6,160 crore in FY19