User: vj712 Topic: Tech-Companies
Category: Tech-Companies
Last updated: Oct 18 2017 21:54 IST RSS 2.0
 
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Captives expanding in India is good for us: Wipro 18.10.2017 News
IT service major Wipro says the rise in captives expanding their operations in India is an opportunity that would help deepen relationships with clients and offer services and solutions at competitive costs.India is witnessing a second wave of global firms looking to expand their captives and cut outsourcing to vendors such as Wipro as they look to build in-house capability in areas such as digital, analytics and cloud. This, they feel is core to their business which they want to retain instead of depending on third party vendors to deliver.Wipro said they would not look at competing with clients when they set up captives in India to reduce dependency on outsourcing rather "supplement" them in ensuring the same customer experience and cost benefit especially where they co-create. A lot of clients of Indian services companies such as Wipro, Infosys have of late started insourcing certain key technology services through their own technology units in India and the size of the market is ..
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Wipro Q2 profit up 5.6% to Rs 2,189 cr, beats estimates 17.10.2017 Business Standard: Front Page Headlines
The US business grew 0.5% over the previous quarter, while Wipro saw revenue from Europe grow 5.8% and Asia Pacific at 7.4%
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Indian IT's new hiring mantra: trained freshers 16.10.2017 Business Standard: News Now
Indian IT services industry is changing its hiring pattern to take trained graduates for entry level jobs on board as more companies see increasing demand for digital technology-enabled services.The $154 billion IT-BPM sector, which hired 1.7 lakh people last year, has created hundreds of thousands of employment for more than a decade and carried out bulk hiring from Indian college and university campuses. IT services and business process management (BPM) companies are slowly shifting its focus towards trained freshers and lesser training time at workplace, said industry body Nasscom. While software services companies such as TCS, Infosys, Wipro, HCL Technologies, Tech Mahindra and others are in talks of co-creating courses to equip freshers with the initial training; BPM companies are looking at industry ready talent who can be deployed on client's business operations faster than before. As more customers of Indian IT companies seek services to be delivered using artificial ...
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Digitisation pushes ITES cos to hire off campus 16.10.2017 Rediff: Business
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
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Indian IT firms to generate fewer jobs in next 6 months: Report 11.10.2017 All Current Affairs Stories
Professionals asked to upskill themselves as the industry gradually turns to automation
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Tech Mahindra hires 100 Americans at suburban Atlanta office 5.10.2017 Latest News
Mid-tier IT services company Tech Mahindra said it has hired more than 100 local employees at its Alpharetta office in suburban Atlanta to staff a project from a US-based company. Tech Mahindra joins larger peers such as Infosys, Wipro in ramping up local hiring in the largest software export market in the US. The company said it is one of the attempts to make Atlanta one of the largest offices in North America. Tech Mahindra is also engaging with startups in Atlanta and focusing on co-innovation or development of joint go-to-market products with the local startups especially in next generation technologies, solutions and platforms. With these 100 Americans joining the company, the company's total headcount at Alpharetta's office will become 600. The company said in a statement that it employs more than 2000 U S citizens across 19 states different locations and "actively recruiting from leading universities across North America". "We are proud of Tech Mahindra and its success here .
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Tech Mahindra hires 100 Americans to ramp up US presence 5.10.2017 ET: IETS
The hiring initiative is in response to a new contract for a major US company, Tech Mahindra said in a statement.
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Tech Mahindra hires 100 Americans to ramp up US presence 5.10.2017 All News-IANS Stories
In a bid to expand its operations in North America, IT major Tech Mahindra on Thursday announced that it has hired more than 100 local, full-time employees at its Alpharetta office in Atlanta.
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Lovable Lingerie surges 14% as company mulls share buyback 29.9.2017 News
The stock surged 14% to Rs 256 on BSE after the company said its board will meet on Friday, October 6, 2017 to consider the proposal for buyback of equity shares
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Accenture results reduce probability of negative surprises 29.9.2017 HBL: Markets
Accenture results has reduced the probability of negative surprises for Indian IT firms, according to Morgan Stanley. NSE's Nifty IT index edged down 0.2 per cent after rising as much as 0.5 per ce...
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BUZZ-Accenture results reduce probability of negative surprises for Indian IT firms - Morgan Stanley 29.9.2017 Sify Finance
** NSE's Nifty IT index edges down 0.2 pct after rising as much as 0.5 pct earlier in the session; on track to post a sixth straight session of losses
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Infosys executives receive objectionable mail; case registered under IT Act 28.9.2017 Business Standard: News Now
Mails sent to firms CFO M D Ranganathan and its head of investor relations- Sandeep Mahindroo
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Novartis India slips 8% as buyback price disappoints 25.9.2017 Market News
The board approved share buyback at a price of Rs 670 per share, against Friday's close of Rs 683 on BSE.
Indian, Chinese tech firms explore tie-ups 20.9.2017 All News-IANS Stories
Leading Indian software firms like Infosys, Wipro and Cognizant on Wednesday interacted with Chinese hardware firms to forge partnerships for collaborations in the seaport city of Dalian, according to a Nasscom statement.
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Indian, Chinese IT companies discuss avenues in artificial intelligence 20.9.2017 ET: IETS
The event is being attended by 30 delegates representing the Indian government and companies, while 50 delegates from the Chinese industry are participating in the event.
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Indian, Chinese IT companies discuss avenues in artificial intelligence 20.9.2017 Sify Finance
, Sep 20 (IANS) Several Indian and Chinese IT companies on Wednesday got together in China's port city of Dalian for cooperation in the field of artificial intelligence.
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IT firms cut flab, sack 3,000 in Q1 13.9.2017 Rediff: Business
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
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Infosys to hire 2,000 Americans for its innovation hub in North Carolina 12.9.2017 Business Standard: News Now
So far, India's second largest software firm has hired over 1,200 local workers in the US
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Growth to continue amid cost cuts, says Infosys 11.9.2017 News
The company has been able to maintain industry-leading growth due to strong operational efficiencies
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IT jobs: Infosys to hire 6,000 engineers over next 1-2 years 10.9.2017 All Companies Stories
At the end of June 2017, Infosys had a total of 1,98,553 employees on its payroll
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