Page 4 - It Firms

IT firm Coforge's Q4 net profit increases by 56.16% to Rs 207.7 crore

Revenue from operations during the quarter increased to Rs 1,742.9 crore from Rs 1,281.5 crore in the corresponding quarter of 2020-21

4 CBI officers arrested for conducting fake raid on IT firm in Chandigarh

Senior CBI officials said as part of the agency's zero-tolerance towards corruption policy, strictest possible action will be initiated against the accused officials

Tech Mahindra to completely acquire Thirdware for Rs 320 cr

The acquisition is expected to bolster Tech Mahindra's digital solutions and services in automotive consulting, design, and development

Top headlines: IT firms fight to keep talent, Tata firms shine under chief

Budget wish list: Citizens seek jobs, support for small biz and lower tax. More in today's top headlines

Beating high expectations critical for further gains in midcap IT stocks

While the overall growth outlook is positive, there are headwinds for margins and valuations are at premium to large-cap IT firms

Amid Covid surge, IT firms in Hyderabad may stick to hybrid work model

As 2021 draws to a close with the threat of a third wave of Covid, plans of IT companies for a partial return to office by middle of 2022 may be delayed and the year is likely to see a hybrid model

Top-5 IT firms to rent 12 mn sq ft office space on robust hiring: Report

Co-working spaces to see demand because the challenges of the pandemic continue with discovery of new variants such as Omicron

Relisted on October 22, 3i Infotech hits seventh straight upper limit

InGovern calls the company 'a case study of restructuring'; firm had emerged out of bankruptcy after both shareholders and lenders agreed to massive haircuts

Over 50 Indian IT companies showcase products at Dubai trade show

Gitex Global, dubbed as the world's biggest technology show, is being organised from October 17 to 21 at the Dubai World Trade Centre

Q2 results: IT majors poised for gains on Infosys, Wipro guidance

Strong deal wins are likely to keep revenue growth elevated

Deal pipeline is bigger than ever before: Wipro CEO Thierry Delaporte

Delaporte speaks about the company's deal pipeline, the need to lower attrition, and how the firm plans to chart its growth path

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