Page 8 - It Services

Wipro IT Services approves issuance of dollar denominated notes of $750 mn

Wipro IT Services, has approved a proposal for issuing US dollar denominated notes of up to USD 750 million

Tech Mahindra plans acquisition in Europe, hire 250 people in Nordic region

IT company Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares

Infosys co-founder SD Shibulal buys firm's shares for fifth time in May

Infosys co-founder S D Shibulal on Monday bought shares worth nearly Rs 93 crore of the firm through an open market transaction.

Leveraging cloud can yield financial gains of $414 bn: Infosys Cloud Radar

A strong profit link was identified when using cloud to rapidly bring new solutions and services to market

TCS on a strong growth trajectory: Chairman N Chandrasekaran to investors

The company said in its annual report for FY21 said that in a highly fragmented global IT services market, it has grown at twice the rate of market growth over the past decade

Wipro to vaccinate 100,000 employees and their dependents starting June

Ties up with top-tier hospitals and tech-enabled online-to-offline delivery platform specialising in primary care and urgent response services

HCL Technologies hires 1,000 technology professionals in the United Kingdom

The company also said in a statement that its CEO C Vijayakumar met UK Prime Minister Boris Johnson virtually in light of the current Covid-19 crisis.

HCL Tech to hire 1,000 technology professionals from cloud, AI field in UK

HCL Technologies said it is hiring 1,000 technology professionals to support its clients in the UK and around the world.

Aiming for predictable, sustainable and profitable growth at Zensar: CEO-MD

In a Q&A Ajay Bhutoria speaks about the new strategy he has rolled out the company, and how Zensar will address supply side issues

Cognizant reports good numbers in Mar quarter, revises revenue guidance

Net income for the first quarter of CY21 was $505 million, up 37%

We want to reimagine mobility, be the leader: KPIT Chairman Ravi Pandit

In this interview, Pandit talks about the shift the auto sector is seeing due to the pandemic, the rising demand for autonomous vehicles, and KPIT's trajectory on global automakers' digital road map

Wipro hits 52-week high as firm revises Q1FY22 revenue guidance

Wipro in an exchange filing earlier today said it expects revenue from its IT services business to be in the range of $2,324-$2,367 million during the first quarter of FY22.

Panasonic to buy US supply-chain software firm Blue Yonder for $7.1 billion

This is Panasonic's biggest acquisition in a decade,

New US rules restricting usage of Chinese IT to impact 4.5 mn cos: Report

The companies operating in America will have to ask permission from the US government to use information technology equipment and services from China

Will TCS maintain lead over IT peers? Here's what to expect from its Q4 nos

TCS Q4 Preview: Analysts expect TCS to report a 9 per cent year-on-year (YoY) growth in revenue (in rupee terms) for the March quarter

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