It Companies

KPIT Technologies announces acquisition of UK-based SOMIT Solutions

STRAP: The total value of the acquisition will be around GBP 7.68 million (around Rs 75 crore)

Infosys reappoints Salil Parekh as CEO and MD for the next 5 years

Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years

ATM player CMS Info Systems' Q4 net rises 14% to Rs 64 cr in March quarter

The revenues of CMS info Systems rose by 22 per cent to Rs 1,589.7 crore in FY22 from Rs 1,306 crore in FY21

Second innovation hub in US to strengthen TCS lead position in market

Firm hires over 7,000 in the US in FY22; numbers may go up in FY23

Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore

IT company Cyient on Thursday said it will acquire Singapore-based Grit Consulting for $37 million in an all-cash deal.

IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr

Cyient said that it will be the largest outbound acquisition by an Indian engineering services company and even the company's largest acquisition to date

Despite good prospects, valuations concerns may cap upside in L&T Infotech

L&T Infotech's new deal wins and pipeline indicates strong demand environment.

NITES files complaint against Infosys over employment clause for staffers

NITES has raised a complaint against IT giant Infosys with the Centre over the contract guidelines for restricting former employees from working with competitor

Market outlook: What will dictate market trend this week?

The Q4 numbers and rising bond yields kept market sentiments subdued last week. Analysts expect the upcoming trading sessions to be volatile for equities as well because of global headwinds

TMS Ep152: IT skills, Elon Musk and Twitter, Markets, Iron Beam

Which IT skills can land lucrative job offers? Will Twitter purchase add to Elon Musk's India troubles? What will dictate market trends this week? What's Iron Beam air-defence system? All answers here

Which IT skills are likely to land you lucrative job offers?

People with skills in AI, cloud etc have been quitting jobs since 2021, giving employers a tough time. Take a look at the skills that are in demand amid the competition between IT firms and start-ups

Operating profit margins of TCS, Infosys decline to two-decade low

TCS & Infosys report average Ebidta margin of 27.6%, down from 30.1% last year

'Zzzzz … excuse me'

Why India must create new programming languages …

Bosch Global Software Technologies to set up new centre in Pune's Balewadi

BGSW plans to ramp up capability in Pune to 1,500 professionals in the first year of its operations and will focus on global projects delivery.

Q4 preview: IT companies may beat Ukraine crisis, inflation worries

Analysts believe top-line growth will be driven by broad-based demand

IT companies focus on reliable information for Ukraine: Google chief

Information technology companies are focused on providing reliable information and stymying Russian propaganda about the invasion of Ukraine, the CEO of Google and Alphabet Inc. said Tuesday

HCL Tech to provide global service desk, on-site support to Novo

IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk

TMS Ep134: Zomato delivery, IT majors, markets, hypersonic weapons

Is Zomato's 10-min food delivery a game-changer? What is attracting IT giants to smaller cities? Are the markets pricing in fuel-led inflation? What are hypersonic weapons? All answers here

What is attracting IT giants to smaller cities?

Tech companies are venturing into smaller cities in search of talents. And they are finding many in cities like Coimbatore, Bhubaneswar, Lucknow and Jaipur. What are the reasons for this trend?

Equinix to invest over USD 9 million for expansion in Chennai

The parcel of land located in State Industries Promotion Corporation of Tamil Nadu (SIPCOT), Siruseri on the Old Mahabalipuram Road, popularly known as the IT corridor of the city