Was among India’s 1st VC investors, betting early on many marquee cos.
Was among India’s 1st VC investors, betting early on many marquee cos.
Ebix is holding discussions with a consortium of lenders led by State Bank of India, the people said.
Phillippe Guionnet, a US-based client-facing executive at TCS, lodged the complaint in a letter to the regulator earlier this month.
The slowdown in spending on banking, financial services and insurance (BFSI) has emerged as a key concern.
"We are planning to hire around 800 people in the next six months which will take our team strength to over 2,500 in India," Visionet Managing Director Alok Bansal told.
The engineering conglomerate is the majority owner of the mid-tier technology services company, after it acquired 60.06% stake.
Though the attrition rate at Infosys was 13-15% historically, it has spiked in the past one year. Firm maintains that while attrition is a concern, it’s not affecting services to clients.
HP said it would begin building a high-tech extension to its campus in Mahadevapura, in Bengaluru, that will be able to house more than 10,000 employees as well as state-ofthe-art R&D facilities.
Google, some publishers say, owns the entire supply (and demand) chain for ad tech and structures it in a way that disincentivises companies from working with any third-party products.
A WhatsApp spokesperson did not confirm or deny meetings with RBI and NPCI officials and only said Cathcart will meet leaders to discuss WhatsApp’s support for Digital India.
Business to be treated as 'intermediary' only when there is clear facilitation of services.
Natarajan, Parthasarathy and Ravanan promise to help after meeting with nonexecutive chairman Naik.
hen you have those uncertainties, you have to factor them in guidance. General uncertainties such as trade tariff and Brexit, none of that is unique to Wipro.
Spending on blockchain solutions has been forecast at $2.9 b globally in 2019.
This comes as Indian IT service companies grapple with margin pressure and rising employee costs amid a growing need for high-cost digital skills.
Tech Mahindra receives more than 5% of its overall business from India currently, and is looking to create more opportunities in neighbouring markets.
A council will be set up to facilitate exchange of best practices between the two cos, says Subrahmanyan.
If successful the transaction could value the 12-year-old company at about $650 million, pre-money, according to multiple sources aware of the development.
In FY17, Infosys had over 1,700 employees who earned more than Rs 1crore, as ET had reported.
Engineering and R&D services generated $36 billion in revenue last fiscal.
