Australian Pharmaceutical Industries (API) has chosen Tata Consultancy Services to deliver a major IT and business transformation program to integrate and enhance mission-critical IT systems across API’s retail and wholesale ...
Infosys posted strong revenue growth in the second quarter as demand picked up in key markets including the U.S. However, the Indian outsourcer's net profit grew only 0.5 percent year on year as the company increased salaries for staff in ...
Tags: Computer Products
Infosys' co-founder and first CEO N. R. Narayana Murthy has returned to the company as executive chairman, amid concerns that the outsourcer's performance has not been as good as that of some of its Indian peers. Murthy, 67, said he would ...
Tags: Infosy
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products
The acquisition will support TCS' European plans India based IT services company, Tata Consultancy Services (TCS) has signed a deal to acquire the French IT service provider Alti for €75m. The acquisition will help TCS expand its ...
Tata Consultancy Services is to acquire French IT services company Alti in a bid to increase its presence in the European market. India's largest outsourcer said in a filing Tuesday to the Bombay Stock Exchange that it has signed ...
Tags: Computer Products, software
China's plan to create a substantial outsourcing industry was hit with another blow last month with the release of a report that laid bare, in ways never seen before, the extent of the security risks of working in the country. Ten years ...
Tags: substantial outsourcing industry, China, security risk
China has for years been developing an IT outsourcing industry aimed at bringing in business from the U.S. and Europe. It has succeeded, but then again it hasn't thrived and now may face more barriers. China's IT and business process ...
Tags: China, IT outsourcing, outsourcing industry
India's provision of outsourcing services to other countries will grow by 12% to 14% in the fiscal year starting April 1, a trade body predicted Tuesday. Demand for outsourcing services has been slowly picking up, according to analysts. ...
Tags: India, outsourcing service, IT industry
Wipro's fourth-quarter IT services revenue grew 4.8% year on year, reflecting an overall recovery in offshoring to India. The Indian outsourcer said Friday revenue from IT services in the quarter was $1.58 billion, as its customers ...
Tags: IT service, Wipro, India
Nokia is planning to transfer up to 820 employees to HCL Technologies and Tata Consultancy Services and lay off up to 300 people as the company reorganizes its IT organization. The goal is to reduce operating costs and create an IT ...
Changes in the competitive smartphone market look set to cost more UK jobs as smartphone producer Nokia and telecommunications provider Everything Everywhere (EE) both announce a programme of cuts. Nokia outlined plans to cut over ...
Tags: smartphone market, Nokia, telecommunications
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource
Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
Based in Singapore, Vish Iyer is president, Tata Consultancy Services (TCS)-Asia Pacific, where he is responsible for managing TCS operations across five geographies and 13 countries in the region. Recently, he had a freewheeling ...
Tags: Cloud, Banking, Computer Products