Cognizant Reshuffles Top Management to Stay Relevant
Cognizant has also announced a series of promotions for senior leaders who played an key role in growing different businesses within the company .
Wipro Says Goodbye to PC Manufacturing Business
Wipro has announced its exit from PC manufacturing business, one of the very first IT businesses the company forayed into before it entered IT services.
IT sector pins hopes on PM to raise visa issue in the US
Technology : none
The Indian IT sector is hopeful that the PM will take up the case for a simpler visa regime US President Barack Obama - something that is plaguing the industry for a long time.
Indian banks to aggresively spend on IT services, software
Technology : Infrastructure
According to a recent Gartner report, the country’s banking sector will spend about Rs 41,700 Crore on IT products and services in 2013, 13% over 2012.
Indian IT providers doing better than global counterparts
However, Gartner reports that growth has slowed considerably for the first time in the past five years.
Wipro posts weak results in Q4
Provides a dull guidance of IT services revenues between $1,575 million and $1,610 million.
MphasiS appoints Kumail Tyebjee as VP, business leader of mobility service line
Tyebjee will be responsible for sales and business development as MphasiS expands its portfolio of mobile solutions for the banking and capital markets as well as insurance business units.
TCS to modernise India post for Rs 1,400 crore
The government has approved R. 4,909 crore for phase II of modernisation of post offices under which the department is gearing up for providing real time core banking services as well.
IT service providers must bridge legacy & new offerings to stay relevant
Growth will largely come from changes and opportunities brought on by the Nexus of Forces and newer delivery models
Corporate budgets to be major road block for big data
Terms like big data may become obsolete