I thought of asking Rohan Murty to lunch while observing his cameo appearances at the Jaipur Literature Festival in January. Murty had been there to celebrate the launch of the Murty Classical Library.
Even as the reduction in corporation tax from 30% to 25% over the next four years as proposed in the Union Budget has been welcomed by the industry by and large, it is hardly going to benefit the Indian IT services companies.
One more senior executive of SAP is joining Infosys, the Bengaluru-based information technology (IT) services company headed by Vishal Sikka, a former executive board member and chief technology officer at the German enterprise software company, global
Until Infosys announced last week that it was acquiring California-headquartered automation technology provider Panaya for six times its revenue, a buyout at such high valuation was unheard of in the IT outsourcing services space.
India’s second-largest information technology services firm Infosys would soon invest in a start-up that develops cloud-based air quality detectors, said a senior officialHe added the investment is in line with the Bangalore-based IT major’s
Shares of Information technology giant, Infosys are trading higher by over 1% to Rs 2,308 on the BSE after acquiring an automation startup Panaya for Rs 1,200 crore is evaluating a dozen more startups — all aimed not at bulking revenues or adding
After decades of low-margin work like server maintenance, India's information technology services firms are moving upscale in search of lucrative contracts for driverless cars and other advanced projects as online innovation changes clients' needs.
In line with the strategy laid out by its Chief Executive and Managing Director Vishal Sikka, Infosys on Monday said it would buy Panaya, which provides automation technology, in an all-cash deal of $200 million (about Rs 1,244 crore).
High-flying IT industry salespersons may laugh today, but the first questions that prospective clients would ask in the 1980s was whether the person they were talking to knew English; where was Bangalore; were there cows on the roads, and so on.
Infosys Chief Executive Officer and Managing Director Vishal Sikka on Wednesday confirmed it made its first investment in the start-up space by putting $15 million (close to Rs 94 crore) in a spin-off of DreamWorks Animation.
Infosys, the country's second largest information technology (IT) services company, has undertaken an organisational realignment to ensure stronger effectiveness of the "new & renew" strategy laid out by chief executive officer Vishal Sikka.