BANGALORE, July 24- Wipro Ltd, India's third-biggest software services exporter, forecast strong revenue growth on the back of higher outsourcing spending by overseas clients and said it was focussing on winning more deals in Europe.» Read More
SINGAPORE, May 16- Gold struggled below $1,300 an ounce on Friday as U.S. jobs and factory data indicated brighter prospects for the economy, hurting the metal's appeal as an investment hedge.
MUMBAI, May 11- Infosys Ltd, once a bellwether for India's $100 billion- plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore- based company struggles to regain ground lost to rivals.
*Sees 2nd- qtr revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers adjusting to U.S. healthcare reforms.
*Forecasts 2nd- quarter revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers as they adjust to changes brought on by Obamacare.
May 7- Technology outsourcing company Cognizant Technology Solutions Corp reported a better-than-expected profit for the first quarter as customers in Europe raised their IT spending. Europe contributed $470.1 million, or 19.4 percent, to total revenue in the quarter ended March 31.
Socialism is in his heart, but Infosys billionaire Narayana Murthy says on May Day that "capitalism is the way forward."
LONDON, April 30- British outsourcing firm Serco plans to raise 170 million pounds in emergency cash after revealing the full extent of its collapse in profits and the departure of its finance director on Wednesday.
April 30- British outsourcing firm Serco said it planned to raise 170 million pounds in emergency cash after revealing the full extent of its problems in its latest profit downgrade and the departure of its finance director.
April 25- The Canadian government said on Friday companies should raise wages to encourage more Canadians to apply for unfilled jobs, saying the freeze it imposed this week on restaurants hiring temporary foreign workers is a wake-up call for all employers.
VANCOUVER, April 23- The Canadian unit of McDonald's Corp has suspended all of its applications under the country's temporary foreign worker program as its undergoes a third-party audit on its use, the restaurant chain said on Wednesday.
*Infosys seen posting 18 pct growth in Q4 net profit, lagging rivals. MUMBAI, April 11- An exodus of senior executives and staff at India's second largest IT outsourcing firm, Infosys Ltd, could hamper efforts to win lucrative contracts in the United States and Europe, and weigh on its profit growth outlook for this year.
April 10- Outsourcing company iGate Corp reported better-than-expected results for the first quarter, helped by customer additions and contract wins. Net income attributable to common shareholders was $23.3 million, or 29 cents per share, in the quarter ended March 31 compared with $27.1 million, or 34 cents per share, a year earlier.
April 3- Hardware distributor Synnex Corp reported better-than-expected quarterly results as it benefited from higher spending on information technology and the acquisition of International Business Machines Corp's customer-care business process outsourcing operations.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
Activist investor Elliott Management wants big changes at Juniper Networks, and momentum is building for the company to bend to the pressure.
Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.
Vish Iyer, President of TCS Asia Pacific says the company is looking to expand footprint in China and is keeping an eye out for acquisitions that boost growth.
Jigar Shah, senior VP at Kim Eng India, tells CNBC a fall in IT outsourcing company, Tech Mahindra's growth is coming because a low margin of acquisitions.
Michael Foust, CEO at Digital Realty, speaks about the cost effectiveness of data centers and current trends in the industry along with business model, growth prospects and the company's acquisition plans.
Richard Leupen, CEO, UGL Group discusses his company's full year earnings with CNBC. He expects China to continue to be a growth driver for the company.