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  • April 10- IT services company iGate Corp said revenue would grow faster in the second half of the year, after it reported better-than-expected quarterly results due to customer additions and higher revenue from Europe and financial industry clients.

  • April 10- IT services provider iGate Corp reported better-than-expected quarterly results as it added more customers, and revenue rose in Europe and from its financial industry clients. IGate shares rose 3 percent in premarket trade on Thursday. IGate expects adjusted EBITDA margins to be modestly lower in the second quarter due to a planned wage increase.

  • NAIROBI, April 10- Seven Seas Technologies, one of Kenya's biggest IT companies, has pushed back its initial public offering until 2017 to allow it time to tap new countries in Africa and reduce its reliance on its home market.

  • Michigan to boost efforts for auto industry jobs Monday, 7 Apr 2014 | 6:49 AM ET

    DETROIT— Michigan plans to boost efforts to attract and retain automotive industry jobs in engineering and design, software and coding, systems integration and skilled trades, officials said. As part of the effort, officials said, jobs in Michigan will be a top priority.

  • At a glance: IPOs planned for coming week Friday, 4 Apr 2014 | 3:31 PM ET

    The company has a deal with Forest Laboratories for co-creation of a dementia drug, which is pending FDA approval. Ally Financial Inc.- The finance company's offering could make taxpayers whole for a $17.2 billion government bailout during the financial crisis. Ally, known as GMAC Inc. at the time of its bailout, had been the auto lending arm for General Motors.

  • April 1- Two U.S. banks that sued Target Corp and credit card security firm Trustwave Holdings Inc over responsibility for one of the largest data breaches on record have at least for now dropped their lawsuit.

  • *Visit comes as IBM seeks to reverse China sales slump. *Visit is second by top IBM executive in four months. BEIJING, Feb 12- A slide in IBM Corp's sales in China amid a broad backlash against claims of U.S. government spying has triggered a rare visit to Beijing by Chief Executive Officer Ginni Rometty.

  • UPDATE 2-Cognizant sees revenue below Street, shares fall Wednesday, 5 Feb 2014 | 12:10 PM ET

    *Expects 2014 revenue of at least $10.3 bln vs est $10.38 bln. Feb 5- Cognizant Technology Solutions Corp forecast 2014 revenue below analysts' expectations, raising concerns that the IT services provider's scorching growth may be cooling off.

  • Last month, India's top IT services provider Tata Consultancy Services Ltd said it expected sales growth to accelerate in its financial year ending March 2015. Infosys Ltd lifted its sales growth outlook for this fiscal year on signs of an economic revival in the United States and Europe.

  • *Lenovo to offer jobs to 7,500 IBM employees. BEIJING, Jan 23- Chinese PC maker Lenovo Group Ltd agreed to buy IBM Corp's low-end server business for $2.3 billion in what is set to be China's biggest technology deal.

  • BEIJING, Jan 23- Lenovo Group Ltd has agreed to buy IBM Corp's low-end server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal.

  • BEIJING, Jan 23- Lenovo Group Ltd has agreed to buy IBM Corp's server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal.

  • BEIJING, Jan 23- Lenovo Group Ltd, the world's largest PC maker, agreed to buy IBM Corp's low-end server business in a long-awaited deal valued at about $2.3 billion, the biggest-ever tech acquisition by a Chinese company.

  • IBM profit beats Street on higher software revenue Tuesday, 21 Jan 2014 | 4:13 PM ET

    Jan 21- International Business Machines Corp, the world's largest technology services company, reported a better-than-expected quarterly profit, helped by higher software revenue. On an adjusted basis, it earned $6.13 a share, beating analysts' average estimate of $5.99 per share, according to Thomson Reuters I/B/E/S.

  • MUMBAI, Jan 17- India's top IT services provider Tata Consultancy Services Ltd forecast faster sales growth in the next fiscal year but failed to ease investor worries that smaller rivals will also benefit from an anticipated rise in client demand.

  • Top executive at India's Infosys resigns Friday, 20 Dec 2013 | 10:48 AM ET

    MUMBAI, Dec 20- A top executive at Indian IT services group Infosys who was seen as a candidate to become the next chief executive, has resigned, the latest such departure since co-founder Narayana Murthy returned as executive chairman.

  • Dec 2- Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.

  • *First-quarter revenue $2.02 bln vs estimate of $2.01 bln. May 8- Cognizant Technology Solutions Corp forecast current-quarter revenue above market expectations after an 18 percent rise in the first quarter, helped by strong demand from Europe. First-quarter sales from Europe rose 23 percent, outpacing a 16 percent growth in North America.

  • Cognizant to hire 10,000 in US in next 3 years Monday, 2 Dec 2013 | 1:55 PM ET

    Dec 2- Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.

  • SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll.

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