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  • Aug 5- Cerner Corp, a U.S. provider of healthcare information technology services, said it will buy the assets of Siemens AG's healthcare division for $1.3 billion. The acquisition is expected to close in the first quarter of 2015 and will be financed with cash on hand, Cerner said.

  • 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.

  • BANGALORE/ MUMBAI, July 24- Wipro Ltd, India's third-biggest IT services exporter, posted a 29.6 percent rise in fiscal first-quarter profit and forecast a surge in revenue on the back of stronger spending on outsourcing by overseas clients.

  • The company, which provides firms with temporary workers and offers them IT outsourcing, management and engineering services, also operates in Germany, Russia, Turkey, Czech Republic, Slovakia and Hungary.

  • BANGALORE, July 11- India's second largest IT services provider Infosys Ltd said on Friday it would boost investment in cloud computing, smartphone apps and other new technologies to win more high-margin outsourcing contracts.

  • MUMBAI, June 13- Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd will need to turn around a company that was once the poster child of India's $108 billion IT services industry.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, has for the first time picked an outsider as chief executive officer, as it seeks to boost sales of high-margin services like cloud computing and stem a staff exodus.

  • MUMBAI, June 12- Infosys Ltd, India's second-largest IT services exporter, named former SAP AG executive board member Vishal Sikka as Chief Executive Officer, the first time the company has not chosen one of its founders for the role. Infosys also said Executive Chairman N.R. Narayana Murthy and Executive Vice Chairman S. Gopalakrishnan would step down on June 14.

  • *Dufry to cement lead over DFS as largest airport retailer. ZURICH/ LONDON, June 4- Swiss travel retailer Dufry is buying rival Nuance for 1.55 billion Swiss francs, expanding its presence in Asia and cementing its position as the world's largest duty-free retailer ahead of Hong Kong- based DFS Group.

  • MUMBAI, May 29- India's second largest IT services exporter Infosys Ltd is under pressure to bring in a new chief executive soon to check an exodus of junior staff and reassure investors after a slew of departures at the top.

  • PARIS, May 26- Atos is to buy Bull in an all-French IT sector deal worth 620 million euros to create the top Europe- based cloud computing company and a major player in cybersecurity.

  • Leaving the dream: Infosys battles worker exodus Saturday, 10 May 2014 | 10:00 PM ET

    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.

  • April 29- Target Corp, which is recovering from a massive data breach, on Tuesday named high-profile information technology consultant Bob DeRodes as chief information officer. Target, the third-largest U.S. retailer, said it was still looking for a chief information security officer and a chief compliance officer.

  • *Announces 10 pct wage hike for India staff, higher than rival Infosys. MUMBAI, April 16- Tata Consultancy Services Ltd, India's largest IT services exporter, expects a further rise in revenue growth in the new financial year, it said on Wednesday, after reporting a better than expected 51.5 percent increase in the last three months.

  • *Infosys Q4 net profit at 29.9 bln rupees vs 28.1 bln estimates. *Infosys sees FY15 revenue growing 7-9 pct.

  • Staff exodus to weigh on Infosys turnaround efforts Friday, 11 Apr 2014 | 7:30 AM ET

    *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- 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.

  • 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.