CARY, N.C.— Indian information technology services company HCL Technologies said Thursday its American subsidiary will add about 1,200 jobs in North Carolina over the next five years by continuing to prepare not-fully-ready workers to fill the IT jobs.» Read More
*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.
*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.
Mark Gibbs, President, Greater China at German software giant SAP remains positive on the Chinese economy and discusses the firm's growth plan in the region.
Ankur Rudra, Vice-President of Ambit Capital tells CNBC's Cash Flow that Wipro's rally is short-lived and advises investors to short the stock.
Devesh Kumar, Managing Director, Country Head at CIMB Securities, India breaks down the Infosys results and tells CNBC's Cash Flow why he thinks the Indian IT sector will benefit from the global economic recovery.
Peter Sondergaard, head of research at Gartner, expects IT spending to grow faster in 2014 and says the industry should represent 5 percent of global GDP by 2017.
S.D. Shibulal, CEO of Indian IT giant Infosys discusses the firm's performance with CNBC's Bernie Lo at the World Economic Forum in Dalian, China.
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.
Daniel Ives, senior analyst at FBR Capital Markets, comments on Oracle's disappointing sales, its transition to Cloud and other company-specific issues.
India's IT watchdog is investigating how the computer systems of two companies that are part of the country's vast IT services industry were breached in a global ATM heist.
Michael Fertik, CEO of Reputation.com, talks to CNBC about the launch of his Silicon Valley based company, which protects reputation and privacy on the internet, in the UK and why he is very bullish on Britain.
Tanuja Randery, CEO of MarketPrizm, tells CNBC that despite cutting jobs bank costs are going up and they have to look at IT to change this.
Claus Mortensen, Principal, Emerging Technology at IDC Asia Pacific says the information and communication technology sector in Asia Pacific ex-Japan will expand next year, driven by consumer growth. He also says companies are going to spend more on IT as they look to expand their businesses.
IDC is out with its closely watched information technology trends for 2013. IDC chief analyst Frank Gens, offers insight, and says companies will deploy some $2 trillion toward IT projects.
Mike Lynch, the founder of Autonomy who is engaged in a war of words with Hewlett-Packard Chief Executive Meg Whitman over allegations of fraud, is firmly at the heart of the British establishment and was once dubbed the “British Bill Gates” by the media.