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Tag "information technology"

Scale up operations, exports: Prasad to electronics CEOs

Scale up operations, exports: Prasad to electronics CEOs

🕔17:33, 16.Sep 2019

New Delhi, Sep 16  Projecting India as an emerging hub for electronics manufacturing, Information Technology (IT) Minister Ravi Shankar Prasad on Monday told leading CEOs of the technology majors to scale up operations and said that India’s fundamentals of the

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TCS to buy back shares worth Rs 16,000 cr, again

TCS to buy back shares worth Rs 16,000 cr, again

🕔20:52, 15.Jun 2018

Mumbai, June 15  The Board of Indian IT major Tata Consulting Services (TCS) on Friday approved to buy back 7,61,90,476 equity shares of Re 1 face value at Rs 2,100 per share for about Rs 16,000 crore (over $2 billion).

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Now Rajasthan synonymous with IT and technology: Raje

Now Rajasthan synonymous with IT and technology: Raje

🕔10:24, 22.Mar 2018

Jaipur, March 22  Now Rajasthan is no more limited to history tales, but stands synonymous with the IT industry and technology which is sure to bring in golden future for the state, Chief Minister Vasundhara Raje said on Wednesday. IT

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Software sector grew 8% in fiscal 2016-17: Survey

Software sector grew 8% in fiscal 2016-17: Survey

🕔10:17, 30.Jan 2018

New Delhi, Jan 30 The Indian IT industry grew 8 per cent to $140 billion (Rs 8,91,700 crore) in fiscal 2016-17 from $129 billion (Rs 8,256 crore) in the previous fiscal (2015-16), said the Economic Survey for the current fiscal 2017-18

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Australia spends over $8 bn in 4 years on US-made weapons

Australia spends over $8 bn in 4 years on US-made weapons

🕔10:50, 28.Dec 2017

Canberra, Dec 28  The Australian government has spent more than $8 billion on weapons and military equipment from the US in the past four years, a report has found. More than half of the money was spent on Information Technology

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95 mobile companies have set up plants in India: IT Minister

95 mobile companies have set up plants in India: IT Minister

🕔10:06, 25.Sep 2017

New Delhi, Sep 25  Information Technology (IT) Minister Ravi Shankar Prasad on Sunday said 95 mobile manufacturing companies have set up their plants in the country. “Today 95 mobile manufacturing factories have come up in India and India is becoming

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Indian IT spend to reach $72.3 bn in 2016: Gartner

Indian IT spend to reach $72.3 bn in 2016: Gartner

🕔13:52, 4.Nov 2015

Mumbai, Nov 4  India’s IT spending is expected to rise by 7.2 percent in 2016 to reach $72.3 billion, said leading market research player Gartner on Tuesday.“India will continue to be the fastest growing IT market for the second year

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Indian IT exports to Africa cross $1-bn mark

Indian IT exports to Africa cross $1-bn mark

🕔12:38, 25.Feb 2015

Accra (Ghana), Feb 25  Total computer software and services exports to Africa from India last year crossed the $1 billion-mark, India’s Electronics and Computer Software Export Promotion Council (ESC) has said. The total computer software and services exports to Africa

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Kerala launches first non-IT focused incubation, mentoring hub

Kerala launches first non-IT focused incubation, mentoring hub

🕔14:47, 21.Nov 2014

Kochi, Nov 21  An IT initiative was launched in Kerala Friday which will incubate, mentoring of non-IT entrepreneurs, right from an idea to a sustainable business venture. The initiative called ‘myenterprise’, launched by a technical consultancy firm KITCO, will cover

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Wipro gives higher IT revenue outlook for Q3

Wipro gives higher IT revenue outlook for Q3

🕔12:27, 24.Oct 2014

Bangalore, Oct 24  Indian IT bellwether Wipro Ltd Wednesday projected a higher revenue outlook of $1.83 billion from its global IT services for the third quarter (Oct-Dec) of this fiscal (2014-15). “We expect revenues from our IT services business to

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TCS merges subsidiary CMC; swaps shares

TCS merges subsidiary CMC; swaps shares

🕔10:59, 17.Oct 2014

Mumbai, Oct 17  Indian IT bellwether Tata Consulting Services (TCS) Thursday announced merger of its subsidiary CMC Ltd to consolidate their operations into a single entity with a rationalised structure. “CMC shareholders will get 79 equity shares of TCS with

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Wipro to expand presence in Oman

Wipro to expand presence in Oman

🕔16:02, 1.Sep 2014

Bangalore, Sep 1  Indian IT bellwether Wipro Ltd. Monday announced expanding its presence in Oman to meet its growing business needs. “We plan to double our headcount from 70 professionals currently over the next 12-18 months in our Gulf subsidiary

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IT honchos raise Rs.100 crore for tech fund

IT honchos raise Rs.100 crore for tech fund

🕔10:33, 5.Jun 2014

Bangalore, June 5  Exfinity Technology Fund, promoted by IT honchos who were formerly with Infosys, Wipro and I-flex, announced raising Rs.100 crore in the first round itself. “The fund is fully subscribed in the first round and investors include CXOs

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IT industry welcomes Telangana

IT industry welcomes Telangana

🕔10:19, 3.Jun 2014

Hyderabad, June 3  The information technology sector welcomed formation of a separate Telanana state and hoped that the new government will give further impetus and bring in clarity on industry related policies. Top executives of various IT firms hoped that

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