ITeS-Tech-The Economic Times

    Whistleblower writes to Sebi against Infosys

    Whistleblower writes to Sebi against Infosys


    Last year too, Sebi had received whistleblower complaints questioning the role of some company executives in the acquisition of Panaya by...

    Last year too, Sebi had received whistleblower complaints questioning the role of some company executives in the acquisition of Panaya by Infosys.
    TCS CEO Rajesh Gopinathan’s compensation nearly doubles in FY18

    TCS CEO Rajesh Gopinathan’s compensation nearly doubles in FY18


    Gopinathan's compensation grew to Rs 12 crore in FY18, including Rs 1.02 crore in salary, Rs 60 lakhs in perquisites, Rs 10 crore in commission and Rs 86.8 lakhs in other...

    Gopinathan's compensation grew to Rs 12 crore in FY18, including Rs 1.02 crore in salary, Rs 60 lakhs in perquisites, Rs 10 crore in commission and Rs 86.8 lakhs in other allowances.
    TCS adds over 400 employees to St. Petersburg, Florida

    TCS adds over 400 employees to St. Petersburg, Florida


    TCS will occupy several floors of Transamerica’s building at St. Petersburg, as part of a multi-year agreement with Transamerica to rapidly enhance its digital...

    TCS will occupy several floors of Transamerica’s building at St. Petersburg, as part of a multi-year agreement with Transamerica to rapidly enhance its digital capabilities.
    Ex-Infosys directors signed non-disparagement pact

    Ex-Infosys directors signed non-disparagement pact


    The so-called mutual release of claims, which was signed after the resignation of the three directors, was disclosed in the co's annual report released on...

    The so-called mutual release of claims, which was signed after the resignation of the three directors, was disclosed in the co's annual report released on Monday.
    Infosys in a very safe & stable place: Nandan Nilekani

    Infosys in a very safe & stable place: Nandan Nilekani


    Infosys has projected a modest growth outlook for the current fiscal and lowered operating margin for this fiscal at...

    Infosys has projected a modest growth outlook for the current fiscal and lowered operating margin for this fiscal at 22-24%.
    Apax Partners sells stake in GlobalLogic, values firm at $2 billion

    Apax Partners sells stake in GlobalLogic, values firm at $2 billion


    Canada Pension Plan Investment Board (CPPIB), which acquired 48% in GlobalLogic in April 2017 will continue to remain invested in the US...

    Canada Pension Plan Investment Board (CPPIB), which acquired 48% in GlobalLogic in April 2017 will continue to remain invested in the US company.
    Zendesk to focus on India to push global growth

    Zendesk to focus on India to push global growth


    India is an important and bigger market as compared to some of our other mature markets and we are investing more in partner relationships here, said Mikkel Svane, founder and CEO of...

    India is an important and bigger market as compared to some of our other mature markets and we are investing more in partner relationships here, said Mikkel Svane, founder and CEO of Zendesk.
    Former Infosys CEO Vishal Sikka earned about Rs 13 crore in FY18

    Former Infosys CEO Vishal Sikka earned about Rs 13 crore in FY18


    Sikka’s compensation included nearly Rs 3 crore of pay in lieu of notice and variable pay. It also includes Rs 6.78 crore on account of exercise of 70,772 restricted stock units during the...

    Sikka’s compensation included nearly Rs 3 crore of pay in lieu of notice and variable pay. It also includes Rs 6.78 crore on account of exercise of 70,772 restricted stock units during the year.
    Indian firms grappling to comply with upcoming EU data privacy law

    Indian firms grappling to comply with upcoming EU data privacy law


    With data privacy concerns on the rise and stringent regulatory requirements like GDPR coming into force, organisations have no choice but to redefine the way they approach data...

    With data privacy concerns on the rise and stringent regulatory requirements like GDPR coming into force, organisations have no choice but to redefine the way they approach data management.
    Shopfloor modernisation presents new growth avenue for infotech companies

    Shopfloor modernisation presents new growth avenue for infotech companies


    Beyond sensors and IIoT, IT firms are embracing artificial intelligence systems, drones, cameras and wearables to help clients improve efficiency and productivity at the...

    Beyond sensors and IIoT, IT firms are embracing artificial intelligence systems, drones, cameras and wearables to help clients improve efficiency and productivity at the factories.
    Genpact unit on sale, may get bids from Hexaware & Mphasis

    Genpact unit on sale, may get bids from Hexaware & Mphasis


    L&T Infotech also in fray to take over Headstrong, a capital markets domain specialist, acquired by Genpact seven years ago in a $550-million...

    L&T Infotech also in fray to take over Headstrong, a capital markets domain specialist, acquired by Genpact seven years ago in a $550-million deal.
    Capgemini bets on MNCs, captives to double revenue

    Capgemini bets on MNCs, captives to double revenue


    The French IT services company brought in former Infosys executive Ananth Chandramouli as head of its local business as part of its goal to grow the local...

    The French IT services company brought in former Infosys executive Ananth Chandramouli as head of its local business as part of its goal to grow the local market.
    Activist fund Elliott exits Cognizant with big gains

    Activist fund Elliott exits Cognizant with big gains


    Elliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing and diffused shareholding was the most...

    Elliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing and diffused shareholding was the most vulnerable.
    Infosys creates blockchain solutions for trade finance

    Infosys creates blockchain solutions for trade finance


    Trade financing and associated governance processes were at the heart of the $1.8-bn Nirav Modi-PNB scandal, in which fraudulent letters of undertaking were issued to facilitate international...

    Trade financing and associated governance processes were at the heart of the $1.8-bn Nirav Modi-PNB scandal, in which fraudulent letters of undertaking were issued to facilitate international trade.