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Greyhound Research

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Tech Mahindra Q1 profit falls 8% to Rs631 crore #Press #Media #Mint

Revenue rose 24.8% to Rs.5,122 core in the June quarter, as compared with Rs.4,103 crore in the year-ago period. Tech Mahindra Ltd, India’s fifth-largest software services company, said fiscal first-quarter profit fell 8%, missing analysts estimates, on higher visa and hiring costs. Net profit declined to Rs.631 crore in the three months ended 30 June … Continue reading

HCL Tech Q4 Net Jumps 53.7%; Sees Strong Growth Ahead #Press #Media #BusinessStandard

Buoyed by strong growth in application and infrastructure services, India’s fourth largest IT solutions firm HCL Technologies Thursday reported a 53.7 per cent surge in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014. The company, which follows a July-June quarter, had posted a net profit of Rs … Continue reading

HCL Tech Q4 Net Jumps 53.7%; Sees Strong Growth Ahead #Press #Media #NewIndianExpress

Buoyed by strong growth in application and infrastructure services, India’s fourth largest IT solutions firm HCL Technologies Thursday reported a 53.7 per cent surge in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014. The company, which follows a July-June quarter, had posted a net profit of Rs … Continue reading

HCL Tech Q4 Net Jumps 53.7%; Sees Strong Growth Ahead #Press #Media #PTI

Buoyed by strong growth in application and infrastructure services, India’s fourth largest IT solutions firm HCL Technologies Thursday reported a 53.7 per cent surge in its consolidated net profit to Rs 1,834 crore for the fourth quarter ended June 30, 2014. The company, which follows a July-June quarter, had posted a net profit of Rs … Continue reading

20 Cost-Conscious Tips for Global Businesses Working with Multiple Vendors #Press #Media #CIO.com

You can’t become a great IT pro without breaking a few metaphoric networking eggs. It would be great if all these mistakes happened in a sandbox environment. Unfortunately, they often happen during business operations. While learnings from these mistakes are invaluable, making too many of them does not bode well for the future of your … Continue reading

IBM, Apple global alliance for iPhone and iPad devices: How it will affect India #Press #Media #CommunicationsToday

The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term. Under this partnership, IBM will bring its new class of business apps involving big data and analytics capabilities to Apple’s iPhone and iPad devices, which will be … Continue reading

IBM, Apple global alliance for iPhone and iPad devices: How it will affect India #Press #Media #FinancialExpress

The global alliance between IBM and Apple for iPhone and iPad devices targeted at enterprises is unlikely to shake up the Indian devices market in the near term. Under this partnership, IBM will bring its new class of business apps involving big data and analytics capabilities to Apple’s iPhone and iPad devices, which will be … Continue reading

Wipro likely to beat Nasscom’s growth estimates this fiscal, say analysts #Press #Media #CommunicationsToday

Despite a tepid guidance for the first quarter of this year, fuelled by multi-million dollar deals in the past few months, Wipro is expected to beat Nasscom’s 13-15 per cent growth estimates for the 2015 fiscal. Analysts believe that on the back of a strong deal momentum, the company which has been growing at a … Continue reading

TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #CommunicationsToday

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore, but by the end of FY14 it stood at Rs 33,313 crore. Similarly, the difference … Continue reading

TCS Continues To Outpace Infosys, Revenue Gap Widens To Rs 33,313 Cr #Press #Media #FinancialExpress

India’s largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore, but by the end of FY14 it stood at Rs 33,313 crore. Similarly, the difference … Continue reading

HCL Technologies net profit rises 54%, beats estimates #Press #Media #Mint

The net profit climbs to Rs1,834 crore, while net sales for the reporting quarter rise 21% to Rs8,424 crore HCL Technologies Ltd, India’s fourth largest software exporter, posted a better-than-expected 54% rise in June quarter profit. The net profit climbed to Rs.1,834 crore, while net sales for the reporting quarter rose 21% to Rs.8,424 crore. … Continue reading

HCL Tech April-June net up 13% on quarter at Rs 1,834 cr, margins surprise #Press #Media #FirstBiz

HCL Technologies posted a better-than-expected 13 percent increase in net profit during April-June on robust growth in operating margins. The company’s net profit stood at Rs 1,834 crore, compared with a CNBC TV18 poll estimate of Rs 1,611.4 crore. Its earnings before interest and tax, or operating profit, declined a marginal 1 percent on quarter … Continue reading

Enterprise Major Oracle Plans One Office in Every State Capital As It Sees Higher Tech Spending #Press #Media #CommunicationsToday

Oracle is looking to have branch offices in all Indian state capitals as part of its plan to boost business while some of its larger competitors deal with problems of their own. Oracle, founded by technology billionaire Larry Ellison, counts companies like HP and IBM as its major competitors. HP is going through a restructuring … Continue reading

IT takes an optimistic curve #Press #Media #CommunicationsToday

Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks promising with pricing remaining stable and operating margins being largely under control India’s largest IT … Continue reading

IT takes an optimistic curve #Press #Media #TheFinancialExpress

Despite wage hikes and currency fluctuations, top tier Indian IT firms managed to keep their profits in fine kettle on a year-on-year basis thanks to better utlilisation rates and a slow uptick in the demand environment. The near term looks promising with pricing remaining stable and operating margins being largely under control India’s largest IT … Continue reading

Is Microsoft axing the ‘Nokia brand’? #Press #Media #Voice&Data

Microsoft’s recent announcements of doing away with Nokia X series, Nokia Asha 40 series smartphones, Nokia McLaren and other budget phones, and over 50% layoffs in Nokia have put the handset major’s future under a question mark When Microsoft acquired Nokia‘s handset business in April last year in a $7.2 bn deal, one thing was … Continue reading

Hop, skip and jump: Making sense of the attrition puzzle in IT sector #Press #Media #Firstbiz

The irony is hard to escape. It is a sector where the perks for the staff are top notch, but it is also one where attrition is extreme. The sector in question is information technology and IT enabled services (ITeS). A recent survey by executive search firm MANCER Consulting reveals that ITeS will face the … Continue reading

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