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#GreyhoundInMedia #Renewable #Energy: It’s Not Just About #CostSavings #Press #Media @CXOtodayAlerts

#MEDIA

With enhanced technological advances and constantly depleting natural resources, there is an increasing need for companies to factor in alternative energy resources while not just devising new industry solutions, but also in planning organization’s sustainable future. Enterprises are now seeing the need to reduce carbon footprint and cut down energy costs to improve productivity and efficiency, but beyond that, it is essential for them to explore the opportunities in implementing renewable energy solutions.

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Challenges for Building a Green Datacenter #Press #Media @Dataquest_India


As CIOs reel under pressure to cut operational costs and scale up the IT infrastructure to meet the growing business needs, there is a heightened focus on taming the energy-hungry datacenters

Datacenters are at the center of businesses today as every organization depends on the information stored and processed through a datacenter.

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$130-b Software Sector Braces For Currency Correction #Press #Media @Business_Line_ @TCS_News @Mindtree_Ltd


After TCS and Mindtree set the alarm bells ringing with their cautionary outlook, exporters in the $130-billion sector are bracing for currency volatility, as global currencies have depreciated sharply against the dollar in the recent past.

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Budget 2015: Start-Ups Get A Tech Boost #Press #Media @livemint


If the big idea of Budget 2014, announced on 10 July, was clearly start-ups, the Bharatiya Janata Party-led National Democratic Alliance government took it a step further by announcing on Saturday an allocation of Rs.1,000 crore to enable information technology (IT) start-ups, create additional funding avenues for small companies to raise money and, in turn, generate more employment.

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Podcast: Budget 2015 Has To Be About Action On The Ground @firstpost #Budget2015


Sanchit Vir Gogia, Chief Analyst, Greyhound Research says that announcements made in Budget 2014 have remained mere aspirations with lack of clarity on policies with regard to Digital India, uncertainty over the Rs 10,000 crore start-up fund for MSMEs, as well as the inadequately funded 100 Smart Cities project. He elaborates on the big opportunity in cloud that India has if it gets regulations and tax sops right for providers, but warns that unless there is concrete action, frustration among entrepreneurs and corporates will only rise.

Listen to the full podcast here

Source: Firstpost


SVG 200x200About The Author: Sanchit Vir Gogia is the Chief Analyst & CEO of Greyhound Research, an independent IT & Telecom Research & Advisory firm. He also serves as Founder & CEO of Greyhound Knowledge Group that operates under four brands – Greyhound Research, Greyhound Sculpt, Greyhound Technocrat and Greyhound Vivo. To read more about him, click here.

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With IT Companies The King Of Good Times, Clients Want To Be Prince #Press #Media @ETInfotechNews


Indian companies are asking their information technology vendors to pass on the benefits of automation and improving technology in the form of rate cuts and outcome-based pricing, highlighting the need for Indian IT players to speed their move away from the labour-based model.

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Big Local Tech Buyers Push IT Vendors For Rate Cuts #Press #Media @EconomicTimes


Indian companies are asking their information technology vendors to pass on the benefits of automation and improving technology in the form of rate cuts and outcome-based pricing, highlighting the need for Indian IT players to speed their move away from the labour-based model.

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Bharti Airtel (@airtelindia) scraps Loop Mobile merger deal #Press #Media @Livemint


Bharti Airtel had planned to buy Loop’s assets in February, but the deal did not get regulatory approvals. Bharti Airtel Ltd abandoned its `700 crore plan to buy Loop Telecom for its Mumbai operations after the country’s largest telecom operator failed to secure regulatory approval for the acquisition, a situation that prompted most of Loop’s mobile phone subscribers, the company’s most valuable asset, to desert the network.

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Tech Mahindra (@Tech_M) Q2 Net at Rs 719.7 cr #Press #Media #techreformers


Country’s fifth largest software services firm Tech Mahindra on Wednesday posted a marginal rise in net profit at Rs 719.7 crore for the quarter ended September 2014 on the back of growth in manufacturing and telecom verticals.

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Tech Mahindra (@Tech_M) Q2 Net at Rs 719.7 cr #Press #Media @rediffbusiness


Country’s fifth largest software services firm Tech Mahindra on Wednesday posted a marginal rise in net profit at Rs 719.7 crore for the quarter ended September 2014 on the back of growth in manufacturing and telecom verticals.

The Mumbai-based company’s net profit stood at Rs 718.4 crore in the same quarter last fiscal.

Revenue grew 15 per cent to Rs 5,487.9 crore in the reported quarter from Rs 4,771.5 crore in the comparable period.

In dollar terms, the net profit stood at USD 118 million and revenues were USD 900 million in the period under review.

“Robust growth in key verticals this quarter underpins our belief in our strategy of continuous investment in capabilities,” Tech Mahindra Executive Vice Chairman Vineet Nayyar said.

Tech Mahindra’s active client count stood at 649 in Q2 compared to 632 in the preceding quarter.

The company added 2,580 professionals during the quarter to take the total headcount to 95,309. Of these, 66,175 people were with the software business, while 22,433 were in BPO operations.

Its cash and cash equivalent stood at Rs 3,434 crore as of September 30, 2014.

“We are seeing an increasing interest in digital enablement in our customer base, and our unique combination of capabilities in both the Communications domain and the Enterprise domain positions us well in the marketplace,” Tech Mahindra MD and CEO CP Gurnani said.

The Q2 performance is a reflection of Tech Mahindra’s strength in both these areas, he added.

The results were announced after close of market hours.

The scrip closed at Rs 2,396.50 apiece, up 1.16 per cent from previous close on BSE.

“With a quarter-on-quarter revenue growth of 7.2 per cent, their growth has been up to industry standards. Tech Mahindra has shown a strong increase in their IT revenue with 6 per cent owing to their significant multi million, multi-euro deal with Ahlstrom,” Greyhound Research CEO Sanchit Vir Gogia said.

Source: Rediff