The Dealmaker – TechMahindra

When Vineet Nayyar joined Tech Mahindra (called Mahindra British Telecom), it was a mere $110-million company. Today, it has revenues close to $3.9 billion, and is the second biggest company in the Mahindra Group with a share of 23 per cent of group revenues. It is also No. 6 in the Indian IT services pecking order – after TCS, Cognizant, Infosys, Wipro, and HCL Technologies. Most of the growth has come in the past three years, as the company followed an aggressive acquisition-led strategy. Sitting in his plush yet elegant home in Delhi’s tony Friends Colony, and surrounded by several paintings of M.F. Husain, Nayyar, Vice Chairman of Tech Mahindra, says: “There are two aspects (to acquisitions). One is finding the right asset. But, far more important is to make it work. And that is where we differentiate.”

VMware looks to thrive under Dell

Virtualisation software maker VMware expects the takeover of its parent, EMC Corp, by Dell to help it make inroads into the small and medium enterprises and businesses market in India, where the US technology giant has a large presence.

Why are Indian Telcos resorting to offer insurance cover?

After Telenor, Sistema Shyam Teleservices (SSTL), which runs under the brand MTS, is all set to provide insurance cover to its data subscribers. For the first time, with Telenor, a telecom operator has started offering life insurance to its new and existing customers, with covers from Rs 5,000 to Rs 50,000. SSTL has tied up with Oriental Insurance company to provide Rs 1 lakh accidental insurance cover to its new data subscribers.

Vodafone in talks with IBM to renew ₹6600 Cr outsourcing contract

Vodafone India has started talks with software major IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016, while also sounding out Wipro, Tata Consultancy Services, Infosys and Tech Mahindra, two people familiar with the matter said.

Blackstone buys Serco BPO operations for £250 million

Private equity firm Blackstone has acquired a majority stake in Serco’s BPO operations for £250 million (₹2,558 crore). This is the largest such deal for Blackstone in India. The sale does not include the UK business of Serco Global Services, which will be divested later.

The deal is expected to bring back some action in the Indian BPO market, which has not seen any major consolidation in the recent past. According to Nasscom, revenue from the Indian IT-BPM industry stood at $146 billion last year, growing 13 per cent last year and commanding a 55 per cent global sourcing share. The domestic market itself is rapidly growing with business coming from e-commerce companies and start-ups.

How Vodafone, RCom, Aircel & MTS use Big Data, analytics to reduce customer churn and increase ARPUs

Telecom operators including Vodafone, Reliance Communications, Aircel and MTS India are investing in technologies such as big data and analytics amid growth in data consumption as they look to retain subscribers and increase revenue per user.

Analytics allow telecom companies to improve their data product offerings by better understanding customer demands and usage patterns, according to the operators. The equipment and networks that provide data services generate significant a lot of data that the operators use to identify and proactively address the network issues they face. This also helps the operators plan their network expansion strategies better.

Renewable Energy: It’s Not Just About Cost Savings

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.

Challenges for Building a Green Data Center

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.

$130-b Software Sector Braces For Currency Correction

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.

Budget 2015: Start-Ups Get A Tech Boost

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.

Greyhound Radio with Sanchit Vir Gogia on Union Budget 2015

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.

With IT Companies The King Of Good Times, Clients Want To Be Prince

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.

Big Local Tech Buyers Push IT Vendors For Rate Cuts

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.

#GreyhoundInMedia: 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.

#GreyhoundInMedia: 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.

#GreyhoundInMedia: 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.

#GreyhoundInMedia: Tech Mahindra (@Tech_M) Q2 Net at Rs 719.7 cr #Press #Media @FCLive

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.

#GreyhoundInMedia: Tech Mahindra (@Tech_M) Q2 Net at Rs 719.7 cr #Press #Media @the_hindu

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.

#GreyhoundInMedia: Tech Mahindra(@tech_mahindra) Q2 revenue grows by 15 per cent, to Rs 5,487 crore #Press #Media @BT_India

Country’s fifth largest software services firm Tech Mahindra today 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.

#GreyhoundInMedia: Tech Mahindra (@tech_mahindra) Q2 Net at Rs 719.7 cr #Press #Media @zeenews

Country’s fifth largest software services firm Tech Mahindra today 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.

#GreyhoundInMedia: Tech Mahindra (@tech_mahindra) Q2 Net at Rs 719.7 cr #Press #Media @bsindia

Country’s fifth largest software services firm Tech Mahindra today 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.

#GreyhoundInMedia: Back From The Brink #Press #Media #BusinessWorld

BlackBerry is attempting to regain lost ground. And, it is looking beyond devices to do so

In 2013, almost everything that could go wrong was going wrong for BlackBerry. The Waterloo, Canada-based company was seeing a steady slide in its share of the global smartphone market. Add to that rising losses. By August of that year, BlackBerry was on the block. Then, in November, John Chen took over as executive chairman and global CEO.

#GreyhoundInMedia: Huawei enters IT services with telecom projects #Press #Media #HinduBusinessLine

Telecom networking giant Huawei has entered IT services, a shift from its hardware-focussed strategy which will eat into the marketshare of Indian software exporters, especially in telecom-related projects.

#GreyhoundInMedia: 马恒达科技公司第一季度利润下降 8% #Press #Media #Cailiao

马恒达科技公司,印度第五大软件服务公司,表示第一财季盈利下降8%,错过分析师的预期,较高的签证和雇佣成本。净利润下降至631亿卢比,在三个月截止六月三十日,从去年同期的686亿卢比,该公司周四表示。利润从之前三个月上涨了2.7%。马恒达科技公司的营收同比增长24.8%,至5122亿卢比。41个调查的分析师预计收入为5078.3亿卢比,而38个分析师预计净利润为680.4亿卢比,在6月的季度。以美元计算,收入上升18.1%,至8.55亿第二季,从上一季度的3.63%。

#GreyhoundInMedia: 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.

#GreyhoundInMedia: 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 exercise that may see as many as 50,000 employees cut from its ranks.

#GreyhoundInMedia: Enterprise major Oracle plans one office in every state capital as it sees higher tech spending #Press #Media #EconomicTimes

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 exercise that may see as many as 50,000 employees cut from its ranks.

#GreyhoundInMedia: Tata Communications to up data centre size, spend $200 million #Press #Media #HinduBusinessLine

Global communications and enterprise service provider Tata Communications said the company expects to lead the data centre business in India with around 26 per cent market share right now. According to the company, it tops the data centre market right now and it is growing at around 22 per cent year on year. The company plans to invest more than $200 million towards doubling capacity in India from five-lakh square feet to 10-lakh square feet over a period of three years.

#GreyhoundInMedia: Airtel chops IBM contract in half, comes full circle with its IT strategy #Press #Media #ZDNet

Recently Bharti Airtel signed a new deal with IBM for its IT needs that sent shockwaves through the IT industry and signaled a whole new era, not just for the Indian telecom giant, but in how relationships between telecom and IT may play out from here onwards.

#GreyhoundInMedia: Yahoo! India clicks into Marissa’s turnaround plan #Press #Media #HBL

Gurmit Singh, who took over as the Managing Director of Yahoo! India earlier this year, has a tough job in hand. At a time when rivals such as Google and Facebook are catching the imagination of Internet users, Gurmit Singh has to ensure that Yahoo!, which was once the darling of netizens, stays relevant. The stakes are high as India’s Internet user base, currently at about 150 million, is growing rapidly and Yahoo! has a lot of catching up to do.

#GreyhoundInMedia: The Social CIO #Press #Media

Enterprise technology decision makers are increasingly leveraging social network and technologies to foster growth in their organisations. Social technologies are playing a major role in fostering growth among organisations and enterprise technology decision makers are leveraging social networks in numerous innovative ways. There are some key verticals like BFSI, telecom, retail and hospitality which is using social technologies to reach out to their customers. Interacting with the customers on a regular basis allows enterprises to know their requirements and this helps in coming up with offers or products that are liked by the customers.