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Cisco Systems to raise India staff by 60% over next four years: Cisco Systems will increase its workforce in India by about 60% over the next four years as part of its strategy for emerging markets...

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VISION 2020 sees the sector grow more than double to a $225 bn industry: The information techices sector is set to hire more than 200,000 people in FY 201213 as demand grows in a maturing market...

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Target Bangalore 2500 strong team to help set up their Canada venture: arget, the US’ third-largest retailer, is aiming to set up shop in Canada next year...

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Indian enterprise IT spending will grow 10.3% in 2012: Gartner: There are conflicting signals as to where the Indian IT sector is headed in 2012. While Infosys has sounded a note of caution - they almost...

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Q3 profits: IT biggies Infosys, TCS, HCL give mixed signals on sector's future: Indian enterprise IT spending across all industry markets is forecast to surpass USD 39 billion in 2012, a 10.3 per cent increase from the previous...

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First Ever Lifetime Achievement Award from NASSCOM Conferred on Bharat Goenka: Bharat Goenka, 50, co-founder and Managing Director of Tally Solutions, the company behind the revolutionary Tally....
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Infosys Profits Bloom amid Recession Gloom: The annual IT Best Employers Survey 2011 finds out the best IT companies to work for in India. The survey consists of two parts: HR round and employee satisfaction...

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IT Best Employer: The Top 20: The annual IT Best Employers Survey 2011 finds out the best IT companies to work for in India. The survey consists of two parts: HR round and employee satisfaction...

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HCL Tech Q4 net up 51.7 p.c. YoY at Rs. 510 cr: The company revenue was up by 3.9 per cent to Rs. 4,300 crore from Rs. 4,138 crore in the previous quarter, Financial year net profit Rs 1,709 cr...

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No longer man's best friend: Computer replaces the dog as our faithful companion: The personal computer has overtaken the family dog as man's best friend, according to a study...

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Cognizant Replaces Wipro as No. 3 IT Company: Cognizant said that its revenue rose 34.4% to $1.49 billion in the quarter ended June, and in the process displaced Wipro Technologies as India's No. 3 IT firm in terms of revenue...

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Biocon Inks Pact with Clinigene: Bangalore City-based biotech firm Biocon today said its unit 'Clinigene International' has inked a pact with US-based Spaulding Clinical Research...

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Narayana Murthy of Infosys Technologies: Putting the Institution above the Individual: In a conversation with India Knowledge@Wharton, Murthy shares his thoughts on leaving the company he co-founded, the new leadership team and the challenges ahead...

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India Plans $5 Billion Fab Construction: The Indian government estimates that the creation of a chipmaking industry within India will help create 30 million direct and indirect jobs by 2020...

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Rising Infrastructure cost Forcing MNC Tech cos to Allow Employees to Work from Home: Rising real estate costs and travel time, apart from other complexities of maintaining office space for a growing base of staff...

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Karnataka clears Semiconductor Design Testing lab Proposal: To give a boost to semiconductor industry in the State,...

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TCS posts 26.7 percent rise in Q1 profit at Rs 2,415 cr: Country's largest software company Tata Consultancy Services (TCS) today posted 26.7 per cent rise in its net profit at Rs 2,415 crore for the first quarter of FY 2011-12....

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Karnataka to have Five New Bio-Tech Parks: Karnataka Chief Minister B.S. Yeddyurappa Monday said five bio-tech parks will be set up in the state, including one worth Rs.500 crore in capital Bangalore....

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Mysore Infosys Centre Named after Murthy: Infosys renamed its Mysore Global Training Center as Narayana Murthy Center of Excellence here on Monday 11.July. 2011...

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Karnataka clears Semiconductor Design Testing lab Proposal: To give a boost to semiconductor industry in the State, the Karnataka Cabinet has cleared the IT/BT Department's proposal to set up ‘Design, Testing and Characterisation Laboratory'-BangaloreBest.Com - Your One Stop source on the City of Bangalore...

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Rising Infrastructure cost Forcing MNC Tech cos to Allow Employees to Work from Home: Rising real estate costs and travel time, apart from other complexities of maintaining office space for a growing base of staff, are making a real business case for multinational tech firms like IBM, HP, Cisco and Microsoft ...

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Infosys BPO ties up with IIM Bangalore: Tie up focuses to jointly develop highly customized case study that is slated to be used by business schools as part of the management curriculum...

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IBM Draws up 5-year India Roadmap: Big Blue is turning 100 on June 16. As part of its centenary celebration, IBM in India has drawn up a five-year roadmap with a focus on emerging markets, business analytics, cloud computing and smarter planet...

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Cognizant Results Beat St., May Steal March Over Wipro: Cognizant Technology Solutions posted better-than-expected first quarter earnings and forecast strong second quarter revenues of $1.45 billion, which will help the multinational overtake India’s third biggest software exporter Wipro in quarterly revenues later this year...

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TCS, Infosys, Wipro, HCL Duel MNCs for Bigger US Share: Bangalore's Infosys & Wipro , Mumbai'S TCS and Chennai’s HCL are looking to reach the $20-billion mark within the next few years, India's top technology firms are readying plans to gain a bigger share of their largest market...

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Wipro Technologies Ranked 2nd globally by US Diversity Council: Bangalore based Wipro Technologies, the global IT, Consulting and Outsourcing business of Wipro Limited, announced it has been ranked second in the list of Top 25 US diversity councils...

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Indian Chip Design Industry to Reach $10.2 Billion in 2012 : Bangalore City is a chip design hotspot. The bangalore leading chip design companies here are Texas Instruments, Analog Devices, Phillips, Intel, National Semiconductor and Synopsys among others...

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Huawei to Invest $ 2 bn in India, Hire 3,000 in Bangalore: The centre currently employs 2,000 engineers and with the development of a new facility in the same city will see headcount rise to about 3,000 engineers...

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Indian IT Inc seen Hiring 2.25 Lakh in 2011 : IT majors like Infosys and TCS, among others, of stepping up recruitment in the current season as the global economy is going into a recovery mode...

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Bangalore most Preferred Job City for Engineering Students: In India, Bangalore is the engineers Mecca. It offers growth, options and a community of like-minded people. Bangalore has undoubtedly the largest base in terms of IT companies...

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Top five IT cos to Hire 1.8 lakh Employees in 12 Months: Infosys : Industry estimates suggest that the overall hiring in India by all the IT companies together during 2011 could exceed or at least match the levels of 2007...

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USD 100M contract to TCS from TDC Denmark:Tata Consultancy Services is consolidating its position as one of the biggest IT service-providers in the Nordic region...

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TCS – India’s Best company to work for:TCS, India's largest IT exporter with 2,26,000 employees, has topped the BT-Indicus survey of 'India's Best Companies to Work ...

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Indian IT Services: Shaping Up for the Next Big Push:Earlier this month, newspaper headlines in India about US$5 billion worth of IT outsourcing orders expected from large U.S. banks brought cheer to the Indian IT ...

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AstraZeneca in tie-up with HCL Tech :HCL Technologies (HCL) has been picked by AstraZeneca, a biopharmaceutical company, as a strategic infrastructure outsourcing partner...

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Facebook IPO, a 100 billion USD : The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion, which would top just about...

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Indian IT industry and its future in the turbulent times: Recently, NASSCOM had reiterated that the Indian IT industry would grow by 16-18 per cent this year. In FY2009, the industry had grown in single digits....

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India’s Hottest Startup…is an IT Services Company: Remember Color app? The famous Silicon Valley startup that raised $41mn and "is now pivoting". While we don’t have such ambitious product startups in India...
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IBM's One-Atom-thick Carbon to Make PCs Lightning Fast: A one-atom-thick layer of carbon may one day help International Business Machines and the US military build more precise radar and computers that operate at near the speed of light...

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Kerala Model proposed for growth of IT: A group representing over 150 IT companies in Kerala on Thursday said it has submitted to the government a Kerala Model- a plan that emphasizes taking IT industry away from major cities to semi-rural and rural areas...

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Global PC Shipments Cross 85.2 mn: Gartner: The worldwide PC shipments have surpassed 85.2 million units in the second quarter of 2011, while HP continued to be the worldwide leader...

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Social networking is social 'petworking' too!: Next time when you get a Facebook invite, think twice before accepting it, because the social networking platforms like Facebook, Twitter and YouTube are no longer confined to human beings and many pets are also on social networking sites...

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NIIT Signs $85 mn Deal with US Media Firm: IT solutions company NIIT Technologies today announced a strategic partnership with Morris Communications, a privately-held media company with headquarters in Augusta, Georgia, USA...

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India IT services to reach $9.5 billion in 2011: Gartner: The India IT services market is on pace to reach USD 9.5 billion in 2011, an 18 per cent increase from the previous calendar year's revenue of USD 7.6 billion, IT research and advisory firm Gartner Inc said...

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Internet usage Drives Portals Growth in India: Websites across 20 categories including email, b2b-commerce, e-commerce, online gaming, travel, service providers , Face book, witness revenue of portals , in a year's time...

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Nasscom Common Entrance Test (CET) made mandatory for IT jobs: Students from engineering and arts and science colleges in the country who want to join any top IT company will have to take up a common online entrance test (CET) to be conducted by industry body Nasscom...

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IPO Could Make Facebook Worth Over $100 bn: With more than 500 million users, Facebook is the world's most popular Internet social network and one of the most hotly-anticipated initial public offerings on Wall Street...

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Bangalore To Set Up Semiconductor Lab: The Karnataka Cabinet approved a proposal to set up a semiconductor lab by the Indian Institute of Information Technology Bangalore (IIIT-B) in Bangalore. International Institute of Information Technology - IIIT Bangalore...

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Indian Semiconductor Market sees Record Growth: The global semiconductor market’s cyclical trends had very little impact on India in2010, with its semiconductor market growing by 28 percent in 2010 to reach $6.55 billion, according to a report...

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IBM Turns 100 Years: IBM will align itself to a unique global initiative wherein 10,000 IBM employees will volunteer their time and talent in support of Planet initiatives, which will involve rural education and health services...

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Bye, bye Silicon Valley, it's China, India or Bust: A new report confirms what many Asia and tech watchers have known for years: Chinese and Indian entrepreneurs are exiting Silicon Valley in large numbers, pursuing greener innovation pastures back home...

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KV Kamath Appointed New Chairman of Infosys, Shibulal New CEO: Kamath will be the first 'outsider' to head the company's board. The banker, already an independent director with Infosys, will be helped in this task by Kris Gopalakrishnan , the CEO, who has now been made new executive co-chairman...

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Wipro Fights Attrition with Salary Hike: IT major Wipro Technologies that employs around 122,385 people, has announced salary hikes effective June 1, 2011, in an effort to retain its manpower. The wage hike is in the range of 12 to 15 per cent for its India-based staff...

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Biocon to upgrade Bangalore Facility : Biotechnology major Biocon has decided to upgrade its Bangalore facility into a dedicated drug discovery centre giving fillip to its research and development activities...

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Big IT Gets Ready for Double-Digit Growth : India’s leading tech firms are preparing to announce their return to doubledigit growth rates and are tweaking their business models, as they set their sight on crossing the $10-billion revenue mark...

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India as a U.S. Trading Partner: Far Beyond BPO: President Obama's visit to India in November was a welcome opportunity for both the United States and India to focus on the positive aspects of their economic relationship...

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Biocon's Income Touches Rs 2,097 crore : Company's CMD Kiran Mazumdar-Shaw said, "Biocon has delivered the highest ever PAT this quarter and has crossed the Rs 100 crore mark."...

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IGate Acquires Majority Stake in Patni Computer for $1.22 bn: US-based iGate today said it has acquired nearly 63 per cent stake in country's sixth largest IT firm Patni Computer Systems for USD 1. 22 billion...

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Premji to Transfer Wipro Shares Worth Rs 8,846 cr to Trust: Wipro Chairman Azim Premji will transfer company shares worth Rs 8,846 crore to his endowment trust later this month....

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