Software Firm News

Companies

Software firm Ebix offers to buy India's ticketing firm Yatra Online

The offer price of $7 per share represents a premium of 84 percent to Yatra's Friday close  Yatra could not be immediately reached for comment

1 min read11 Mar 2019
Opinion

IT job cuts at Infosys, Wipro and other firms aren’t Donald Trump’s fault

Job cuts at IT firms have been in the works for five years now, it's only getting noticed in the age of Donald Trump as muted hiring gives way to firings

2 min read12 May 2017
Companies

Infosys in process of adding two new members to board: report

Infosys's founders are in the process of submitting list of candidates to the lawyers who will submit a list of probables to the board's Nomination and Remuneration Committee

1 min read24 Apr 2017
Politics

US to start accepting H-1B work visas applications from 1 April

There is no change in the congressionally-mandated cap of 65,000 on H-1B visas for the financial year 2017, beginning 1 October

1 min read17 Mar 2016
Companies

Infosys CEO Vishal Sikka bets big on Zero Distance, Design Thinking

Sikka projects that Zero Distance initiative will help its clients save more than $1 billion a year

4 min read3 Feb 2016
Market

IT stocks buck weak market trend, gain over 3% on rupee fall

Led by the gains in these stocks, the BSE IT index ended 1.63% higher at 10,523.17

1 min read7 May 2015
Companies

Vishal Sikka brings more SAP colleagues to Infosys

Since Sikka took over as Infosys CEO in August, a total of 10 SAP executives have joined the software company

2 min read1 Apr 2015
Industry

Helion Venture plans to invest in Pune-based software firms

Firm looking at investing 10-15% of its $250 mn fund; first deal could take place in the next two quarters

3 min read30 Apr 2013
Politics

Onsite work eligible for tax sops, I-T dept clarifies

Profit from deploying manpower abroad to also qualify for tax benefits; industry seeks review of sops denied earlier

4 min read17 Jan 2013
Companies

India IT firms eye buys as tech spending rises

India IT firms eye buys as tech spending rises

2 min read8 Feb 2011
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