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  1. Business News
  2. Authors
  3. sameer ranjan bakshi

Sameer Ranjan Bakshi

HCL Tech, Google Cloud, alliance, GenAI technology, Gemini, HCLTech AI Force, partnership
HCLTech joins peers in asking employees to work from office

The development comes on the back of larger peer TCS mandating employees working from office for all days in a…

By Sameer Ranjan Bakshi
February 16, 2024 02:45 IST
coznizant, cognizant india, industry, industry news
Cognizant’s India headcount declines by 4,500 in 2023

Globally the company had approximately 347,700 employees at the end of 2023, which was lesser by 7,600 compared to December…

By Sameer Ranjan Bakshi
February 16, 2024 01:00 IST
infosys, infosys quarterly results, variable pay, industry
Variable payout at Infosys for Q3 down to 73% from 80% in Q2

Infosys had reduced its variable pay to 60% for the March quarter of FY23, citing global macro-economic headwinds.

By Sameer Ranjan Bakshi
February 15, 2024 06:00 IST
citius tech, healthcare, healthcare sector, automation, tech in healthcare
Automation is driving tech spends in healthcare sector: CitiusTech CEO

With around 8,500 employees, CitiusTech has offices across Mumbai, Pune, Bengaluru, Hyderabad and Chennai. India houses about 75% of its…

By Sameer Ranjan Bakshi
Updated: February 15, 2024 18:25 IST
LTIMindtree, top news, latest news, economy news, enterprise resource planning, business news,
Amid flux in top level, LTIMindtree grooms two internal candidates for CEO transition

The term of the current CEO, Debashis Chatterjee, is set to end next year. Mails and text messages to LTIMindtree…

By Sameer Ranjan Bakshi
February 14, 2024 04:55 IST
it industry, it companies, information technology, industry
India gives consolation to IT firms hit by weak tech spends in America

A recent Gartner report said that in 2024, spending on IT services in India is projected to grow 13.4%, up…

By Sameer Ranjan Bakshi
February 12, 2024 05:30 IST
Tech Mahindra Q1 Results 2024: The results will be declared on July 25.
New MD and CEO Mohit Joshi starts on a positive note at Tech Mahindra; goes the Infosys way to create centralised delivery

Joshi is currently in the process of defining his long-term strategy and the company is now focused on three tracks…

By Sameer Ranjan Bakshi
February 10, 2024 01:15 IST
Nadella also announced Microsoft’s new skilling investment in India to empower people and organisations to thrive in the AI era
Nadella announces expansion of Code Without Barrier program

Will train 75,000 women developers in India

By Sameer Ranjan Bakshi
February 9, 2024 09:00 IST
cognizant, financial services, cognizant financial report, cognizant financial services
Cognizant’s profit up 6.2% to $558 million, revenue down 2.4% to $4.76 billion, an eight-quarter low

Net profit during the quarter was up 6.2% sequentially at $558 million on the back of healthy deal wins, acquisitions…

By Sameer Ranjan Bakshi
February 8, 2024 01:15 IST
Wipro,
Wipro reducing mid-level staff to reduce flab

Wipro, the country’s fourth largest IT firm, this week said aligning its business and talent to the changing market environment…

By Sameer Ranjan Bakshi
February 6, 2024 03:20 IST
sonata, sonata software, sonata software results, sonata q3 results
Loss due to one-time hit of contingent payment: Sonata CFO

Facing a contingent consideration related to its recent acquisitions, Sonata Software this week reported a net loss of Rs 46…

By Sameer Ranjan Bakshi
February 5, 2024 01:15 IST
Wipro, Wipro lay off, wipro lay off plans, top news, latest news, business news,
In a Left-Shift strategy Wipro to axe hundreds of mid-level employees

Most of the employees who are likely to be laid off are in non-billable sections. There are also some in…

By Sameer Ranjan Bakshi
February 1, 2024 06:30 IST
job
Mid cap IT firms employee count went up in Q3

The trend was opposite for the big ones

By Sameer Ranjan Bakshi
January 29, 2024 02:45 IST
money
Pay cheques for senior IT staff doubled in last three years

Narsimha Rao Mannepalli, EVP and co-head of Delivery, Infosys, resigned last year and is reportedly joining Cognizant. His remuneration grew…

By Sameer Ranjan Bakshi
January 29, 2024 02:00 IST
Verizon, HCLTech, Q3 net profit, US telecom vertical in Q3, top news, latest news, industry news,
Verizon deal saw HCLTech beat peers in Q3

HCLTech was in the same league as its peers during the first and the second quarter. Analysts say a combination…

By Sameer Ranjan Bakshi
January 27, 2024 00:45 IST
Birlasoft, CEO Guha, top news, latest news, business news, top Business news, latest business news,
Revenue from large clients is growing faster than Birlasoft’s average: CEO Guha

Birlasoft is experiencing a rise in revenue from fixed-price and fixed-monthly type contracts, jumping from a 60.9% share in total…

By Sameer Ranjan Bakshi
January 26, 2024 01:10 IST
Tata Technologies, Tata Technologies Q3, profit after tax, top news, latest news, business news,
Tata Technologies’ net at Rs 170 crore; up 6.1 per cent q-o-q

The company had posted a consolidated profit after tax (PAT) of Rs 148.38 crore in the same quarter last fiscal,…

By Sameer Ranjan Bakshi
Updated: January 25, 2024 22:42 IST
Wipro
Premji gifts Wipro shares worth Rs 500 crore to sons

The senior Premji had 225.8 million shares in Q3 of FY24. After the gifting transaction, that fell to 215.5 million…

By Sameer Ranjan Bakshi
January 25, 2024 03:10 IST
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Latest News

Defence

Rs 8,600 cr defence orders in Q2: Radar, electronics and simulators drive supply chain

The capital cost of a 700-Mw reactor can be around Rs 15 crore per Mw against about Rs 9 crore per Mw for coal.

Nuclear power has a tariff hurdle

According to the RBI, growth should remain strong enough and credit demand good enough after this hike

Time to build ‘guardrails’

India’s scale in 5G is one of the leading factors creating Ericsson’s view of the country’s competitive position.

Ericsson to export India-made antennas to Europe

DHS said this is to reduce fraud, strengthening the immigration system and protecting American workers (AI generated)

DHS proposes up to $100,000 OPT fee: What changes for foreign students in the US?

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