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10 Dec 2024

Meet Fifth-Richest Person In Bengaluru, Now Pays Millions To His CEO

Infosys Founder Narayana Murthy: Infosys co-founder, Senapathy Gopalakrishnan, has a net worth of Rs 38,500 crores. He served as CEO and Managing Director from 2007 to 2011 and as Vice Chairman from 2011 to 2014.

09 Oct 2024

Meet PAK Man Who Built $100 Billion IT Firm As Ratan Tata's Company First CEO

Success Story Of Faqir Chand Kohli: Ratan Tata's TCS, India’s largest IT firm, is known worldwide, but did you know who founded it and served as its first CEO? Faqir Chand Kohli, a visionary leader, played a key role in shaping India’s IT future, though his story remains unknown to many. Kohli's forward-thinking approach not only put India on the global software services map, but also helped build the $100 billion IT industry. He was instrumental in bringing IBM to India in 1991 through the Tata-IBM partnership. As TCS's first CEO and co-founder, Kohli laid the foundation for what is now a global IT giant, valued at Rs 13.78 lakh crore. Notably, former chairman of Cognizant India Ramkumar Ramamoorthy has worked closely with Faqir Chand Kohli during his time at TCS.

18 Oct 2023

IT Giant Wipro Reports Flat Net Profit In Q2 Amid Global Economic Uncertainty

The Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are reducing spending on discretionary IT projects amid steep inflation that has resulted in higher interest rates.

21 Aug 2023

Wipro Appoints Brijesh Singh As Global AI Head

Wipro ai360 builds on the company's decade-long investments in artificial intelligence (AI) with the goal of integrating AI into every platform, every tool, and every solution used internally and offered to clients, the company said.

19 Aug 2023

Meet The Spirit Behind Infosys On Her Birthday, Who Is Known For Her Humility

Sudha Murthy’s role has gone beyond just mere as a wife of Infosys founder Narayna Murthy. Her influence and support have played an instrumental role in shaping the trajectory of Infosys and its journey to becoming a global powerhouse.

30 Aug 2017

Infosys founders taking part in buyback not to send wrong signal: Balakrishnan

Infosys founders participating in the Rs 13,000 crore buyback offer does not give any wrong signal to shareholders, the IT giant's former CFO V Balakrishnan has said.

24 Dec 2015

Techie working with IT giant steals two cars in a day, arrested

A software engineer, working with an IT giant, has been arrested here for allegedly stealing two cars, police said on Thursday.

30 Jul 2015

NEC posts April-June loss on weak telecom sales

The information technology giant reported a net loss of 10.02 billion yen ($81 million) in the April-June period, barely changed from its shortfall a year earlier.

12 Dec 2014

TCS says on track to exceed 55,000-hiring target for FY15

IT giant TCS on Friday said it is undertaking a performance-based workforce restructuring, but it is not a "retrenchment" exercise and the company may exceed its target of hiring 55,000 new professionals this fiscal.

06 Oct 2014

Samsung makes $14.7 bn bet with new S.Korean chip plant

April-June operating profit for Samsung`s mobile division fell in annual terms for the second straight quarter, the longest streak since at least 2011.

24 Sep 2014

Microsoft phones with Opera browser to hit market early next year

The IT giant, which bought phone maker Nokia, entered into an agreement with Oslo-based Opera Software a couple of months ago.

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