Software services News

India's fourth largest software services firm HCL Technologies on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over current trading price.

Terming the customer outlook as one marked by "abundant caution", the country's largest software services firm TCS has warned that its financial sector clients in the US are holding back on discretionary spends, leading to a "sequential loss of momentum".

Tata Consultancy Services Ltd (TCS) has warned that its financial sector clients in the United States are holding back on discretionary spending, sending its shares tumbling as much as 6.4 percent to a six-month low.

Country's second largest software services company Infosys Monday said it aims to create 250 new jobs over the next three years in Ireland to develop new technologies and support innovation in global financial institutions.

The Naukri Job Speak Index for September stood at 1,796, witnessing an upward movement of 18 percent compared with September last year.

Global software major Oracle has announced two new additions to its cloud platform for integration -- a comprehensive set of integration services that enable users to quickly get on to on-premises and cloud-based applications.

Country's fourth-largest software services firm HCL Technologies Wednesday said it will collaborate with global tech giant IBM to jointly develop solutions for Internet of Things (IoT).

Country's second-largest software services firm Infosys Thursday announced new services -- Aikido -- that will focus on design thinking, platforms and knowledge-based IT as part of its efforts to return to industry-leading growth numbers.

HCL Technologies Monday posted 2.8 percent fall in consolidated net profit at Rs 1,783 crore for June 2015 quarter on account of higher selling, general and administrative (SG&A) expenses.

Country's third-largest software services firm, Wipro Thursday reported four percent rise in net profit at Rs 2,187.7 crore for the June quarter, broadly in line with street expectations.

Country's third-largest software services firm, Wipro Thursday posted four percent growth in its net profit at Rs 2,187.7 crore for the quarter ended June 30, 2015.

India's third leading software service provider, Wipro Ltd on Thursday reported a net profit of 4 percent to Rs 2,188 crore for the first quarter ended June 30, 2015.

Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said Monday.

Country's fourth largest software services firm HCL Technologies has said it will buy certain assets of Trygstad Technical Services in an all-cash deal.

Wipro Thursday said it will acquire global strategic design firm Designit for 85 million euros (about Rs 595 crore), a move aimed at strengthening the digital services business of the country's third largest software services company.

IT czar Azim Premji has given away almost half of his stakeholding in Wipro, India's third largest exporter of software services, to philanthrophy.

Country's second largest software services firm Infosys has granted 1.24 lakh restricted stock units (RSUs) to its chief executive Vishal Sikka.

The country's third-largest software services firm Wipro on Wednesday said it has hiked wages of its employees by seven percent.

Country's second largest software services firm Infosys Monday said it aims to meet its entire electricity requirements from renewable sources by 2018.

Country's fourth largest software services firm HCL Technologies today said its dollar revenue for the March quarter will see an "adverse impact" of 2.8 per cent on strengthening of the greenback against global rivals.