Infosys goes TCS way, splits business into smaller units
Infosys has decided to split its business into smaller units, which will be managed by the company’s next rung of management.The same decision was taken…
Tech, Media & Telecom Industry News
Intex Aqua Power 4G & Aqua Power HD 4G Smartphones Launched in India
Intex, an Indian smartphone manufacturer has launched two new handsets at an event in Hyderabad. They unveiled two models of smart phones. They are Aqua…
Microsoft bribing customers to use its Edge browser?
In a desperate move to increase the number of users of its Edge browser, Microsoft launched Microsoft Rewards on Wednesday with the aim of luring…
Google introduces Duo a video calling app
Apple’s FaceTime or Microsoft’s Skype got new competition as Google Duo. Google has come up with a new video chat application called Duo. The app…
Apple buys Turi an AI start up for $200mn
Apple acquired Turi Inc. for $200 million in a very exciting purchase. This is the ultimate deal that may change how iPhones, iPads, and their…
L&T Infotech shares fall 6.11% after $184 IPO
Shares of L&T Infotech Ltd fell 6.11% on debut even though the issue was subscribed more than 11 times last week. This is the first…
Kris Gopalakrishnan: 75% of startups will fail
Bengaluru: Infosys co-founder Kris Gopalakrishnan said that almost seventy percent of startups globally will fail and only five to ten percent will become large and…
Mindtree shares hits 52 week low on disappointing Q1 results
Mindtree, the company reported 7% quarter-on-quarter (QoQ) decline in consolidated net profit at Rs 124 crore for the quarter ended June 30, 2016. The Mindtree…
HCL Technologies’ Vijay Kumar gets additional role of COO
NEW DELHI: Because of slowing growth, HCL Technologies appointed C Vijay Kumar as chief operating officer in addition to his present role as president of…
Infosys relaunches ESOPs as attrition hits 21%
BENGALURU: Infosys has relaunched its employee stock option plan (ESOP) for junior to middle-level management staff as it looks to rein in rising attrition that…
L&T Infotech IPO oversubscribed 11.67 times on final day
L&T Infotech’s Rs 1,243-crore IPO got oversubscribed 11.67 times on Wednesday, eliciting strong response with the number of applications crossing 1 million on the final…