Wipro Q4 FY2021 results : Wipro has reported a net income of INR29.7 billion ($406.4 million) for the fourth quarter of the fiscal year 2021 (Q4 FY2021) that ended 31 March 2021, a 27.8% increase compared to INR23.35 billion ($310 million) reported in Q4 FY2020. The Indian IT services provider registered an increase of 31.8% […]
HCL Technologies, an Indian IT company, has opened an innovation center in Mississauga, Ontario, which will be focused on digital acceleration. From the new global delivery center (GDC), HCL will provide advanced technology solutions for its global client base to help expedite their digital transformation. HCL will offer next-gen services such as digital and analytics […]
Infosys said that it will expand its Retirement Services Center of Excellence in Chester County, Pennsylvania by recruiting 300 American workers. The Indian IT services company plans to hire the roles across technology and digital services, client administration, and operations. Tom Wolf – Pennsylvania Governor said: “Our commonwealth is known worldwide for its leadership in […]
Indian IT company Tech Mahindra has appointed Milind Kulkarni as the Chief Financial Officer (CFO) with effect from 2 April 2021. Milind Kulkarni will replace the current Tech Mahindra CFO Manoj Bhat, who will assume the role of Group Chief Financial Officer at M&M Group as part of the group’s leadership rotation strategy. CP Gurnani […]
Infosys Q3 2020 results : Indian IT services giant Infosys has reported net profit of $705 million for the three months ended 31 December 2020 (Q3 2020), a 12.6% growth compared to $626m reported in the same period of 2019. For the nine months that ended 31 December 2020, Infosys saw its net profit grew […]
Indian IT company Wipro has signed a digital and IT partnership deal worth up to $1 billion with German food service distribution company METRO AG. As a part of the deal, Wipro will take over the IT units of METRO AG, which include METRO-NOM GMBH in Germany and METRO Systems Romania. Through the partnership, 1,300 […]
India-based IT company Wipro has secured an application management (AMS) and services integration and management (SIAM) contract from Fortum, a Finnish state-owned energy company. Under the five-year agreement, Wipro will manage the application portfolio of the Finnish company across hundreds of applications for 11,500 plus users in 18 countries. Besides, Wipro will have to give […]
ServiceNow acquisition of Passage AI : US cloud computing company ServiceNow has agreed to acquire Passage AI, an artificial intelligence (AI) start-up company based in Mountain View, California which provides conversational AI-enabled interfaces. Financial terms of the deal were not disclosed. Established in 2016 by CEO Ravi N. Raj, CTO Madhu Mathihalli and CTO Mitul Tiwari, Passage […]
Dover acquisition of Soft-Pak : Industrial products manufacturer Dover has agreed to acquire So. Cal. Soft-Pak (Soft-Pak), a provider of software for the waste and recycling fleets. Based in California, Soft-Pak serves the waste and recycling fleet industry with integrated back office, route management, and customer relationship management software solutions. Soft-Pak is claimed to have […]
AgReliant Genetics has bagged a contract from Indiana-based IT services provider GyanSys to implement SAP S/4HANA on HANA Enterprise Cloud (HEC) as part of the digital transformation journey of the US seed corn company to replace its legacy ERP systems. Steve Thompson – CIO of AgReliant Genetics said: “GyanSys led our team to conduct S/4HANA […]