IT news
L&T raises equity holding in Mindtree to 28.90%
07 Jun 2019
Wipro chairman Azim Premji to bow out, son Rishad to take over
06 Jun 2019
“As I look into the future, I plan to devote more time to focus on our philanthropic activities,” Azim Premji said, adding that he has great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth
SpaceX launches first 60 satellites for its global internet service
27 May 2019
The launch puts Elon Musk’s global internet project `Startup OneWeb’ well ahead of Amazon's `Project Kuiper’, the brainchild of Musk's space rival Jeff Bezos
HCL Tech Q4 net up 15.3% at Rs2,568 crore
10 May 2019
With annual revenues of $8.63 billion in 2018-19, Noida-based HCL Technologies also surpassed Wipro to become the third-largest IT services firm in India
Microsoft Jan-Mar FY19 net income rises 19% to $8.8 bn
26 Apr 2019
Boosted by cloud business that grew at around 75 per cent and the more than expected earnings growth Microsoft also emerged a trillion dollar company, beating rival Amazon to the third place
SC orders Madras HC to review TikTok order or lift ban
23 Apr 2019
The Supreme Court considers freedom of speech and expression as basic to all rights and wants the high court to leave regulation of the app to its owners
Infosys cuts guidance despite 10.5% rise in Q4 net to Rs4,078 cr
15 Apr 2019
Infosys forecasts compressed margins for the year ahead at 21-23 per cent, much lower than its margin of 22.8 per cent in FY19, while TCS saw its margin rising from 25.6 per cent in FY19 to 26-28 per cent in FY20
TCS Q4 profit jumps 18% to Rs 8,126 crore
12 Apr 2019
TCS reported the strongest revenue growth in the last fifteen quarters with sizeable expansion in order book and client addition
March 2019’s most wanted malware Coinhive stops digging, but cryptomining still dominates
10 Apr 2019
Barring PE Asia to acquire 53% in NIIT Tech for Rs4,890 cr
08 Apr 2019
NIIT Technologies, on its part, will acquire Wishwork IT Consulting, besides selling its entire 88.99 per cent stake in Esri India Technologies Ltd to other equity shareholders of Esri, Inc
Facebook removes ISI-backed Congress party accounts, pages
01 Apr 2019
Facebook said it is removing 687 pages associated with the Congress party, including 103 accounts linked to individuals working for the publicity division of Pakistan’s military establishment, or the Inter-Services Public Relations (ISPR)
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