IBM GLOBAL BUSINESS SERVICE
Amazon appeals $10-billion Pentagon contract won by Microsoft
Meanwhile, US defence secretary Mark Esper said on Friday the Pentagon awarded the contract to Microsoft after a fair competition. “I am confident it was conducted freely and fairly without any type of outside influence,” Esper told a news conference in Seoul.
EY partners with cos for client solutions
Tom Velema, EY’s alliances leader for EMEIA, who was in India recently, told ET that the shift in s...
LinkedIn launches ‘Open for Business’ feature globally for SMEs
The Open for Business feature also allows members looking for services to sea...
India’s IT services vendors wary of making long-term commitment to single vendors: GlobalData
GlobalData said that the average outsourcing contract deal size amongst the Indian IT services vendors has come down to $17.2 million in the first half of this year from $22.9 million during the same period last year. Similarly, the average contract duration for Indian vendors has come down from 40.2 months to 35.8 months during the same period, it added.
L&T Cap likely to sell Dubai Wealth business
The wealth book is estimated to be about $200-250 million which may be valued between 2 and 5 percent of the book size.
Business restructuring underway at Persistent Systems
Under new CEO Chris O’Connor, who took charge in April this year, Persistent Systems has adopted a solution-oriented approach to working with clients which has resulted in an increase in deal sizes. The company now maps a client’s overall IT spends against its own portfolio to determine what the other areas are where it can contribute.
It is far better to invest in boring businesses than constantly walking on minefields: Nilesh Shah, Kotak AMC
What is looking safe is not cheap anymore and what is looking cheap is not looking safe.
Troubles mount for Indian IT firms as clients look for more bang for buck
Analysts said several clients have asked Indian IT majors to cut rates and commit to costs savings upfront.
ET BUSINESS EXCELLENCE 2019 - TRAILBLAZERS IN THE LIMELIGHT
Some of Bengaluru’s biggest achievers, admirable entrepreneurs, top-notch businessmen and generous philanthropists, were applauded at The Economic Times – B...
‘IT services & tech startups help put India on the AI path’
For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitise and store data. Industry is now increasingly adopting this infrastructure. Since legacy systems are slow to change, they are the laggards.
Services exhibition to be held from Nov 26-28 in Bengaluru to attract investment
The programme, aimed at engaging industry and governments across the world and to promote greater exchange of trade in services between India and rest of the world, will have Services Export Promotion Council (SEPC) and Confederation of Indian Industry (CII) as partners.
SEPC for adding more services under export incentive scheme to boost shipments
Services Export Promotion Council (SEPC) Director General Sangeeta Godbole has said that they have asked the commerce ministry to widen the scope of SEIS by including more services in the list like animation and VFX under audio visual services. She said the council is working with the Commerce Ministry on the matter.
In the future of manufacturing, what's your strategy?
Can embracing an innovative approach also translate into commercial gains? Experts are of the view that the nation's manufacturing firms will need to focus on developing capabilities in innovation and not merely rely on jugaad.
Some of the world's richest brace for a major stock selloff
The upcoming American presidential election is seen as a significant threat to portfolios.
US tech companies play green card to hold on to talent
Eight out of the top 10 companies that applied for green cards for their employees in fiscal 2019 were US firms.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service