US banks are as yet an untapped market for Indian core-banking systems and there have only been sporadic deals in the sector.
The company had said it would pay shareholders up to $2 billion through dividends and share buybacks in FY18 in April.
In an interview with ET, HP's CEO Dion Weisler spoke about the company’s plans for India-specific devices and its prospects in the Indian market.
Aegis has been focusing on South Asia and serves companies in Japan and Korea out of its existing centres in Malaysia. According to research firm IDC,
Experts say the improved outlook comes on the back of years of investments in platform and digital offerings that are beginning to bear fruit.
Several articles have been written predicting the end of the Indian IT sector but changes in the space are nothing new, Rakesh, also Mphasis CEO, said.
MINE- a Microsoft Intel network for Eyecare is a global consortium of eyecare providers and academic institutions that will apply artificial intelligence to help in eyecare delivery.
The company said the deal price included earn-out and employee retention amounts. The company was founded in 2012 and has business operations in London, Norwich and Dubai.
In the second-quarter, it reported revenue of $3.67 billion, up 3.5% from the first quarter.
The Bengaluru-headquartered company said it would integrate Tricentis’ continuous testing platform, with Wipro AssureNXT platform.
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