For the quarter ended December 31, L&T Infotech reported revenue of $245.1 million, up 3.8% in constant currency from the second quarter.
India scored unexpectedly high in a report on artificial intelligence (AI) that the IT company released at the World Economic Forum in Davos.
Indian outsourcing giants Infosys & TCS brace themselves for stringent visa norms expected to be unveiled by the new Trump administration in US.
The IT company has about 700 full-time employees working in projects for its Irish customers, about 320 of whom are based in Ireland.
As CFO, Gopinathan does necessarily have the kind of client connect that any of TCS' five geography heads and its industry and service line heads – would possess.
The trade was made by Venkatesan's fund manager for all his clients. Infosys said the trade was brought to the attention of its compliance officer on January 9.
While TCS posted in-line growth and margin, we remain concerned as growth was driven by volatile markets, which entail the potential of springing a negative surprise going forward.
The company also appointed its head of delivery Ravikumar S as deputy chief operating officer reporting to the COO UB Pravin Rao.
Chandrasekaran bolstered his reputation as a rainmaker by reeling in the industry’s first $100 million deal (from GE) in 2002.
IT firms, the main source of jobs for the million engineers who graduate every year, have already begun to reduce the number of people they hire every year.
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