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Sep 23, 2014

Hemorrhaging talent, Infosys’ new CEO allows staff to use Twitter, Facebook

MUMBAI (Reuters) – Infosys Ltd’s new CEO has come up with a novel approach to reviving the financial fortunes of India’s trailblazing outsourcing firm: use Facebook at work, tweet, but get the job done.

Infosys has long been run as a conservative company known for keeping strict tabs on work hours and sometimes fining employees for not wearing ties on specific days. Such cheerless self-regard could not have come at a more challenging time, analysts say.

Sep 15, 2014

Google launches $105 Android One; eyes low-price smartphone boom

NEW DELHI/MUMBAI, Sept 15 (Reuters) – Google Inc
launched in India on Monday a $105 smartphone, the first device
from its “Android One” initiative which is aimed at boosting
sales in key emerging markets through cheaper prices and better
quality software.

The Mountain View-Based company tied up with Indian handset
makers Micromax, Karbonn and Spice Mobiles to launch the 6,399
rupees phone, which is powered by Google’s operating system and
targets the booming low-cost segment of the world’s fastest
growing smartphone market.

Sep 3, 2014

India’s smartphone wars: Google’s Android One adds to Samsung’s worries

MUMBAI, Sept 3 (Reuters) – Google Inc’s
partnership with three Indian phone makers is set to rev up
fast-growing demand for lower priced smartphones, and spell more
trouble for Samsung Electronics which is rapidly
losing share in emerging markets.

Micromax Infomatics Ltd, Karbonn Mobiles and Spice Group are
the first phone manufacturers to sign up for Google’s Android
One initiative, which provides specifications for key hardware
parts. Some of the new phones are due to hit the market this
month.

Aug 14, 2014

Reliance Communications profit up on higher tariffs

MUMBAI (Reuters) – Reliance Communications Ltd reported a 22 percent rise in quarterly net profit after the telecom services provider raised voice call rates by about a fifth earlier this year.

Leading Indian mobile carriers raised prices after a 2012 court order revoked some licenses which had increased competition and depressed prices.

Aug 14, 2014

India’s Reliance Communications profit up on higher tariffs

MUMBAI, Aug 14 (Reuters) – India’s Reliance Communications
Ltd reported a 22 percent rise in quarterly net profit
after the telecom services provider raised voice call rates by
about a fifth earlier this year.

Leading Indian mobile carriers raised prices after a 2012
court order revoked some licenses which had increased
competition and depressed prices.

Jul 17, 2014

Outsourcing deals boost quarterly net profit at TCS

MUMBAI (Reuters) – Tata Consultancy Services (TCS.NS: Quote, Profile, Research), India’s biggest software services exporter, posted a 26.9 percent increase in quarterly net profit, as it won large outsourcing deals from Western clients in sectors including retail and life sciences.

TCS, which counts Cisco (CSCO.O: Quote, Profile, Research) and Hewlett-Packard (HPQ.N: Quote, Profile, Research) among its customers, has increased profits at a faster pace than rivals Infosys Ltd (INFY.NS: Quote, Profile, Research) and Wipro Ltd (WIPR.NS: Quote, Profile, Research), which have both had internal management changes over the last two years.

Jul 17, 2014

Outsourcing deals boost profit at India’s Tata Consultancy

MUMBAI, July 17 (Reuters) – Tata Consultancy Services
, India’s biggest software services exporter, posted a
26.9 percent increase in quarterly net profit, as it won large
outsourcing deals from Western clients in sectors including
retail and life sciences.

TCS, which counts Cisco and Hewlett-Packard
among its customers, has increased profits at a faster pace than
rivals Infosys Ltd and Wipro Ltd, which have
both had internal management changes over the last two years.

Jul 15, 2014

China’s Xiaomi to invest in India, launches budget smartphones

MUMBAI (Reuters) – China’s Xiaomi said it intends to invest heavily in India as the budget smartphone maker launched on Tuesday its flagship Mi phone and other products in the world’s third largest smartphone market, currently dominated by Samsung Electronics Co Ltd.

Xiaomi’s International Vice President Hugo Barra, a former Google Inc executive who joined last year, said the company does not expect to turn a profit in India any time soon.

Jul 14, 2014
via India Insight

Software products bring hot career choices as India looks beyond IT services

Photo

When Zomato was setting up shop six years ago, the online restaurant search service had to woo engineers, but many weren’t interested in working for an unknown company. Instead, they wanted to work for larger and prestigious names. Slowly, that is changing.

Indian companies such as Zomato and Flipkart, which make their own technology products rather than provide services are becoming more attractive to the country’s engineering school graduates, and are hiring more people as they alter technology industry hiring patterns.

Jun 13, 2014

Newsmaker – New CEO Sikka to revive Infosys with tech, boardroom savvy

MUMBAI (Reuters) – Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom, skills the new chief executive of Infosys Ltd (INFY.NS: Quote, Profile, Research) will need to turn around a company that was once the poster child of India’s $108 billion IT services industry.

Sikka, a former senior executive at German software giant SAP AG (SAPG.DE: Quote, Profile, Research), takes over as India’s second largest IT services exporter struggles to retain staff and market share.

    • About Nivedita

      "Think all things tech and telecoms. Currently in Mumbai. Previously in Chicago, covering retail, transport and airlines. Joined Reuters in 2008."
      Joined Reuters:
      2008
      Languages:
      English, Hindi, Bengali
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