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Companies

Virginia Rometty, IBM

IBM Job Cuts to Affect 5,000 Employees in India: Report

IBM's India operations have 1.3 lakh employees, accounting for over a quarter of its global workforce. Jan 28, 2015
Apple Beats Samsung As The Global Smartphone Leader, Gartner Shows In Numbers

Apple Records Highest Quarterly Profit in History as iPhone Sales Zoom

Apple posted the highest recorded quarterly profit ever at $18bn owing to strong iPhone sales. Jan 28, 2015
Virginia Rometty, IBM

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

The IT firm dismissed rumours surrounding a Forbes report claiming the company is to cut about 1,12,000 jobs. Jan 27, 2015

TCS Revokes Termination Of Pregnant Employee, Prepares To Face Lawsuit Filed By Another Dismissed Employee

TCS has revoked the termination order of a pregnant female employee, as per company policy. The company prepares to face the lawsuit bought on by another male employee. Jan 21, 2015
Twitter Shares Soar Following Takeover Rumours; Is Google A Potential Buyer?

Twitter Makes First Indian Acquisition - ZipDial - a 'Missed-Call' Service Provider

Furthering the Indian software success story, ZipDial, a missed-call marketing platform company, has been acquired by US-based micro-blogging site Twitter. Jan 20, 2015
TCS CEO N.Chandrasekaran

Employee Under-Performance and the TCS Saga -- Myth and Truth

As former employees struggle to come to terms with their lives taking a strange turn, employers have also raised the performance bar. The Indian IT employee has much to be concerned about. Jan 19, 2015
Azim Premji

Wipro Q3 Results 'Fires All Engines,' Shares Up By Almost 8%

The Bengaluru based company reported its third-quarter results ended 31 December 2014 after market hours on Friday Jan 19, 2015
it-giant-tcs-pins-hope-in-new-government

What's on TCS CEO's Budget Wishlist? Ease of Doing Business, Simple Tax Dispute Resolution

TCS CEO N Chandrasekaran asked the government to improve the business start-up scenario and to simplify tax dispute resolution provisions. Jan 17, 2015
TCS CEO N.Chandrasekaran

TCS Remains 'Sensitive' and 'People-Centric', Insists CEO Chandrasekaran

TCS CEO addressed the recent canards of firing thousands of people, insisting that the employer remains 'sensitive' to its employees Jan 17, 2015
Zomato valuation quadruples in a year

Zomato Buys US Food Portal Urbanspoon for $50 mn; Plans to Raise $100 mn in Fresh Funding

Indian start-up Zomato acquires US-based food portal Urbanspoon for $50mn in an all-cash deal and plans to raise $100mn in fresh funding. Jan 13, 2015
ASUS Hints to Release EeeBook X205 Laptop in India by the End of This Month

ASUS Hints at a new EeeBook Laptop in India by End of this Month

The company sent us a teaser mentioning this will mark the first product announcement of the brand in 2015. Jan 8, 2015
Infosys founder Narayana Murthy

Unionization Of IT Employees? A Resounding 'No!'

The move to unionize IT staff is shortsighted and would steal the industry of its ability to self-regulate and adapt to economic and technological realities. Jan 6, 2015
Xiaomi Redmi 1S

Xiaomi's Revenue Doubles to $12 Billion as Phone Sales Triple

Xiaomi, China's largest smartphone maker, announced on Monday that its revenue had doubled to $12 billion on account of its phone sales that tripled in 2014. Jan 5, 2015
Seagate Launches Live Logo

CES 2015: Seagate Hints at Rebranding through "Living Logo"

New Branding, Ad Campaign and Innovative Partnership with Getty Images will demonstrate Data life around the Globe Jan 5, 2015
Tata Consultancy Services

IT Workers To Unionise? TCS Retrenchment 'Limited' to 3,500 Employees

IT workers with eight-years of work experience are allegedly marked for retrenchment to make way for younger colleagues. Jan 5, 2015
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