Mindtree founders hope to stall takeover

Mindtree founders continue their search for a white knight even as they oppose the largest shareholder and Coffee Day founder V G Siddhartha’s impending sale of his 21% stake to L&T.

from Tech-Economic Times http://bit.ly/2FUwB7Y

Mphasis eyes double-digit revenue from Blackstone

The firm is working with 10 of Blackstone’s 95 portfolio firms and there is enough opportunity for expansion.

from Tech-Economic Times http://bit.ly/2Um1oxx

3 years on, Abidali Neemuchwala has several hits, and misses too

During the nine months to December 2018, Wipro grew 5.7%, more than double the growth of 2.7% in fiscal 2018. This pace, however, is slower than larger rivals Tata Consultancy Services at 12.1% and Infosys at 10.1%.

from Tech-Economic Times http://bit.ly/2MBkhda

Global IT spending to reach USD 3.8 trillion in 2020: Gartner

Worldwide IT spending is projected to total at USD 3.76 trillion in 2019, an increase of 3.2 per cent from last year, according to research firm Gartner.

from Tech-Economic Times http://bit.ly/2Sd7DGz

Now Jio launches an IRCTC like app for booking train tickets

Available on the Jio App Store, the JioRail app also allows Tatkal booking.

from Tech-Economic Times http://bit.ly/2DF8M1H

Wipro plans to double campus hiring this year as company sees growth

As the top four Indian IT companies see resurgence of growth, demand for young talent, who could be trained in newer digital skills, are seeing a steady increase.

from Tech-Economic Times http://bit.ly/2B2hcy3

IBM helping Indian companies become 5G-ready

The US software company is in talks with Indian enterprises, including telcos, to help them define their 5G strategy and build their capabilities to address that demand.

from Tech-Economic Times http://bit.ly/2CLmJtc