Race is hotting up for the top chair at Mindtree

Debashis Chatterjee and Rajeev Mehta are the front-runners to become firm’s CEO.

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Mindtree will continue to operate as separate entity, hardly any conflict with LTI: L&T CEO

L&T will focus on "continuity" as a key theme in the management transition, SN Subrahmanyan told.

from Tech-Economic Times https://ift.tt/2YAExAR

Pi Datacentres to set up its second data centre in Kochi Infopark

Pi-Kochi is being set up in Infopark phase 2 in 6 acres with an investment of Rs.400 crores.It is expected to be fully operational by March 2020.

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LinkedIn appoints India country manager for the second time in 6 months

Mahesh Narayanan was the country manager for LinkedIn for six months from January to June 2019.

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More than 2,000 crorepatis in Infosys ranks abroad

In FY17, Infosys had over 1,700 employees who earned more than Rs 1crore, as ET had reported.

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Handset makers seek fast action on sourcing norms

Current regulations require foreign-owned single-brand retailers to locally source 30% of the value of items sold in India.

from Tech-Economic Times https://ift.tt/2YEWVbE

As buyback gets taxing, IT companies may switch to dividends

Govt looks to plug a loophole in buybacks as these are not taxed like dividend payouts.

from Tech-Economic Times https://ift.tt/2XQc3G8