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HCL Tech Q4 PAT up 53.7%; crosses $5B revenue, $1B net profit milestone for FY14

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31 July, 2014

HCL Tech Q4 PAT up 53.7%; crosses $5B revenue, $1B net profit milestone for FY14

India's fourth largest software services firm HCL Technologies today reported a 53.7 per cent jump in its consolidated net profit ......

Wipro shares tank as Q1 earnings lag estimates

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25 July, 2014

Wipro shares tank as Q1 earnings lag estimates

Shares of IT services major Wipro plunged as much as 8.5 per cent in morning trade today after the company's ......

Rakesh Jhunjhunwala invests in VCs-controlled e-payments firm Remedinet

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23 July, 2014

Rakesh Jhunjhunwala invests in VCs-controlled e-payments firm Remedinet

Bangalore-based Remedinet Technologies Pvt Ltd, a company that provides pre-authorised e-payments platform to insurance companies & hospitals, has secured an ......

Infibeam eyes up to $166M through IPO in India

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23 July, 2014

Infibeam eyes up to $166M through IPO in India

Ahmedabad-based Infibeam Inc, the company behind the consumer e-commerce venture Infibeam.com and B2B e-commerce platform Build A Bazaar, is looking to ......

Bessemer's Abhijeet Muzumdar joins Amazon to look after M&As in India, SE Asia

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24 July, 2014

Bessemer's Abhijeet Muzumdar joins Amazon to look after M&As in India, SE Asia

Abhijeet Muzumdar, vice president of global VC firm Bessemer Venture Partners, has joined Amazon India as its head of corporate ......

App development startup Appdra raises $1.5M through crowd funding

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22 July, 2014

App development startup Appdra raises $1.5M through crowd funding

Bangalore and US-based app development startup Appdra Software Solutions Ltd has raised $1.5 million in Series A round of funding ......

Mobile workplace firm Workspot raises $6.5M in Series A funding from Helion, Translink, Qualcomm

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21 July, 2014

Mobile workplace firm Workspot raises $6.5M in Series A funding from Helion, Translink, Qualcomm

California-headquartered Workspot Inc, a provider of mobile-based workspace-as-a-service solutions to enterprises, has secured $6.5 million in Series A round of funding ......

Wipro to acquire Canadian firm ATCO's IT arm for $195M

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18 July, 2014

Wipro to acquire Canadian firm ATCO's IT arm for $195M

Azim Premji-led global IT firm Wipro Ltd said it will acquire ATCO I-Tek, an IT business of Canadian firm ATCO ......

Info Edge eyes up to $125M via QIP, may buy firms to boost property unit 99acres

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18 July, 2014

Info Edge eyes up to $125M via QIP, may buy firms to boost property unit 99acres

Info Edge (India) Ltd, which runs a slew of internet properties, including Naukri, 99acres, Jeevansathi, and Shiksha, looking to raise fresh financial resources and may ......

Rolta raises $300M through overseas bonds

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18 July, 2014

Rolta raises $300M through overseas bonds

Mumbai-based IT solutions provider Rolta India Ltd, through its wholly owned overseas subsidiary Rolta Americas LLC, has raised $300 million ......

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