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Archive for the 'Infotech' Category

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CEO of HCL Joins “High Pay CEO” club With Close To Rs. 2 Cr Compensation

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In a statement by the HCL Infosystems given on Monday, the board had approved the revised compensation of their CEO Harsh Chitale. With this new rate he is now among the highest paid CEOS in the country under the hardware and system integration business sector. The salary compensation includes a rent allowance that is about […]


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Lodestone Acquired by Infosys for Rs. 1932 Crores – Largest Acquisition Ever

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Infosys has become know when it comes to software development and business IT consultation. It is among the leading companies in India when it comes to IT. Just recently, the company had acquired a Swiss-based firm known as the Lodestone Holding. The acquisition cost them around $349 million (Approx Rs. 1932 Crores). With this, the […]


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Mobile cloud suite of Solutions Launched by Mavenir

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Mobile Cloud Suite (MCS) was launched by Manevir Systems with the capacity to provide voice, video and messaging for mobile operators. This is a solution that is injected with other mobile application that allows it to become a richer application for everyone who owns a mobile phone. Among the other features that can be done […]


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Accel Partners investment in Universal Collectabillia

Universal Collectabillia will be getting an investment from Accel Partners. The latter company also had some investment in big companies like Facebook and American Venture. The Universal Collectabillia is a celebrity merchandise and brand extension firm that is owned by two known people, namely, the cricked legend Sachin Tendulkar and Anjana Reddy who is also […]


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Top Software Companies Lease 6 Lakh Sq. Ft. Office Space In Bangalore

The technology market of India is definitely doing well these days since more and more known companies are leasing acres of office space in Bangalore and Hyderabad. This information was given by some real estate agents. This just indicates that the number of companies that would invest in the technology sector and software sector are […]


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High quality Loudspeakers of Triangle to enter Indian market

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Triangle which is a French high-end loudspeaker maker will be entering the market of India today with its top quality range of products. According to the Triangle Exports Head, Aurelie Gonzalo, they are looking forward of India becoming its biggest overseas market in the next five years. The company has seen the big potential of […]


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Net Profit of Wipro Increased By 18.37% During Q1

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Business today has become very much competitive. The challenge is greater on those businesses that are on top of the chain. Among the leading companies in the market of software is Wipro and the company is doing its best to become competitive which is the reason why they have reported to have an 18.37% increase […]


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Intex Technologies Aims For Rs 1,000 Crore Turnover

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Intex Technologies is very confident when it comes to the status of their business for the current fiscal year. Their confidence comes from the growing tablet market these days. Being an IT hardware and electronics products company, Intex Technologies is bound to generate good revenue for this fiscal. They are targeting an Rs 1,000 crore […]


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