Information Tech (IT)

French software company Planisware IPO aims for 1.11-1.25 billion euro valuation

The group said 15.1 million shares will be sold, priced between 16 and 18 euros each, and it hoped to raise 241 million euros ($254.52 million) from the share sale.

TCS asks employees to return to office five days a week; may end work-from-home from October

Several IT majors have been advocating for employees to return to office more often while retaining the hybrid work flexibility. They cite productivity concerns as the reason to reduce remote work.

Ashok Soota sells 1.11% stakes in Happiest Minds to fund SKAN

This came after the company's share prices dipped over 4%, at the BSE to Rs 872, during the day following the sale. Soota's holding in the company which was 51.24% now stands at 50.13%.

Accenture Q4 net income down 16%, pegs FY24 revenue guidance at 2-5%

Accenture’s deal wins, revenue guidance and managed services numbers are seen as a preview for Indian IT services firms as they are scheduled to report their FY24 second quarter results next month.

Cognizant appoints Wipro executive Jatin Dalal as CFO

Dalal will succeed Jan Siegmund, who intends to retire in early 2024, Cognizant said in a release, adding that Dalal will be reporting to chief executive officer Ravi Kumar S.

Protean eGov Technologies eyes Rs 1,300-crore listing by end of October

The IT-enabled solutions provider’s public issue will be entirely an offer for sale (OFS) by existing investors, giving an exit to eight of its over 20 investors, sources said.

Gokul Subramaniam elevated as Intel India president

Subramaniam, who has been with Intel for over 11 years, will be responsible for the company's overall engineering and design operations in the country, including driving innovation, cross-group efficiencies and execution of Intel products from the site.