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Azim Premji's charitable trusts grow richer on dividends, share sales

New Delhi, March 18 -- Billionaire Azim Premji's two philanthropic trusts earned Rs.11,357 crore ($1.65 billion) over the past nine years by way of dividends, share sales and buybacks, becoming one of... Read More


Are IT spend, economic growth decoupling?

New Delhi, March 8 -- As fast-paced changes reshape global retailers, carmakers and banks, these companies are spending more time and money on digital technologies to ensure that they don't face annih... Read More


Infotech is the only sector with multi-decadal growth visibility

New Delhi, March 8 -- In many ways, Rajesh Gopinathan is like the company he leads. Tata Consultancy Services Ltd (TCS) does business without much fanfare and is set to record $20 billion in revenue i... Read More


IT spending may be decoupling from economic growth

New Delhi, March 5 -- As fast-paced changes reshape global retailers, carmakers and banks, these companies are spending more time and money on digital technologies to ensure that they don't face annih... Read More


IT is the only sector with multi-decadal growth visibility: TCS CEO

New Delhi, March 4 -- In many ways, Rajesh Gopinathan is like the company he leads. Tata Consultancy Services Ltd (TCS) does business without much fanfare and is set to record $20 billion in revenue ... Read More


L&T to invite external expert to probe staff's role in Cognizant case

New Delhi, March 2 -- Larsen and Toubro Ltd (L&T) will ask an external expert to investigate if any illegal payments were made by any of its employees at the behest of US-based Cognizant Technology So... Read More


Companies embrace new norm that splits chairman, MD posts

Mumbai, Feb. 22 -- More than two-thirds of India's top publicly- traded companies have separated the positions of chairman and managing director (MD), although the deadline to comply with the rules is... Read More


Cognizant may have used L&T to bribe govt officials

New Delhi, Feb. 22 -- Larsen and Toubro Ltd (L&T) facilitated the payment of $3.64 million in bribes to Indian government officials on behalf of Cognizant Technology Solutions Corp. to secure permits,... Read More


Companies embrace new norm that splits CMD posts

New Delhi, Feb. 19 -- More than two-thirds of India's top publicly-traded companies have separated the positions of chairman and managing director (CMD), although the deadline to comply with the rules... Read More


Brian Humphries has his work cut out as Cognizant Technology CEO

New Delhi, Feb. 15 -- During the 2008 financial crisis and for the next two years, Cognizant Technology Solution Corp.'s chief executive officer (CEO)-designate Brian Humphries served as the chief of ... Read More