It Company
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Tech Mahindra to acquire Japan's mobile network solution firm K-Vision for $1.5 mn to expand 5G business
•K-Vision provides network services for mobile communications to telecom operators in Japan
Indian-American CEO of IT firm, FutureNet Group pleads guilty to giving over $6,500 as bribe in the US
•Parimal Mehta, 54, a former CEO of FutureNet Group Inc, according to guilty plea, between 2009 and 2016, hand-delivered more than $6,500 to Charles L Dodd, the former Director of Detroit's Office of Departmental Technology Services.
H-1B visa violations: Silicon Valley-based Walmart vendor Cloudwick Technologies fined for paying subpar wages
•An Indian-American owned IT company in California was asked to pay $173,044 in wages to 12 of its foreign employees, in violations of H-1B visa norms
TCS' new campus Olympus Centre in Hiranandani Complex to house 30,000 employees
Ians •Olympus Centre of TCS is spread across 19 lakh square feet in Hiranandani Complex and is largest IT facility in country
Wipro blames Donald Trump for putting its business at risk, says weak client spending to hurt biz
Fp Staff •Wipro further highlighted that its revenue and operating results is directly linked to the the use of technology in business and the type and level of technology spending by its clients
Infosys rejects claims of hiring bias in US
Fp Archives •Infosys Lts, India's second-largest software services provider, rejected allegations by an American job applicant that she was not hired for a position in the United States because of her nationality.
Infosys in trouble again: US job seeker files lawsuit for 'hiring bias'
Fp Staff •A Wisconsin-based IT professional has filed a lawsuit against Infosys, alleging that the software services exporter discriminates against US job applicants in favour of South Asians for jobs in the US.
NIIT Tech posts 40% jump in profit to Rs 58 crore
Fp Archives •IT firm NIIT Technologies' net profit jumped 39.7 percent to Rs 57.5 crore for the quarter ended 30 June, 2012.
Infosys stock tanks nearly 9% on weak growth outlook
Debojyoti Ghosh123 •Shares of the Bangalore-based IT firm closed at Rs 3357.50 on the Bombay Stock Exchange on Thursday, while the sensitive index, Sensex, ended the day flat, down 0.4 per cent.