Category: Technology

It is official, technology giant Apple is opening a development centre in Hyderabad. Confirming this, the company said in a statement, “We’ve been investing to expand our operations in India and are thrilled to have passionate customers and a vibrant developer community across the country. We are looking forward to opening a new development office in Hyderabad that will be home […]

Country’s fourth-largest software services firm HCL Technologies today said it has acquired Volvo group’s external IT business and has signed a five-year outsourcing deal with the commercial vehicles maker. The acquisition, for which the companies signed a letter of intent in October, will add 40 new customers in the Nordic and France regions and 2,500 highly skilled employees from 11 […]

HP  Enterprise CEO Meg Whitman was paid $17.1 million in total compensation last year, down $2.5 million, or 13% from the previous year, according to regulatory filings on Friday. Most of the cut came from her bonus, or non-equity incentive plan, which went down from $4.3 million in 2014 to $2.5 million last year. Her base salary remained the same […]

Infosys has promoted 2,100 employees soon after reporting stellar December quarter numbers that comfortably overshadowed not only market expectations but also larger rival Tata Consultancy Services, which missed estimates for the quarter. A spokeswoman of the country’s second largest software exporter confirmed the development and said the promotions would be effective January 1. The latest round of promotions have been […]

Three Wipro employees in Kolkata have been arrested in connection with a security breach in the customer records of a UK-based telecom client TalkTalk, a development that could have major implications for the IT company. A TalkTalk spokesperson said it is reviewing its relationship with Wipro. The British media carried the news on Wednesday, given that TalkTalk is a major […]