Mar 29, 2018 -

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Syska Group in expansion mode invests Rs 170 crore in manufacturing plants under 'Make In India' plan
Home Grown Syska group, which has diversified itself into segments ranging from LED-based lighting solutions to personal care products has invested Rs 170 crore in three manufacturing plants for LED lighting facilities and plans to invest in few more plants in coming years under the Make In India plan.
The manufacturing plants will have a big production of lightings varying from bulbs, tube lights, panel lights, industrial lights etc. This investment by the SYSKA Group will also facilitate huge employment opportunities in the country.
The company has invested around Rs 150 crore in the Shirwal plant in Maharashtra, which is mega project under the 'Make in India' initiative of Government of India in Shirwal Maharashtra Industrial Development Corporation (MIDC). The production capacity of the plant would be 30 lakh units per month and it will employ around 1000 employees. Read more

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New-age savvy: Digital acceleration at Infosys, TCS shows India's software giants are finding their mojo again

A combination of growth in digital segments and a lower attrition would help Infosys retain its image as an admired institution.



Today's TradeBriefs Cartoon

VMware to invest $2Bn in India, hire more talent

The investments will be primarily directed towards building talent to grow VMware's R&D centre and sales teams in Bangalore, Pune and Chennai. The com..

It is a false impression that India is not an early adopter of technology: Steve Cox, Oracle ERP EPM

There has been a false perception that India is not an early adopter of technology, says Steve Cox, Group vice-president, Oracle ERP & EPM Product Marketing.

In Charts: How India's Two Largest IT Companies Fared In Second Quarter

Here’s a look at how Infosys and TCS fared in the second quarter.

Mindtree posts 65% rise in Q2 profit at Rs 206 cr

Mid-sized IT firm Mindtree on Wednesday posted 65.4 per cent rise in consolidated net profit at Rs 206.3 crore for the quarter ended September 30. The company had registered a net profit of Rs 124.7 c

Netflix record subscriber growth dispels Wall St worries

Netflix's results sent shares of Alphabet Inc, Facebook Inc and Amazon.com Inc up about 1% higher

NIIT Tech Q2 consolidated net up 66% at ₹ 111.8 cr

NIIT Technologies has registered a consolidated net profit of ₹ 111.8 crore, up 66.3 per cent, for the quarter ended September this fiscal against a consolidated net profit of ₹ 67.3 crore

IT firms’ buybacks hamper their future biz investment: Moody’s

Share buybacks by information technology (IT) firms in the country impede their ability to invest for their future business needs, global ratings agency Moody’s Investors Service said on Wednesd

Cyient Q2 net profit up by 14%

Announces interim dividend of ₹6 on a ₹5 share

UiPath looks to grow in India with captives

The company, valued at $3 billion, which also works with IT and business process management (BPM) firms in the country, is looking at raising its headcount to 1,200 by the end of 2019 with a mix of technology and business hires.

Q2 results: At Infosys, growth is coming at a high cost

Since Infosys still lags TCS by a wide margin in terms of revenue growth, the strategy to sacrifice margins for growth may be a sensible one

India's Sleeping Tech Giants Are About to Awaken

A weak rupee could be just the push the Big Five need.

Interview With Rajen Vagadia, Country Manager, Qualcomm India

Rajen Vagadia says rather than following global counterparts, India should focus on its own use-cases to develop policies and roadmaps around 5G

WhatsApp CEO to visit India in October end, expected to take stand on tracing origin of fake news

WhatsApp CEO Chris Daniels is set to make his second trip to India in three months.

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