Indian IT firms like Infosys, Wipro, HCL want to seal larger deals worth over $500 million only on one condition
Advertisement

Advertisement
Companies such as
Recently, Wipro CEO Abidali Neemuchwala had stated that his company will go for the kill if opportunity was large enough.
Meanwhile, Infosys only makes large payments owing to quality of the work they get.
In 2015-16, Infosys had spent around Rs 400 crore on contract costs.
Advertisement
In 2012, IBM raced past Infosys and Wipro and paid well over $100 million upfront in cash to win a $1-billion outsourcing contract from Mexican cement giant Cemex SAB.
Also, HCL Tech recently bought out the external IT business of Volvo, a deal worth nearly $1.75 billion.
Advertisement
A Google employee of 11 years says he and his wife stared at each other in 'disbelief' when they realized they'd both been laid off by the company
Mark Zuckerberg reportedly said he doesn't like seeing 'managers managing managers,' fueling speculation of more layoffs
The future of banking is entirely digital
Study find out the potential cause of dementia
Odisha Health Minister shot at by police officer
Rajinikanth issues public notice on infringement of rights, warns legal action
Govt likely to float global tender for HPV vaccine in April; Merck, Serum Institute may participate
Finance Ministry to stick to privatisation of already announced CPSEs next fiscal