Infosys in 3-year pact with Microsoft

Infosys Technologies today said it had signed an agreement with Microsoft to manage internal IT services of the software giant globally. As part of this three-year agreement, Infosys will streamline implementation processes, simplify support and service, and lower enterprise costs by using latest Microsoft solutions such as Windows 7, the Bangalore-based company said. “The infotech…

Salary cutting in IT’s…

With the global economy facing rough weather, cost cutting has become the new mantra in Business World. Companies across the segments and sectors are trying various measures to rein in costs. From layoffs to issuing hiring freeze to cutting travel costs to giving unpaid compulsory off to cutting stationery and energy expenses, companies are doing…

`TCS, Infosys, Wipro sales to drop’

Indian computer services companies, including Tata Consultancy Services (TCS), were facing declining revenue as budget cuts, mergers and bankruptcy at their customers weighed on demand said Morgan Stanley. TCS, Hexaware Technologies Ltd and Tech Mahindra Ltd were cut to “underweight” from “equal-weight” by Morgan Stanley analysts Vipin Khare and Gaurav Rateria, who said they remain…