The US is all set to become a tax-haven for most companies wishing to save tax after the Trump administration last evening announced lowering corporate tax to as low as 15 per cent from the present 35 per cent. Currently, several Indian tech startups including the likes of Flipkart, Grofers, Prac…
Tag: Cognizant
H-1B lottery: Why a loss for Infosys, Cognizant will be a gain for tech start-ups
I’m travelling in the Bay Area, in a cab driven by a woman software tester. She says she has been out of job for months now and driving a cab is the only way she can pay her bills, living just outside of San Francisco. My company is looking for coders and testers but in Asia, I […]
Microsoft hones enterprises of future, empowers over 2k Indian start-ups with its Azure cloud
Bangalore: For Microsoft, the flourishing startup ecosystem in India has become one of the new growth engines for its cloud business. The usage of Azure, Microsoft’s cloud offering and infrastructure services among Indian companies including Independent Software Vendors (ISVs) and partners has ju…
Indian IT will hire more small firms as they look to bridge digital gaps
Indian IT services firms may invest aggressively in acquiring smaller firms in 2017 to enhance digital technology capabilities. A large chunk of these acquisitions by companies such as Wipro, Cognizant, Tata Consultancy Services and Infosys, others will be driven by the need for transformation as…
Chennai start-up failure rate lower than NCR & Bengaluru
The percentage of start-ups failing in Chennai is lower than in Bengaluru and the national capital region, considered to be the hubs for start-ups. Lakshmi Narayanan, Vice-Chairman of Cognizant, said “the percentage of start-ups funded by the Chennai Angels Network surviving beyond three years wa…
Wipro Ventures invests in US-based Emailage Corporation
Wipro Ventures, the $100-million venture capital arm of Wipro, has invested an undisclosed amount in US-based fraud prevention solution startup Emailage Corp for a minority stake, marking India’s third largest software exporter’s seventh such investment in early-stage ventures over th…
Icertis raises Rs 100 crore in series-b funding
ERP solutions firm Icertis has raised Rs 100 cr in Series B Funding led by Ignition Partners. Existing investors Greycroft Partners and Fidelity Growth Partners India also participated in this round. Following this, John Connors, managing partner at Ingition Partners will join the Icertis board o…