Suresh Vaswani joined Dell last year as chairman of its Indian operations and executive vice-president of Dell Services.   Bangalore: Last year, when Dell Inc., a late entrant in the global software services and outsourcing business, was looking for an executive who could help it compete with established rivals, it hired Indian information technology (IT) veteran Suresh Vaswani, formerly the joint chief executive officer (CEO) of Wipro ... More

Growth in computing power and data collection is presenting a major opportunity to technology firms We’ll see more change in the next five years than we have seen in the last 20 years,” says Vinod Khosla, the India-born, Silicon Valley-based venture capitalist, summing up the difficulty of predicting what the technology industry will look like in both India and the rest of the world.   Khosla, who was in Bangalore... More

MUMBAI/BANGALORE:Tata Consultancy Services won its second biggest ever outsourcing contract worth $2.2 billion on Wednesday from UK-based pension firm Friends Life, providing positive forecast for India's technology sector complaining of shrinking contracts and delays in decision making by top customers.    The contract, TCS' second biggest deal after the company won $2.8 billion order in 2008 from Citigroup, is based... More

Business Standard | Mumbai, Brussels Deal spread over 15 years to serve life and pension insurance clients of Friends Life, is largest-ever for the company. When Friends Provident was set up in northern England as a life insurance and pensions company by Quakers to aid less fortunate families of the same religious persuasion almost 200 years ago, the idea of an Indian firm taking control of its administration would have been unimagina... More