Feb 21, 2018 - Infosys, Wipro Among India's Most Transparent Companies

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              from India Software






Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Vijay Shekhar Sharma of PayTM seems a disturbed man. His recent protests (and those of some in the Indian venture ecosystem) against Whatsapp adding payments as a feature for Indian users reflects the scary reality that PayTm has a chance of getting disrupted soon. Flipkart's PhonePe and even Google's Tez did not attract such attention because of something called 'user acquisition'. Each player had to invest in the slow and painful process of acquiring users, the way PayTM did. With the Indian Whatsapp user (and the key point is that there are already 200 million of them) spending more than 50 minutes a day on it, getting them to use a possibly frictionless payment option might just sound the death knell for PayTM. To begin with, it's still person-to-person, but merchants will eventually get access and you could be making most of your digital payments through Whatsapp. This is exactly what WeChat enables in China. While China chose to keep foreign internet companies out, it's too late for India to go down that path. While the rejection of Facebook's Free Basics had a sound idealogical basis (net neutrality), VSS is unlikely to find too much public support for this 'foreign invasion'

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There are pitfalls in chasing revenues : Wipro CEO

India’s third-largest software exporter Wipro ended the 2019 fiscal strong, but disappointed industry watchers with an uninspiring negative one per cent guidance. In an interaction with BusinessLine,



Today's TradeBriefs Cartoon

Extremely confident of our growth, says Mindtree’s Rostow Ravanan

Mid-sized IT firm Mindtree on Wednesday said its consolidated net profit grew 8.9 percent to Rs 198.4 crore for the March 2019 quarter, from Rs 182.2 crore in the year-ago period. Rostow Ravanan, MD & CEO of Mindtree, spoke to CNBC-TV18 about the company's performance.Get latest Earnings online at cnbctv18.com

As Jeff Bezos shuts China e-commerce store; will it become Amazon’s gain in India

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The ideal social media expert of the future will be a one person army

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Wipro Cyberattack: The IT Co Hires Forensic Firm to Probe the Breach

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Turnout remains abysmally low in India’s Silicon Valley, Bangalore Rural fares better

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Twitter acqui-hires Highly- A quote sharing app

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McAfee names Sanjay Manohar as managing director for India

Manohar was previously with Akamai Technologies.

Neck-and-neck in 2007, TCS is now $9-billion ahead of Infosys in revenue

The revenue gap between both the companies, which stood at around $5 billion in 2013-14 (FY14), has now crossed $9 billion at the end of 2018-19

MyHealthcare raises $3 million from Sixth Sense Ventures

MyHealthcare works with hospitals, diagnostic labs and speciality health clinics to build a suite of enterprise software solutions for healthcare play..

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