NTT Data aims to outpace Indian mkt growth by 100%
Business Standard|August 28, 2024
NTT Data, a $30 billion IT services and infrastructure company, aims to outpace the overall Indian market growth rate of 11-12 per cent.
SHIVANI SHINDE

In FY23, the Japanese firm recorded a growth rate of 17-18 per cent in India.

Avinash Joshi, chief executive officer of NTT Data India attributed the growth to the company's expanding client base of more than 3,000.

NTT Data has four key businesses: Technology solutions, data centres, infrastructure management, and applications.

Joshi heads the technology solutions, infrastructure management and application business. Shekhar Sharma heads the data centre business.

"In 2022-23 we grew our business in India and went up in terms of employee strength from 25,000 to 40,000. We also took the decision to merge our infrastructure and application business together, and formed NTT Data. As a result, we are now one group rather than different businesses," Joshi told Business Standard in an interview at the company's Mumbai office. NTT Data earned $30 billion in revenue in FY23: $11 billion from Japan and the balance, $19 billion from outside.

Diese Geschichte stammt aus der August 28, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der August 28, 2024-Ausgabe von Business Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS STANDARDAlle anzeigen
IT stocks suffer biggest one-day fall in six weeks
Business Standard

IT stocks suffer biggest one-day fall in six weeks

Accenture promotion delay, past Fed rate cuts cited

time-read
2 Minuten  |
September 19, 2024
Business Standard

Cabinet clears 'One Nation, One Poll' and host of proposals in farm to space

Soon after completing 100 days in office, the National Democratic Alliance (NDA) government has taken a series of decisions that would have political and economic implications for the country.

time-read
3 Minuten  |
September 19, 2024
Tata Power to scale up internal RE component supply chain
Business Standard

Tata Power to scale up internal RE component supply chain

Plans to manufacture key parts rather than buying them

time-read
1 min  |
September 19, 2024
Business Standard

IT staffers' FY25 salary hikes may be 5.5-8%

Experts say top performers may continue to see increases ranging from 12-18%

time-read
2 Minuten  |
September 19, 2024
Business Standard

RInfra pares debt by 87% to ₹475 cr

Anil Ambani group firm Reliance Infrastructure (RInfra) and its subsidiary Reliance Power (RPower) have cleared a major part of their debt, with RInfra reducing its standalone external borrowing by almost 87.6 per cent to ₹475 crore, down from ₹3,831 crore as on June, according to stock exchange notices.

time-read
1 min  |
September 19, 2024
'No plans to phase out Kwid until rules allow'
Business Standard

'No plans to phase out Kwid until rules allow'

Renault India, which saw a 33 per cent decline in sales in 2023, is facing a challenging 2024. The company's Managing Director and Chief Executive Officer VENKATRAM MAMILLAPALLE, discusses the firm's revival plans, launch strategy, and the future of the Kwid in an interaction with Shine Jacob in Chennai. Edited excerpts:

time-read
2 Minuten  |
September 19, 2024
25-year-old company veteran Samir Kumar has cart full as he takes reins at Amazon India
Business Standard

25-year-old company veteran Samir Kumar has cart full as he takes reins at Amazon India

Amazon has announced that Samir Kumar, a 25-year veteran of the company, will assume the role of head of its India consumer business effective October 1, 2024.

time-read
2 Minuten  |
September 19, 2024
ZEEL refutes $940 mn Disney Star claim over ICC TV rights deal
Business Standard

ZEEL refutes $940 mn Disney Star claim over ICC TV rights deal

Star India on Monday filed a statement of case seeking $940 million damages from Zee Entertainment Enterprises (ZEEL) over the terminated ICC TV rights deal, the latter said in a stock exchange filing.

time-read
2 Minuten  |
September 19, 2024
Business Standard

Best option is to double down on mkt strategy: P&G India

Procter & Gamble Hygiene and Healthcare (PGHH) and Gillette India (GI), both listed entities of Procter & Gamble India, noted in their investor calls that despite near-term macroeconomic challenges, an above normal monsoon will help revive demand in India.

time-read
1 min  |
September 19, 2024
Business Standard

'Irreparable loss for us': EY India on death of CA

The death of 26-year-old chartered accountant Anna Sebastian Perayil is \"tragic\" and an \"irreparable loss\" for EY India, the company said in a statement on Wednesday.

time-read
2 Minuten  |
September 19, 2024