Six years ago, the company discovered an incident of embezzlement of about $4 mn by an employee.
India has been able to attract 40 global smartphone makers to the country -- creating at least 50,000 jobs. But GST could hurt that, discovers Ayan Pramanik.
'The absence of cyber security framework for ATMs is like a dream come true for hackers.'
Digital-pay companies see 10x growth spurt after demonetisation, report Ayan Pramanik & Shine Jacob/Business Standard from Bengaluru.
Wipro has been quite aggressive among Indian IT services companies in acquisitions as a strategy to buy the capabilities in emerging technologies.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
'It is not that the H1B visa employees are coming in to displace jobs.'
Both Indian firms have been in talks with investors for nearly a year to raise fresh funds of as much as $ 1 billion, but with little success so far.
The wedding celebrations show the controversial mining baron retains influence over elected representatives, whichever party is in power.
It's the second time Nasscom has projected single-digit growth in a decade.
As much as 70% of the 20,900 users globally, reached through an online survey, say they use public wi-fi for checking e-mail, logging into social media accounts or sharing files.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
Around half the value of the mark-downs is due to the Japanese currency's appreciation against other currencies.
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
The UK contributed to nearly $20 billion or 18% of India's $108 billion software exports for 2016.
"The industry is looking at a rate of 12-16 per cent. So, it entirely depends on how it gets. But the bigger concern is how the GST is applied," said R Chandrashekhar, president of Nasscom.
'It is a gradual process of saying we want to have all the decisions across business sectors available in India as well.'
At Infosys and Wipro, 8,200 roles have been impacted in six months.
Sikka pays 4 business heads million-dollar salaries as incentive to reach the company's revenue target of $20 billion by 2020.
Foxconn is yet to submit its land requirements to the Maharashtra government to set up its factories.
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