Bibhu Ranjan Mishra And Sai Ishwar

Stories by Bibhu Ranjan Mishra And Sai Ishwar

Large IT outsourcing contracts are up for grabs as clients optimise cost

Large IT outsourcing contracts are up for grabs as clients optimise cost

Rediff.com   2 Jan 2021

Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Byju's raises $200 mn in fresh funding; valuation surges to $12 bn

Rediff.com   23 Nov 2020

While BlackRock is an existing investor in Byju's, T Rowe joined as a new investor.

Biggest change the pandemic has brought for Indian IT

Biggest change the pandemic has brought for Indian IT

Rediff.com   10 Nov 2020

While for clients it has led to increased outsourcing, they are no more worried about which shore the service providers are executing the project in - offshore, onshore or near-shore - because remote working has become the standard norm in the industry, giving rise to a "no shore" kind of model.

Chip-making is now a big opportunity for India

Chip-making is now a big opportunity for India

Rediff.com   9 Nov 2020

Even though India has major strengths in chip design and in making the software that actually commands the processors to execute specific tasks, chip-manufacturing has never been the country's strength.

IT firms are still hiring freshers

IT firms are still hiring freshers

Rediff.com   4 Nov 2020

'Our focus on fresher induction is high, given that they come in with certain advantages.' 'They do not have an unlearning process as seen in senior employees.'

How IT services firms plan to protect clients from cyber threat

How IT services firms plan to protect clients from cyber threat

Rediff.com   28 Oct 2020

In the last couple of months, top Indian IT services providers, including TCS, Infosys, Wipro and HCL Tech have announced setting up cyber threat management centres in the US and Europe.

'There is a good alignment of stars and we hope to continue to surprise the market'

'There is a good alignment of stars and we hope to continue to surprise the market'

Rediff.com   22 Oct 2020

'We will continue to refine our operating model to drive more simplicity and nimbleness.'

US hikes visa processing fee by up to 75%

US hikes visa processing fee by up to 75%

Rediff.com   19 Oct 2020

The move may result in a short-term cost impact for IT Indian companies, according to experts, despite the firms ramping up their local hiring and offshoring projects elsewhere to overcome visa-related issues.

TCS to roll out salary hikes for all employees, effective October 1

TCS to roll out salary hikes for all employees, effective October 1

Rediff.com   8 Oct 2020

In the second quarter, attrition for the IT firm hit an all-time low of 8.9 per cent, a fall of 120 basis points on quarter-on-quarter basis.

Cash-rich IT service firms on a shopping spree

Cash-rich IT service firms on a shopping spree

Rediff.com   7 Oct 2020

The top four Indian IT firms have cash reserves of nearly $15 billion with TCS alone holding $5.9 billion in reserves, followed by Infosys with $3.6 billion, and Wipro with $3.4 billion. HCL Technologies has cash reserves of $1.75 billion.

Why US-based IT firms are likely to send more work to India

Why US-based IT firms are likely to send more work to India

Rediff.com   25 Sep 2020

Most of the large Indian IT services players, such as TCS, Infosys, Wipro, and HCL Tech, have signalled increased offshoring efforts and opting for local hires in the US, primarily to address the immigration-related challenges.

'In Q2 so far, we are continuing with our hiring'

'In Q2 so far, we are continuing with our hiring'

Rediff.com   23 Sep 2020

Infosys is on a much stronger wicket today than where it was a few years ago, despite the impact of the Covid-19 pandemic on the business, says its CEO & MD Salil Parekh. In an interview to Bibhu Ranjan Mishra & Sai Ishwar, Parekh talks about the company's plans with regard to salary hike deferment, fresher hiring, acquisitions, and much more.

Narayana Murthy bats for external probe into whistleblower complaints

Narayana Murthy bats for external probe into whistleblower complaints

Rediff.com   22 Sep 2020

Murthy said moral weakness and incompetence of the chairman of the board are the main reasons behind corporate scams.

Delisting a typical case of arm-twisting: Paytm

Delisting a typical case of arm-twisting: Paytm

Rediff.com   21 Sep 2020

Paytm said the global tech giant's move was hypocritical as Google, too, regularly runs similar scratch card campaigns in India under its Google Pay app.

Banned apps' India dream may turn sour

Banned apps' India dream may turn sour

Rediff.com   18 Sep 2020

Bringing a local or non-Chinese partner onboard opens up the possibility of legal recourse to have the ban diluted or revoked. However, the process of going through a review committee and setting up local servers might take at least 3-6 months.

Start-ups cheer proposal to remove LTCG tax

Start-ups cheer proposal to remove LTCG tax

Rediff.com   17 Sep 2020

The move will establish a level-playing field for domestic investments in start-ups compared to foreign-based sources.

Business reforms: Gujarat ranks behind West Bengal

Business reforms: Gujarat ranks behind West Bengal

Rediff.com   17 Sep 2020

While other states are becoming competitive, Gujarat, say experts is not paying enough attention to maintaining its own position in terms of business reforms.

Non-personal data draft: Nasscom identifies gaps

Non-personal data draft: Nasscom identifies gaps

Rediff.com   16 Sep 2020

The data-sharing obligations could generally place India at a disadvantage, given that such obligations may not exist in other countries and such outcomes would be undesirable, said Nasscom.

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Tiger Global, others invest $225 mn in parent of IPL title sponsor Dream11

Rediff.com   15 Sep 2020

The new round values the company at $2.5 billion, more than double the over $1 billion valuation Dream 11 enjoyed in April 2019 when it was declared the country's first gaming unicorn.

IBM's AI push helps Parle, Mother Dairy go digital

IBM's AI push helps Parle, Mother Dairy go digital

Rediff.com   14 Sep 2020

The applications range from disaster recovery to predicting demand and understanding customer choices using artificial intelligence.