All stories by Shivani Shinde
Cognizant sees a high 21% staff attrition in JFM quarterRediff.com4 days ago
Although the number of resignations came down at Cognizant in April and continued to slow in May, the impact of attrition would play out in the second quarter also because of the longer notice period in India.
Big 3 IT companies to hire 75,000 campus freshersRediff.com26 Apr 2021
Attrition is driving the hiring effort on campuses.
Infosys to consider share buyback on April 14, announce FY21 resultsRediff.com12 Apr 2021
The IT services giant is also slated to hold a board meeting on April 13 and 14, to approve of and take on record the consolidated financial results of the company for the quarter and year ended March 31, 2021. Indian IT majors will be announcing their fourth quarter (Q4) and 2020-21 results starting April 12. At the end of the Q3 FY21 Infosys had cash and investment of $4.5 billion.
Tech spend in 2021 to be better than last 2 years: Nasscom surveyRediff.com24 Mar 2021
With the economy gaining pace and large deals back on the table, chief executive officers (CEOs) of tech companies believe global tech spending will witness growth this year. According to CEO Survey by Nasscom, about 71 per cent chief executives expect global spend to grow over 4 per cent. The figure is significantly higher than the previous two years - 41 per cent and 59 per cent in 2019 and 2020, respectively. The survey also said the recovery in global tech spending will be led by the digital segment.
TCS is looking for 'talent on the cloud'Rediff.com23 Mar 2021
The company is also looking at creating an algorithm-based talent marketplace and an internal gig workers' community. Talent Cloud will be powered by Algo Talent Development, enabling associates to move across different technologies and industry domains.
'Make in India for India and the world'Rediff.com19 Mar 2021
'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'
Wipro's Capco buy: A good deal, but devil lies in the executionRediff.com15 Mar 2021
From the beginning of 2021 Wipro has moved on to a new organisational structure. Analyst tracking the company are now wondering if CEO Thierry Delaporte's attempt to bolster Wipro's presence in the BFSI (banking, financial services and insurance) space by acquiring Capco for $1.45 billion is a step taken too early. Though many agree that Capco as a target may be good, but Wipro, which has been the most aggressive player in acquiring firms compared to its Indian players, does not have much to show in terms of performance as it continues to lag peers.
Data breach could cost world's top brands up to $223 billionRediff.com10 Mar 2021
The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.
E-learning, WFH power up notebook and laptop salesRediff.com19 Feb 2021
For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.
Xiaomi maintains No.1 position in a bad year for smartphonesRediff.com16 Feb 2021
The first half of the year (H1-2020) was marked by sluggish growth with demand down 26 per cent YoY, while the second half saw recovery. H2-2020 recovered with 19 per cent YoY growth, reports Shivani Shinde.
IT majors to focus on localised hiringRediff.com15 Feb 2021
TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 years.
6 reasons why Infosys' shares jumped 11% on July 21Rediff.com22 Jul 2015
Along with a robust set of numbers, the management too sounded confident of its growth prospects
40 Years ago... and now- Faqir Chand Kohli: The original Indian techieRediff.com4 Feb 2015
Kohli is a pioneer and a visionary.