Shivani Shinde

All stories by Shivani Shinde

'The concept of 'One Infosys' will be crucial'

'The concept of 'One Infosys' will be crucial'

Rediff.com2 days ago

'We spent considerable time re-skilling all the employees, and then we created a new focus called the 'One Infosys'.'

Restaurant to jewellery, brands make a beeline for metaverse

Restaurant to jewellery, brands make a beeline for metaverse

Rediff.com5 days ago

'We're seeing major Bollywood celebrities, fashion icons, and even movie studios all wanting to build Metaverse experiences'

How to stay secure as cybercrime runs rampant in India

How to stay secure as cybercrime runs rampant in India

Rediff.com14 Jun 2022

Like software-as-a-service (SaaS), CaaS has emerged as a well-orchestrated ecosystem for cybercriminals.

Dropout Who Built $100 Mn PhysicsWallah

Dropout Who Built $100 Mn PhysicsWallah

Rediff.com13 Jun 2022

'With our focus and strategy we can solve at least 20 per cent per cent of India's education problems.'

A lot has changed since decades-old IT Act: Tata's Chandra

A lot has changed since decades-old IT Act: Tata's Chandra

Rediff.com10 Jun 2022

N Chandrasekaran, chairman of Tata Consultancy Services (TCS) and Tata Sons, believes that the Digital India Act is a necessity. "The Digital India Act is a necessity because so much has changed over the decades since the original Information Technology (IT) Act was put in place. I am glad the government is developing a participative approach to developing the Digital Act," he said, while answering shareholders at TCS' 27th annual general meeting. Minister of State for Electronics and IT Rajeev Chandrasekhar a few months ago had said that the government would shortly roll out the Digital India Act - a renewed policy for the digital ecosystem and cyberspace in the country.

Will TCS Enter The Metaverse?

Will TCS Enter The Metaverse?

Rediff.com7 Jun 2022

'At present Metaverse is a hype cycle.' 'If it succeeds, then I would like to see TCS there, too.'

How Infosys regained its mojo, improved employee morale under Salil Parekh

How Infosys regained its mojo, improved employee morale under Salil Parekh

Rediff.com26 May 2022

In 2017, when Infosys announced that Salil Parekh would be its next chief executive officer (CEO) and managing director (MD), very few in the industry or the analyst community doubted his ability to bring the company back to a healthy growth trajectory, improve morale within the company and, more importantly, win the promoters' trust and investor confidence. There were reasons for this confidence. He was not only the deputy CEO of the Paris-headquartered IT services major Capgemini, but also one of the only non-European faces on the executive board of the company.

From double-digit hikes to promotions, IT talent takes the cake

From double-digit hikes to promotions, IT talent takes the cake

Rediff.com25 May 2022

Employee costs for Indian IT services players have touched an all-time high as salaries soar in their effort to retain talent. Engineer salaries are going through the roof. According to a news report, Infosys, which reported a 27.7 per cent attrition rate for the fourth quarter of FY22, plans to have an average salary hike of 12-13 per cent. High potential employees will get increases of 22-23 per cent.

Is the pace of unicorns in India slowing down?

Is the pace of unicorns in India slowing down?

Rediff.com13 May 2022

The Indian startup ecosystem recently celebrated the 100th unicorn milestone. It came after a month of no big fund announcements. Compare this to 2021, when three to four unicorns were being added every month. Nevertheless, the 100th unicorn needs to be celebrated since the first unicorn was announced in 2011 - 11 years ago.

2nd innovation hub in US to strengthen TCS position

2nd innovation hub in US to strengthen TCS position

Rediff.com12 May 2022

IT major Tata Consultancy Services (TCS), in its Q4FY22 results, said the company's banking, finance services and insurance (BFSI) crossed the $10 billion milestone. This includes revenue from financial products, services and platforms. For Suresh Muthuswami, who recently took over as Chairman of North America, one of the focus will be to grow this percentage going ahead. The first step to grow the US market is hiring. Muthuswami said that the company will be hiring more in the US, especially from the campuses. In FY22 TCS hired over 7,000 people in the US and going ahead too the numbers will be similar.

Why cybercrime is running rampant in India and how to stay secure

Why cybercrime is running rampant in India and how to stay secure

Rediff.com9 May 2022

Do you suspect that your partner is cheating on you and want to find out the truth by installing spyware on their phone? Or, perhaps you are a student who wants to get out of an online classroom so you can play an online game with friends? How about some Zoom raiding for a mere Rs 50-100? Or, are you a person who wishes to hack into someone's phone or laptop, and steal their financial details? Crimeware-as-a-Service (CaaS) allows you to do all this and more.

Apple stops accepting payments using credit cards issued by Indian banks

Apple stops accepting payments using credit cards issued by Indian banks

Rediff.com6 May 2022

Tech giant Apple has stopped accepting payments via debit and credit cards in India. Apple has stopped accepting cards for subscriptions, and purchases using credit cards issued by banks in India. Apple will also not accept payments for ad campaigns on Apple Search using credit cards issued by Indian banks. All campaigns will be put on hold from June 1.

TCS, Infosys come to terms with reality of real-time recruiting

TCS, Infosys come to terms with reality of real-time recruiting

Rediff.com3 May 2022

Tata Consultancy Services, India's largest software exporter, hired 100,000 freshers in the financial year 2021-22, more than in any other year. That means an average of 8,300 trainees joining the company every month. This is not merely a mathematical calculation: hiring of freshers at the top IT companies is no longer a compressed affair confined to the campus season.

IT companies may not follow HCL Tech on freshers' salary

IT companies may not follow HCL Tech on freshers' salary

Rediff.com2 May 2022

It has taken a pandemic to move the needle on the salary packages for greenhorn engineers hired by the Indian IT services sector. The country's third-largest IT services player, HCL Technologies, has decided to boost the entry-level packages from Rs 3-3.6 lakh to Rs 4.25 lakh for FY23, in a bid to attract fresh talent and keep them for longer to counter the impact of rising attrition. This new package would also be applicable to those freshers who joined the firm in FY22.

Attrition at TCS touches record high; it may get worse, warns management

Attrition at TCS touches record high; it may get worse, warns management

Rediff.com13 Apr 2022

For Tata Consultancy Services (TCS) - India's largest and the world's second-largest IT services provider - the attrition rate touched an all-time high of 17.4 per cent in Q4FY22. The management, following the announcement of the Q4 results, has warned that the attrition situation could become even worse before any improvement. According to analysts, the short term, the attrition rate at TCS could even touch 20 per cent.

Q4 preview: IT companies may beat Ukraine crisis, inflation worries

Q4 preview: IT companies may beat Ukraine crisis, inflation worries

Rediff.com11 Apr 2022

The results of Indian IT services players in the just-concluded fourth quarter of 2021-22 are expected to reveal continuing growth momentum as demand surges on the back of digital transformations and the cloud shift, but analysts anticipate margins to be under pressure due to supply challenges. Analysts covering the sector expect revenue commentary should be strong despite the Russia-Ukraine conflict and inflation. Top-line growth will be driven by broad-based demand with a strong uptick for cloud, digital, cybersecurity, data analytics, and artificial intelligence, among other services.

Tata Neu in numbers: 120 mn customers, 2,500 offline stores, 80 mn downloads

Tata Neu in numbers: 120 mn customers, 2,500 offline stores, 80 mn downloads

Rediff.com8 Apr 2022

Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.

Under India's digital infra hood: Growing data centres

Under India's digital infra hood: Growing data centres

Rediff.com1 Apr 2022

As India builds its data centre capabilities, it is imperative that it is supported by green energy. This is because data centres are guzzlers of energy.

TCS tweaks leadership, Suresh Muthuswami made chairman, North America

TCS tweaks leadership, Suresh Muthuswami made chairman, North America

Rediff.com24 Feb 2022

IT major Tata Consultancy Services (TCS) has made changes to its leadership roles in North America. As part of the changes Suresh Muthuswami has been elevated to the role of chairman, North America, said sources in the know. This is one of the most significant leadership changes the company has announced for the region. The reason for the changes in the North American region, the largest in terms of revenue for TCS, is because Surya Kant who has been at the helm of North America for the past 16 years is stepping down by the end of the fiscal year, as he retires.

TCS bags electronic passport mandate from MEA

TCS bags electronic passport mandate from MEA

Rediff.com8 Feb 2022

Tata Consultancy Services (TCS) has bagged -- from the Ministry of External Affairs -- the contract for delivering electronic passports (e-passports), according to sources. This deal is in addition to the second phase of implementing the Passport Seva Program, which the company got from the ministry. Players such as Thales India and HP participated in this deal, which is expected to be of Rs 1,000-1,200 crore.

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