Betting big on the 'Internet of Things' as the third major wave in technology space, IT major TCS' chief N Chandrasekaran has said that going digital was no more an option, but a default now.
Ex-employee Steven Heldt had sued the company for favouring South Asians and discriminating against American workforce.
Reacting strongly to the Satyam fiasco, IT major Infosys has said the fraud is a deliberate act and should be treated under criminal provisions.
The NASSCOM report said Indian tech industry contributed more than $375 million to the US Treasury between fiscal year 2011-2015
Chennai is slowly becoming a hub in providing support for gaming and android-based technologies.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
According to officials in the state IT department, as part of the 2009 incentive scheme, the sop is currently available for all IT companies looking to set up or expand base in Kolkata.
At 4.16 mn shares, chairman-in-waiting holds 0.21% in group's cash cow
What is perhaps most fascinating is that Infosys was not the first large Indian IT company to raise its head, nor has it been the largest; but it has often shown a remarkable ability to market itself so that it has punched above its weight.
The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.
Even mid-size and smaller IT companies are going slow on recruitments due to the uncertainty in business from the US, which is the single-largest market for these companies, says L Venkataesan, a placement consultant based in Tiruchy. JJ College of Engineering in Tiruchy, till before last year, saw almost 95 per cent of its students being placed.
Markets such as Bengaluru and Chennai, which had managed to escape the impact of real estate slowdown so far, appear to be giving in now.
Evidence from a cockpit voice recorder, retrieved from the crash site in the French Alps, indicated that one pilot left the cockpit before the plane's descent and was unable to get back inside, The New York Times reports.
The IT and ITeS Industry Association of Andhra Pradesh (ITsAP) has cautioned the youth to be vigilant over fake job offers in these sectors.
Have conviction in your bets and use stop-loss as a defence mechanism to curtail losses.
One effect of the globalisation of Indian business has been the rise in the grant by companies to staffers of employee stock options.
India's second largest software services firm, Infosys on Thursday saw the exit of its global head of strategic sales, marketing and alliances Prasad Thrikutam.
Madhura Sreedhar Reddy talks about his upcoming film It's My Love Story.
Infosys boss says new strategy moving in right direction, optimistic of regaining bellwether status.
Premji said he was in Atlanta last week attending a meeting of American chief executive officers where generally the mood was 'surprisingly positive'.
L&T Infotech hits the refresh button, rebrands itself as LTI With a new name, colour palette and business focus, L&T Infotech looks to break free of its past
'You have to move from one skill to another skill.' 'An employee can't say this job is my right and even if you train me, I refuse to get trained.' 'Those who participate in re-skilling will remain in the industry.' 'Those who refuse to get re-skilled will have to go.'
The industry employs about 10 million workforce.
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After surging 2.5 per cent to Rs 2,563.45 in intra-day trade, the stock ended at Rs 2,526.75, up 1.03 per cent.
A Silicon Valley IT company in the US has been ordered to pay $40,000 in back wages to eight Indian workers who worked up to 122 hours a week and received as little as $1.21 an hour.
Indian companies have had a dismal last quarter, as is evident from their September quarter results. The slowdown seems to have alarmed companies enough to begin cutting corners.
BT has been associated with Tech Mahindra since the latter's inception and contributes 40 per cent to the firm's revenue but it has been looking at divesting its stake.
We bring you excerpts from the latest book of Penguin India's Metro Reads series.
RIL, which had over 1,470 retail outlets, is said to be running only 350 of those at present.
The story of Anila Jyothi Reddy, a farm labourer who became an entrepreneur, is full of lessons.
Director General of Police, Karnataka, K Srinivasan on Thursday said that IT companies in Bengaluru should do a proper background check before recruiting people into their companies.
Under the 'Major Defence Partner' recognition, the US will continue to work toward facilitating technology sharing with India to a level commensurate with that of its closest allies and partners.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
On Wednesday, chairman emeritus of Tata Sons Ratan said that while driving from the airport through Rajarhat, he came across beautiful buildings but it looked like a countryside under development with no signs of industrialisation.
In a move that is expected to hit Indian IT companies, the US government has decided to hike H-1B visa fee from next fiscal.
HCL Infosystems has emerged as the best employer among IT companies in India.
'We are in touch independently with leading players, and they are denying it as well.' 'The Indian digital footprint is rising, creating new opportunities.'
IT professionals from India and major Indian IT companies are major beneficiary of H-1B.
Skill improvement has failed to keep pace with salary hikes.
Indian IT firms companies having their operations in Malaysia are showing great amount of interest in investing in residential properties in Malaysia. Over 700 Indians have acquired residential properties.
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