Francisco D' Souza, president and chief executive of Cognizant Technology Solutions (earlier called Dun and Bradstreet Satyam Software), believes Asia and Latin America would be the nearly $3-billion New Jersey-based offshore IT service major's focus areas of growth.
As part of efforts to give a greater fillip to trade, the commerce ministry is working aggressively on finalising trade pacts with countries in the South East Asian region and some Latin American countries.
Asked about the challenges of an interfaith marriage, she said, 'There are a lot of things that we just agree on, I think, especially when it comes to family life, how to raise our kids. And so I think the answer really is, we just talk a lot.'
The company, which made the biggest ever acquisition in the Indian pharma history last year by taking over controlling stakes in DocPharma in Belgium, has finalised the Latin American deal and an announcement would be made soon.
China's new first lady Peng Liyuan continued with her charm offensive demonstrating her musical talent during a recent visit to Latin America along with her husband President Xi Jinping.
The teen, who the police claim was drunk and driving the luxury car when it hit a two-wheeler in the early hours of May 19 killing two techies, was lodged at an observation home in Maharashtra's Pune city.
Argentina and Barcelona's Lionel Messi, Uruguay and Liverpool's Luis Suarez, Brazil and Chelsea's Oscar Suarez were a few Latin American stars who lit up football stadiums across Europe over the weekend.
With the athletes bidding goodbye to Paris after another bone-tingling edition of the Olympics, Norma Astrid Godinho/Rediff.com, shares some interesting nuggets that made the Paris Olympics an event to remember!
Further, as a part of its continued expansion plan across Latin America, TCS has set up its delivery centre in Argentina. This is the eighth centre for the company in the region at a cost of $2 million (around Rs 10 crore). The centre, spread over 10,000 square metres, will initially employ 250 professionals, but has the capacity to house 1,000 people.
With an eye on increasing south-south cooperation, President Pratibha Patil ended her maiden visit to Latin American countries during which nine agreements were signed with Chile, Brazil and Mexico and a special emphasis was laid on increasing the connectivity. The visit of 73-year-old Patil was also used to muster support for India's candidature for the permanent membership to the United Nations Security Council.
As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.
"You can memorize 1000s of words, but what do you do if you get a word that you don't know?"
Costa Rica's domination of a group with three former champions and Chile and Colombia's triumphant march through their first two matches highlights the strength of the Latin American challenge at the World Cup.
India's exports declined by 2.83 per cent to $33.90 billion in November this year compared to $34.89 billion a year ago, government data released on Friday showed. Imports also declined to $54.48 billion in the month under consideration, as against $56.95 billion recorded in November 2022.
The fires triggered evacuations in several regions of central Chile.
'The hiring in India will be primarily around skills in data engineering, AI, and product engineering.'
India's largest IT company Tata Consultancy Services will consider acquisitions in Europe and plans to increase headcount at its Latin American and Chinese operations to 1,000.
In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with the allocation of Rs 2,068 crore.
Fortunes of five richest men have more than doubled since 2020 and the world could have its first-ever trillionaire in just a decade while it would take more than two centuries to end poverty, rights group Oxfam said on Monday.
The new scheme, promoting manufacturing of electric vehicles (EVs) by global majors, will give a fillip to companies like Tesla and its upstart rival Vinfast, both of whom have lobbied for lower import duties from the Centre. While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully. Four years ago, Musk announced that his company would come to India.
More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).
In recent months, several pharma multinational corporations (MNCs) are increasingly turning to Indian companies to expand market reach in the country's pharmaceuticals sector. Sanofi's partnerships with Dr Reddy's, Cipla, and Emcure, AstraZeneca and Mankind Pharma - teaming up for asthma medication distribution - are a few instances of this trend. This strategy allows MNCs to leverage established Indian networks and reach a wider audience. Indian companies also benefit from global brands and expertise, say analysts.
'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'
Supreme Court judgement pronounced on Monday quashing the Gujarat government's decision to grant remission to 11 convicts in the case of gang-rape of Bilkis Bano and murder of seven of her family members during the 2002 riots in the state, said the orders were "stereotyped".
Latin America has emerged as a major trading partner of India in 2004-05 with its trade growing by 77.66 per cent to $3.596 billion as against a negative trade of 0.81 per cent in 2003-04, according to industry body Assocham analysis.
This may be in line with Russia's private military company, Wagner Group, which was controlled until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Putin. The group used the infrastructure of the Russian Armed Forces.
Embracing the past and the present, Mexico City pulsates with warmth and vibrancy, discovers Payal Singh Mohanka.
This year's US Open runs from Aug. 28-Sept. 10.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
According to a senior state Crime Investigation Department official, those passengers included at least 60 from Gujarat, who have already reached their respective native places in the state.
In a statement later, the White House said Biden and Netanyahu discussed Israel's military campaign in Gaza, including its "objectives and phasing".
More than 60 people from Gujarat on board the Nicaragua-bound plane, which was sent back from France over suspected human trafficking, had agreed to pay Rs 60 lakh to Rs 80 lakh to immigration agents, who promised to cross into the US illegally after reaching the Latin American country, officials said.
Weeks after a Nicaragua-bound plane carrying Indians was grounded in France and later sent back to India, the Gujarat police have booked 14 agents on the charge of human trafficking for trying to send more than 60 persons from Gujarat to the US illegally via Mexico border, a senior official said.
The stock of Godrej Consumer Products Limited (GCPL) fell about 3.7 per cent in trade after its Q3FY24 earnings disappointed brokerages and led to downgrades. Further, the stock, after a 15 per cent run-up over the past month prior to Monday's correction, had already factored in the upside from the business front. Its peer in the consumer space, Marico, too, saw a 4 per cent drop in its stock price.
A mob of agitators led by the Latin Catholic church Sunday night attacked Vizhinjam police station in Thiruvananthapuram in protest against the construction of Adani port, injuring at least 29 policemen and damaging police vehicles.
IT major TCS CEO Rajesh Gopinathan has reigned, and the company nominated its global head of the BFSI division K Krithivasan as the CEO Designate with immediate effect, the firm said on Thursday. Gopinathan will continue with the company till September 15, 2023, to provide transition and support to his successor.
Jaishankar, who arrived in Santo Domingo on his first official visit to the Dominican Republic, also said that India has seen a dramatic expansion in connectivity, contacts, and cooperation across the region.
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