The sector will see a minimum of 3-5 per cent of the weight being shed in almost every IT company - particularly the big 20 - because of Covid and not performance-related issues.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
The Directorate General of Civil Aviation (DGCA) on Tuesday made it mandatory for major airports to provide free automated buggies within their terminal to senior citizens, expectant mothers and the physically-challenged.
WhatsApp limited the number of times a frequently forwarded message can be sent further to only one chat at a time. This resulted in 70% plunge in viral forwarded messages globally, WhatsApp told GoI.
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
Tamil Nadu has cornered around 18.63 per cent of the fresh investments in Q1FY21 and topped the list of state-wise investments. These investments should help create over 67,212 jobs.
The list in 2018 contained about 7,600 names. It has been reduced to under 3,800 in the past 18 months, according to Castellum.AI, a New York-based regulatory technology company. About 1,800 of the names have been removed since the beginning of March, according to data collected by Castellum.
The Competition Commission of India (CCI) on Monday ordered a detailed probe against internet giant Google for alleged unfair business practices with respect to Google Pay as well as Google Play's payment system. Google Pay is a popular digital payments platform while Google Play is the app store on its Android ecosystem.
Trifacta's investors include Accel, Greylock Partners, Ignition and Cathay Innovation
A triathlete swims in a tiny above-ground pool on her rooftop, her waist attached to the wall with resistance bands, while a baseball player bats into a car tire and a boxer throws his punches into a bag of rice hanging from a mango tree. In cash-strapped Cuba, famed for its resourcefulness as well as its sporting prowess, professional athletes are inventing ways to work out and practice despite the closure of common training grounds due to the coronavirus pandemic.
$47.6 bn capital invested across 921 deals in India in 2020, despite pandemic.
The IT services company is building underlying tech for connected cars
'The reality is no one, including some of the names that have shown up in the last few weeks, have any unilateral decision-making power in this,' Facebook India MD Ajit Mohan tells Peerzada Abrar.
'The increasing mix of fixed price contracts is helping us improve productivity by bringing in more automation.'
Trump returned to the briefing room minutes later, confirming a shooting near the White House and assured the reporters that things were under control.
Union Health Minister Harsh Vardhan on Thursday sought keen oversight and personal indulgence of health ministers, principal secretaries and additional chief secretaries of states and union territories to lead the second nationwide mock drill on the COVID-19 vaccination scheduled to be held on January 8.
Tabletop runways are constructed on hilly or elevated terrains. Also, there could be low lying areas adjacent to such runways and there could be gorges at the end of such runways. Airports Authority of India (AAI) Chairman Arvind Singh told PTI that tabletop runways are there at four airports operated by it.
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.
Infosys announced acquisition of digital commerce company Kallidus for $120 million.
'Despite muted growth in financial services, all other businesses have done well.'
Built by the French railway technology company Alstom, it will host a 90-metre-long digital wall for train operation, said to be the second largest in Asia.
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
After Infosys, hike in other IT companies also seen in 6-9% range.
These consumer-friendly gadgets are designed to make your life simpler.
The alliance combines capabilities of both the companies to offer a set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications required by Indian businesses, and will span the broad Reliance Industries ecosystem, including its existing and new businesses.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
For Make in India's success, Modi govt msut remove policy paralysis.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
The Wonderchef Nutri-Pot prevents overcooking, thereby preserving all nutrients in the food, says Dhruv Munjal.
MGNREGA scheme: A significant Rs 17,370.58 crore has been carried forward over to the next financial year as unpaid dues as demand for work continued unabated for the scheme in rural areas.
The Salary Budget Planning report released by Willis Towers Watson said the median salary increase at the executive level for 2020 is projected at 10.1%, an increase from 9.6 per cent in the previous year.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Oil Minister Dharmendra Pradhan said the new timing of the price change was agreeable to the dealers and so daily price revision will be implemented from June 16
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
Although residential sales faced a major set back in Q2, they made a comeback with help of pent up demand.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
Unless you've been hiding under an Internet-blocking rock, you must have chanced upon some of the crisp, polite, informative and frequently witty posts crafted by the Mumbai police. Mrigank Warrier meets Sunchika Pandey, the brains behind the Mumbai police quips.
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