The bank's net profit fell to 2,232 crore for its fiscal first quarter to June 30.
Automation software major Rockwell Automation will move its high-end integration work to the Bangalore application development centre, a senior company official said on Wednesday. It also plans to add the workforce at its Bangalore centre.
Digitisation and automation key challenges to business model
State governments in Punjab, Gujarat, Maharashtra and Jammu & Kashmir are on high alert and have come up with contingency plans to ensure the security of residents in case of a war.
You'd love to take these pocket-friendly automatics for a spin
The CAG audit and other data suggests it could be far from the efficient new alternative that was once conceptualised. A conclusive review remains elusive till the government begins to release more granular and comparable data on the complex backend of GST to a deeper scrutiny, by researchers, auditors and the public.
Providing access to unbanked areas in the country has been high on the agenda of RBI, as almost 40 per cent of the population doesn't have a bank account.
Take the rediff business quiz and see how much you know about The NASDAQ Stock Market.
'As long as people are eating we will be there,' Rebel Foods CEO Jaydeep Barman tells Viveat Susan Pinto and Niraj Bhatt.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
The assessment highlights the challenges posed by modern technologies that are automating and making redundant multiple human tasks, from manufacturing to healthcare
The transformation will be driven by the number of initiatives the company has identified.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Looking to attract foreign investors to Maharashtra, Chief Minister Devendra Fadnavis has promised them easier business environment and faster clearances as he works towards making his state the most preferred destination within India for investors.
This business could also be aided by new outsourcing opportunities in IMS from Germany, France and northern Europe
Liv.Ai makes speech recognition software that allows people to transact in their native languages.
Infosys will focus on stabilisation in FY19 followed by building momentum the following year, and acceleration thereafter.
Expert staff in the line of fire in the tech sector. Analysts attribute these job losses to a slowdown in growth, automation of lower-end work.
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
With the attrition rate continuing well above 20 per cent, one of the highest in the segment, Infosys is on a drive to reimagine the way it engages with employees starting from the time of recruitment itself. The company is using digital technologies in order to simplify recruitment, provide faster career track to employees, and incentivise people with top skills. The company is looking at doubling the number of recruits from tier-I engineering colleges such as IITs and NITs to enrich its talent base. These candidates who are offered twice the salary as compared to regular campus recruits, join as 'power programmers', a term that has been internally coined by the company to recognise the top coders.
Technology evolution forces private players to downsize operations.
The latest from the IT giant firm will offer next-generation automated tools such as mobile billing and smart supply chain management.
The extra skills you acquire set you apart, differentiate you from your peers and fast track your career.
Revenue rises 20.7% to Rs 36,854 crore.
The initial tests will involve vehicle-to-vehicle and vehicle-to-infrastructure communications technologies that will allow cars to "talk" to each other and roadside signs, overhead gantries and traffic lights
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
The car will also have automatic transmission.
Robots are now being used increasingly in the integrated-shell assembly line and robotic bogie-fabrication line. The unit may soon see its phase-II expansion, which will increase its capacity to 2,000 coaches.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
The world's first publicly accessible ATM machine which can exchange digital currency - bitcoins - for any official currency has been launched in Canada by a group of young entrepreneurs.
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
In a communication to all states and union territories, the NDMA said due to several weeks of lockdown and the closure of industrial units, it is possible that some of the operators might not have followed the established standard operating procedures.
All public sector bank branches will have an automated teller machine by March 31, 2014.
More than 100 days as the chief executive of India's second-largest information technology (IT) services company Infosys, Vishal Sikka on Wednesday said he was upset at the sector. He added there was a "better direction" the industry must look to take.
Upskill. Network. Increase your employability status. Don't be redundant, says Gaurav Vohra.
ATC data show on an average airport capacity falls 40 per cent because of higher runway occupation time during the dense fog period.
To become an algorithmic trader, you need three things: Knowledge of financial markets, quantitative skills, and coding skills, suggests Nitesh Khandelwal.
In January, the company had decided to hand the charge of M&A to Suri.
The car sports a gear knob and not the normal stick.
T K Kurien talks on the outlook for the next year, the slow growth in the retail vertical and initiatives to introduce automation.