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.
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.
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 will focus on stabilisation in FY19 followed by building momentum the following year, and acceleration thereafter.
The latest from the IT giant firm will offer next-generation automated tools such as mobile billing and smart supply chain management.
Infosys now plans to re-purpose Skava's micro services-based business and re-focus Panaya's suite of products.
Technology evolution forces private players to downsize operations.
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
The car will also have automatic transmission.
Revenue rises 20.7% to Rs 36,854 crore.
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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.
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.
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.
ATC data show on an average airport capacity falls 40 per cent because of higher runway occupation time during the dense fog period.
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
The extra skills you acquire set you apart, differentiate you from your peers and fast track your career.
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
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.
In January, the company had decided to hand the charge of M&A to Suri.
To become an algorithmic trader, you need three things: Knowledge of financial markets, quantitative skills, and coding skills, suggests Nitesh Khandelwal.
T K Kurien talks on the outlook for the next year, the slow growth in the retail vertical and initiatives to introduce automation.
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 car sports a gear knob and not the normal stick.
Wipro is using this in-house innovation to automate internal functions such as helpdesk management
US cybersecurity researchers have developed a technique that fights the 'Heartbleed' virus, and detects and entraps hackers who might be using it to steal sensitive data.
Upskill. Network. Increase your employability status. Don't be redundant, says Gaurav Vohra.
Union Bank, Andhra Bank, YES Bank launch cash transfer.
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.
'One of our proudest moments was when our system was displayed on the DRDO tableau on Republic Day this year,' says Ankit Mehta, CEO of Ideaforge, a company that is the topmost maker of unmanned aerial vehicles in India.
With the concept of 'intelligent building' gaining ground in India, real estate developers are vouching for automated building solutions that combines low operational c
'30 to 40% of the industry needs to be reskilled as existing jobs will go to automation.' 'Reskilling is required as some existing jobs will not be required in the future.'
Dubai Metro is the world's longest fully automated metro network spanning 75 kilometres.
Reports suggest this lot could fetch the cybercriminal as much as $130 million upon sale.
Rediff.com's Ashish Narsale brings you glimpses of OnePlus's massive new R&D centre in India.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
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