The warning by the anti-trust watchdog has come days ahead of Amazon founder Jeff Bezos' India visit, about which the Seattle-headquartered company has been tight-lipped. Sources in the know indicated that Bezos, coming on a short trip, has sought a meeting with Prime Minister Narendra Modi.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Realigned training modules. Better automation and coding tools. Internal contests and more.
Centre objected to the review petition and said that the basic grounds for seeking review of the verdict are the same as they were in the main petition.
A culture of science and innovation must be embedded in society wherein people not only use new technology but understand it as well. Without this, obscurantism and blind faith can sit side by side with digital technology and, in fact, use the same technology to reinforce their hold on people, says Shram Saran.
The firm, which has sacked 1,000 employees, says nothing new about it, laggards weeded out every year, this year is no different
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
'Section 153A is not meant to protect fragile sentiments of the majority Hindu community who choose to get offended by slogans celebrating the success of the Pakistani cricket team.'
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
Firm offers this work option to 80% of its staff, saves $196mn on opex and garners $294 mn via building sales
The country's IT software and services exports from the top-10 firms crossed $15 billion to touch Rs 68,236 crore (Rs 682.36 billion) in 2006-07.
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Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
The Centre has informed the Supreme Court that the North and South blocks, which cover nearly 27 acres housing government offices in national capital, are proposed to be converted into national museums.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Kochi's Infopark has managed to get Rs 3,000 cr investment.
Modest growth projections hits IT sector.
15 per cent of startups in Silicon Valley are founded by Indians.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
TCS moved into new markets like France, Japan thanks to acquisitions.
First acquisition under Sikka's plan of buying technologies for tomorrow
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Also looks at setting up development and training centres in the US to tide over visa-related issues
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
Company expects to be back to industry leading growth in FY17.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
Right now Infosys is somewhat on the up.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Did you know that India is among the top five countries in food processing?
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
The share buyback -- which will be the first in the company's 36-year history -- has been a long-standing demand by some of the founders and high-profile former executives, who have been pushing Infosys to return surplus capital to its shareholders.
