Nasdaq-listed information technology (IT) services firm Cognizant will incur the cost of $400 million over two years as it sets to restructure its operations amid sluggish growth rates. Its NextGen Program aims at simplifying the operating model, optimising corporate functions, and consolidating and realigning office space to reflect a post-pandemic hybrid work environment. As part of this structural shift, Cognizant will eliminate 80,000 seats, or 11 million square feet of real estate in large cities in India.
In a bid to promote Make In India defence systems, the Indian Navy will hold its senior commanders' conference on board the aircraft carrier INS Vikrant in the Arabian Sea, off the coast of Goa.
Clicking pictures under the streetlight or during the day is pure joy with the OnePlus 11, says Ashish Narsale.
Electronics major Samsung has received orders for around 1.4 lakh units of its premium smartphone Galaxy S23 worth a total of Rs 1,400 crore on the first day of its pre-booking for the device, a senior company official has claimed. Samsung India, Senior Vice President for Mobile Business, Raju Pullan told PTI that the pre-booking for Samsung Galaxy S23 is almost twofold compared to the previous version of the smartphone Galaxy S22. "We have clocked almost 1.4 lakh units as pre-book in the first 24 hours and this is almost two times of Galaxy S22.
It is raining trouble for Air India's Dreamliner fleet as one of the aircraft was forced to return to New Delhi on Thursday after developing a windshield crack mid-air on its way to Kolkata.
Thousands of retail investors are reaping the benefits of the disruption that the latest technologies have brought to the equity market. Brokerage firms are aggressively investing in technologies such as artificial intelligence, machine learning, big data and analytics, social media, chatbots, virtual assistants and so on.
'Our sensors allow the missile to locate and identify the target even if it's on the move.'
Pakistan army chief Gen Qamar Javed Bajwa had said last month that a peaceful resolution of disputes, including Kashmir, would be possible through talks between the two countries.
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
Gift your brother/sister something smart, useful and trendy, says Ashish Narsale/Rediff.com.
Through these new hires and centres, Infosys will also focus on enhancing its play in new technology areas like artificial intelligence (AI), machine learning, user experience, cloud and big data.
Veer Arjun Singh brings you the pros and cons.
No one knows when the lockdown will end and people will get to meet in person, but hopes of finding their 'soulmates' is keeping the lights burning amid all the gloom and doom.
The Chinese navy has kicked off 10-day military exercises in the disputed South China Sea amid heightened tensions in the region, especially with the United States.
Whether Rahul likes it or not, he will be judged by what he does to put the party back on its feet, says Colonel R Hariharan (retd).
E-mobility is only one among the several fronts on which Mahindra is waging a battle of aspirations, to future-proof the $19-billion tractor-to-technology conglomerate, says Nikhil Inamdar.
Computer whiz Jefferson Prince, who has built a 70-employee gaming company from scratch, tells S Saraswathi about motivations and challenges of entrepreneurship.
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