Prime Minister Narendra Modi urged CEOs of US majors to take advantage of India's growth story as the country is making all efforts to become the third largest economy of the world in his third term. India is currently the fifth largest economy of the world after the US, China, Germany and Japan with a GDP of around $3.9 trillion. India has been the fastest growing large economies of the world with GDP growth rate of over 7 per cent for the last three consecutive years.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
President A P J Abdul Kalam has favoured India and IBM jointly developing and marketing nano computers.
The IBM Virtual Desktop allows Windows or Linux desktops to be hosted and managed centrally, thus lowering the cost and complexity of managing Personal Computer environments through rapid deployment of new applications, automatic software updates and reducing the need for help desk requests, IBM said in a statement.
Engineering students continue to prefer working with IBM as it is the most preferred brand.
Micron Technology, a global leader in memory and storage, is considering supplying Made-in-India chips from its Gujarat plant to one of its key global clients, Apple, whose vendors assemble iPhones in the country. Micron is setting up an assembly test marking and packaging (ATMP) plant in Sanand, Gujarat. Currently, Apple vendors import chips for manufacturing iPhones. Sources in the know say the aim is to use part of the production to supply to Micron's clients in India directly.
He threatened to levy 35% tax on companies shifting jobs outside the US, if elected
With strong GDP growth, expanding base of start-ups and growing trend of new technologies like cloud in the country, the 21st century is Indian century, IBM chief Virginia Rometty said.
IBM Global Services, the IT services arm of IBM, is eyeing new business areas like business process outsourcing and human capital solutions, a senior company official said in New Delhi.
These two products have undergone two years of development and testing by more than 25,000 businesses around the world.
"India plans to build close to 14 nuclear power plants. We see huge opportunity here"
Security incidents became more costly and harder to contain due to drastic operational shifts during the pandemic with the cost of data breaches to Indian organisations rising close to 18 per cent to Rs 16.5 crore on an average between May 2020 and March 2021, according to a report by IBM. The study pointed towards similar trends in other parts of the world with data breaches costing surveyed companies $4.24 million per incident on an average - the highest in the report's 17-year history.
Software giant IBM is offering its recently laid-off employees jobs in 'growth markets' like India and Russia through a new programme and will help with moving costs as well as providing visa assistance, media reports said.
While IBM has announced big expansion plans in India, Intel, Sun, Seagate and Apple have either downsized or shut down operations here.
Close on the heels of Boeing's defence of India to the US International Trade Commission's investigation into India's trade, investment and industrial policies, IBM has also sprung to New Delhi's defence in an otherwise sea of criticism of India's violations of intellectual property rights, local content requirements, among other issues of concern to US business and industry.
IBM said on Tuesday it plans to nearly triple its investments in India over the next three years to $6 billion.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
US-based global technology giant IBM expressed keen interest in participating in India's newly-launched initiatives like Smart Cities and Digital India.
Bangalore-based IBM employee Narendra Babu, who was detained by the Malaysian authorities for overstaying his visa, is back home, the company said on Wednesday.
From inking deals to hiring top workers, Big Blue is beating its tech services rivals
The Kerala police on Thursday launched an investigation into an alleged social media campaign against Chief Minister Pinarayi Vijayan's Facebook post requesting help for the people affected by the landslides in Wayanad district. The campaign was aimed at motivating people to reject the CM's appeal for disaster relief, it said.
Forty per cent of Indian companies, surveyed by IBM in July, said they wanted to be first to adopt a new technology, while only 11 per cent said they would wait till technology was widely available.
Infosys has a proven track record of delivering services for over 15 years now. So, the long-term growth prospects, from this perspective, are encouraging.
Companies now require more than just academic marks; they seek students with internship experience or extra certification courses.
The IT major is working with a host of Indian companies in emerging sectors to enable them to improve efficiency and cut costs - spelling both good business and sound investment for the future.
Global IT major IBM CEO Ginni Rometty on Wednesday met Prime Minister Narendra Modi.
The US-based IBM, the world's largest IT company, plans to increase its payroll in India this year by more than 14,000 workers
The emerging nations of India, China, Brazil and Russia are firing IBM's growth and constituted five per cent of the company's second-quarter revenue.
In its first ever acquisition in India, global information technology major IBM has agreed to acquire India's third largest business process outsourcing firm Daksh eServices to add skills in strategic areas.
It looks like IBM is betting on Vaswani to replicate the success he had with Dell
There have been reports that nearly three-fourths of the millions of engineers and B-school graduates are simply not employable at all, speaking volumes about the quality of both the academics as well as the admission process in the country's education systems.
Pavan Vaish, one of the co-founders and the chief executive officer of IBM Daksh, has announced that he will leave IBM by the end of February. IBM announced it had completed the integration of IBM Daksh and its business process outsourcing (BPO) operations would be rebranded as IBM Global Process Services.
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
IBM on Thursday launched a new Services Innovation and Research Centre in Bangalore that would focus on innovative technologies for improving IT services.
The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.
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