The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
Several companies and technology heavyweights including Microsoft, Oracle and Salesforce are working to create a digital vaccination passport or health passport app in the hope that governments and airlines will require travellers to upload details of their Covid-19 tests and immunisation. The vaccine passport will effectively create digital credentials that could be the key to attending crowded events or even visiting countries.
With a market cap of $60 billion, exceeds Accenture and HP but trails IBM
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
There's no place like home, but even for the affluent buying one in India is difficult. On top of that, the coronavirus pandemic-now in its eighteenth month-has made life uncertain. A hopeful thing is buying a house looks alluring as loan interest rates fall below 7 per cent, their multi-decadal lows. The slow decline in GDP growth after demonetisation, followed by the economic shock caused by Covid-19 waves, has hurt us unevenly.
Chairing an exclusive roundtable with 42 global CEOs and top executives from across 20 sectors, Modi stressed on continued political stability in India, predictability of policy, and pro-development and pro-growth policies.
According to the capital allocation policy approved by the shareholders in April last year, Infosys plans to give back around Rs 10,400 crore to shareholders by the end of this financial year.
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.
Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world's leading companies.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
The business centre is adding staff in India, China, Hong Kong, Taiwan and Korea, with dedicated pavilions for China and Japan. this has been made possible through addition of a new island in the virtual world, a statement from the IT major said on Monday.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
The assessed value of property owned by International Business Machines Corp. in California's Silicon Valley fell $282 million last year, making the computer services giant the hardest-hit landlord in a collapsing real-estate market
From Accenture to IBM, IT hiring is set to gain pace where most of these openings are for lateral hiring for people with 4-6 years of experience.
Data centre will be built with an approximate investment of Rs. 900 crore.
IBM writes to US Congress; Premji meets Biden
Ajit Singh represented a bridge between a constituency that represented a more traditional era in politics and a modern, forward-looking, India, remembers Aditi Phadnis.
IBM is recruiting Senior Architect, Designers and Developers.
According to Microsoft CEO Satya Nadella, data today shows that the world GDP growth is not "something great" and that calls for the need for new innovations like AI being taken very seriously.
In addition to Pichai and Nadella, IBM's Arvind Krishna, Micron's Sanjay Mehrotra, Ajay Banga from Mastercard and Ann Mukherjee from Pernod are among the six Indian-Americans among over 200 corporate honchos who will advise the President and offer recommendations on how to revive the American economy.
By 2018, vibrators within computers will be precise enough that they could be designed to mimic the vibrations experienced when your fingers touch a particular surface.
Our technology team is very closely watching all emerging markets including BRIC countries.
Organisations today are more focused on candidates' skills that will not only add business value to the organisation but also help them thrive.
Sources said about hundreds of companies, including Facebook and Amazon, could seek tax refund because they import software for sale in India.
Are the big five using their dominance to shut out rivals? That is the key question, says Prosenjit Datta.
'Mumbai turned me into a fighter, always hustling to keep up with the world.' 'Now, I hustle for the poor and the ones who don't have a voice because I feel they are poor for no fault of their own.'
A large number of American companies like Google, Uber and IBM are offering their resources to help India successfully fight the battle against the deadly coronavirus pandemic.
Garry Kasparov hated losing but in defeat, to an "alien opponent" incapable of fear or the faintest flicker of emotion, the youngest of chess champions and greatest of grandmasters made history. He became a grandmaster at 17 and world champion at 22 in 1985 when the charismatic youngster beat Soviet establishment hero Anatoly Karpov.
Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.
Computer maker IBM is developing 'skyscraper' computers using huge sandwiches of silicon chips by sticking layer after layer of chips covered with tiny components together.
We see India as a very important market for HP, says Sean Kenny.
Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.
CBDT recently issued orders to all tax offices to check any 'discrepancies' in financial statements of these companies
After last year's lull, number of offers jump by 15%.
Where do Indian IT firms stand compared to their global peers in this journey of transformation? Ayan Pramanik seeks answers from IT services analyst Phil Fersht.
Asserting that the self reliant India programme will help revive the global economy, Prime Minister Narendra Modi on Thursday told global business community that his government aims to transform the country through access, inclusion and empowerment while also ensuring complete data security. Addressing the World Economic Forum's online Davos Agenda Summit, where he also interacted with global business leaders, Modi also said India offers a predictable and friendly environment from tax regime to FDI norms. He said Aatmanirbhar Bharat movement is committed to global good and global supply chain while the country's digital profile has been completely transformed.
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