'Middle-level managers account for 10 per cent -- or 450,000 people -- in the IT industry in India.' 'And of these 225,000 would lose jobs over the next one decade as their work would get automated.' 'This is grim news for many reasons,' says Aakar Patel.
TCS hopes the Rs 2,628-crore (Rs 26.28 billion) bonus to its employees will help contain the high attrition level.
The company plans to create a new class of non-voting shares.
India Inc is facing threat from non-traditional sources.
Not since Croatian Goran Ivanisevic beat Australian Pat Rafter in 2001 has there been a final featuring two players adopting the serve-and-volley style once deemed mandatory.
FY14 sees 16% decline in adjustments; department adds only Rs 59,000 crore to the profits attributed by multinationals, against Rs 70,000 crore a year ago
Indian companies seem to be trailing behind. They will have to catch up by reskilling the workforce and ramping up investments.
They are shaken by the mass molestation in the city on New Year's Eve. But they are not waiting to be rescued. Nikita Puri reports.
Physical security for women, the first step towards getting them into factories and offices, is all but absent in most Indian cities, notes Kanika Datta.
With the demand for lower costs in process driven activities and a move away from the high rate, billable hours of legal services, AI platforms are being used internationally in many legal tasks.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Apoorve Dubey lists out the 15 things that will make you a successful entrepreneur.
Headline-grabbing is part of Terry Gou's business plan.
Ebay will cut around 2,400 jobs this quarter in a bid to improve business efficiencies.
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
LCD displays could be produced in India in the near future.
Technology evolution forces private players to downsize operations.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
While it is hard to be critical of your own performance, what is it that you can do to survive a slow job market?
How far investors will be convinced by Modi's promise to replace red tape with a "red carpet" remains to be seen.
PE firm True North's investment model is to take 51% stake in mid-sized companies and make them large, says Niraj Bhatt.
Twitter users were generally impressed with Apple TV, with some people joking that they would have to buy a TV to use the Siri remote and app store.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
A consortium of three US-based firms - AECOM, KPMG and IBM - was given the task of developing the master plan.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
Nikita Puri introduces the Indian teenager who has joined the league of innovators with celestial bodies named after them.
APAs are part of govt's aim to move to a non-adversarial tax regime.
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Some experts believe that building new cities may not be the answer to India's swelling urban population.
Indian-American business leaders meet to discuss ways to make this initiative a success.
Take a look at what the stars were wearing at the 2016 Met Gala.
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
Hepzi Anthony examines the curious case of the white-collared farmer.
Like Nehru, Modi is loathe to touch the public sector. His policy towards Israel leans towards 'non-alignment'. You can find other similarities: frequent public speeches, personalised leadership, total control over foreign and strategic policies, even stylised dressing, says Shekhar Gupta.
Chennai-born Pramila Jayapal makes history in Washington state; she is also the first person of colour in the Washington State Democratic delegation.
It was just not the iPhone 6S and 6S Plus that the Cupertino-based Apple launched on September 9. Here's a lowdown on three more gadgets launched by the company in San Francisco.
'Lakhs of engineers graduate every year in India and the IT industry used to be the primary recruiter. That is going to end.'
