With his elevation as the CEO of Twitter, Parag Agrawal, in whom co-founder of the microblogging giant Jack Dorsey has "bone-deep" trust, joins the growing power club of Indian-origin executives helming US-based global multinationals. Twitter's outgoing CEO Dorsey announced on Monday that 37-year old Agrawal, an Indian Institute of Technology, Bombay and Stanford University alumnus, will be the company's new chief executive as he stepped down after 16 years at the company that he co-founded and helmed. A report in The New York Times said Agrawal will receive an annual salary of $1 million, in addition to bonuses, restricted stock units and performance-based stock units.
The use of open source software in India is all set to advance further and increased participation from government and industry could see a balanced distribution of proprietory and open source software.
Tech giant Apple on Monday said it is undertaking a detailed investigation following the violent incident at its supplier Wistron's Narasapura facility in Karnataka last week.
'India needs offensive and defensive security measures to protect itself.'
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
He is the first Indian-origin person to head a 'Big-Four' audit co.
The US president's stance on immigration could lead to a change in H1B visa rules.
Amazon Web Services (AWS) on Friday announced setting up of its second data centre region in India in Telangana that will be operational by mid-2022, and will see the tech giant investing about Rs 20,761 crore. While AWS did not comment on the investment detail, Telangana IT and Industries Minister KT Rama Rao tweeted that AWS will invest Rs 20,761 crore ($2.77 billion) to set up multiple data centres in the state.
The company moved the income-tax appellate tribunal and its appeal is pending there.
Marketers need to build on the country's core values to strengthen Brand India's presence abroad.
Ok Computer could have been our answer to every futuristic film in Hollywood, but it ends up becoming just an aspiration gone awry.
"The group expressed belief that philanthropy and social service are integral to the development of any society. The meeting was focused on sharing ideas on philanthropy and not about any pledges. It discussed social work in areas like education, health, water and agriculture," stated the Azim Premji Foundation, the not-for-profit organisation run by Premji.
Amazon, Google, Apple and Facebook are both a boon and a bane for angel investors, VCs as well as start-ups. If the Big Tech companies get broken up and their powers to acquire get significantly curbed therefore, the whole ecosystem will need to change, says Prosenjit Datta.
Bitcoin has been on fire ever since Musk announced that Tesla had bought $1.5 billion of the cryptocurrency, and that his electric-vehicle company would accept bitcoin from buyers.
"The world is global, whether you like it or not."
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
Fresh capital will help Flipkart further grow its e-commerce marketplace in India as the world's second-largest internet market begins to recover from the COVID-19 crisis.
Finnish telecom firm Nokia on Wednesday said it demonstrated a record 4G speed that enables a high-definition movie to be downloaded in only 11 seconds.
Going forward, the Korean company's real competition could be nimble-footed Indian companies, more than the Nokia-Microsoft combine.
Income Tax Department has slapped fresh tax notice on Nokia India, tax authorities said.
Lenovo India on Friday introduced one of India's first desktop personal computer with the rupee symbol on its keyboard, compatible with Microsoft software.
US President Barack Obama has written a profile for Prime Minister Narendra Modi for Time magazine as it named the Indian leader among the 100 most influential people in the world.
It will be exclusively available on Amazon.
In the US and elsewhere, Microsoft employees view their new CEO as 'a performer, a doer' who will change things for the better. Ritu Jha and P Rajendran report.
Apple CEO landed in Kanpur for IPL match as jet to Vizag was late; he also got to see Lucknow
The Nokia India facility in Chennai, one of the largest manufacturing facilities of the company globally employs 8,000 people, of that 50 per cent are women.
Buoyed by the market response to its Tizen OS-based smartphone in India, tech giant Samsung plans to manufacture the 'Z1' at its Noida facility soon.
'Governments, democratically elected governments, are custodians for a short- specified time.' 'Parents don't let baby sitters decide the course of their child's future.'
Pune saw the fastest growth in terms of number of super-rich people.
Leaders of the United States, India, Australia and Japan did discuss the 'challenge' posed by China during the first meeting of the Quad, and they made clear that none of them have any 'illusions' about Beijing, US National Security Advisor Jake Sullivan has said.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.
Most Indian IT firms work as system integrators for Huawei and though the exposure is very less as of now, the potential is more due to 5G roll out. As pressure to keep the Chinese firm out of the 5G network grows, other global firms, including Japan's NEC, South Korea's Samsung, Finland's Nokia and Sweden's Ericssion are increasing their investments to grab more market share in the telecom sector.
Nadella showcased improvements to Cortana and announced previews of new cloud services.
Fadnavis had a series of very productive meetings with American CEOs
'That an Indian can lead the world's top software company is an important milestone for Indian Americans and for America. But the larger message is for India itself: Imagine what Indians can achieve at home if they put their differences aside and start helping one another,' says Vivek Wadhwa.
Facebook's Mark Zuckerberg is at the second place.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
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