IIT Kharagpur gets more than 1,000 job offers in a record five days, with 144 companies visiting the campus till Dec 5
Hiranandnani's new venture is well-timed, but it will face heavy competition from both international majors and domestic peers like Adani Group.
In a filing with the US Securities and Exchange Commission on Monday, Microsoft said Nadella will get a total compensation of $84.30 million for the fiscal year ended June 2014, significantly up from the $7.66 million he received in 2013.
Digital extortion, in which hackers lock out all your data and seek ransom, is a real threat today, says Veenu Sandhu.
Postman, a leading application programming interface platform, has secured $225 million in a Series D round, placing its valuation at $5.6 billion. With this, Postman has emerged as the most-valued software-as-a-service (SaaS) firm started by Indian founders, overtaking web and mobile testing firm BrowserStack, which was valued at $4 billion in June. The valuation of the San Francisco-headquartered firm with offices in Bengaluru, where it was founded, has almost trebled in just about one year and risen multi-fold since 2019. Postman, with team members spread across four continents, had secured $150 million in a Series C investment round led by Insight Partners at a $2-billion valuation last summer.
Why hasn't India produced a single earth-shaking idea like Python or the World Wide Web, asks Ajit Balakrishnan.
Microsoft Corporation on Tuesday announced that its Board of Directors has appointed Satya Nadella as Chief Executive Officer and member of the Board of Directors effective immediately.
In the dock over Lalit Modi row, Rajasthan Chief Minister Vasundhara Raje insisted that she has not been asked to resign and media was running "false" reports to tarnish her image and cause "political damage".
It's 2007 and Microsoft wants you to upgrade, literally. The beta version of Office 2007, which I used, seemed as if the Redmond-based giant has managed the unexpected -- a redesign of Office applications.
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.
Taiwan-headquartered Wistron Corporation has said that it had suffered a loss worth Rs 437.40 crore in the violence in its facility unleashed by a section of workers over salary issues at its plant in Kolar district in Karnataka.
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
And it's not an IIT graduate who's bagged it, report Gireesh Babu & Vinay Umarji.
During his earlier visit, the IT giant chief addressed Microsoft's employees at its India Development Centre.
"There is no place for hate and racism in our society. Empathy and shared understanding are a start, but we must do more," Nadella said in a tweet on Monday. "I stand with the Black and African American community and we are committed to building on this work in our company and in our communities."
The Hyderabad-born Nadella says it's not the AI engine, but the teams that build it as well as the algorithms to make it intelligent have to be diverse and inclusive, so that the solutions they build do not show up any sort of 'unconscious bias' that they may have.
He will be in Mumbai for a day to deliver a keynote address at Future Unleashed.
The next version of Microsoft Corporation's Office software will feature simpler graphics and try to anticipate users' tasks to make the product easier to use, Microsoft chairman Bill Gates has said.
The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.
Microsoft's interactive self-service assets (client, people and technologies) are to be merged with 24/7 Customer, to be now known as 24/7 Inc.
Ashish Narsale/Rediff.com tells you what you must keep in mind.
A cricket buff and poetry loving electrical engineer from Hyderabad Satya Nadella is the next occupant of the Microsoft corner office in Redmond from where Bill Gates built his software empire.
'There is definitely a skill war, or a talent war going on.'
Day 1 saw Microsoft make the highest number of offers while Intel emerged as one of the top recruiters on Day 2.
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.
'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'
The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
Bezos' total net worth hit $65.05 billion
New Microsoft study finds a majority of the millennial workforce are open to digital workspaces.
Total of 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, as per a report. The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP. All these companies in the list of non-state enterprises have gained in value during 2020, which was hit by the pandemic, barring tobacco major ITC and second largest private sector lender ICICI Bank, as per the 'Hurun Global 500' report.
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.
Here's how to know if you're on to something huge, or it is just a mirage. Read on...
Microsoft CEO holds all-hands-meet with India employees, reiterates thrust on 'mobile-first, cloud-first' strategy
In webcast address to India, Microsoft CEO says Azure seeing 'incredible' momentum here, with technology adaption racing in unprecedented ways.
Qi Lu would join as president of online services group to lead its search and online advertising and all its online communications services, Microsoft Corp said. He would report to Microsoft chief executive officer Steve Ballmer, the statement added.
Oracle, Google and Microsoft offered plum international offers to students at leading IITs in the country.
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
Shyam's appointment was announced by Washington Governor Chris Gregoire on Monday.
Fadnavis had a series of very productive meetings with American CEOs
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