US firms are seeking Indian engineers to work on technologies similar to their global counterparts
'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
...compared with 153,000 in all of 2024.
Global tech giants surprisingly prefer skills over IIT and IIM tags which no longer guarantee entry into the world's most innovative workplaces.
Colliers reports that GCC leasing has jumped from 4.6 million square feet in 2021 and is expected to hit 10.6 million square feet by 2025 -- a clear sign that multinationals see Bengaluru as a long-term base.
Public sector firms presented interesting offers on Day Zero placements at the IITs.
Major recruiters, with double-digit offers at IIT campuses this year so far, include American Express, Barclays, BCG, Cars24, Deutsche Bank, Goldman Sachs, Google, Intel India, Meesho, Micron Technology, Microsoft, OLA, Oracle, Reliance, and Qualcomm.
'He has been one of the clearest thinkers in the history of business.'
Both are facing growing pressure from new rivals selling cheaper services.
'It may take some time for them to get down to the details, such as the location and capacity.'
The rivalry between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has intensified, centering on a groundbreaking artificial intelligence project known as Stargate, reported The Associated Press.
A tech architect must have certifications across ERP platforms (SAP, Oracle, Microsoft) and Cloud platforms (MS, Google, Low code SAAS platforms such as Salesforce, and ServiceNow).
With visas set to max out quickly again, tech companies want more. Amid rising joblessness, does America need more skilled foreign workers?
The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.
As federal officers raid alleged abusers, tech employers worry they'll run short of skilled foreign workers, especially in stimulus sectors.
Prior to the current role, Pramanik served as Managing Director for Oracle India and Sun Microsystems.
Ellison and the two new co-CEOs each stressed that nothing would change under the new management structure, with Ellison staying on as executive chairman and chief technology officer.
Oracle, Google and Microsoft offered plum international offers to students at leading IITs in the country.
The likes of Microsoft and Cohesity have offered crore plus salaries to some students.
Microsoft has worked hard to exploit the advantage its mail software provides
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.
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.
The solutions developed by the company cover a broad spectrum, including helping recruiter's gauge the behavioural profiles of candidates during virtual job interviews and assisting in real-time translation in vernacular languages, among others.
A group of Los Angeles investors also bid $1.2 billion for the team.
Companies now require more than just academic marks; they seek students with internship experience or extra certification courses.
The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
In the US, Zoho gets close to 80 per cent of its revenue from small companies, while the remaining comes from large ones.
The move comes at a time when the traditional software maintenance and support works, once the bread and butter for export-driven IT services business, are slowly drying up.
With Western corporations, including Microsoft, AWS and Oracle, shutting down their operations in Russia, the rest of the world has become acutely aware of its dependence on a clutch of technology service providers.
Enterprise data management will be a USD 105 bn business by 2020.
The institute has bagged 179 pre-placement offers so far, with the highest domestic offer at Rs 64 lakh per annum.
Multinational software firms like Microsoft, SAP and Oracle -- which license software and earn royalty on it from Indian customers -- are facing the heat from assessing officers if they have not paid taxes on the gross royalty income. According to a ruling by New Delhi-based commissioner Income Tax (Appeal), Microsoft has to cough up over Rs 700 crore in taxes and interest for the period 1999 to 2005.
Together with the firm's partly-paid shares that were issued in the recent rights issue and are traded separately, the company had a combined m-cap of Rs 13.5 lakh crore or over $181 billion.
The revenue of Indian software market was at $4 billion in 2014.
Blame it on improved business climate, restructuring within companies or just the basic need to pursue better opportunities -- the Indian information technology industry is seeing heavy churn at the top.
After Research In Motion (owners of BlackBerry), the home ministry will now turn the screws on Microsoft, Google, IBM and Oracle. These companies provide technology and services for the virtual private networks (VPNs) run by various operators in India. The government will ask them to conform to regulation that allows intelligence agencies to lawfully intercept data. Failure to do so could result in the termination of VPN services by operators using their technology.
The Korean giant Samsung will be hiring them.
Another report by Oxfam had found that eight billionaires, including Bill Gates, from around the globe have as much money as the 3.6 billion people who make up the poorest half of the world's population.
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