HDFC Bank has reshuffled the portfolios of its senior management team. This is the first major rejig after the amalgamation of HDFC Ltd on July 1. "The runway for our growth is large. This change is being done to bring in a very sharp focus on leveraging what we have built and for enhanced execution," said Sashidhar Jagdishan, managing director and chief executive of HDFC Bank, explaining the reason for this overhaul.
Global IT giants such as FaceBook, Google, IBM and Microsoft have a base in Hyderabad.
In what could result in a complete overhaul of the Insolvency and Bankruptcy Code (IBC), the insolvency regulator has sought public comments on the regulations it notified under the code to date. The Insolvency and Bankruptcy Board of India (IBBI) has given a window of eight months ending December 31 to all stakeholders to share their views on its regulations. IBBI has called the exercise "crowdsourcing of ideas".
Tech giant IBM on Tuesday said it has received 9,130 US patents in 2020 - topping the US Patent List for the 28th consecutive year - with India being the second-highest contributor. "IBM scientists and researchers received 9,130 US patents in 2020, the most of any company, marking 28 consecutive years of IBM patent leadership. "IBM led the industry in the number of artificial intelligence (AI), cloud, quantum computing and security-related patents granted," IBM said in a statement. For the fourth year in a row, IBM India was the second highest contributor to IBM's global tally with 930 patents granted to inventors from India in 2020.
Ahead of the state assembly elections due this year-end, Baghel made as many as 15 announcements in his address during the state-level Independence Day function at the Police Parade ground in Raipur.
rediffGURU Baqar Iftikar Naqvi, start-up mentor, founder and CEO of Upriver Ecommerce, offers advice on how to navigate the many challenges of entrepreneurship.
Shiv Nadar, the first-generation information technology entrepreneur, founder and chairman of the HCL Group, has announced an additional Rs 3,000-crore investment over the next five years towards the educational initiatives of his corporate social responsibility entity, the Shiv Nadar Foundation.
Cyber crimes in 2016-2017: 1,372 cases. Cost: Rs 423 million.
Interview with CFO & vice-president, Tata Consultancy Services
'At the policy's maturity, the total premium is refunded.'
Manipur Chief Minister N Biren Singh on Monday said that a police case has been filed on the basis of a complaint against the president and three members of the Editors Guild of India (EGI) for a report critiquing media coverage out of Manipur, and accused them of trying to "provoke clashes" in the state.
Speaking at the International Judicial Conference 2020 'Judiciary and the Changing World', Kovind said the apex court has led 'progressive social transformation' and referred to the two decades old Vishaka guidelines for preventing sexual harassment of women at workplace and the recent direction that women officers in the Army be granted permanent commission and command postings.
Infosys has brought back the old structure of shared responsibility between the CEO and the COO
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
The immigration Bill from a bipartisan group of US Senators will hurt US companies as much as Indian IT service providers.
The plan is to offer the ratings of drivers to insurers, which can then customise their premiums -- a higher score meaning a lower premium, for instance, and vice-versa.
We have to be much more rigorous and analytical in assessing the importance of the BRICS, says Parag Khanna.
The intent to hire in the current quarter is likely to rise by 7 per cent over the previous three months if further lockdowns and workplace operating rules are not enforced, mainly driven by demand in healthcare, pharmaceuticals, educational services, ecommerce and technology start-ups and IT, according to a report. In fact, out of the 21 sectors reviewed, more than 8 sectors will witness a 9-11 per cent rise in their intent to hire in the current quarter, TeamLease Employment Outlook Report has revealed.
A majority of the companies said the law, aimed at jobs with a monthly salary cap of Rs 50,000, will result in them leaving Haryana or growing their operations in other states and abroad.
We gave them (Twitter) three months' time. Others have followed, they haven't. Rule 7 of (IT) guidelines says if you don't comply then under Sec 79 you may lose intermediary status and may become liable to other laws including penal laws of the country
The outcome of the general elections, the Morgan Stanley note says, has enough firepower to sway the markets on either side.
The ministry of electronics and information technology is working on creating a software product council, including members from the government, academia and industry that will work on implementing a software products mission.
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
Amazon India has decided to shut down 'Amazon Distribution', according to sources. This follows its recent decision to shut its food delivery and edtech offerings. The moves are part of the annual operating planning review process amid global macroeconomic uncertainty. The e-commerce giant is looking to focus on its core businesses, sources said.
Budget expectations 2013: IT sector.
The Supreme Court on Monday extended till September 15 its order asking the Manipur police not to take any coercive steps against four members of the Editors Guild of India (EGI) in connection with two FIRs lodged against them for alleged offences, including promoting enmity between two communities.
An exhibition on the origins of Indian art, culture, handicrafts, and India's grassroots farming innovations is scheduled for September 9 and 10.
Heads of Apple, Microsoft and HP, Infosys and Wipro's IT business would be keenly watched.
Indian information technology companies are eyeing the $10-billion medium multi-role combat aircraft deal, up for grabs from the Indian Air Force.Of this, about $1-1.5 billion (Rs 4,600-6,900 crore) is the size of the total IT integrated services pie, that would include engineering services and IT services, said industry sources.Six global vendors -- Boeing, Lockheed Martin, Mirage, Russian Aircraft Corp's MiG, Saab and Eurocopter -- have been shortlisted.
'This is a race where every technology can be used by the bad guys and good guys.'
Justice Rekha Palli noted that while the rules mandated appointment of a key managerial person or a senior employee as CCO, Twitter disclosed in its affidavit that it had appointed a 'contingent worker' through a third party contractor.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.
The average top executive monthly compensation is Rs 1 crore. The median employee salary is now Rs 820,000.
Has Vijay Shekhar Sharma given up on the bank? For now, he seems to be on a save-OCL mission. The bank will face its logical end, observes Tamal Bandopadhyay.
HAL helicopters will be equipped with an 'Obstacle Avoidance System' that warns pilots of any obstacles in their flight path.
'There are already multiple lawsuits against the IT rules.' 'So questions of compliance are like rearranging deck chairs on the Titanic.'
On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
The military establishment is in no mood to forgive or forget Imran's anti-military utterances, observes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
'As the demand for transferable skills that can be remotely applied increases, the need for tech-based courses is on the rise/'
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