Ex-employee Steven Heldt had sued the company for favouring South Asians and discriminating against American workforce.
IT firms are training employees of their clients and even aspiring IT professionals, in order to create fresh revenue streams amid shrinking deal sizes in traditional software maintenance, says Ayan Pramanik.
Surat had bagged the fourth rank under the Smart Cities Mission based on its proposal.
'Young people are digital natives.' 'Hence, their ability to learn coding and to become a full stack engineer is far more.' 'The demand for such people is more as we feel that if we hire people from campuses, we can train them to become what we want.'
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers
'Zero Day' visitors like Maruti Suzuki, TVS, Tata Motors, Hero MotoCorp, Ashok Leyland and Bajaj Electricals are visiting fewer campuses.
India's electric mobility goal, which has so far been riding on two wheels, is all set to graduate to four wheels. At least, the journey has begun. Hyundai Motor India said it would invest Rs 4,000 crore till 2028 to launch half-a-dozen electric vehicles (EVs) in India. It would eventually straddle premium and mass segments. The first of these - the electrified version of an internal combustion engine (ICE)-powered model - will go on sale as early as next year.
The advent of internet of things, blockchain, data analytics, artificial intelligence, and self-driving cars has also created huge business opportunities for online training platforms such as Udacity and Coursera.
For the new millennium generation, slowly and at an accelerating pace, it is attractive to harbour a start-up ambition, says R Gopalakrishnan.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
About 76,000 H-1B visas were issued to people in computer occupations in 2014.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Technology, not just cost, is key to IT's future.
No change in rules that govern sending professionals under H1-B visa regime
Despite higher gross additions, growth in overall customer base has been tepid for these companies, says Debasis Mohapatra.
The record in net addition from the top four was in 2016-17, of 59,427 employees.
NPCI has launched several consumer friendly systems including one that allows users to transfer money to people over mobile phones across India.
The denial rate jumped from 4% to 41% for Tech Mahindra, from 6% to 34% for TCS, from 7% to 53% for Wipro and from just 2% to 45% for Infosys.
TCS had in recent weeks been the subject of reports of a large number of layoffs.
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Recently, Suzuki Motor Corp (SMC) in an investor presentation expressed strong intent to enter the electric vehicle (EV) space. This is part of a larger strategy the Hamamatsu-based firm has drawn up in developing electrification of technologies as it seeks to achieve carbon neutrality. The significance of this presentation is that it marked the first time that the Japanese carmaker spelt out its EV strategy with well-defined timelines. SMC plans to develop electrification technologies by 2025, fully implement them in products from the same year, and make a full-scale quantitative increase from 2030.
With the lockdown in force, live online teaching has become the order of the day, report Peerzada Abrar and Sai Ishwar.
'The business continuity clause will mean the Tatas will have to keep running the airline for three years, and cannot exit the flying business.'
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Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
This challenge has been made a little more daunting with the addition of two new uncertainties.
"There was not a single decision that I took during my second tenure without discussing it with Ranga and getting valuable input from him," says Narayana Murthy.
'More than 1,000 start-ups are created from colleges, and more start-ups are coming up every year.'
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
As Covid-19 cases recede, India Inc is once again tweaking work rules. Big tech companies such as TCS, Wipro and Infosys have either begun or are in the process of calling employees back to office in a staggered manner. A survey by Aon, a global professional services firm, has found that 60 per cent of tech firms now expect every second employee to come to office. More than half of the employees working in engineering and manufacturing firms are also being asked to return to work.
Evaluation gets tougher as companies battle uncertain macro conditions and automation.
TCS moved into new markets like France, Japan thanks to acquisitions.
TCS is likely to hire hire 55,000 employees in FY15 .
The entire range of Hyundai's diesel cars - from compact ones to SUV models, including the soon-to-be-launched Aura - will be eco-friendly.
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