Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
Sadhana Ramachandran and Sanjay Hegde speaking to the protesters said, "The Supreme Court has upheld your right to protest. But then other citizens also have their rights and it should also be maintained."
The Ethics Committee of Rajya Sabha headed by Congress veteran Karan Singh on Monday took cognizance of the issue of Vijay Mallya, who has allegedly defaulted on over Rs 9,000 crore (Rs 90 billion) bank loans.
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
The Supreme Court Tuesday asked the Centre and West Bengal government to respond to a plea seeking directions to prevent the alleged exodus due to 'state-sponsored' violence after the assembly polls, constituting a Special Investigating Team to probe the issue and take action against culprits.
The top court said it is not satisfied with the efforts of the Centre as well as the states on the issue of registration of workers in unorganised sectors.
Cognizant first, TCS third, Infosys fourth in Performance and Satisfaction study.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
Lal Singh has alleged that Kashmiri journalists have created "an erroneous atmosphere"
Taking cognizance of charges against Maharashtra Navnirman Sena chief Raj Thackeray for allegedly inciting violence against aspirants from the state for railway jobs in Mumbai, a Bihar court has asked him to appear before it next month to explain his position.
A vigilance court in Patna on Friday refused to take cognizance of the chargesheet filed against suspended IAS officer and former Patna District Magistrate Gautam Goswami in connection with the multi-crore flood relief scam on technical grounds.
While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
In its explanation of vote, India said 'we find that our views have not been reflected in the draft being considered for adoption today. We would like to reiterate that a consultative and constructive approach involving the neighbouring countries and the region, remains important as the international community strives for the peaceful resolution of the issue'.
The top four Indian IT firms have cash reserves of nearly $15 billion with TCS alone holding $5.9 billion in reserves, followed by Infosys with $3.6 billion, and Wipro with $3.4 billion. HCL Technologies has cash reserves of $1.75 billion.
The pace of job generation has slowed as IT firms look at automation to do testing
According to the police, overall, 1,818 people have been arrested so far in 400 cases in connection with the riots. They said 342 charge sheets have been filed by Delhi Police by the end of 2020, out of which the trial court has taken cognizance 250 cases.
The social audit of all childcare homes across the country was ordered in 2018 when cases of sexual exploitation of girls were reported from childcare institutions in Deoria in Uttar Pradesh and Muzaffarpur in Bihar.
Colleges are witnessing more offers, with better salary packages. Median salary packages offered have improved over last year.
The Congress is citing the model code of conduct, which is presently in place for the upcoming elections.
Infosys is looking for acquisitions but for innovative reasons instead of revenue priorities.
this move by the government is likely to iron out the current challenges for the NBFCs and in turn help the real estate sector.
Modi said that violence, abuse and rude behaviour against frontline workers is not acceptable
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Ex-Infosys CFO V Balakrishnan said the IT companies 'have to get employees who understand new technologies, they have to get rid of some of the employees, who are more on the legacy, and try to attract talent which is more digital'.
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.
The court said the situation is "going out of control" in Gujarat.
The Mumbai police on Wednesday has warned Maharashtra Navnirman Sena chief Raj Thackeray and his party workers to not commit any cognizable offence following which stringent action will be taken against them.
On legal front, Wankhede, who the NCB asserted has an impeccable service record, failed to get any relief related to an affidavit on the sensational extortion claims made by the independent witness, Prabhakar Sail, with a special court saying it cannot pass a blanket order barring courts from taking cognisance of the document.
'New Delhi is in a perpetual dilemma. It can't do without Yediyurappa, but it doesn't want a powerful CM. It stokes the opponents within against him. The result is he has never settled down in office, even in the present tenure'
Kalra was banned from Ranji Trophy as well as U-23 tournaments on a complaint filed by former Delhi captain Kirti Azad's faction, alleging that the left-handed opener has fudged his age since the U-16 level.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
India's table tennis player Soumyajit Ghosh has been provisionally suspended by his country's governing body after an 18-year-old woman filed a rape allegation against him with the police.
First time violators will face a jail term of up to one year and a fine of Rs 1 lakh. For subsequent offences, a jail term of up to three years or a fine of Rs 5 lakh, or both according to the ordinance.
A local court convicted the actor and sentenced him to one-year imprisonment for assaulting his neighbour.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Chief executive officers of airlines have asked the government to bear 50 per cent of three months' salaries of employees.
Cognizant jumps 13 ranks to become 4th most valued.
