While you cannot avoid the delay in payments from your customers, you must come up with new ideas on building your internal cashflow system to ensure that the cash crunch within the organisation is minimal, suggests Naval Goel.
With Infosys reportedly increasing the pay packages of senior executives, including executive vice-presidents and a few vice-presidents, threefold, the Indian information technology (IT) services space might well get a new benchmark.
"The strategic divestment transaction of Air India successfully concluded today with transfer of 100 per cent shares of Air India to M/s Talace Pvt Ltd along with management control," DIPAM secretary Tuhin Kanta Pandey said in a tweet. A new board, led by the strategic partner, takes charge of Air India, he added.
Siddhartha's knack for value investment dates back to 1995 when he infused capital in Kshema Technologies, which was acquired by MphasiS. He also took an early exposure in Mindtree way back in 1999. Since 1995, he had invested in more than 15 technology companies including chip-designing firm Ittiam Software, and GlobalEdge Technologies, among others, says Debasis Mohapatra.
Meet Pankaj Goel, who launched a software company with three other friends in a Noida garage. Today, their venture is worth $1 million.
Across the country, companies have stepped up their act to contain the crisis. IT and other new economy firms seem to have taken a lead.
Oracle has announced the availability of a hosted Enterprise Resource Planning solution for small and medium enterptises in India through its certified partner, Zensar.
Take a look at the 10 biggest IT deals ever.
There were fewer Series-B deals this year versus last, but more money was raised
To strengthen its enterprise offerings in the analytics and business rules management space, Chennai-based California Software will acquire a 100 per cent stake in US-based technology consulting firm International Innovations.
To prevent data breaches, security companies are trying forgoing firewalls and embedding security into information itself.
US-based Avocent Corporation, supplier of connectivity solutions for enterprise data centres, service providers and financial institutions, said on Monday it plans to expand operations in India and is mulling a software development unit.
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Dell, which once led the world in computer sales and was held up as a model of production-chain innovation, is increasingly resorting to price cuts to soothe customers nervous about its future and to spearhead a late foray into the enterprise computing market.
India is of major strategic importance to SAP as it is a vibrant market with a sound technology development and services-support delivery. This visit is also to reaffirm their commitment to the Indian sub-continent, a company official said.
DocuShare makes it easy for corporates to share ad hoc information more efficiently and allows organisations to do away with the time, labour, and cost of maintaining paper files.
Rolta India Ltd on Friday announced the acquisition of Canada-based software and integration company Orion Technology Inc for an disclosed amount.
Fresher hiring is expected to more than double compared to last year.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
Lost your job? Why don't you start-up your own company instead of looking out for another job?
Cyber criminals are targeting enterprises and consumers based in tier-III cities. Internet bots (derived from the word web robots) are software applications that run automated tasks over the Internet. They are used for both commercial as well as malicious purposes.
Two aborted missions, three different ministers, multiple rule changes and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline which is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. "It won't be a very easy task there. Only advantage is they (new Air India owner) are paying the price which they think they can manage. "They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern.... This process has also saved huge amount of taxpayers money going forward," Pandey told PTI.
The Indian Institute of Management, Bangalore, invites applications for admission to its Post-graduate Programme in Software Enterprise Management.
Lenovo announced on Thursday the launch of its first innovation centre in India in partnership with global giants like Intel, Microsoft, IBM and Cisco, which would focus on the development of new PC solutions.
Rohit Gawli, who co-founded The Lokal Kitchen in the lockdown, shares some interesting career lessons.
'You can't take jobs to people, you have to take people to jobs.'
Infotech Enterprises, a geospatial, design engineering and software services and solutions company, has picked up 74 per cent stake in Hyderabad-based Geospatial Integrated Solution Private (Geospace Integra) for Rs 2.96 crore (Rs 29.6 million).
With over 1.7 million vacant cloud computing jobs, the future is bright for candidates with the right skills and experience, says Bhavesh Goswami, founder and CEO, CloudThat Technologies.
China is willing to encourage Chinese companies to invest in Indian industrial parks to produce personal computers, Internet equipments, cell phones and televisions.
The assignment was earlier given to global audit firm EY. But it has now been reassigned owing to 'certain conflict of interest', the Bengaluru-based company said.
The release of Vista came more than five years after the introduction of Windows XP. It contains numerous new and reworked features.
Targeting a combined revenue of $100 million, Applabs Technologies, eSolutions and VisualSoft Technologies on Friday announced that the three companies plan to merge together.
Did you know that India is among the top five countries in food processing?
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
Information Technology Small and Medium Enterprises of Orissa will approach the state government for the reimbursement of the basic salaries of technical personnel joining the sector for a period of 1-3 years.
Bangalore-based specialised software solution provider Manthan Systems has launched two new analytical products primarily targeting retailers and consumer packaged goods industry in North America and Europe.
Enterprise rights management software, which controls access to any information being floated within an organisation, is set to see widespread use
