Moving over 520,000 employees to a digital work model is no mean feat. Having done so, Tata Consultancy Services (TCS) is taking these learnings to help clients digitise their work models. Swiss Re is one such client. For the global information technology services firm with a headcount of 528,748 as of end-September, the shift to a single human resource (HR) platform started a few months before the pandemic started, when TCS moved its HR solutions to Microsoft's platform. Siva Ganesan, global head, Microsoft business unit, TCS, still remembers the early days when TCS embarked upon a move from an existing software platform to a digital medium for communications on a Microsoft Office platform.
Oil and Natural Gas Corporation leads 30 Indian companies which have found place on Forbes magazine's coveted list of top 2000 corporate titans across the world.
Higher price tag and soaring fuel costs have swayed buyers away from the ultra compact car over the months.
Reliance Industries on Friday announced the sale of 2.32 per cent stake in its digital unit to US-based Vista Equity Partners for Rs 11,367 crore, the third deal in a little over two weeks that will inject a combined Rs 60,596.37 crore in the oil-to-telecom conglomerate to help it pare debt. The US-based private equity firm will buy a stake in Jio Platforms, which houses the country's youngest but biggest telecom firm Jio, at an equity value of Rs 4.91 crore and an enterprise value of Rs 5.16 crore.
Due to the group's presence across multiple businesses, it is in a unique position in the aviation industry to bring the best of talents.
Political disturbance over the demand for a separate Telangana state is forcing information technology companies to shift. The process to shortlist office space in neighbouring states, like Tamil Nadu, is underway.
Oracle has announced the availability of a hosted Enterprise Resource Planning solution for small and medium enterptises in India through its certified partner, Zensar.
Indian companies have raised $1 billion so far this year - almost four times what they raised last year.
In 2017, absorption in co-working/serviced offices was 2.83 million sq ft, about 186 per cent higher than that of 1.52 million sq ft in 2016.
Reliance Industries lost its position of the country's most valued company to Tata group firm TCS this afternoon, as the shares of billionaire Mukesh Ambani-led corporate giant fell sharply in a weak market.
Shares of Indian software majors have plunged into red on news that BP would cut its spend on information technology.
'Why is the government asking parents to be careful rather than coming up with strict rules and regulations for the companies?'
Huawei willing to place its software code with government.
President A P J Abdul Kalam underscored the need to attain self-reliance in the infrastructural software sector with knowledge products, where the domain applications can be developed and deployed for services sector.
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
The 5 software companies are Cognizant Technologies, Megasoft, Benchmark Softtech, Proton Web and Advance Software.\n\n
According to analysts, IT firms like Infosys, TCS and HCL Technologies are likely to benefit the most on account of larger US exposures and dollar billing.
At a time when software companies were reporting disappointing results on account of this, an unperturbed Chatterjee said Tata Steel would reap significant benefits from the new exchange rate, which would be disclosed with its results.
Genpact has been ranked India's best third party ITES-BPO company, followed by WNS Global Services at the second spot and Transworks Information Services taking the third slot.
The Wire has reported that phone numbers of multiple people close to Dubai Princess Sheikha Latifa, who was captured by Indian soldiers in 2018, were added to a list of potential targets for surveillance.
The young woman's death has led to an outrage on illegal hoardings being put by political parties despite them causing inconvenience and posing a threat to people's safety.
Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place, according to new research released in London on Thursday.
Indian companies must avoid the 'classic trap' of market expectations and the consequences of earnings guidance are often 'not very healthy,' S Ramadorai, TCS boss said.
The media report claiming India bought Pegasus spyware as part of a $2 billion defence deal with Israel in 2017 has triggered a major controversy with the Opposition alleging that the government indulged in illegal snooping that amounted to 'treason'.
More companies with unconventional business models to get into messy legal hassles in India.
Forty per cent businesses have realised productivity benefits through the usage of information technology while more Indian companies are steadily increasing the use of IT for Return on Investment.
Some of the second-generation IITs have seen more job offers from the start of the first phase of final placements to date than compared to the previous year.
It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.
Mascon Global has been named the fastest growing tech company in Chicago area over the last five years in the 'Fast 50' competition organised by Deolitte and Touche.
Global IT firms seeing dearth of talent in countries such as US, looking for people with such skills from countries like India
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
The appraisals being done by most companies this year are harsher than past ones with higher threshold in many metrics. Reduction in headcount has been done across most tier-I and tier-II IT firms along with global technology firms in the country.
Engineering graduates specialising in artificial intelligence and machine learning can earn up to 24 lakh a year, says Saran Balasundaram, founder and CEO, HanDigital, a talent consulting firm.
The start-up mentors debated if they could drive the price further down, but feared an even lower price would raise doubts about its quality, as was the case with the Tata Nano, reports Amrita Singh.
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