A strong performance by sectors including banking raised the profits of Indian companies by 28 per cent in the three months ended March 2022. The rate of growth is, however, lower than the 30 per cent seen in December. Growth in net sales was also lower than what was seen in the December quarter for the sample under consideration.
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.
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.
More companies with unconventional business models to get into messy legal hassles in India.
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.
While 7,500 of the 7,880 candidates allegedly tampered with the results in the exchange for money to show themselves "eligible" in the results of the final exam, 293 candidates secured forged/fake certificates projecting themselves as eligible candidates after the final results.
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.
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.
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.
India's Mastek group, an IT services provider, said on Friday its US arm Majesco Software has formed a joint venture with Carreker Corp to offer business processing and IT services from offshore locations like India.\n\n\n\n
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
'Why is the government asking parents to be careful rather than coming up with strict rules and regulations for the companies?'
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
Global IT firms seeing dearth of talent in countries such as US, looking for people with such skills from countries like India
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.
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.
Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
It's not just India's largest company, Reliance Industries that's under scrutiny for insider trading in Reliance Petroleum Ltd in 2007. Anand Jain's investment company, Vinamra Universal Traders Private Ltd, and MoTech Software, then led by Annu Tandon, now a Congress politician and MP, are among a dozen entities facing regulatory action.
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.
The US celebrates its independence day on July 4. But since it was Sunday, the American government had declared Monday as a holiday.
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.
.jpg)
HC restrains Nokia from selling, transferring ownership rights in 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.
The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.
FCG Software Services (India) Pvt Ltd would set up a development centre over 20,000 sq ft area in Bangalore for the Nasdaq-listed Witness Systems.
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.
Microsoft founder Bill Gates with an estimated fortune of $78 billion heads the list
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 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'.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
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.
IT services major Cognizant Technology Solutions Corporation is strengthening its capabilities in the life sciences segment by acquiring New Jersey-based marketRx, provider of analytics and software services to global life sciences companies, for $135 million.
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
All the 50 company CEOs, including the 17 companies headed by Indian Americans, were honored at a gala awards ceremony last month.
