IT spending in India is projected to rise 6 per cent to $81.9 billion in 2021 compared to this year on the back of growth across segments like enterprise software and IT services, research firm Gartner said on Monday. IT spending in 2020 is expected to total $79.3 billion, down 8.4 per cent from 2019. "The COVID-19 pandemic stalled many digital transformation projects for Indian enterprises, mainly because of the market uncertainties and reduced cash flows," Gartner research vice president Arup Roy said.
From the middle of next week, shops, personal care, gyms and churches can reopen as part of a bolstered three-tiered system. As part of the restrictions, people will be expected to continue to work from home if they live in a Tier 1 region; in Tier 2, alcohol can only be served with a meal; and in Tier 3, all forms of hospitality except takeaways will have to close.
Employees asked to work from home... cancelled travel plans... curtailed meetings... Caution and precaution dominate Corporate India's response to Covid-19.
With 56,794 COVID-19 cases and 1,742 deaths so far, the Mumbai Metropolitan Region, which includes Mumbai city, Mumbai suburban, Thane, Palghar and part of Raigad district, is the worst affected by COVID-19 in the state.
One thing is clear, that anyone can be infected, Milind wrote. 'Even if you have had the vaccine,' he pointed out.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
'It has been a wonderful experience since she independently manages the show without much of interference,' says IT professional Baudhayan Lahiri.
Exercise daily. Reduce screen time. Stand often, sit less.
The government has created a comprehensive budget with sharp focus on sustaining economic activity and investment but more clarity is needed on areas like taxation framework for adopting remote working on a long-term basis, IT body Nasscom said on Monday. The industry association noted that the IT/ITeS (Information Technology-enabled Services) industry has been a key driver of growth and jobs in 2020 and there is an opportunity to significantly accelerate it further. "For the IT sector, one of the biggest needs ahead of us is the development of future business models, with hybrid working becoming a reality. "We look forward for the government to provide clarity on providing a framework in direct taxes and indirect taxes for the industry to adopt WFH/remote working on a long-term basis," Nasscom said in a statement.
HR Guru Mayank Rautela offers practical advice.
Master tailors, textile manufacturers and custom clothiers, however, say the upcoming festive season, reinvention in the form of new collections and digital outreach are salvaging the situation somewhat.
India came out top with over 41 per cent of workers citing the lack of separation between work and personal life as negatively impacting their wellbeing, resulting in increased stress levels.
Mumbai Dabbawala Association is skeptic about resumption of services in full capacity amid the COVID-19 pandemic.
Till now, only 33 per cent of such employees were asked to attend office due to the novel coronavirus-triggered lockdown. Minister of State for Personnel Jitendra Singh said the move will help towards normal functioning of central government offices.
The hit to economic activity will be mostly confined to the first quarter. And a third wave, if it materialises, is unlikely to be hugely disruptive for the economy, predicts T T Ram Mohan.
It is important to find a room with optimal lighting, preferably near a window or a blank wall where YOU are the only point of focus.
India's swashbuckling opener Rohit Sharma took a dig at the ICC on Sunday after his name did not feature in a poll, initiated by the apex body, on who has got the best pull shot in international cricket.
Khan's spokesman Dr Shehbaz Gill said that the prime minister has just a slight fever and cough.
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.
'We are going to be overwhelmed by the need for hospital beds. There are simply not enough beds in government hospitals.' 'We will need a large number of medical professionals and without the private sector's involvement, the government won't be able to expand capacity.'
Mahatransco (Maharashtra State Electricity Transmission Company Limited - MSETCL) Chairman and Managing Director Dinesh Waghmare said Tata Power's plants took time to start generating electricity following the grid collapse on Monday morning, resulting in the specially created 'islanding' system not working.
Madhu shares the key lessons she learned from her first internship at Micron's Global Development Center in Hyderabad.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
Thackeray held a meeting on the issue and instructed authorities concerned to ensure there is no recurrence of the episode, an official statement said.
Do not ignore tendencies of procrastination, lethargy and fatigue impacting productivity. Watch out. Be open to talk. Seek help, says Dr Samir Parikh.
Candidates need to be agile to understand the situation, be receptive to unlearn and learn and adapt accordingly, advises Sanjeev Verma, vice president-HR, STT GDC India.
'Everyone is confused, lost, worried and unsure about the future.' 'Regular communication from the owners or leaders will keep anxiety at bay for employees.'
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
The weekend lockdown will start from 8 pm on Fridays and last till 7 am on Mondays. Besides, prohibitory orders will be in force during daytime on weekdays, the Chief Minister's Office (CMO) said in a statement.
'Virtual is the new Ritual and my mind often wonders: Did it have to take a microscopic inert organism to bring families closer?'
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
Internshala is inviting applications from students, freshers across the country.
A single format and simpler, uniform rules would have kept the service going. In other parts of the world including in the US, managing demand and capacities along with ensuring preventive measures were an issue, but there was hardly any administrative hurdle anywhere.
However, if there is a larger outbreak, the entire building will have to be closed for 48 hours. All staff will work from home till the building is adequately disinfected and is declared fit for re-occupation, it said in the guidelines on preventive measures to contain the spread of COVID-19 in workplace settings.
>More young women and men want solid relationships as opposed to casual sex, reveals Able Joseph, founder of the dating app Aisle.
The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.
'If Yogiji has to run this government without any problems, he has to remain in power, and if he has to keep the BJP bosses in Delhi and the RSS happy, then he has no option but to do it.'
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
The ability to make smarter data-driven decisions will be a critical skill that every employer will be looking at in every prospective employee.
Our true nature is tranquillity; that is how we are; we need to shed away what we are not and whatever is causing stress, advises spiritual coach Modmonk Anshul.
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