Bfsi
Bfsi News
Budget 2022: How corporate governance will take centre stage in 2022
The year 2022 will be marked by increased adoption of technology and digital transformation
India plans to fast track Chinese investments over fears of policy change hitting plans of companies, investors: Report
While the fast track mechanism would be open to all India’s neighbours with a land border, China would be the main beneficiary.
Yes Bank debt writedown to hit sector capital-raising; some investors plan to challenge central bank’s move: Analysts
Yes Bank had about Rs 8,800 crore ($1.2 billion) in AT1 capital as of March 2019, its annual report showed, under the Basel III framework.
IT and software continue to be top job creators in May; customer service moves down to fifth position: Report
The quality and testing sector has entered the top five for the first time since May 2018
India's IT and business services market to grow by over eight percent to reach $14.3 billion by 2020: IDC
Of the total market, IT services segment contributed about 76 percent in the second half of 2018, it said in a report
IT sector, startups likely to hire 5 lakh people in 2019; entry-level packages up 20% in 2018: Mohandas Pai
Entry level packages are now pegged at 4.5 lakh to Rs 5 lakh per annum, as companies are beginning to pay more to attract "higher quality".
Companies bullish about recruitment activity in July-December period with job creation slated to rise
More than half of the recruiters predicted that hiring would take place among domains like sales, marketing, IT and operation.
Azim Premji says early investments in disruptive technologies resulting in successful outcomes for Wipro
Azim Premji said since the start of 2017, most of the large global economies have been doing better than in the last few years, while developments in technology have been gathering extraordinary pace
Increasing automation, Infosys boardroom spat disrupted India's IT industry in 2017
The resilient Indian IT industry, which has been going through challenging times on multiple fronts, faced disruption in 2017 from increasing automation and the boardroom spat in software major Infosys spilling into the public domain
Intel says that nearly 70 percent of Indian firms will deploy AI before 2020
Intel currently powers 97 percent of data centre servers running AI workloads worldwide and has been investing in the development of the ecosystem in India.
Telangana government announces IT campus for people with disabilities; claims it will be world first such facility
The campus will create an immense advantage for the persons with disabilities but still deserve an opportunity to lead life with dignity and self-respect.
Bots set to change the rules of BFSI; will put substantial capabilities in the hands of consumers
Bots, powered by ample compute cycles and memory as well as the rapid advances in AI, will put substantial capabilities in the hand of the consumer.
GST: Over one lakh immediate new employment opportunities expected
GST is expected to create significant job opportunities as the businesses will need to hire professionals for dedicated GST management, upgrade and reconciliations.
Wipro launches nine solutions to integrate blockchain technologies across industry sectors
The solutions have been developed for the Banking Financial Services and Insurance, Manufacturing, Retail and Consumer Goods industries.
TCS Q4 results: Co's path is different from Infosys', but both have to tackle digital disruption
In Silicon Valley slang, TCS is now “pivoting” – a term used by startups to shift their business models. So is Infosys.
Post graduate courses in cyber security and data sciences to be offered by Manipal University
Manipal University has tied up with Deakin University of Australia to offer the courses and training programmes in the specialised subjects.
Watch: India's IT, telecom and BFSI sectors stare at 1 million jobs cuts over 12-18 months
Currently, IT, telecom and BFSI sectors together provide employment to around 60 million professionals
More Indian firms willing to invest time, money and skills on cloud services : Study
Nearly 80 per cent of businesses are willing to invest time, money and skills on cloud services and currently the adoption of the public cloud is high compared to that of private/hybrid cloud
Banks around the world are increasingly relying on AI to drive their business; here's why
Machine Learning, Deep Learning, NLP Platforms, Predictive APIs and Image and Speech Recognition are some core AI technologies used in BFSI today
Nasscom cuts IT export growth forecast to 8-10% in FY17 on weak spending, currency headwind
The lowering of full year growth guidance, from the earlier estimate of 10-12 percent, mirrors the muted outlook given by Indian IT majors such as Infosys and Wipro after the September quarter results