Information Technology

Showing of 1 - 20 from 178 results
Information Technology - Total results - 178
Infosys announces salary hikes, promotions from Jan 2021; special incentive pay for junior employees
Business

Infosys announces salary hikes, promotions from Jan 2021; special incentive pay for junior employees

The Bengaluru-based company had 2,40,208 employees at the end of September 2020 quarter. COO Pravin Rao said the quantum of hikes would be identical to previous years

HCL Technologies to acquire Australia’s DWS Ltd for Rs 850 crore; shares up by 4.01% on BSE
Business

HCL Technologies to acquire Australia’s DWS Ltd for Rs 850 crore; shares up by 4.01% on BSE

DWS, with FY20 revenue at AUS $167.9 million, has over 700 employees and offices in Melbourne, Sydney, Adelaide, Brisbane, and Canberra

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts
World

H-1B visa suspension: Remote working during COVID-19 lockdown insulates India's IT sector; Indian talent will be in demand, say experts

Analysts and sector specialists said that the latest move by the Trump government is not expected to have much impact on the Indian tech sector which has a significant presence in the US.

H-1B visa holders do not adversely affect US workers; presence of foreign workforce boost employment: Report
Business

H-1B visa holders do not adversely affect US workers; presence of foreign workforce boost employment: Report

The H-1B visa-holders, a majority of them Indian IT professionals, do not adversely affect Americans, according to new research, which also suggests that the presence of foreign workforce having such visas boost employment among other workers in an occupation

Coronavirus Impact: IT services companies to suspend hiring this year, says industry veteran Mohandas Pai
Business

Coronavirus Impact: IT services companies to suspend hiring this year, says industry veteran Mohandas Pai

India's information technology services industry would see hiring freeze this year and senior-level staff taking a 20-25 percent salary cut due to the adverse impact of the COVID-19 pandemic, says IT industry veteran T V Mohandas Pai

Budget 2020: Earnings, global cues, pre-Budget expectations to drive markets this week, say analysts
Business

Budget 2020: Earnings, global cues, pre-Budget expectations to drive markets this week, say analysts

Earnings from major companies such as HDFC, US Fed's interest rate decision and hopes of positive measures from the Budget would drive sentiment in the equity markets this week

Amazon plans to generate one million jobs in India by 2025 via investments in technology, infrastructure
Business

Amazon plans to generate one million jobs in India by 2025 via investments in technology, infrastructure

Amazon.com Inc chief Jeff Bezos had on Wednesday announced $1 billion investment in India to help bring small and medium businesses online and committed to exporting $10 billion worth of India-made goods by 2025.

Govt bans foreign firms from conducting IT security audits of critical sectors for fear of sensitive data being leaked
India

Govt bans foreign firms from conducting IT security audits of critical sectors for fear of sensitive data being leaked

In the wake of the cyber attack on Kudankulam Nuclear Power Plant, the government has directed the ministries and departments handling India's critical infrastructure to avoid hiring foreign firms to conduct IT security audits of its systems and networks

IT companies may shed 30,000-40,000 mid-level staff this year as growth slows down: Mohandas Pai
Business

IT companies may shed 30,000-40,000 mid-level staff this year as growth slows down: Mohandas Pai

India's information technology services companies may shed 30,000 to 40,000 middle-level employees this year as growth slows down, IT industry veteran T V Mohandas Pai said on Monday

TCS vs Infosys: While Tata's flagship firm's earnings disappoint Street, Infosys marginally ahead of estimates; Q2 analysis in 6 charts
Business

TCS vs Infosys: While Tata's flagship firm's earnings disappoint Street, Infosys marginally ahead of estimates; Q2 analysis in 6 charts

On the rupee revenue front, both TCS and Infosys had reported record numbers at least in 22 quarters

Tech Mahindra Q1 net profit rises 6.8% to Rs 959 cr; total income up 7.2% to Rs 8,994 cr
Business

Tech Mahindra Q1 net profit rises 6.8% to Rs 959 cr; total income up 7.2% to Rs 8,994 cr

IT company Tech Mahindra posted a 6.8 percent increase in net profit to Rs 959.3 crore for the first quarter of 2019-20 compared to Rs 897.9 crore in the same quarter of last year

Indian IT industry important stakeholder in strengthening India-US ties: Indian envoy Harsh Vardhan Shringla
Business

Indian IT industry important stakeholder in strengthening India-US ties: Indian envoy Harsh Vardhan Shringla

The Indian IT industry is an important stakeholder in promoting business relations between India and the US as it contributes to the competitiveness of global operations of American companies and creates thousands of jobs in the US, Indian envoy Harsh Vardhan Shringla has said

TCS vs Infosys: While Tata's gem dazzled in net profit, Bengaluru firm did well on revenue front; Q1 analysis in 6 charts
Business

TCS vs Infosys: While Tata's gem dazzled in net profit, Bengaluru firm did well on revenue front; Q1 analysis in 6 charts

In the June quarter, on net profit front both IT majors have beat analysts' estimates while on the operating profit margin front, there were some disappointmentsv

IIT Madras releases software development kit for India's first processor called ‘Shakti’
News & Analysis

IIT Madras releases software development kit for India's first processor called ‘Shakti’

IIT Madras' RISE group has been responsible for the development Shakti processor.

BJP manifesto 2019 goes gung-ho on IT, promises optical fibre network for every gram panchayat, higher incentives on digital transactions
Politics

BJP manifesto 2019 goes gung-ho on IT, promises optical fibre network for every gram panchayat, higher incentives on digital transactions

The BJP manifesto for the Lok Sabha election includes a number of proposals for information technology and e-governance.

IT services sector estimated to clock flat growth of up to 9% in fiscal year 2019-20: Nasscom
Business

IT services sector estimated to clock flat growth of up to 9% in fiscal year 2019-20: Nasscom

The grouping has discontinued a 25-year-old practice of coming out with growth estimates citing the changes in the landscape which makes the job harder

Saudi Arabia sees an investment opportunity of $100 billion in India in various sectors: Crown Prince Mohammed bin Salman
Business

Saudi Arabia sees an investment opportunity of $100 billion in India in various sectors: Crown Prince Mohammed bin Salman

The Saudi Arabia crown prince arrived in Delhi on a less than 30-hour visit Tuesday night, a day after concluding his high-profile tour of Pakistan.

Nasscom ends annual growth forecast, says industry faces major risks from increasing protectionism, lack of talent
Business

Nasscom ends annual growth forecast, says industry faces major risks from increasing protectionism, lack of talent

The apex software industry lobby Nasscom on Wednesday ended the practice of forecasting annual growth and said it was cautiously optimistic about 2019, citing rising global economic uncertainties arising out of trade wars and protectionism

Tech Mahindra's December-quarter net profit jumps 27.5% to Rs 1,203 cr; revenue rises 15%
Business

Tech Mahindra's December-quarter net profit jumps 27.5% to Rs 1,203 cr; revenue rises 15%

IT company Tech Mahindra on Tuesday posted a 27.5 percent increase in consolidated profit after tax (PAT) to Rs 1,203 crore in the December 2018 quarter

Bengaluru tops list of world's most dynamic cities; Hyderabad ranked second with Delhi at fourth: Survey
Business

Bengaluru tops list of world's most dynamic cities; Hyderabad ranked second with Delhi at fourth: Survey

In the 2018 edition of the City Momentum Edition, Hyderabad topped the rankings followed by Bengaluru (2nd), Pune (4th), Kolkata (5th) and Delhi (8th)