Accenture’s laboratory in India works on artificial intelligence solutions and Daugherty said the country has an opportunity in AI.
The drop in US headcount comes even as the Teaneck, New Jersey-headquartered company has said it is looking hire 25,000 US workers in the next five years.
We are trying to change the perception of who we as Nasscom represent,” Rishad Premji said.
Genpact announced a follow-on public offering by its largest shareholders on February 12.
The company is already working on some blockchain pilots in India and is working with startups such as Agrostar.
Indian IT cos were budgeting for a year of slowdown fearing a disorderly Brexit and a potential US recession.
My focus is on the smooth transition of leadership to ensure the transition is smooth and successful: Francisco D’Souza, Cognizant CEO
The board really embarked on the search with a view to the long-term future, says D’Souza.
Goldman Sachs Services saw total revenue rise 20% to Rs 2,963 crore. Wells Fargo EGS India reported a nearly 28% increase in revenue from operations to Rs 2,744 crore.
IT firms are going back to college campuses to hire tens of thousands of freshers.
An April 2018 study by the National Foundation for American Policy, a US think tank, said Amazon, Microsoft, Intel and Google were among the top 10 employers who got H-1B visa for employees in 2017.
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