Several articles have been written predicting the end of the Indian IT sector but changes in the space are nothing new, Rakesh, also Mphasis CEO, said.
MINE- a Microsoft Intel network for Eyecare is a global consortium of eyecare providers and academic institutions that will apply artificial intelligence to help in eyecare delivery.
The company said the deal price included earn-out and employee retention amounts. The company was founded in 2012 and has business operations in London, Norwich and Dubai.
In the second-quarter, it reported revenue of $3.67 billion, up 3.5% from the first quarter.
The Bengaluru-headquartered company said it would integrate Tricentis’ continuous testing platform, with Wipro AssureNXT platform.
The labs – in Bangalore and Chennai – are the company’s first in India. PayPal has labs in the US and Singapore.
Google announced a new initiative called `Made for India' through which it has sought applications from Indian developers to showcase apps optimised for the Indian market.
This year, the American government received over 3,36,000 petitions for H-1B visas, both extensions and new applications, and had approved about 1,97,129 at the end of June.
Wipro has been boosting its headcount in the US. During the first six months of 2017, it hired over 1,600 employees. Over half of its 14,000 in the U.S. workers are locals.
Report says India will have more than 850 m online users by 2025
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