SEARCHED FOR:IT INDUSTRY
Tamil Nadu seeks 10,000 seats under India BPO Promotion Scheme
In a letter to Union IT Minister Ravi Shankar Prasad, Palaniswami said the scheme has been successful in Tamil Nadu, resulting in providing 7,705 seats in Software Technology Parks of India (STPI), Chennai jurisdiction (including 7,605 seats in Tamil Nadu and 100 seats in the Union Territory of Puducherry) to the BPO industry in the region.
European firms, banks take outsourced jobs back home fearing data leaks amid Covid-19
Europe accounts for about 30% of India’s $150 billion o...
New Information Technology policy for 2020-25 policy gets green signal, to create 60 lakh jobs
The policy would ensure the state retains its ...
Government working to increase digital economy's contribution to 20% of GDP in 5 years
MYGov, National e-Governance Division and Digital India Corporation CEO Abhishek Singh said AI and emerging technologies have the potential to not just propel the economy but also create more jobs.
Techgentsia Software Technologies to launch Vconsol in September
The multilingual, superior-quality video-conferencing app, hailed as the first of its kind in India with better audio-video than Zoom or Google Meet, will aim at the B2B market with focus on telemedicine and education, Joy Sebastian, CEO of the company, said in a statement issued by Infopark.
China's 3 main telco operators have built over 400,000 5G base stations: Ministry
The figure marks an increase from the 130,000 5G base stations constructed in the year 2019. The ministry has said in the past it expects to have built over 600,000 5G base stations in total by the end of 2020.At the press briefing, MIIT Vice Minister Xin Guobin also said China will support infrastructure for battery swapping service for electric vehicles.
View: Why Facebook and other "platforms" must be made liable for their content
Social media “platforms”, which enable their users to publish their thoughts and emotions directly, have become the largest and most influential media companies on the planet. They now tightly oligopolise the digital advertising market that they have transformed through large-scale privacy invasion.
US tech firms file amicus curiae brief against ICE decision on international students
“The amici from the tech companies focused first on raw economic arguments. The 1 million international students are customers and potential employees of these companies. They argue that the changes will have a serious adverse economic impact on the US economy which impacts them as well.,” said Greg Siskind, immigration attorney at Visa Law.
Shelf-life of skills now only 2-3 years, says NASSCOM Chairman U B Pravin Rao
As corporates are reinventing themselves, individuals also need to reinvent themselves to stay relevant, said the Chief Operating Officer of Bengaluru-headquartered IT major, Infosys Ltd.
Mid-size IT companies invest in digital initiatives as clients take to virtual platforms
Most firms, including Mindtree, Zensar, Persistent Systems, LTI and Hexaware, have seen an improvement in their free-cash flows and margins in the quarter ended June, mainly on account of strict cost-cutting initiatives, industry experts said.
India Inc goes slow on increments; super-specialized profiles can expect over 15% growth
According to TeamLease Jobs & Salaries Primer Report 2020, the COVID-19 pandemic has not only impacted the employment landscape, it has disrupted the way India Inc rewards its talent.
Logistics, IT, media professionals wary about returning to work: Survey
Findings state that 46 per cent of professionals from Recreation & Travel, and 39 per cent of professionals from the Consumer Goods industry will return to work as soon as they are allowed to.
Most challenging time for IT industry till date: Mahalingam
'Maha', as the IT industry veteran S Mahalingam is fondly known, said Indian IT companies have "gone through" the Asian crisis, Y2K, and the 2008 global meltdown when many of the customers were affected.
Coronavirus impact on economy to be like 2008 financial crisis: Former Infosys CFO Balakrishnan
"It's (now) exactly like 2008 when everything got shut down over a period of time but again recovery then was in a V-shape because central banks and all got in and stabilised," Balakrishnan said. "Now, central banks are helpless; interest rates are almost zero in most parts of the world...I think the pain is going to be similar to what we saw in 2008 and we don't know how long this is going to last."
Blowout earnings spur biggest upgrades for Indian tech since 2013
Twelve-month forward earnings estimates for the 50-member S&P BSE Information Technology Index have climbed 4.6% in July, the most since October 2013, according to calculations by Bloomberg.