H-1B visa suspension will not have much impact on Indian technology companies: Analysts
Analysts foresee a case for more offshoring of work in the sector in the coming months, given the impact of Covid.
View: India needs to balance issues of national interest with 'free market' dynamics
These 59 apps include popular ones like TikTok, WeChat, ...
Indian IT firms cut spends on external learning, focus on internal courses
“Indian companies (technology firms) have scaled down in learning ...
All apps must adhere to India's data integrity, privacy: Niti Aayog CEO
The 59 apps, most of which have Chinese links, were banned by the government citing that they were prejudicial to sovereignty, integrity and security of the country.
Genpact says volumes shot up during Covid-19 crisis
The company said all business verticals -- banking and capital markets, insurance, life sciences and healthcare, consumer and retail, and Hi-Tech -- contributed significantly to growth during the first quarter. “Through the 90-day period, we have picked up volume from others. We have picked volume from the ecosystem,” Tiger Tyagarajan, President and CEO of Genpact, told ET in an interview.
Mindtree says uncertainties in this financial year
“We anticipate softening of demand in FY21, as organizations address their concerns over business continuity, availability and survival. Investments that drive growth and expansion will be few and far between,” said Debashis Chatterjee, CEO and managing director, Mindtree, in the company's annual report.
Cyberattack on Cognizant hit corporate credit cards’ info
These cards were issued to its employees. Cognizant has roped in the FBI to investigate who carried out the attack.
Our focus on India as a core market will continue to grow: Sandip Patel, MD IBM India & South Asia
Because of IBM’s presence in systems software, security and infrastructure, every single inter-bank transaction in India works on IBM infrastructure.
Indian IT may take a big hit as US retail struggles to stay open
IT services companies may see business from US retailers fall sharply, as some non-essential and luxury brands shut stores and furlough employees, analysts said.
Slowdown in America’s retail sector to hit Indian IT firms
Infosys, Cognizant, Tata Consultancy Services and Wipro service the retail sector in the US and analysts said their clients would eventually cut overall IT services budgets.
Infosys partners NICE Actimize for end-to-end financial crime solutions
Leveraging their respective experiences across financial crime management, the two entities will provide their regulatory and compliance solutions and services to support multiple industry sectors, it added.
TCS iON launches remote internships product to connect students with industry mentors
"TCS iON Remote Internships helps companies post internship opportunities online. Students can browse through the listed internships, see what project themes are trending, and apply for the relevant ones. Credits will be awarded depending on the kind of projects chosen," a statement said.
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."
TCS continues strategy to consolidate workspaces despite work-from-home plans
The software services exporter is planning to set up an over 4 million sq ft IT park spread over a 50-acre plot in Noida and is in the process of constructing its own 1 million sq ft park in Pune’s Hinjewadi. It has
Genpact opens up part of its learning programme to help professionals succeed in digital age
Amidst constant disruption, professionals need to constantly improve their skills to distinguish themselves and provide maximum value in a hyper-competitive job market. By opening to the public parts of its continuous learning platform, Genome, the firm aims to help participants learn and master a wide variety of essential skills relevant to many key roles at the heart of digital transformation.
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