Sterlite Technologies to focus on ‘Make in India’ solutions
The company, which reported a 50% slump in net profit for the quarter ended March on account of the Covid-19 pandemic, said it expects demand to recover in the medium term. “There is a shift to digitisation, which will be irreversible and will continue. Telecom operators world over want to strengthen their network,” said CEO of Sterlite Technologies.
L&T Technology Services says recovery will take time
“This (slowdown) will continue in Q1 and some segments will start picking up in the seco...
Devourin's Contactless Technology May Be the New Normal for Hotels and Restaurants Post Lockdown
As the hospitality industry prepares to welc...
Indian IT eyes captives as global companies rejig operations
Global companies look to outsource work to large services firms to offset demand slowdown.
HCL extends partnership with Broadcom; part of the team to transition to HCL
The partnership, which was signed in 2018 will now include Symantec Enterprise Division (SED) consulting services, which was part of Broadcom’s enterprise security solutions. As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.
Organisations now need to space out how employees join shifts: Sumeet Doshi, Kronos
In an interview with ET’s Brinda Sarkar, Sumeet Doshi, country manager - India, Kronos, says organisations need to space out how employees join shifts and workforce management solutions can play a critical role in helping organisations plan these staged arrivals.
Sterlite Technologies says its global manufacturing capacity may reach pre-COVID levels by May-end
The company, which designs and deploys high-capacity converged fibre and wireless networks, said export shipments from India have commenced to Europe, Middle East and Latin America.
Businesses must focus on security which is intelligent, automated and built into everything: Alok Ohrie, Dell
In a matter of hours millions of employees across India Inc shifted work from offices to homes. So far, this has worked out well with positive outcomes like increased productivity.
Amway signs up with TCS for technology infrastructure transformation
“We see transforming our IT operations as key to accelerating growth and enhancing our end user experience. TCS impressed us with its domain knowledge of the retail and consumer goods industry, its partnership approach and flexible engagement model,” said Tom Meyer, Vice President, Global Infrastructure & Operations, Amway.
Aiman Ezzat appointed new Capgemini CEO
Ezzat, earlier the Chief Operating Officer, was appointed as CEO of the Capgemini Group on Wednesday at the close of the Annual General Meeting of Shareholders.
Indian IT sees big wins as clients consolidate tech
While large outsourcers like Infosys and TCS are confident that clients will consolidate their technology engagements under one roof to streamline costs, midcap firms such as Hexaware and NIIT Tech say they will win bigger deals amid consolidation opportunities, despite the widespread impact on several key verticals such as travel and hospitality.
HCL Tech to not cut salaries or jobs; honour existing offers
HCL Technologies said that it would honour the nearly 15,000 job offers already made to freshers.
TCS well-positioned to weather this storm, take advantage of opportunities in downturn: N Chandrasekaran
In a letter addressing shareholders in the company's annual report, TCS Chairman N Chandrasekaran said technology will play an "ever-larger role" in helping businesses adapt to the new normal and differentiate themselves in the post-COVID world.
Zensar deal pipeline improving after Covid-19 impact
The company had a deal pipeline of about $1 billion in January, which dropped to about $600 million by end-March due to the slowdown induced by the virus outbreak. Now, the pipeline is back to around $1 billion, with 70% of that coming from digital deals, CEO Sandeep Kishore said after announcing its annual results.
Indian IT firms to benefit from large US banks bet on technology spend in 2020
JP Morgan’s annual report for 2019, released on April 6, disclosed that it would increase its technology spend by 4% over last year despite the pandemic.
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