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Micro-blogging site Twitter on Thursday released Twitter Lite -- a much lighter version of its platform on a web based service in India first. After the turbulence of 2016, Twitter is expecting a smoother year ahead, with the micro-blogging firm…
Read More Twitter Southeast Asia And India MD Brushes Turmoil, Launches Twitter Lite In India First
With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism…
In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme. “H-1B abuse is very high and it is important to check the abuse. All IT services players will adjust to…
On March 2, 2017 Symantec announced the launch of Symantec Ventures - its latest effort to help startups by contributing capital, reducing expenses and accelerating time to market. Per the company, Symantec Ventures is the next step post its partnership with…
Read More Symantec Ventures – Why It Matters To The Future Of Cyber Security Innovation
Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…
Read More Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
NYSE-listed Business Process Management (BPM) company WNS was always on the lookout for niche and tuck-in acquisitions to augment its capabilities, and the latest in the series is not much different. The focus of the two recent acquisitions was to…
अपने लॉन्च के बाद से अब तक Reliance Jio ने 100 मिलियन से अधिक उपयोगकर्ताओं के साथ भारत के सबसे बड़े 4G टेलीकॉम नेटवर्क में से एक बनने का शानदार सफ़र तय किया है | लेकिन इसके बावजूद कंपनी अब…
Den indiske milliardæren Mukesh Ambani satser på å lykkes hvor Telenor, Vodafon og andre har tapt enorme beløp. Han har brukt over 200 milliarder kroner for å ta markedsandeler og knuse konkurrentene – også sin egen bror. – En slik…
Read More En halv million nye mobilkunder – hver dag. Alle ringer gratis.
Google is betting big on its dominance in machine learning and artificial intelligence to break into the cloud market. "The announcements made by Google consolidate their vision in the Cloud space, which helps communicate their seriousness. The SAP partnership will…
Read More Google Bets Big On AI, Machine Learning To Crack The Cloud
Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of…
US' decision to temporarily suspend the expedited premium processing of H-1B visas will lead to process delays for IT firms too. Greyhound Research Chief Analyst and CEO Sanchit Vir Gogia said that while the change by the Trump Administration has…
Read More Suspension On Expedited H-1B Visa To Affect IT Cos
US President Donald Trump’s proposal for immigration reforms to encourage merit-based migration might help export-focused software and information technology (IT) sector. “This goes to show Trump’s administration has realised how deep-rooted the matter is. It should not only look at…
Read More IT Firms Breathe Easy As Donald Trump Proposes Merit-Based Immigration
Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. Airtel could not gather the critical user base while…
Read More Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets
The Indian software services companies will breathe a sigh of relief as the Indian ministries, authorities and industry lobby had a dialogue with a visiting eight-member US delegation headed by Congressman Bob GoodLatte, on the ongoing concerns of H1-B visa…
Indians are way behind the USA, when it comes to severance package doled out to the CXOs. Compared to 3-5% Indians getting the severance pay as a safeguard clause in their contracts, it’s almost 60-70% in the USA. The scenario…
Read More Indian CEOs Are Far Behind The US Ones In Severance Pay Packages
Departing Infosys CFO Rajiv Bansal's hefty severance package was one of the central issues in the row that broke out between the company's founders and its board, but East is far behind the West in offering so-called golden parachutes to CXOs.…
Read More Golden Parachutes Start To Land In Indian Tech CXO Contracts
A starting salary of Rs 1.25 crore per annum to a Delhi student matches the average pay package of American software engineers but is still 40-50% more that what Indian techies working in the US earn. “An average American software-engineer…
Read More Rs 1.25-Cr Uber Package: Delhi Student’s Offer Matches Silicon Valley Salaries
Sasken Communication Technologies Ltd has changed its name for the second time since its inception in 1989 to Sasken Technologies Ltd effective February 14 to reflect its broad portfolio of services. “While the intent behind the name change is welcome,…
Read More Sasken Communication Changes Name To Reflect Its Broad Range Of Services
Despite the impending dark overtones cast on India’s IT sector, the reality on the ground is far from anything bleak. Irrespective of the announcements from US president Donald Trump, Brexit concerns and the slowing global economy, the IT sector seems…
Read More Donald Trump’s H-1B Visa Restrictions Will Not Be A Deterrent For IT Sector; Here’s Why
India’s largest software exporter TCS said it will consider a share buyback at a board meeting next week. “This potential buyback will give TCS shareholders a shot in the arm. It will help investor sentiments. This move will create pressure…
If Google Inc. and Facebook Inc. dominate the online space with their machine learning, deep learning and suite of artificial intelligence (AI) technologies, International Business Machines Corp. (IBM) wants to go a step further and capture both the online and…
Read More IBM Chief Ginni Rometty Is Betting On A Cognitive World
देशके सबसे बड़े उद्योग घराने टाटा समूह के बाद अब देश की दूसरी सबसे बड़ी आईटी कंपनी इन्फोसिस में प्रमोटर और बोर्ड के बीच मतभेद सामने रहे हैं। प्रमोटरों ने एमडी और सीईओ विशाल सिक्का के सैलरी पैकेज के साथ…
Read More प्रमोटरों के सवाल पर इन्फोसिस की सफाई, सिक्का का पैकेज बढ़ाना कंपनी हित में
Run by a kshatriya, a warrior – Vishal Sikka calls himself one – Infosys’ stocks continue to perform well despite allegation of “low corporate governance” by former chairman and co-founder NR Narayana Murthy. “There will always be differences in how…
Read More A ‘Kshatriya’-Run Infosys Continues To Ring The Bell Despite Murthy’s Attack
The hullabaloo over former Infosys Chief Financial Officer Rajiv Bansal’s severance payout could just be the trigger for a larger war inside the IT bellwether. But the battle lines have yet to be clearly drawn. The question everyone seems to…
Read More Startup World Is No stranger To Boardroom Bickerings Playing Out In Infosys
It takes more than just a boardroom coup to oust a company’s chairman or chief executive, though Ratan Tata is different. It took him just one board meeting to remove Cyrus Mistry, then the chairman of Tata Sons, whose family’s…
Read More Infosys: A Tata-Mistry In Making, But Vishal Sikka Is No Cyrus Mistry
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. The founders have lashed out at Vishal Sikka, CEO and the board via a letter that highlights possible corporate…
Read More Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?
Donald Trump's efforts to limit the number of temporary workers in the US will dent India's software industry. Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, emphasised that the need to have people on-site is more than just…
Read More H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. Founders have lashed out at Vishal Sikka and the board via a letter that highlights possible corporate governance issues under…
The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporates that are restructuring and reinventing themselves to come to…
India's famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US…
Read More Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
