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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 e-commerce industry in India has received another blow. On Wednesday, India’s third biggest e-commerce firm Snapdeal announced that it will be laying off employees. Though the company refrained from giving out exact numbers of people to be given the…
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…
Amidst slowing sales of PCs across the world, HP entered the Indian PC gaming market with its OMEN series of products. The products will be available by 15th March, 2017 on HP world stores, e-commerce portals, and large format retail…
Read More Amidst Slow PC Sales, HP Launches OMEN Gaming Laptops And Desktops In India
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
In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently…
Read More Is Flipkart Clawing Back In The Game Against Amazon?
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
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
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?
Top-level exits continue at Snapdeal, India’s third largest e-commerce company, as Tony Navin, head of partnerships and strategic investments, decided to move on after a seven-year stint. Navin’s exit comes in quick succession of two other bigwigs -- Abhishek Kumar…
Read More Tony Navin Quits Snapdeal In A Series Of Top-Level Exits
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…
Rideshare, which allows two or more people going in the same direction to use one cab, might be a good concept, but when did a good concept come in the way of law? It has in the case of cab…
Read More Is it End Of Road For Ride-Sharing By Uber And Ola, Over Safety, Legality Debate?
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
IT major Infosys today defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the…
Read More Infosys Defends Pay Hike To Sikka, Says Decision in Company’s Interest
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Today a legislation impacting H1-B visa programme has been introduced in the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the bill more than doubled the minimum wage requirement of…
Read More H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
Apple iPhones will be made in Karnataka. The government of Karnataka on Thursday said that it welcomed a proposal from Apple Inc to begin initial manufacturing operations in the state, in a sign that the tech company is slowly moving forward…
Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs. The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said…
On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…
Read More New H-1B Visa Announcement: Skills Not Salary The Trump Card
India's information technology (IT) sector will face temporary setback to move workers from India to the US with the bill introduced in the US House of Representatives that mandates minimum wages of H1B visa holders at $130,000, double the current…
Read More Blow For Indian IT: New US Bill Proposes Doubling Wage Limit For H1B Visa
Over the last 12 months, we at Greyhound Research, the Technology Transformation arm of Greyhound Knowledge Group, carried out thousands of end-user enquiries on various aspects of Cloud Computing. These enquiries have ranged from questions on benchmarking cloud providers, enterprise…
Read More Cloud Failures Will Drive Enterprises To Hire Startup CTOs
Vodafone Plc, the British telecom company has confirmed “ongoing talks” of merger with Aditya Birla Group-owned telecom operator Idea Cellular, to cushion itself against a price war with Reliance Jio. “Together Idea and Vodafone will have more fire-power against Reliance…
Read More Vodafone-Idea Merger: India’s Largest Telecom Operator In The Making
