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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…
For every such startup that has managed to cross over to the success corner, there have been many that have fallen by the wayside and some of these, after hitting a high note of success and popularity and instant recall…
Shutdowns. Funding crunch. Falling valuations. Firings. By pretty much any metric, India’s consumer internet companies have been going through a rough patch. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, feels Silicon Valley is a way more mature ecosystem. “Indian…
Read More Why Our Startups Stutter Even As Indians-Led Enterprise Firms Scorch Silicon Valley
Software-as-a-service companies are yet to meet their promise of profitability in India. The pricing and customer profile, which is the long tail of SMBs globally, are yet to bear fruit. All these businesses have registered offices and business in the…
Read More Cloudy And Clueless: Why SaaS Startups Are Yet To Impress In India?
Seattle-based e-tailing giant Amazon.com, Inc has sought government approval to enter India’s food-retailing sector with investments totalling $515 million (Rs 3,368 crore) over the next five years. The company, which is already the number 2 player in India’s fast-growing e-commerce…
Read More Will Amazon’s Food Retail Foray End BigBasket’s Reign At The Top?
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.
A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…
Google and Reliance Jio may be secretly working on an affordable smartphone that will work exclusively on the latter’s 4G network. The phone is expected to be launched before the end of this year, according to industry sources aware of…
Read More Google, Reliance Jio Developing Affordable 4G Smartphone
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…
Real estate companies are starting to seek the help of technology start-ups in a bid to save costs as they face meek to zero interest in projects due to demonetisation. “At this juncture, as well as in the foreseeable future,…
Read More Real-Estate Firms Open The Door To Technology Start-Ups
Till a few years ago, profitability received the step-child treatment from Indian e-commerce entrepreneurs. “While startups did extremely well by using their public relations muscle to ensure that GMV becomes the industry’s darling, it’s no more than a cover up…
Fights, ousters and exits are likely to occur when the management of a company takes over from its founders. This is because founders and managements don’t often think alike. In most cases, the board is run by investors who pump…
Read More How Entrepreneurial Dreams Are Lost When Investors Take Over Startup
India’s bustling startup ecosystem is in a state of hysteria as e-commerce major Snapdeal implodes. “I believe other startups will follow suit and by March more layoffs will be announced in other firms. There isn’t any choice. Companies will have…
If Snapdeal follows the rule of the game, the company would deny any kind of merger talks with rival Paytm, or with investor Alibaba, unless a deal is concluded, at least verbally. “It will offer a new lease of life…
Read More Are Job Cuts At Snapdeal A Precursor To Its Merger With Alibaba And Paytm?
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…
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
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…
