Avik Das
Avik Das
Page 9 - Avik Das
Not in a hurry to get GenAI agent to India: Walmart's Vinod Bidarkoppa
Walmart Global Tech in India has centres in Bengaluru, Chennai and Gurugram. Walmart earlier this year had also signed a deal to lease an area of 465,000 sq.ft in Chennai for five years
 "Not in a hurry to get GenAI agent to India: Walmart's Vinod Bidarkoppa")
Big Tech firms add 30,000 employees in India in past 12 months: Xpheno
Meta, Alphabet, Apple, Amazon, Microsoft and Netflix added over 30,000 jobs in India in the last 12 months, expanding headcount by 17% amid global restructuring
 "Big Tech firms add 30,000 employees in India in past 12 months: Xpheno")
Cyberattack becomes personal: How AI is making identity theft easy
India emerges as a key source of the cybercrime, prompting companies to strengthen their security systems and train employees
 "Cyberattack becomes personal: How AI is making identity theft easy")
AI agents helping Microsoft India's sales team boost revenue by 9%
Microsoft, which has about 25,000 engineers in India, has already said that a third of its code were written by GitHub co-pilot
 "AI agents helping Microsoft India's sales team boost revenue by 9%")
India to lead in frugal engineering, AI to resolve real issues: Nilekani
Infosys Chairman Nandan Nilekani says India will be the hub for applying AI and frugal engineering, citing Aadhaar, UPI and small language models as key to mass-scale adoption
 "India to lead in frugal engineering, AI to resolve real issues: Nilekani")
H-1B visa uncertainty adds to Indian IT services industry's woes
In an interview with Fox News, Lutnick said he was involved in revamping the H-1B visa system
 "H-1B visa uncertainty adds to Indian IT services industry's woes")
Albertsons looks to make in India for the global market: Sunil Gopinath
Gopinath talks about his strategies and priorities as Albertsons plans to hire about 1,000 employees in the next 18 months and what will fuel the next phase of GCC growth in the country
 "Albertsons looks to make in India for the global market: Sunil Gopinath")
Data protection rules likely by year-end, says DSCI chief Vinayak Godse
DSCI chief Vinayak Godse says this will pave way for rollout of the data privacy law
 "Data protection rules likely by year-end, says DSCI chief Vinayak Godse")
Vibe coding flips the script on IT hiring, opens doors for non-tech talent
IT cos seeking talent from non-tech backgrounds to tap into AI expertise
 "Vibe coding flips the script on IT hiring, opens doors for non-tech talent")
Kyndryl to invest $2.25 billion in India over the next three years
As part of the investment, the company will also establish an AI lab in the country, in addition to focusing on talent development
 "Kyndryl to invest $2.25 billion in India over the next three years")
Wipro acquires Harman's engineering R&D unit in $375 million deal
The acquisition will enhance Wipro's capabilities in domain-led design, connected products, and software platforms
 "Wipro acquires Harman's engineering R&D unit in $375 million deal")
Infosys gives 80% bonus to majority of employees for first quarter
Infosys has rolled out an average 80 per cent performance bonus for Q1, linked to employee ratings across PL4-PL6 levels, following stronger-than-expected quarterly growth
 "Infosys gives 80% bonus to majority of employees for first quarter")
Coforge edges past rivals in a hotly contested mid-tier IT services market
According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis
 "Coforge edges past rivals in a hotly contested mid-tier IT services market")
There is a lot of hype about agentic AI, says SAP CTO Philipp Herzig
SAP Labs India ramps up AI innovation in India with new Bengaluru campus; key work on joule, generative AI, and enterprise solutions now led by 15,000-strong local team
 "There is a lot of hype about agentic AI, says SAP CTO Philipp Herzig")
Cognizant to increase salaries for majority of employees from November 1
Top pay hikes in India to be in high single digits
 "Cognizant to increase salaries for majority of employees from November 1")
GCC business contributes 10% to Coforge revenue amid growing demand
Maddee Hegde, executive vice president and head of the company's business process service (BPS) and GCC units, told Business Standard in an interaction-Coforge is focusing in its core verticals
 "GCC business contributes 10% to Coforge revenue amid growing demand")
Costly middle layer faces the axe amid India's IT sector layoff drill
According to data from specialist staffing firm Xpheno, more than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms over the past 12 months
 "Costly middle layer faces the axe amid India's IT sector layoff drill")
IT sector braces for slower growth trajectory as US tariff tensions mount
Sectors such as automobile, manufacturing, and retail are already bearing the brunt of tariffs - this was called out by IT executives during their earnings conferences last month
 "IT sector braces for slower growth trajectory as US tariff tensions mount")
SAP Labs opens second campus in Bengaluru with €194 mn investment
The new facility will host 15,000 employees as SAP strengthens its AI-led R&D footprint in India, its largest base outside Germany, aiming to double client productivity
 "SAP Labs opens second campus in Bengaluru with €194 mn investment")
TCS to roll out salary hikes for 80% of staff starting September 1
TCS had paused salary hikes in April citing macroeconomic uncertainty but will now revise pay for staff up to grade C3A, covering 80 per cent of its workforce
 "TCS to roll out salary hikes for 80% of staff starting September 1")