Page 10 - Ayushman Baruah

Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore

In terms of verticals, Manufacturing & Consumer and Banking & Financial Services led the growth for the second quarter, growing at 6.7 per cent and 3.1 per cent respectively

Infosys opens new development centre in Vizag to upskill employees with AI

Spanning 83,750 square feet, the facility is designed to accommodate approximately 1,000 employees and provide greater flexibility for hybrid working arrangements

GenAI allows us to reimagine human experience: SAS's Bryan Harris

BRYAN HARRIS, executive vice president and chief technology officer of SAS, conversed with Ayushman Baruah about the company's plans

Salary hikes of major IT companies take a back seat amid weak demand

Accenture for instance will not be providing salary hikes to its employees in India and Sri Lanka this year, except in critical skill areas and where it is legally mandated

Q2 results: Infosys cuts FY24 guidance to 1-2.5%, net profit up 3.2%

For the second quarter of FY24, the company reported net profit of Rs 6,212 crore up 3.2 per cent year-on-year (YoY). Sequentially, it was up 4.5 per cent

Indian IT companies turn cautious as tensions escalate in West Asia

In Israel, Bengaluru-based firm Wipro has about 80 employees, all of whom are nationals of that country

India may become Zoho's 2nd-largest mkt in 2-3 years: Sridhar Vembu

Most of our products are now integrated with ChatGPT. We are rolling out integrations every week, he says

SaaS major Zoho sees strong traction for its collaboration platform Cliq

These declarations were made during Zoholics India, the company's annual user conference in Bengaluru

Business AI would be the next big bet for SAP: President & MD Kulmeet Bawa

Kulmeet Bawa, president and MD, SAP Indian Subcontinent, talks about SAP's growth journey in India and AI strategy

Goldman Sachs plans expansion in India, opens new GCC hub in Hyderabad

The centre in Hyderabad includes both new recruits and transfers from Bengaluru

40% of cyber security teams in Indian organisations understaffed: Report

5 key technical skills considered for employment, says respondents in annual survey

A fifth of entry-level technology jobs may go artificial intelligence way

In Q1, top six Indian IT firms made the sharpest cut in headcount in last 3 years

Cognizant appoints Wipro's Jatin Dalal as its next chief financial officer

Dalal will report to Ravi Kumar S, Cognizant's Chief Executive Officer (CEO), who joined the company last October

Sonata Software aims for $1.5 bn revenue by FY26; focus on BFS, healthcare

"By FY26, we aim to grow our domestic business to $1 billion and international business to $0.5 billion," Dhir told Business Standard

German technology major SAP launches new generative AI assistant Joule

SAP said Joule will be embedded throughout its enterprise cloud portfolio, delivering proactive and contextualised insights from across SAP solutions and third-party sources

Infosys partners with Microsoft to accelerate adoption of GenAI

Both companies will enable enterprises to take an AI-first approach and help improve operational efficiencies, drive revenue growth, and enable business transformation

Genpact is investing up to $600 million over 3 years in AI: CEO Tyagarajan

In the interview, Tyagarajan talks about the investments in GenAI, acquisition strategy, and the technology spend environment

Global capability centres go beyond Tier-I cities, chasing cost and talent

30-40% more demand for workforce in Tier-II cities; some firms identifying Tier-I talent to lead smaller locations

Wipro appoints Aparna C Iyer as new CFO after Jatin Dalal resigns

Dalal's exit comes at a time when Wipro has been battling several high-level exits in the recent past

Black Box opens new centre of excellence in Bengaluru, to create 500 jobs

The new centre is also projected to increase the company's margin by around Rs 50 crore in the near term, according to Black Box