Page 21 - Shivani Shinde

Algo Rhythm: Space technology startups soar high, says Tracxn report

In 2024, space tech startups have raised $10.8 million yet

Cognizant Q2 net rises 22% to $566 mn, revises FY24 guidance to $19.5 bn

Cognizant has revised its full-year revenue growth guidance for FY24 from $19.3 billion to $19.5 billion, representing a growth of -0.5% to 1%

India becomes the largest market for Meta AI usage, says senior executive

Company testing how businesses can use AI service to interact with customers

Karnataka authorities have withdrawn GST tax notice, says Infosys

DGGI sent a notice to Infosys for non-payment of Integrated Goods and Services Tax (IGST) on import services as the recipient of services

Nasscom urges govt to have simple and single interpretation on compliance

The association also pointed out that the industry is crucial for the country's ambition of 'Vikshit Bharat' (developed India)

FirstCry IPO to open on Tuesday; sets price band at Rs 440-465 per share

The IPO comprises a fresh fund raise worth Rs 1,666 crore and a secondary share sale worth Rs 2,528 crore

Hiring of freshers by IT companies likely to go off-campus in FY25

HR experts concurred that the fiscal year 2024-25 will be better than the last fiscal. The total intake from campuses for the sector may hover around 100,000-120,000, according to estimates by Xpheno

Data breach cost for Indian organisations up 39% since 2020: IBM report

AI, automation play 'significant role' in accelerating organisations' ability to identify breaches

In future, we will have a few more listings from group: Ola Electric CEO

He believes this IPO is a key step in the company's long-term plan

Electric 2W player Ola Electric sets IPO price band at Rs 72-76 per share

Volume growth, vertical integration would be the main pillars for improving its margins, founder and CEO Bhavish Aggarwal told reporters on Monday

SAP Labs India to house two global AI roles; to drive global innovation

These strategic appointments include Rahul Lodhe as the Global Head of Engineering for SAP Business AI Copilot Joule and Sudhakar Singh as the Chief AI Security Officer

Bhavish Aggarwal's Ola Electric IPO worth Rs 5,500 cr to open on August 2

Ola Electric IPO price band to be announced on Monday

New skilling scheme laudable, but needs clarity, say India Inc leaders

Officials of construction and engineering major, L&T, which has in the past complained about skilled labour shortage, said if India needs to grow, one of its positives has to be its population

Tech Mahindra Q1 results: Net profit up 23% on cost action; still a miss

The firm's margin for the quarter came in at 12 per cent, up 190 basis points Y-o-Y. The Tech Mahindra stock ended the trading day at Rs 1,540, up 0.44 per cent

11% increase in US dollar withdrawals in India since May 2023: Report

Software engineers, consultants made the most such withdrawals in 18 countries, says payroll company Deel

Q1 result review: Outlook positive for IT companies, challenges persist

Weakness in demand evident, discretionary spends similar: IT majors

Microsoft global tech outage: When all systems in the world go down

The tech outage marks the risk of depending on a single firm's software, report Shivani Shinde & Ashutosh Mishra

Wipro plans to hire 10,000-12,000 freshers from campuses in FY25

Wipro joins other large IT services firms, which also announced plans to visit engineering campuses to hire freshers, as utilisation hits an all-time high and demand in some biz shows improvement

Wipro Q1 FY25 results: Net profit rises 5.2% to Rs 3,036.6 crore

IT services segment revenue was at $2,625.9 million, a decrease of 1.2 per cent Q-o-Q and a decrease of 5.5 per cent Y-o-Y

AI reshaping industries, 'cornerstone' of business strategy: Rishad Premji

Wipro has made 'human interactions' core of AI development, says chairman of IT service company