Page 65 - Shivani Shinde

ADIF files petition before CCI against Google's new PlayStore policy

CCI is already looking into the matter for potential abuse of dominance by Google in the app market

This quarter is all about consolidation of growth momentum: TCS CEO & MD

'Two years back we experimented and took in 32,000-35,000 freshers in the first two quarters and this allows us to bring freshers into the company in an accelerated way', said Gopinathan

TCS Q2 results: Consolidated PAT rises 14% to Rs 9,624 cr, revenue up 17%

The company added 19,690 employees during the quarter under review taking its total headcount of 528,748

TCS to hire 35,000 more in H2FY22 after reaching 43,000 fresher hiring goal

During Q2FY22, the firm's attrition inched up to 11.9%. Though the number is lower than those of other players, it is higher than TCS' in own attrition in the past few quarters

VC the most outstanding asset class for India in 2021: IVCA-Preqin

India's total AUM at $61bn as of 15, December 2020, with $15bn of dry powder as of end of Sept 2021

Boom time: 31 and counting, happy hour for India's unicorn club

The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen

TCS' long-standing partnership with SBI extended for another 5 years

Under new contract, TCS will continue to maintain, enhance SBI's application estate around core banking, trade finance, financial reporting &, financial inclusion with new features and functionality

Rise in cloud adoption necessitates relook at security infrastructure

In the past year, a staggering 88% of Indian organisations suffered a business-impacting cyberattack, with 56% of respondents indicating the attacks targeted remote workers

Tekion raises $250mn in Series D funding round; valuation nearly triples

The round was led by Alkeon Capital and co-led by Durable Capital. Other investors include Hyundai Motor and several reputable dealer groups across the US

Indian IT's Q2 results to reflect growing digital transformation demand

Key metric to watch will be TCV wins, and attrition

Mphasis acquires US-based Blink UX for $94 mn in an all cash deal

Founded in 2000, Blink has over two decades of expertise using its evidence-driven Design SM process to define digital user experience for clients

Hiring sentiment highest in India, 17% firms keen on freshers: Survey

Sectors that have withstood pandemic impact and have had a stronger hiring sentiment are IT (31%), telecom (25%) and tech startups (25%)

Growing small and medium businesses embrace the digital-first world

71% of growing SMBs say their business survived the pandemic because of digitisation

Big Tech under the scanner in India after South Korea slaps fine on Google

Regulators and startups in India are beginning to push back against what they see as monopolistic practices

Japan's Rakuten forays into India's B2B tech segment, launches new product

This is the first time that Rakuten will be bringing its products and services into the Indian market

PharmEasy buys majority stake in healthcare supply chain start-up Aknamed

API's subsidiary PharmEasy, which is planning an IPO, will acquire 975,937 equity share in the company

TCS announces 'Rebegin project', its largest women recruitment drive

Rebegin is a TCS Careers Initiative intended to benefit women professionals who have taken a career break due to family or other commitments to help them return to the company

At Infosys, how pandemic brought importance of reskilling to the fore

To begin with, Infosys identified 36 skills that were important and created learning pathways

India Inc gets to work as it starts designing return to office toolkit

Domestic companies, including those in manufacturing, are also ready to bring back vaccinated employees

Indian fintech market poised for multi-fold growth for newer biz models

India, as the KPMG report suggests, is a unique market where the regulator has been actively involved in giving access to new-age fintech players