Page 72 - Shivani Shinde

Indian tech services can touch revenues of $300-350 bn in next 5 years

According to a report by McKinsey & Company for Nasscom titled 'Future of Technology Services-Winning in this decade', tech spending is only going to be intensified in the next decade

Hitachi's acquisition of GlobalLogic a bump up for Indian E&RD segment

GlobalLogic has a significant presence in India

IPV and the science, art and psychology of early stage investments

The angel network plans to increase its investor base beyond 5,000; double the number of investee firms and corpus for 2021

Startup of the year: Freshworks aims to become a $1-bn company in 5 years

Freshworks has set its sights on increasing revenue to over $1bn inthe next five years as it prepares to take advantage of the vast untapped SaaS market

Company of the year: The rise and rise of HCL Tech under CEO C Vijayakumar

With a focus on innovation and acquisitions, the $10 billion company has scaled up its presence in the global information technology services space

50% of our revenues will come from next-gen technologies by 2025: HCL CEO

If you look at HCL's history, we come from a product engineering background and over the years have created thousands of products for our customers, says HCL CEO Vijayakumar

Robert Bosch Engineering India creates separate unit for digital solutions

The unit will manage external business of non-Bosch customers

Tech spend in 2021 to be better than last 2 years: Nasscom survey

Over 70 per cent chief executives expect global spend to grow over 4 per cent; recovery to be led by digital segment

Banks face tech resilience test as Covid-19 boosts digital services

Between April 2020 and January 2021, mobile banking transaction volumes doubled to 39 million, while internet banking transaction volumes grew 60 per cent to 7 million

TCS to announce salary hikes for FY22, second for company in 6 months

With salary hike in Financial Year 2021-22, TCS employees will get around 12-14 per cent average increment in six months' time

Tata Consultancy expands strategic partnership with Vodafone Netherlands

To deploy AI and ML technology and TCS TwinX to gain deeper insights

Mumbai 'cyberattack' puts focus on the need for greater security

India Inc leaders said they are taking sufficient action and investing in technology to prevent such attacks, especially since work-from-home became a norm

E-learning, work from home power up notebook and laptop sales: IDC

For Q4CY20, PC shipments grew by 27 per cent year-on-year, said data from the IDC.

Work from home; collaborate in office: Indian IT industry marks change

Zoom calls may work for a few but can they replace a town-hall meeting: Executives are debating

Indian IT sector likely to hit $350 billion by 2026, says McKinsey report

McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus

Tatas to buy 68% in BigBasket for Rs 9,500 cr, deal likely in 4-5 weeks

The deal is the biggest in online groceries space so far, values BigBasket at Rs 13,500 cr; will give exit to investors Alibaba, Abraaj and IFC

IBM to invest $1 bn in its partner ecosystem as it pushes for hybrid cloud

Enters into strategic partnership with Tech Mahindra that will create $1 bn revenue opportunity over next 3 yrs

IT sector to grow by 2% to $194 bn, add 138,000 employees in FY21: Nasscom

Industry bucks Covid trend on the back of rapid digital transformation and tech adoption; Exports set to touch $150 bn

Voice-based AI platforms flourished in pandemic, breaking language barriers

BFSI and e-commerce are benefiting from artificial intelligence-powered speech-based platforms that make life easier for customers, reports Shivani Shinde

93.1% of TCS shareholders vote to oust Cyrus Mistry as director

At the EGM, independent directors come under fire for their role