Page 4 - Digital Services

NeST Group launches digital service, plans to create 1,000 jobs

The NeST group of companies on Friday announced the launch of NeST Digital, its formal re-entry into the digital engineering services sector, and said it will create 1000 jobs

Japan's TechnoPro acquires Udupi-based Robosoft for Rs 805 crore

Robosoft will continue to be led by its current management team, headed by chief executive officer Ravi Teja Bommireddipalli who is also being elevated to managing director and CEO.

Wipro hits record high as digital services demand drives quarterly profit

Wipro Ltd's shares rose as much as 2.3% to a record high on Friday, a day after the Indian IT services firm reported a jump in quarterly profit ahead of analysts' estimates

Digital solutions firm Whatfix announces $4.3 mn for ESOP buyback

Digital adoption solutions provider Whatfix on Tuesday said it has implemented its maiden employee stock ownership plan (ESOP) buyback of $4.3 million

Jio accelerating digital platforms, indigenously-developed 5G stack: RIL

Jio is accelerating the rollout of digital platforms and indigenously-developed next-generation 5G stack, Reliance Industries' annual report has said

Maruti Suzuki digitises to click with buyers: How exactly does it work?

India's largest car maker is finding traction in the national roll-out of its digital financial services platform

Happiest Minds March qtr net up 580%, firm offers double-digit pay hikes

Revenue up 18% to Rs 186 cr; profit was lower sequentially

UST partners with BlueYonder to improve digital services for retailers

Blue Yonder experts will join UST to introduce add-on capabilities for customers, companies say.

Cognizant reports good numbers in Mar quarter, revises revenue guidance

Net income for the first quarter of CY21 was $505 million, up 37%

ICICI Bank launches digital service for retail merchants, offers credit

Lender says it aims to provide services in 'one single place' to more than 20 million retail merchants.

IT industry needs a 'skiller' app to double digital growth in 5 years

Access to digital talent has been identified as a key hurdle to doubling growth in the industry in the next five years. Here's how it's trying to bridge the gap

India likely to hold bilateral talks with US over retaliatory tariffs

Govt assessing potential impact of US decision to raise levies on 40 items

Robert Bosch Engineering India creates separate unit for digital solutions

The unit will manage external business of non-Bosch customers

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

Improving deal pipeline and growth factored into L&T Technology stock

Q3 performance was better than estimates led by growth across verticals

Digital Service Taxes discriminates against US firms: Trade Department

The US Trade Representative on Thursday said that the Digital Service Taxes (DSTs) discriminates against American companies.

Record deal wins offer revenue visibility for Infosys in next 3 quarters

While double-digit growth in FY22 is a given, near term margins could come under pressure

United States says India's digital services tax is discriminatory

US said the tax has an adverse impact on American commerce and is actionable under the trade act

Google tax mop-up rises 64%, Bengaluru and Hyderabad top the list

This complements improvement in direct tax collection, with contraction narrowing to 9.6 per cent as on January 7

USTR backs action against India's equalisation levy, finds it burdensome

Highlighting the discrimination part, the report said that of the companies that are subjected to India's equalisation levy, 72 per cent are American companies