Page 18 - Information Technology

Global IT hardware industry players urge govt to postpone PLI 2.0 scheme

The IT industry has asked the govt to defer the implementation of the revised production liked incentive scheme, PLI 2.0

53% IT professionals may resign to pursue new job within next year: Report

More than half of IT professionals (53 per cent) are likely to pursue a new position within the next year due to better compensation, a lack of training and development and a lack of work-life balance, according to a report. About 66 per cent of IT decision makers see skills gap in their teams even as there is a 10 per cent decrease from last year, according to Skillsoft's 2022 IT Skills and Salary Report. However, the industry is facing another pressing challenge centred around talent attrition, with more than half (53 per cent) of all respondents extremely or somewhat likely to look for a new job in the next 12 months, it added. Skillsoft's 2022 IT Skills and Salary Report based on a survey with nearly 8,000 respondents. The report further revealed that over the past year, the workplace has been defined by employee-led "movements", namely the Great Resignation and "quiet quitting". Meanwhile, the pace of digital transformation and lack of enough technical resources have pushed m

Govt not empowered to issue orders to block accounts: Twitter to HC

Council for microblogging site emphasises that Section 69A (power to intercept electronic communication) of IT Act does not spell out mass blocking of accounts

Channelling tech talent: IT majors face headwinds, may cut hiring in India

A Nasscom report indicates that digital core talent has grown faster than IT core talent, as companies undertook skilling initiatives to reorient the workforce.

Demand outlook robust; attrition to cool off in Q3 FY23: L&T Infotech COO

This should be the last quarter as an independent entity, merger to complete between November-December, said COO Deshpande

Tata Power hit by cyber attack, says critical systems functioning

The company did not divulge which systems were impacted

Cyber attack hits IT systems of Tata Power, restoration underway

Tata Power on Friday said that a cyber attack has hit its Information Technology (IT) infrastructure and affected its systems. Tata Power Company Limited had a cyber attack on its IT infrastructure impacting some of its IT systems, a BSE filing said. The company has taken steps to retrieve and restore the systems, it informed. All critical operational systems are functioning; however, as a measure of abundant precaution, restricted access and preventive checks have been put in place for employee and customer facing portals and touch points, it added.

Attrition to continue to spike even as IT biggies reduce hiring: Experts

HR experts also point that pre-pandemic industry attrition was in the range of 12-13 per cent, to come back to that level is going to take some time.

From traditional cubicles to smart cabins, co-working is back with a bang

Demand fuelled by hybrid work models, digital nomads, post-Covid urban loneliness

New job creation slipped 10% in Omicron-hit March quarter, says govt

Mfg sector was worst hit with 140,000 job cuts, followed by education (22,204) and construction (8,954). IT/BPO created most new jobs at 370,000, followed by the health sector (93,701)

ITeS sector's growth prospects in FY23 augur well for SMEs: CRISIL

In FY22 the ITeS sector's revenue logged 13-15% growth to about Rs 3.1 tn, riding on volume recovery across the three key segments - customer relationship management (CRM), knowledge, and transactions

Applying for a digital loan? Stick to loan apps on RBI's white list

The name of the bank or NBFC on whose behalf the app lends should be mentioned on the former's website

Share of women employees in CPSEs dips to 9.35% in FY21: Survey

According to the report, the number of women employees in CPSEs declined 9.5% to 80,525 in FY21 when pandemic hit the economy

Poor training, skills affect digital trust of Indian enterprises: Report

Only 24% respondents in India had complete understanding of digital trust, says global study

IT stocks bleed mirroring Nasdaq plunge; Nifty IT index down 3.4%

However, the latest downgrade by Goldman Sachs has come as a setback for the sector

IT Ministry, Meta to fund 40 start-ups working in extended reality tech

The programme will give Rs 20 lakh each to the start-ups and it will include a challenge aimed at promoting XR

NMIMS MBA 2023 programme registration process begins; check details here

NMIMS MBA 2023 registration process begins. Candidates who wish to apply can visit the official website- nmat.nmims.in

Will margin pressures end the Indian IT sector's glory days?

Indian IT companies are experiencing margin pressure. This has forced leading IT firms to reduce or withhold employee bonuses. How long will IT companies face this pressure? Is there a solution to it?

Rain havoc in Bengaluru: Overnight spell brings IT hub to its knees

Torrential overnight rains left India's IT capital struggling on Monday as inundation and waterlogging threw life out of gear, leading to a public outpour of anger against alleged misgovernance and the powers that be. Boats and tractors were pressed into service in certain parts and a forecast of more rains has caused worry among the people residing in the vulnerable areas, even as many have started moving to safer zones, taking with them only necessary belongings. The rains severely impacted Bengaluru, capital city of the poll-bound Karnataka, leaving overflowing lakes and stormwater drains that inundated low-lying areas. Cars and two wheelers parked either in the basements or in front of the houses were submerged in parts of the city. Water-logging in localities like Rainbow Drive layout, Sunny Brooks Layout, some areas on Sarjapur Road were to such an extent that tractors and boats were used to ferry students and office goers in the morning. Rains have battered many parts of th

Facebook and Instagram: Why Meta removed 27 million posts in India?

Facebook and Instagram removed 2.7 crore posts in India in July 2022. Why these posts were deleted? What do netizens feel about meta? Read this article to know everything