Page 25 - Information Technology

Amazon to up the ante by venturing into quantum computing; lays groundwork

Amazon has been hiring for a Quantum Hardware Team within its Amazon Web Services Center for Quantum Computing

Infosys gains 4%, nears record high amid report Co may win Daimler deal

The deal involves transferring of 500-600 Daimler employees to the information technology (IT) firm, the report said.

Software Technology Parks of India to launch a VC fund to support start-ups

This scheme will support around 300 start-ups for the next three years by offering Rs 25 lakh risk capital and Rs 10,000 internship per startup

Saw a 30% bump in internet traffic during pandemic: VP, Tata Communications

Hard to predict if this growth will sustain but don't expect a lot of this increased traffic to decline, says Song Toh, VP, Tata Communications

TCS surpasses Accenture to become most-valuable IT services firm globally

At the last closing price of Rs 2,825, TCS was valued at $144.73 billion, (Rs 10.6 trillion), while Accenture is currently at $142.4 billion

Happiest Minds IPO opens today. Key things to know before you invest

The net proceeds of the offer will be utilised to meet the long term working capital requirement of the company.

Happiest Minds Technologies' IPO a good chance to ride digital wave

Sturdy profitable growth potential led by 97% digital revenue share justifies valuation

Covid-19 may trigger third wave of outsourcing for Indian IT industry

Goldman Sachs report says that more technology roles likely to move to India

Covid-19 likely to impact 5% IT employees in India, take away 200,000 jobs

The Indian IT and BPM sector employs around 4.4 million people, directly and indirectly. Every year, around 2-3 per cent of the employee base get impacted owing to performance related issues

TCS may see slower revenue growth, profitability over 12-18 months: S&P

"We now expect TCS' revenue to rise 0-1 per cent in the fiscal year ending March 31, 2021, compared with growth of 5.3 per cent in fiscal 2020," it said

IT firms roll out solutions to help clients return to office smoothly

WFH-themed solutions aimed at cost saving and better employee management for clients

Parliament panel summons Facebook on Sept 2 as hate speech debate grows

A day before, representatives of ministries of communications and home have been called before the panel

Impact investors switch focus to agriculture, health and education

47% of the $10.7 bn invested between 2010 & 2019 has come in last two years

Marking out the markets as coronavirus makes economic recovery uncertain

While coronavirus cases keep rising in India, there could be more lockdowns to contain the coronavirus as the economy sputters back to life. Devangshu Datta predicts where the markets could be headed

Throwback to SEZ era: Real estate sector makes room for data centres

The central government ministries, too, are getting into the act on behalf of the sector.

IT capital Bengaluru a model of digitalisation in India, says report

India's IT capital Bengaluru is ideally placed to be a model of digitalisation in the country, based on parameters like sustainability, mobility and opportunity, according to a report.

Memo from the office: Work from home continues to be a work in progress

The office can't be done away with but work from home is now company culture, writes Suveen Sinha

Mid-caps worst hit as analysts see 24% dip in Q1FY20 PAT for India Inc

A lockdown to contain the pandemic is now eased, but companies are still struggling to get back on their feet. Puneet Wadhwa explains what to expect from companies in terms of revenue

With the worst of Covid-19 yet to come, clear communication would help

The contrast of a virus as agile as something out of a myth and government edicts that seem slow-footed is a worldwide phenomenon

TCS Q1 preview: Covid-19 pandemic to hit earnings; Q2 outlook eyed

The Street, analysts believe, appears to be focusing on recovery path which is also visible in the strong rally in the sector.