Page 28 - Information Technology

Why IT giants are cutting jobs at mid, senior levels

Besides increasing their fresher's intake, IT giants are also aggressively localising their workforce in the US, from where they draw at least 65 per cent of total revenue

IT companies look to cut jobs at mid, senior levels in coming quarters

As hiring in US rises, with resulting cost pressure, these staffers in India are at risk; advent of digital tech another reason

IT firms may shed 5-10% mid-level workforce, focus on digital: Infy ex-CFO

On the prospects of IT services companies in 2020, he said all the global economies seem to be stable and there are no fears of recession.

How recent snooping incident may affect the launch of WhatsApp Pay

An Israeli spyware was used to snoop of some 1,400 people globally, including 121 Indian citizens. Listen to the podcast to know how this incident might affect the launch of WhatsApp's payment service

Snooping row: Govt mulls safety audit of WhatsApp Pay; launch to be delayed

Last week, Facebook-owned WhatsApp said it was filing a federal complaint in the US against Israeli technology firm NSO Group

Telangana govt to declare 2020 as the 'year of artificial intelligence'

Move aimed at promoting the use of AI in various sectors, including agriculture, urban transportation and healthcare

Whistleblower stings Infosys again; alleges irregularities in accounting

Experts say no significant diversion from past accounting practices reported by the IT firm in recent quarters

Oracle to hire 2,000 workers to expand cloud business to more countries

Jobs will be added in Oracle's software development hubs in Seattle, the San Francisco Bay Area and India

Sebi takes guard against security threats, plans to hire agency

Information system infrastructure includes networking systems, security devices, servers and databases

How Red Hat could open new doors for IBM in India's cloud market

Firm's CEO is pretty upbeat about the future of hybrid cloud - which allows companies to spread their data between private and public cloud providers and has been putting good money to build expertise

Avaali Solutions to double headcount to 225 people in 18 months

The company, which is looking at raising external funding, said it also intends to invest USD 5 million in areas such as product development and forging new partnerships.

Amid talent battle, global uncertainty, top 5 IT firms hire 57% more in Q1

Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis

Nasscom asks govt to reconsider clarification on intermediary services

A circular from the Central Board for Indirect Taxes and Customs that was released last week said the services offered by the IT and ITeS sectors at the back end may attract 18% GST

Infosys bets on 'lead tech group' comprising 60 engineers for innovations

This is a departure from the earlier strategy, when innovations were used to strengthen its products and platforms

Decline in global client spending may put Indian IT sector under stress

Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports

Street prefers large-cap information technology firms over mid-tier peers

Better cost management, execution have led to higher multiples for tech majors

IT midcaps tap into transformational deals, digital play drives higher TCV

However, billion dollar deals still continue to be a preserve of large caps like TCS and Infosys

Experts' group asks govt to withdraw changes in intermediary guidelines

The coalition asked the government to withdraw the draft amendments proposed to the Information Technology (Intermediary Guidelines) Rules

Effective regulation

Rules for social media platforms must be thought through

IT sector, startups expected to hire 500,000 people in 2019: Mohandas Pai

The year 2019 is going to be better for entry-level guys because hiring is going to be much better, said Pai