The former CEO and Managing Director of Infosys said he does not see job losses in the IT sector
The Gurgaon district administration had issued an advisory in mid March asking MNCs, BPOs, IT companies, corporates and industries to allow work from home
Amid the ongoing pandemic, unemployment claims in the US have risen exponentially
The incident comes at a time when businesses have been disrupted by coronavirus pandemic that has forced companies to turn to initiatives like work from home
The Deputy Chief Minister said the IT and BT industry leaders are extremely happy with regard to the support system or backup given by the government of Karnataka
Exposure to smaller clients and dependence on higher number of small deals could be seen as weak links for the firms in the current environment.
Global retail, manufacturing, pharma firms turn to AI-led simulation services to better anticipate the future
The company provided the option to work remotely to most of its employees even before countries began going under lockdowns
Firm builds up war chest by drawing down $1.7 bn worth of revolving credit
India is one of five countries prioritized to receive grants from Micron Foundation's global relief fund
Forum for IT Employees (FITE), a self-proclaimed union for IT employees, has alleged that the company has taken such steps in order to "compensate for business loss owing to the nationwide lockdown".
Since most IT firms anticipate a demand slowdown in the coming quarters, hiring from tier-III and IV engineering colleges through walk-in interviews is going take a massive hit in 2020
Business Standard opinion pieces for the day talk about the fiscal and other aspects of the pandemic.
Companies have to rejig their business model
Dollar revenues likely to fall by up to 300 bps
Cyient is producing components that are used in X-ray generators from GE Healthcare and units from Molbio Diagnostics, to enable rapid disease testing in India
Enforcement of lockdown should be sensible
With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders
IT companies earn over 50 per cent of their topline from the US.
The bustling campuses of IT majors like Infosys and Wipro are deserted as thousands of their techies are missing in action since Monday