Page 16 - It Industry

IT campus hires may be at 70% of pre-Covid levels, say analysts

Weighed down by uncertain macros, tech firms may give campus placements a wide berth: Analysts

Weak guidance, muted sentiment to weigh on near term IT outlook

There could be more downsides if the rest of IT pack disappoints

After a Covid hiatus, West Bengal feels the infotech buzz again

After a Covid hiatus, the state's IT hubs are seeing the big names in the business setting up or expanding operations

At TCS, CEO is the first among equals, says Krithi Krithivasan

Presence is across geographies, any downside hits us, says Krithi Krithivasan CEO-designate, TCS

Once we make a job offer, we honour it: TCS outgoing CEO & MD Gopinathan

The US has turned out to be surprising and hence difficult to call out for the short term, says Rajesh Gopinathan

Rs 50k per month for 2bhk: Bangalore is now India's hottest rental market

Anarock's data shows rents in various Bangalore neighborhoods have jumped by double digits since 2019, echoing a wider surge across India's major cities

27% of industrial sector computers in India affected by malware in 2022

The report said India has been highly affected by malicious scripts and phishing pages by 9.6 per cent and secondly by denylisted internet resources by 8.7 per cent when observing geographical regions

Tono-Bungay enterprise

Today, as in the days of HG Wells, the dilemma that society faces is one of the need for aggressive entrepreneurs, but not entrepreneurs who undertake spiralling risks, unfettered by ethics or nous.

The digital boom's cybersecurity pitfalls: Negligence may spoil the party

The large-scale adoption of cloud and the work-from-anywhere model have led Indian businesses to step up investment in data protection

Twitter to charge $100 fee from developers for access to its basic API

A week after Twitter announced shutting down free access to the API, the microblogging platform on Thursday said that it will charge $100 per month for the basic tier of API

Our new mantra is to bring back growth: Cognizant India CMD Rajesh Nambiar

We have added advanced solution capabilities, programme management and project management capabilities and it is important for us, says Rajesh Nambiar, chairman and MD, Cognizant India

Zoho Corp eyes $1 billion revenue from ManageEngine in next 2-3 years

The Company, which is India's first bootstrapped unicorn, says it will continue hiring in FY24

Guru of globalisation

The Presidency of G20 should be used by India to argue for globalisation and a rules-based global economic order

TeamLease Edtech, PeopleCert tie up to up-skill corporate execs, graduates

With this agreement, TeamLease EdTech aims to upskill the Indian workforce to meet high-speed growth in IT and industry

Hiring slowdown lifts India's top IT companies' profit per employee

Productivity improves in terms of revenue per employee

IT firms see 14-20% topline growth in Q3, raise guard on uncertainties

India's IT services heavyweights delivered between 14-20 per cent on-year growth in topline for December quarter, as they raised guard on global uncertainties and choppy verticals, but remained hopeful that costs as well as business considerations will drive tech demand. The tech earnings season began with large IT companies -- Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies -- declaring their Q3 report card this week, amid analysts' gloomy prognosis around slowdown in advanced economies and fear of geopolitical flare-ups. The industry leaders said they are keeping a close watch on the global economy and cues. Overall, the revenue growth band of the top-tier IT players was pegged at between 14-20 per cent for Q3FY23, compared to the year ago period. Seen sequentially, the topline growth for the large IT pack ranged between three per cent and eight per cent versus previous September quarter. Meanwhile, December-quarter net profit of the top IT deck rose between

Age of celebration of technology for technology's sake is over: Nadella

Suggesting that the age of celebration of technology for technology's sake is over, Microsoft Chairman and CEO Satya Nadella on Thursday said it is now about technology and its use for everyone in the world, where India can contribute immensely. Speaking at the 'Microsoft Future Ready Technology Summit' here, he also highlighted the "magic" of government programmes and India Stack co-evolving in the country. "I had a chance to have a brief conversation with the Prime Minister yesterday, his vision and all the programmes, the yojanas and the India Stack. In fact the thing I'm realising is the magic of India Stack, because everything needs feedback. The yojanas or the policy and the technology stack co-evolving, that's just like a virtuous cycle that is unlike anything I have seen and it's just tremendous," Nadella said. He said, "I absolutely think both of these are perhaps the greatest contributions that India can make to the world quite frankly. When I think about it, the idea that

We want to push India's $1 trillion digital economy dream: Satya Nadella

Nadella said that India's tax spend as a percentage of its GDP is becoming normalised when compared to the developed world, and is now among the top 10 countries

Indian shares trim losses on IT recovery; recession fears linger

Indian shares pared most of the losses in the final hour helped by rebound in IT stocks, while recession worries and a surge in Covid-19 cases in China continued to dampen sentiment

Indian tech industry hired nearly 380,000 freshers in FY22: Nasscom report

Indian tech industry hired around 380,000 freshers in FY22 and over 70 per cent of Gen Z students are keen to take up tech jobs in the near future, a Nasscom report said on Friday