Page 17 - It Industry

Infinite Solutions to invest Rs 500 cr for IT campuses in Noida, Lucknow

Uttar Pradesh government delegation led by state Finance Minister Suresh Khanna met with Chairman, of Infinite Computer Solutions Sanjay Govil on Tuesday in New York

Geopolitics to become integral to IT industry: Top Ericsson India official

Geopolitics will define business decisions in the IT industry going ahead, and companies will have to turn their focus on real-time data to stay ahead of the competition, said Amitabh Ray, the managing director of Ericsson Global Services India. Ray said geopolitics can no more be overlooked by IT companies in the aftermath of the Russia-Ukraine crisis and the COVID-19 pandemic. "In the IT industry, we were very happy to keep ourselves away from politics, but now it will become an integral part of information technology, because decisions about places where we can do business and with whom will be driven by geopolitics. We have to adjust to this," he told PTI on the sidelines of a session at INFOCOM 2022, an IT event organised by the ABP Group. The senior company official said business leadership needs to be redefined in today's times, and a key aspect of that is to take into account factors like "nowcasting". "Business decisions will have to be taken on the basis of 'nowcasting',

Aversion to the cloud for engineering operations is fading, shows data

Cloud adoption for engineering and manufacturing grew 2.5x times vis-a-vispre-pandemic levels

Start-up Odisha growth fund gets Rs 1,000 cr commitment, disbursal in 5 yrs

Flags off Hall of Fame 2.0 with TiE Bhubaneswar

IT hiring slowdown to hit Info Edge revenues in second half of FY23

Ongoing investments in 99acres amid rising competition may hinder profitability

Infosys Science Foundation names winners of 14th Prize in six categories

The Infosys Prize focuses on the achievements of the recipients and awards them for their contributions to science and research impacting India

Indian IT, business services market grew 7.4% in first half of 2022: Study

The IT and business services market in the country was valued at $7.15 billion between January and June 2022, according to IDC

Tech Mahindra Q2 net down 4% YoY to Rs 1,285 cr on supply side pressure

Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market

ITC stock slips despite good performance in September quarter

All analysts are bullish on the firm with target prices ranging from Rs 375 to Rs 490

Best of BS Opinion: Headwinds from the West, Xi's China syndromes & more

Here is the best of Business Standard's opinion pieces for today

The glare on moonlighting: It needs creative solutions

The underlying principle of using carrot rather than sticks may work better in tackling a problem that the IT biggies cannot wish away

Industry body Nasscom launches responsible AI hub and resource kit

The resource kit comprises sector-agnostic tools and guidance to enable business to leverage AI to grow scale with confidence by prioritising user trust and safety, the Indian IT industry body said.

Cisco launches India Webex infra, sees permanent shift to hybrid work model

Facility's dedicated data centre will enable Cisco to offer India-specific pricing for its customers, taking down costs by over 50%

TCS beats Street estimates in Q2, net rises 8.4%; attrition remains high

Net profit has crossed the Rs 10,000-crore mark for the first time

Half of all Indian cos set to boost ICT budget post 5G rollout: KPMG study

The report adds that over 85% of Indian enterprises from various sectors are expecting up to 20% return on investments made in 5G and industry 4.0 use cases

Only our India hub has SAP's full product portfolio: SAP Labs India MD

'SAP, it's about retaining talent because, being a product company, we cannot have people staying with us for just a year or so'

IT industry logged 25% attrition in FY22, trend to continue: Report

Non-technology lapping up as employees seek work flexibility and opportunities for career development

Moonlighting not ethical: IBM India's Patel joins IT industry debate

Wipro's leader Rishad Premji and Infosys have warned against practice before

India's hiring outlook ranked second globally: ManpowerGroup report

The report showed that India has the strongest net employment outlook for the December quarter in the Asia- Pacific region, followed by China (46 per cent), and Australia (38 per cent)

TMS Ep253: Reliance FMCG, IT industry, Shapoorji Pallonji, Nord Stream 1

Will Reliance's FMCG entry be another Nirma moment? Will margin pressures end IT's glory days? What next for Shapoorji Pallonji Group after Mistry's death? What's Nord Stream 1 pipeline? Answers here