Page 21 - It Sector

Give incentives for sectors impacted by economic meltdown: IT leaders

ICEA recommended reducing the inputs of the open cell at zero duty

IT and start-up hiring to stay muted in 2023, niche tech roles to keep pace

This layoff period, coupled with a lull in hiring, is expected to last over the next two or three quarters, say experts

Google cuts add to tech wipeout that has claimed over 100,000 jobs

Big tech companies benefitted from boom in e-commerce sector that kicked off during Covid lockdowns in 2020 but now they are reporting declining growth rates as customer behavior returns to normal

Digital India Act to be more principle-based: MoS IT Chandrasekhar

The ministry of electronics and IT has introduced the Digital Personal Data Protection Bill, the National Data Governance Framework policy, and IT Rules, 2021, in the last two years

TMS Ep347: IT Q3 results, Auto Expo 2023, markets, Ganga Vilas cruise

What do IT results indicate about the sector's future? What makes Auto Expo 2023 different? Will the rupee continue to gain strength? What is the Ganga Vilas cruise? All answers here

Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit

Top IT players Q3 reports show resilience in strategy, beat macro uncertainty

IT may turn the corner, banks' outperformance to continue: ABSL AMC CEO

India is likely to see broader economic growth going forward, equity should be the preferred asset class, the Aditya Birla Sun Life Asset Management Company CEO says

Q3 earnings from IT majors, macro data to drive markets this week: Analysts

Trend in the equity market will be guided by a host of factors lined up this week, including inflation numbers, IIP data and quarterly earnings from IT majors, analysts said. Global cues, movement of the rupee, Brent crude oil and foreign funds will also influence Dalal Street this week, they added. "We have important macroeconomic numbers this week, as our IIP and CPI inflation will be announced on January 12. On the same day, China and the US will also come out with their inflation figures. "The Q3 earnings season will kick off with IT major earnings this week, including TCS, Infosys and HCL Tech," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Last week, the Sensex lost 940.37 points or 1.55 per cent, while the Nifty declined 245.85 points or 1.36 per cent. The Indian equity markets have begun the New Year on a slightly cautious note, in line with the global markets, continuing the trend visible in December 2022, said Milind Muchhala, Executive Director, Julius

Age of celebration of tech for tech's sake is over, says MS CEO 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. The idea that there is digital ...

TMS Ep339: Online gaming, EV revolution, IT sector, Digital University

Will self-regulation work for online gaming in India? Will commercial vehicles drive the EV revolution? Will IT sector succumb to global headwinds? What's the National Digital University? Answers here

Indian firms lead in intending to hire first-time jobseekers: Report

IT sector expected to hire 100,000 freshers in FY23 to meet the rising demand

Amid global recession fears, IT firms may go slow on hiring in 2023: Report

The hiring rate for the IT sector is likely to grow by only 10 per cent in 2023, almost half of the 15-20 per cent rise seen this year

Data Bill to cause a behavioural change in firms: Rajeev Chandrasekhar

MeitY to come up with all rules of the bill before tabling the bill in the parliament: MoS IT

Flexi staffing grew 6% in July-Sept, added 78,000 new jobs: Report

78,000 new workers added in this period, marking third straight quarter of growth

I'm last of the jokers left; no plan B after I leave Infosys: Nilekani

'I was completely wrong,' Murthy rues not allowing founders' children to join the company

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

Govts to spend $11.6 billion on tech in 2023, says Gartner report

The projected spending is $11.6 billion in 2023, the report said

Layoff fallout: Outplacement firms have their hands full with flood of CVs

Tough trade-off: Companies want job guarantee for people they've laid off, but on a bargain

Govts across world, forums lag behind in regulating Big Tech: MoS IT

Governments across the world and internet forums have lagged behind in rulemaking for big technology players for their innovations that can cause harm to society, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Sunday. Speaking at the India Internet Governance Forum (IGF) hosted by FICCI, Chandrasekhar further said the internet, which has been a force for good, has also increasingly begun to represent risk, user harm and criminality. "For too long governments of the world and indeed, IGF and most forums have lagged behind these big private platforms, big tech platforms in terms of the do's and don'ts and the rulemaking that are required. "We treated them for very long as innovators and innovations rather than deal with them as innovations as well as those innovations potentially being able to cause harm and create other disruptions to society and people," Chandrasekhar said. He said safety and trust are core issues for the government to address, especially ...

Mondelez Intl expands multi-year cybersecurity contract with HCLTech

HCL will also use its automation and AI capabilities to help Mondelez provide on-demand personalised user experience and accelerated issue resolution to 110,000 employees in 79 countries