Page 13 - Tech Companies

Intentional about expanding beyond metro cities, says IBM India

'In India, we have had a multi-city approach where we wish to be closer to where our clients are. Software Labs, System Labs and Research Labs are all in different locations'

Mutual funds cut flab in RIL, Airtel to bet on blue chips in August

Industry players said domestic funds decided to book profits on valuation concerns around strong influx of foreign flows

Bengaluru deluge: Tech companies pour out woes before Karnataka IT Minister

Technology companies, which bore the brunt of recent flood due to heavy rains in the city, on Wednesday aired their grievances before Karnataka IT/BT Minister Dr C N Ashwath Narayan, urging him to find a solution to the rain-related woes. At a meeting convened by Narayan to discuss the problems caused by the unprecedented rainfall, the representatives of several IT companies said their primary concern was to bring to the notice of the government the miseries they faced and the losses incurred. In reply, the Minister assured them that the state government will help find a permanent solution to the infrastructural issues in the Mahadevpura zone, which witnessed water-logging, by next year. Narayan also sought the cooperation of tech companies to retain the status of 'Bangalore Brand'. A virtual meeting will be conducted every month from now on to resolve the grievances of entrepreneurs, a statement issued by the office of the Minister. He also said that the government will examine ..

Unacademy CMO Karan Shroff quits firm year after being made partner

CEO recently said edtech unicorn may see a funding dry spell for at least 12-18 months and it would cut costs

India's outbound deal value at $7.6 billion, rises for third year in a row

US upstages UK as biggest target for outbound deals in 2022

We back companies where tech is an enabler, not the hero: C4D Partners CEO

Our crucial thesis is that the business model is woven around a societal problem, said CEO Agarwal

Big tech under Parliamentary panel lens for alleged anti-competition play

Top execs of Indian arms of Apple, Google, Amazon, Netflix and Microsoft quizzed about impact of their business models on small players.

Apple lays off recruiters in a push to rein in hiring and spending

About 100 contract workers were let go in a rare move for Apple, the world's most valuable company

Poised for higher growth: Digital India revolution is on a sound footing

Boldly embracing technology-based interventions will empower people and enable New India to attain the desired level of sustainable and inclusive growth

Facing unfair competition from global tech giants, says domestic players

Top executives of 8 domestic tech firms, including Paytm founder Vijay Shekhar Sharma and OYO's Ritesh Agarwal, deposed before a parl panel and said they face unfair competition from big tech firms

Parliamentary panel to meet tech firms representatives today amid concerns

Amid concern over anti-competition, the Parliamentary Panel on Finance will meet tech firm representatives on Thursday

Parl panel summons Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal

BJP leader and former Union minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects of competition in the marketplace

How the Right to Repair rule can cut short your visit to the service centre

The tech and auto industry expects the 'Right to Repair' policy to provide recognition to the largely unorganised third-party repairs sector through increased availability of original spares

R1-RCM to recruit 3,000 people by Dec; set up new centre in Chennai

According to company officials, the healthcare KPO (knowledge process outsourcing) was hiring for various positions across roles at the Chennai office

Apple becomes latest major tech company to rein in hiring, spending plans

The iPhone maker is looking to limit expenditures and job growth at some of its divisions, Bloomberg reported Monday, though Apple hasn't adopted a companywide policy

Captive 5G play: BIF refutes claims on backdoor entry of tech companies

Industry body Broadband India Forum (BIF) on Friday said suggestions that captive networks should bid for spectrum in auctions is "extremely irrational". BIF refuted the "misinformation" being propagated to demand a level playing field between two completely different sets of services, public and private networks. The comments came a day after telcos' body COAI - which represents Reliance Jio, Bharti Airtel, and Vodafone Idea - claimed that administrative allocation of spectrum for private 5G networks will be against tenets of fairness. The Celluar Operators' Association of India (COAI) had lauded use of open bidding and transparent auction route by companies seeking 5G airwaves. COAI had alleged that administrative allocation of spectrum for captive 5G networks is against principles of level playing field and effectively provides a "backdoor entry" to big technology players to provide 5G services and solutions to enterprises in India without equivalent regulatory compliance and

Startups should think of credit solution for small businesses: Vaishnaw

Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market

Japanese tech giant Toshiba's shareholders approve 13 nominations to board

Chief Executive Taro Shimada, who oversaw the annual shareholders' meeting in Tokyo, said the majority had voted to OK that plan

Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

What next after 5G? Battle over delicensing of valuable 6-GHz band

Global tech giants want the entire 1200 MHz of spectrum in this band delicensed while Indian telcos want it licensed for 5G services