Even on a large base, there is enough to be done in software and consulting, says the technology major’s India boss.
Apple Ultra Watch has been made from aerospace-grade titanium to provide the perfect balance of weight, durability, and corrosion resistance. The case rises up to surround all edges of the flat sapphire front crystal, protecting the Retina display, which is up to 2000 nits — 2x brighter than any Apple Watch display yet.
According to IIT Bombay, this year’s theme gives young minds a platform to seek solutions for a better and more inclusive living experience for the urban populace. It takes into account climate change and better provisions for persons with disabilities (PwD). The Challenge allows students to form multi-disciplinary teams from different institutions and domains.
SourceFuse Co-CEO and Co-Founder Gautam Ghai told PTI that for the past three years, the company has been doubling revenue every year.
The optimistic commentary from the Infosys management comes even amid talks that the global economy may be facing an increased risk of recession.
He will continue to base out of the US and will work closely with the advisory team, led by Akshat Babbar, in the sourcing, identifying, evaluation, management and exit related activities in relation to investments made in this sector.
It added 6,862 employees during the quarter to take its total headcount to 1.58 lakh.
Jalona has spent three decades in the IT services sector and as the CEO and Managing Director at Larsen & Toubro Infotech, he led LTI’s digital transformation into a technology and digital solutions company with client-centric innovation.
Wipro's revenues rose 19 per cent to Rs 21,529 crore in the quarter under review as compared to Rs 18,252.4 crore in the same quarter last fiscal.
As per a report brought out by NASSCOM and IHS Markit, Indian technology companies are continuing to grow their presence in the US and have become a vital part of the US economy’s innovation progress.
Sequentially, Mindtree's profit dropped marginally in Q1FY23 from Rs 473.1 crore in March quarter (Q4FY22).
Revenue from operations also grew 16.9 per cent YoY to Rs 23,464 crore for the first quarter of 2022-2023 as against Rs 20,068 crore in the same quarter last fiscal.
While commenting on the fall in operating profit margins, Rajesh Gopinathan, chief executive officer and managing director, TCS said, “This is the bottom where we do our annual wage increases and promotions. The total impact of that on our profit and loss is about 150 basis points.”
The company announced its results post-market hours. Earlier in the day, shares of the company closed 0.67 per cent down at Rs 3264.85 while the benchmark equity index BSE Sensex settled 303 points or 0.56 per cent, higher at 54,481.84.
TCS said its revenue rose 16.17 per cent YoY to Rs 52,758 crore in June quarter from Rs 45,411 crore in the corresponding period last fiscal.
The moderation from 19 per cent to 12-13 per cent will be the highest in the last eight years, the report added.
With a strategic focus on education and workforce development, these grants are expected to impact over 40,000 individuals across India, said the company known for customer relationship management (CRM) offerings.
Self-regulation is a first step in the direction of making social media accountable, followed by industry regulation, and then government regulations, the union minister said.
The corporate result season for India Inc. is set to kick off this week with information technology major Tata Consultancy Services' earnings on July 8. There are expectations that wage increments, higher retention costs, increased travel costs and a drop in utilisation levels may hit the margins of the IT sector in Q1FY23. Here's all you need to know ahead of the earnings season.
With $4.8 billion in venture capital invested in the industry in 2021, nearly 3 times as much as in 2020, the SaaS market in India has already reached a critical turning point, noted a report by Bessemer Venture Partners.
This comes after the cybersecurity agency acknowledged receiving several requests from MSMEs for an extension of the timelines for the agency's April 28th-issued Cyber Security Directions.
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