As part of this, the company will trim its workforce at job level (JL) 7 and above, those in the ranks of delivery managers, industry principal (the JL7 equivalent for consulting roles), AVPs, VPs and SVPs.
IDC has now projected the smartphone market in India could hit as low as 130 million handsets as compared to earlier estimate of 140 million. Counterpoint has just revised its outlook pegging the industry at 137 million from earlier outlook of 142 million.
Tech companies like Infosys, ThoughtWorks, Tata Comm, Citius Tech, Hero Electronics are looking to leverage opportunity created by Covid-19 disruption. Infosys expects Covid-19 to lead to higher digitisation in manufacturing.
The IT services provider highlighted that the pandemic could pose a major risk going forward as key clients across the United States, Europe and other prominent markets cut costs due to the prolonged economic impact of the outbreak.
The new entity, according to two sources with knowledge of the developments, is likely to provide Information Technology and IT enabled services support to all of ByteDance’s platforms worldwide, including in India.
The Teaneck, New Jersey-based IT services provider earns around 38% of its $16.8 billion revenue from digital businesses, which include helping clients shift applications to the Cloud, marketing online and on social media and building applications for smartphones and maintaining them at scale.
Revenue from Tata Sons as well as subsidiaries and associates grew to nearly Rs 2,656 crore compared to a more than 13% growth to Rs 2,566 crore in financial year 2019, when the software services exporter capitalised on the group's new technology initiatives.
IDC has now projected the smartphone market in India could hit as low as 130 million handsets as compared to earlier estimate of 140 million. Counterpoint has just revised its outlook pegging the industry at 137 million from earlier outlook of 142 million. Last year, India had sold around 154-158 million smartphones.
Infosys, co-founded by Sunak's father-in-law Narayana Murthy, said it had used the furlough - or forced leave - option for 3% of its staff in order to tide through the lockdown. "In light of the current situation, Infosys has furloughed 3 per cent of its UK workforce. We are reviewing this on a weekly basis,” Infosys told ‘The Sunday Times'.
Infosys has withdrawn its growth guidance for the first time citing uncertainties in clients’ business in the wake of the pandemic. The company said in the filing that some of the specific “consequent risks related to the occurrence of Covid-19 that have materialized” include delay and suspension of some existing services projects.
A significant development to this debate is the recent feud between US President Donald Trump and Jack Dorsey, CEO of Twitter. While, on its surface, it is a battle between two powerful Americans, it can have longlasting effects on how we consume media in India.
“India must be a leading country in the development of Artificial Intelligence in the world, leveraging upon its vast Internet savvy population and data it is creating. India’s AI approach should be of inclusion and empowerment of human being by supplementing growth and development rather than making human beings less relevant,” Prasad said.
In India, the government has been looking to make social media sites more accountable for content on their platforms.
The payouts have been made over the past few weeks to more than half its 2,00,000 employees in India across technology and business process management centres, multiple sources said.
The government is also in discussions with a third Apple contract manufacturer, Pegatron, to relocate part of its manufacturing to India, the official said.
More than half of the agency’s 18,700 employees may be furloughed beginning July, the USCIS is believed to have informally told staff, according to a letter sent by Everett Kelley, the national president of the American Federation of Government Employees, to the US Senate and Congress.
India has been facing a challenge of misinformation on a large scale and has had to deal with situations such as mob lynching due to unchecked hate speech and fake news on social media.
The acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.
The Indian government has been in the process of finalising amendments to the IT Intermediary Guidelines, which will require platforms to verify their users in order to discourage anonymous posting and need companies like WhatsApp to trace the origin of unlawful messages on court orders, among a host of measures to pin greater responsibility on companies.
The move to speed up such a club comes as the UK launched an inquiry into Huawei's involvement in the country's mobile network upgrade in the wake of US sanctions against the company.
Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgemini’s Global Financial Services Strategic Business Unit before moving on to head the company’s Latin American operations.
Of the nearly 100,000 form-based attacks detected between January 1 and April 30, Google file sharing and storage websites were used in 65% of attacks, making up 4% of all spear-phishing attacks in the first four months of 2020.
In a blog post, Google said its Threat Analysis Group (TAG) tracks more than 270 targeted or government-backed groups from over 50 countries. It, however, did not clarify which governments have targeted these users.
The business should stabilise in the second half of 2020-21 as the world comes out of the COVID-19 pandemic, its co-founder, Managing Director and Chief Executive Kishor Patil told .
Following the national lockdown which was announced in the US about two months ago, application and petition receipts have dropped to half, impacting the ability of the agency to continue to function effectively. The USCIS relies primarily on income from visa processing to keep itself running.
India's High Commissioner to Singapore Jawed Ashraf further noted that building digital connectivity and partnerships with Singapore and ASEAN countries, is a priority for India and highlighted how technology has been used effectively to achieve public policy goals in the country during COVID-19 disruptions.
Covid-19-hit global companies look to shed costs and outsource work to large services firms to offset demand slowdown in the European and US markets
Deepak M Satwalekar has been the Managing Director of HDFC Ltd and subsequently the Managing Director and CEO of HDFC Standard Life Insurance Co. Ltd. He has also been a consultant to the World Bank, the Asian Development Bank, the United States Agency for International Development (USAID) and the United Nations Human Settlements Programme (UN-HABITAT), the statement said.
Delaporte was the Chief Operating Officer of Capgemini Group and a member of its Group Executive Board.
MeitY officials are expected to approach the finance ministry as early as next week with a detailed proposal for the Software Product Development Fund (SPDF), according to three sources aware of the developments.
The partnership, which was signed in 2018 will now include Symantec Enterprise Division (SED) consulting services, which was part of Broadcom’s enterprise security solutions. As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.
In an interview with ET’s Brinda Sarkar, Sumeet Doshi, country manager - India, Kronos, says organisations need to space out how employees join shifts and workforce management solutions can play a critical role in helping organisations plan these staged arrivals.
Fraudsters have managed to steal from hundreds of bank accounts by either impersonating acquaintances of account holders, tricking tipplers desperate to buy liquor online, or deceiving those searching for service providers.
Mitron saw a 4x jump in downloads to 5.4 mn between April and May 25, according to data from Sensor Tower. Listed by its parent company Shopkiller.in, it has bagged a rating of 4.7 out of 5 on the Google Play Store. The news comes at a time when India user downloads for TikTok fell drastically by 48% from 35.7 mn to 18.5 mn between March and May.
Industry lobby group National Association of Software and Services Companies (Nasscom) has sought furloughs and temporary layoff of surplus employees, relaxing daily and weekly work-hour limits, allowing women to work at night from home and a self-declaration regime to comply with government rules.
Last month, the feature was launched only in a few cities. The feature referred to as Spot by the company is a commerce layer on the app. It enables businesses to open mini digital storefronts within the payment app where users can browse for products and services.
Pune-based Persistent Systems has, along with the Biocomplexity Institute, created Covid-19 response solutions for nurses as well as mobile apps for patients.
In a study titled ‘Cloud Adoption & Risk Report – Work-from-Home Edition’, based on anonymized and aggregated data from more than 30 million McAfee MVISION Cloud users worldwide, the firm revealed potentially long-lasting trends that include an increase in the use of cloud services, access from unmanaged devices and the rise of cloud-native threats.
The complaint alleges the U.S. tech giant more prominently showcases its Google Pay app inside its Android app store in India, giving it an unfair advantage over apps of competitors which hurts consumers, the source added.
Omni-channel goods’ resellers such as OLX, Quikr, Cashify and Yaantra are witnessing a flow in demand towards the organised refurbished and pre-owned smartphone market in just over a week of easing of lockdown restrictions. The major challenge for the industry as of now though is the continuous supply of smartphone parts from China which is expected to normalise in 5-6 weeks
India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US. Morgan Stanley projected India's 670 million internet users to rise to 914 million by 2027 and online shoppers to jump to 590 million from 190 million in 2020.
Sankarlingam comes to Zoom after more than nine years at VMware, where he was most recently Senior Vice President, Cloud Services Development and Operations. Reporting directly to Zoom CEO Eric S. Yuan, Sankarlingam will oversee the company’s engineering, product, and dev ops teams.
ET wrote to Nokia to find out how many employees from the Sriperumbudur plant had tested positive and is awaiting a response from the Finnish firm. The factory had resumed operations under the standard operating procedures that had been laid down by the State government as the lockdown norms were eased for the manufacturing sector, in a bid to revive the economy.
New Jersey headquartered Cognizant has announced a voluntary separation package (VSP) for its US employees. Due to the slowdown in demand and fewer contracts, the company is shedding the number of employees without active projects.
Around 400 executives holding the title of directors, senior directors, associate vice-presidents (AVPs), VPs and SVPs, would be asked to leave the firm, sources said. This would be done in a staggered manner.
Enterprises are starting to review their digital presence and security posture more closely. Skills needed to ramp up on digital products and services, infrastructure services and cybersecurity are all geared towards sustaining and building communication, collaboration capabilities and culture in a virtual operating model.
Nokia did not disclose how many workers at the plant in Sriperumbudur in the southern state of Tamil Nadu tested positive, but a source familiar with the matter said they were at least 42. The outbreaks at Nokia and OPPO underline the challenges of easing the two-month nationwide lockdown.
The government hopes to leverage the expertise of top technical brains in the country to improve the platform by releasing the source code, which has been a key demand of privacy experts. The platform has been aiding frontline workers in the fight against the pandemic.
Wipro’s products and platforms have been instrumental in helping clients deal with the impact of the Covid-19 pandemic, said the company in a press release.
The report titled 'Gaming - India Story' said the Indian gaming industry currently valued at USD 930 million and is expected to grow at 41 per cent annually. By 2024, the gaming industry in India is set to be valued at USD 3,750 million, it added.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
