One Intel employee in Bengaluru potentially exposed to coronavirus, under quarantine

The company said it is monitoring the coronavirus situation closely and working to ensure that its employees have the information and resources they need to stay safe and informed.

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Infosys sees a billion dollar in the cloud

Infosys held its annual management planning session last week to take stock of its initiatives and plan for the next financial year. A key goal is to ensure that the Bengaluru-headquartered IT services exporter ends the ongoing fiscal year at a fast growth clip, which will set the stage for the next.

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Infosys inks strategic long-term partnership with K+S AG

K+S AG is the worlds largest salt manufacturer and Europe's biggest supplier of potash, according to an Infosys statement. As part of this partnership, Infosys would help K+S become more sustainable by navigating it to the nextgeneration hybrid cloud data centre, the statement said.

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Rs 42,000 crore booster from government for India's local mobile manufacturing

According to a report in the Times of India, the production-linked incentive scheme will benefit high end mobile manufacturers and domestic makers the most. The scheme will help in boosting local production of mobile phones and wean away Indian manufacturers from their dependence on China.

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Huawei to ink deal with OSLabs to negate Google app store challenge

Huawei is building alternatives to Google’s service suite called Google Mobile Services (GMS) since there is uncertainty on the use of GMS on the Chinese firm’s phones following restrictions announced by the US government earlier this year. GMS includes Gmail, You-Tube, Navigation, Google Drive and Maps.

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Different metric for digital: Cognizant

Digital contributes more than 30% to Cognizant’s revenue and is growing at over 20% year on year. Digital is a key area for Cognizant under CEO Brian Humphries. Since Humphries took over last April, the company has begun a process of cutting thousands of jobs and has removed or let go a significant number of senior level talent as it begins to flatten its hierarchy.

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Healthy outlook from US banks is good news for Indian IT

US banks, including Citibank, JP Morgan, Goldman Sachs, Wells Fargo and Bank of America have said they would continue to invest in technology to improve internal efficiencies and towards new products and services. Tech spending has been rising in largest and top regional banks in the US, and this has improved the contribution to incremental revenues and growth across Indian IT.

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