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Tuesday, 17 March 2020

Coronavirus outbreak to hit Wipro's new deals: ICICI Securities

The tech services, however, does not see any challenges in existing contracts as of now due to virus outbreak that has resulted lock-down across multiple key markets of Indian tech services companies.

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Tech Mahindra, Innoveo partner to drive digital transformation

Through this partnership, both companies will leverage No-Code Platforms to accelerate the launch of custom-built applications for their collective network of clients without software coding in real-time across all banking, wealth management and insurance sectors.

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This IT company is giving two-weeks pay bonus to help employees fight coronavirus

The US-based Workday has announced a cash bonus of two-weeks pay for its employees to help them deal with “unforeseen costs and needs" due to coronavirus outbreak. Apart from that, the company has also announced a relief fund for employees who may need additional support going ahead.

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Monday, 16 March 2020

IT staff working onsite caught between coronavirus and a hard place

Two employees working onsite, including at client locations, in two different European countries told ET that they were “scared” to travel to work locations due to the virus and they cannot opt to work from home because the nature of their jobs requires commuting to work.

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Digital payments slip 30% on Covid-19 curbs

Digital transactions processed by leading firms, both online and offline, are bearing the brunt due to restrictions in place to prevent a Covid-19 outbreak. It has especially impacted the air travel, hospitality and retail sectors. While customer traffic on digital channels are still high, the value of transactions has significantly declined.

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Mphasis appoints Manish Duggar as new CFO

Duggar is a chartered accountant and has served as Managing Partner at Agnus Capital LLP. He was earlier the CFO of Wipro’s IT, BPO and data centre business. He has held leadership positions at Practo Technologies, inMobi and RPG Enterprises.

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Vodafone Idea announces two new affordable prepaid plans

Both the plans offer unlimited calls, 28 days validity, access to Vodafone Play and Zee5, unlimited local/national calls, and 100 SMS per day.

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