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Wednesday, 3 June 2020

IT firms not in a hurry to get their staff back in office

As Covid-19 infections started to climb in March, the $147 billion Indian outsourcing industry moved to a work-from-home model across the country. Now, it is in no hurry to go back to old ways.

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Infosys spent Rs 3,302 crore for buys last fiscal

Infosys said at the beginning of last fiscal year that it had 25 direct subsidiaries and 34 step-down subsidiaries. As on March 31 this year, it reported 23 direct subsidiaries and 52 step-down subsidiaries.

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Snapchat stops boosting Trump posts for inciting 'racial violence'

"We are not currently promoting the President's content on Snapchat's Discover platform," Snapchat said in response to an AFP inquiry referencing the youth-focused social network's section for recommended content.

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No rush to return techies to campuses, say IT companies

As Covid-19 infections started to climb in March, the $147 billion Indian outsourcing industry moved to a work-from-home model for its over 4 million workers across the country. They took permissions from clients for the unprecedented move, shipped desktops and set up security protocols.

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IdeateLabs elevates Porus Jose to CCO, strengthens creative leadership with two new appointments

Vrutika Dawda, director, IdeateLabs, added, “Porus is an integral part of the think tank at IdeateLabs and has contributed immensely to the growth of the agency. Adding Ash and Sajid to the team will up the ante of our creative offerings. The idea is to make them the brand custodians, and inculcate the sense of ownership, accountability and responsibilities in the creative function.

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Gear makers want government to address cost disadvantages vis-a-vis overseas markets to push local production

“Global vendors have also recommended that such a PLI should factor in a network vendor's R&D costs -- a significant chunk of local manufacturing costs -- and be linked to incremental equipment production catering to both domestic and export markets,” a top executive of a leading global networks gear maker told ET.

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IBM, Persistent Systems collaborate on IBM Cloud Pak deployment and core IT modernization for enterprises

Pune-based Persistent also announced a new IBM Cloud Pak deployment practice to help organisations migrate and modernise IBM workloads across all cloud environments, including IBM public cloud and IBM Cloud services.

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