Thursday, 11 June 2020

View: Indian IT looking at new opportunities post Covid-19

Stanford Professor, Nicholas Bloom’s research had indicated that work from home led to a performance increase of 13% and lower attrition and even recent studies by corporates are finding similar results. A software development company, Metova, has reported that 50% of its employees say they get more work done from home than the office.

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Chinese smartphone brands turn to imports for India market as plants struggle: sources

Although manufacturing facilities in India have been allowed since May to resume operations, several smartphone plants are still grappling with labour shortages making it difficult to meet demand that built up during nearly two months of lockdown when sales of phones were not allowed, the sources said.

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Infosys shrinks top management, grows number of lower-level positions

The company, which released the data in its latest sustainability report, said the number of top-level employees fell by 5% to 926 positions in the fiscal year 2020 from a year earlier. The number of senior-level employees dipped slightly to 30,013 in the same period.

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Wednesday, 10 June 2020

Indian IT firms' digital revenue crosses $50 billion

Barely three years ago, there were analysts who looked at the advances in technology, in new digital areas like AI/ML, sensors and robotics, and were convinced that Indian IT was not responding to these changes.

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Sumit Gupta: For whom the BellTrox

Little-known Delhi firm BellTroX helped clients spy over a period of seven years.

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Now, TPG looks to join Jio juggernaut with billion dollar bet

Jio Platforms has already raised Rs 97,885.65 crore (nearly $13 billion) by diluting a 21% stake through eight transactions in seven weeks to a host of strategic and financial investors, starting with Facebook.

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Indian team among top three solutions selected for Call for Code 2020 Challenge

The app uses an AI chatbot to gather info from individuals who are facing a new normal with stay-at-home or quarantine orders, and provides info to medics to help them understand patterns of the virus in their immediate area. It has been designed to be a comprehensive medical assistance system that could reduce the stress on over-taxed medical systems.

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HPBOSE 10th Result 2022 LIVE Updates: Himachal Board HP 10th result today at 11, check details here

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