IT news
Artificial intelligence needs to be socially responsible, says new policy report
11 May 2018
The development of new Artificial Intelligence (AI) technology is often subject to bias, and the resulting systems can be discriminatory, meaning more should be done by policymakers to ensure its development is democratic and socially responsible
GST Council decides to take over GST Network
04 May 2018
GSTN handles large-scale invoice level data of millions of business entities, including data related to exports and imports and it is ideal that GSTN be converted into be a fully owned government company, the GST Council said
Alphabet’s Q1 net zooms 73% to $9.4 bn; revenues up 26% at $31.15 bn
24 Apr 2018
While Alphabet’s worldwide ad sales increased to $31.1 billion, advertisers are likely to limit ad-buying this year as they start complying with the new European policy, known as General Data Protection Regulation, say analysts
TCS hits $100 bn in market cap, overtakes RIL as India’s most valuable firm
23 Apr 2018
The $100 billion figure is larger than the entire GDP of 128 countries and also more than the market capitalisation of all stocks on the Pakistan Stock Exchange, putting Tata Consultancy Services in league with Amazon and Facebook
TCS Q4 net rises 4.5% to Rs6,904 cr; revenue up 8.2% at Rs32,075 cr
20 Apr 2018
The company announced a final dividend of Rs29 per share, taking total EPS to around Rs137, and proposed a 1: 1 bonus issue of equity shares
Aadhaar leakage has potential to influence elections: SC
18 Apr 2018
The bench referred to the testimony of Facebook CEO Mark Zuckerberg before the US Congress to press home the point that technology could be used to rig elections even as it red-flagged certain provisions of the Prevention of Money Laundering Act (PMLA) and Rules made under it
Infosys making small sacrifices for big gains in future, says CEO
18 Apr 2018
Salil Parekh said Infosys is investing heavily in advanced technologies, including cloud computing and the Internet of Things, that would open a potential market of $200 billion, but he said, the returns would take time to materialise
Infosys to acquire Wongdoody
14 Apr 2018
Infosys to sell subsidiaries Panaya and Skava
14 Apr 2018
Infosys fourth quarter net up 2.4% at Rs3,690 crore
14 Apr 2018
For the full financial year, Infosys reported an 11.7-per cent increase in net profit at Rs16,029 crore on revenues of Rs70,522 crore while projecting a revenue growth of 6-8 per cent in constant currency terms and 7-9 per cent in dollar terms