IT news
Infosys Q3 net vaults 23.5% to Rs4,457 crore
10 Jan 2020
Infosys also increased its FY 20 revenue guidance to 10.0-10.5 per cent in constant currency, while maintaining operating margin guidance range at 21-23 per cent
Transformation of Logistics sector with AI and other Modern Technologies
10 Dec 2019
The capabilities of AI are seriously ramping up company efficiencies in the areas of predictive demand and network planning
Larry Page and Sergey Brin step down; Pichai to head Google and Alphabet
04 Dec 2019
“There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future,” Larry Page and Sergey Brin stated in a letter they wrote about the transition at blog.google
IT companies look to cut jobs in India as hiring in US rises
11 Nov 2019
Forced to hire more in the United States, major IT companies, including TCS, Wipro and HCL, are doing a balancing act by cutting jobs in India and beefing up in new areas of digital technology and AI
Infosys employees group accuses CEO Salil Parekh of financial fudging
21 Oct 2019
In a letter to the board of Infosys, the employees have alleged that they were told not to report costs in recent quarters in a bid to inflate profits, adding that during the current quarter, there is pressure not to recognise $50 million of the costs incurred by the company
Govt seeks details of top 5 sellers on Amazon, Flipkart
21 Oct 2019
Traders body CAIT alleges an unholy nexus among e-commerce firms like Amazon and Flipkart, brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and various banks that tend to distort prices of different products on online portals
Infosys Q2 net down 2.2% at Rs4,019 crore
11 Oct 2019
TCS fails to impress with a 1.8% rise in Q2 net to Rs8,042 cr
11 Oct 2019
TCS, which heavily relies on banking clients, was hurt by dampening of IT spending by financial clients, while the escalating trade war between the United States and China, as well as Britain’s planned exit from the European Union also dampened demand for its products and services
US, UK and Australia seek keys to Facebook’s encrypted messages
04 Oct 2019
Facebook, which expanded the use of encryption following global criticism for its failure to protect the data of its users, now faces government demand to allow snooping operations
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