Dealing with social media backlash over the ₹2.52 lakh annual wage provide for freshers, IT large Cognizant on Sunday stated it affords ₹4-12 lakh wage to contemporary engineering graduates, and the wage being quoted on social media is for non-engineering undergraduate diploma holders. The agency additionally confronted social media ridicule for doling out annual wage … Read more
At a time when the IT trade is dealing with robust instances, IT main Cognizant introduced a significant enlargement plan. The corporate stated it is going to arrange a 10-lakh sq ft facility in Hyderabad, creating 15,000 new jobs. The brand new centre can home 20,000 workers. Additionally learn: IT corporations’ margins hit a three-year … Read more
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At the same time as no clear indication emerges on the time-frame by which tech spends are anticipated to return again, prime IT agency Tata Consultancy Serivces signifies that generative AI can open frontiers for brand new demand. On Friday, Tata Consultancy Providers launched a brand new AI platform, TCS AI Knowledge Subsequent. The platform … Read more
IT main Infosys has been fined an quantity of $3,142.02 (round ₹2.60 lakh) by the Texas Comptroller of Public Accounts, USA. The penalty was imposed resulting from non-payment of gross sales tax for the interval of April 2024, in line with a regulatory submitting. Additionally learn: Mcap of 8 of 10 most valued corporations erodes … Read more
Healthcare organisations lose an estimated 20 per cent of their delicate knowledge in each ransomware assault, mentioned a report on Thursday, including that 69 per cent of the Indian data know-how (IT) and safety leaders, reported that software program as a service (SaaS), had probably the most malicious cyber exercise in 2023. Additionally learn: India … Read more
IT main Wipro, in simply the final week, has seen two high degree exits beneath its new CEO, Srini Pallia. The change in management, is anticipated to set off some extra exits within the organisation, expertise introduced in by the ex-CEO, Thierry Delaporte usually tend to exit. Additionally learn:IT firms to amp up off-campus … Read more
Titan Intech, a number one IT, Information Centre Institution and digital enterprise transformation firm, will maintain its board assembly on Might 21 to think about and approve the allotment of bonus shares. The announcement comes on the heels of the corporate’s higher monetary efficiency and dedication to rewarding its traders, mentioned the corporate in a … Read more
Indian tech firms to witness a 46 per cent hiring growth in 2024, regardless of 31 per cent of engineers experiencing a hiring freeze, based on a report by Flexiple. Additionally learn:Solely 4% of Indian firms prepared for contemporary cybersecurity dangers A big variety of engineers (35 per cent) have observed a hiring slowdown with … Read more
Throughout a relaxed two-hour assembly over lunch in Chennai just lately, Balaji Vaidyanath, CEO and CIO of NAFA Asset Managers explains his funding strategy and philosophy. NAFA runs three PMS schemes at the moment. He manages property in extra of ₹1,150 crore. Edited excerpts from the dialog: Your newest PMS providing on the clear tech … Read more