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Information technology News
NTT Com India– Netmagic partners with Nokia venture to enhance network
Tue, Feb 20, 2018
SD-WAN service enables enterprises to automatically route and optimise network traffic
Karnataka government to fund entrepreneurs, startups across the country
Mon, Jan 08, 2018
Karnataka government is all set to start funding technology startups based across the country by calling them to register in Karnataka, IT minister Priyank Kharge told ET.
Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 crore
Thu, Jan 04, 2018
Infosys CEO Salil Parekh will be paid a fixed salary of Rs 6.5 crores and would be eligible for variable pay of Rs 9.75 crores at the end of the 2018-2019 fiscal year, according to a top company executive.
Embattled IT sector set to press reset button in 2018
Sun, Dec 31, 2017
What doesn't kill you, makes you stronger. That's probably the prescription pill for the USD 150 billion IT industry that faced multiple headwinds in the form of increased visa scrutiny and slowdown in client spending this year.
As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students
Sun, Nov 05, 2017
Indian IT industry is in short supply of jobs to offer fresh recruits. However multinational companies are now looking to hire Indians for their operations.
Services sector attracts 60% of jobs in FY17; IT still on top
Wed, Aug 16, 2017
Job opportunities were the highest in the services sector in India last fiscal.
Hike acquires Bengaluru-based Creo
Fri, Aug 11, 2017
Hike acquired the Creo Team which will work together on a developer platform.
Govt admits that India's IT sector is now creating less and less new jobs
Wed, Aug 09, 2017
The net additions of IT professionals has dropped since FY15 however total employees in the sector have grown in FY17.
Despite muted performance in Q1FY18, TCS, Wipro, Infosys met estimates
Fri, Jul 21, 2017
According to analysts, Tata Consultancy, Wipro and Infosys were expected to report muted financial performance for the April- June quarter, with margins coming under pressure on account of rupee appreciation and wage revision.
Wipro announces up to $1.7 billion share buyback as second-quarter forecast disappoints
Fri, Jul 21, 2017
Wipro Ltd, India`s third-largest software services exporter, announced an up to 110 billion rupee ($1.71 billion) share buyback on Thursday, overshadowing a tepid revenue forecast that fell short of market expectations.
Paytm aims to sell gold worth $200 million this year
Thu, Jul 20, 2017
Paytm plans to sell 5 tonnes of gold valued around $200 million this year, the digital payments firm said on Friday, as it strives to develop a viable business from its e-wallet platform.
CCI approves SoftBank's 20% stake acquisition in Paytm's parent One97 Communications
Tue, Jul 18, 2017
CCI has approved stake acquisition by SoftBank in Paytm's parent company - One97 Communications.
Six out of top 10 most influential brands in 2016 were IT companies
Mon, Jul 17, 2017
Information Technology companies were some of the top 10 most influential in India in the last year.
TCS says attrition is down, women employee count at all-time high
Thu, Jul 13, 2017
TCS' attrition rate was lower than the same period last year. The company had a higher number of nationalities join them in this quarter.
Paytm Gold allows for storage locker facility with MMTC-PAMP
Wed, Jul 12, 2017
Apple to build second renewables-powered data centre in Denmark
Tue, Jul 11, 2017
Apple Inc said on Monday it will spend 6 billion Danish crowns ($921 million) on a new data centre in Denmark, its second in the Nordic country to run entirely on renewable energy.
Anand Mahindra apologises over techie's firing
Sat, Jul 08, 2017
At the end of December 2016,Tech Mahindra had over 1.17 lakh employees.
Microsoft to cut up to 4,000 jobs
Fri, Jul 07, 2017
Technology giant Microsoft is undertaking a major reorganisation in its sales and marketing units that will likely see the company cutting about 4,000 jobs from its workforce, mostly outside the US.
Microsoft to reorganize sales and marketing teams
Tue, Jul 04, 2017
Microsoft will undergo a reorganization that will impact its sales and marketing teams, company executives told employees on Monday.
Samsung plans $18.6 billion South Korea investment amid chip boom
Tue, Jul 04, 2017
Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won ($18.63 billion) in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.