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Lenovo, a global technology powerhouse, takes another significant step in its commitment to India th...
A former employee Radhaballav Nath of ManpowerGroup Service Private Limited has cheated his employer...
The deadline for filing the Income Tax Returns ITR filing expires today for taxpayers. If you have...
Lately, India’s IT Industry TCS, Infosys, Wipro, HCLTech and Tech Mahindra, etc have reported their first quarter results for Financial Year 2023-24. IT Industry reported a Drop in Net Profit as mentioned below in the table; values in Crores. Margins have been under stress in the June quarter, however for Infosys as well as on […]
SemiconIndia 2023: India is leading the technology revolution with focus on electronics. As part of the revolution, semiconductors play an indispensable role and have applications in nearly all sectors, including communication, defence, automobiles and computing devices. Strengthening the important pillar of progress of the country – ‘Electronics’ and reinforcing the vision of ‘Aatmanirbhar Bharat’, India […]
AMD today announced plans for continued growth in India through an approximate $400M investment over the next five years. The planned investment includes a new AMD campus in Bangalore, Karnataka that will serve as the company’s largest design center, as well as the addition of approximately 3,000 new engineering roles by the end of 2028. […]
Google for Startups Accelerator in India offers three-month, equity-free accelerator programs for Indian technology startups up to Series A. The selected startups receive expert mentorship and support around AI/ML, Cloud, UX, Android, Web, Product Strategy, and Growth. In addition to Google technical project support, Accelerator programs include deep dives and workshops focused on product design, […]
Trusted market leader and diversified real estate professional services firm, Colliers is expanding its operations in Pune, India. The company has moved to a larger office space at Tablespace in the prominent micro-market of Kalyani Nagar owing to ambitious growth plans. The new swanky workplace provides modern and collaborative spaces where the focus is on […]
The country’s fifth largest IT services company Tech Mahindra on Wednesday reported a 38 per cent fall in June quarter net profit at Rs 692.5 crore due to a sharp narrowing of the profit margins. The Mahindra group company reported a net profit of Rs 1,131.6 crore in the corresponding April-June period last year. In […]
There will be trouble for new graduate engineers as IT hiring hit a 3-yr low in FY24. According to the Hindu Business Line, it is expected that the Indian IT industry will be recruiting 1.55 lakh new graduates this year versus 3 lakhs in a good year. The figures in the reports suggest that:- The fear of […]
As India ramps up efforts to revolutionize the global manufacturing and supply chain landscape, the Mahindra Group – one of India’s leading industrial enterprises – is poised to help American companies enhance their international footprint and expand by leveraging the advantages of India as a manufacturing hub. The Mahindra Group will support interested companies in […]
Owner of Twitter Elon Musk has announced that the X.com URL will now be directed to the microblogging website Twitter. Twitter’s iconic bird logo is set to be changed, The new logo of Twitter will be available soon. Elon Musk recently shared a Tweet saying, “http://X.com now points to https://twitter.com/. Interim X logo goes live […]
Prime Minister Shri Narendra Modi (PM Modi) will distribute more than 70,000 appointment letters to newly inducted recruits on 22nd July, 2023 at 10:30 AM via video conferencing. Prime Minister (PM Modi) will also address these appointees on the occasion. The Rozgar Mela will be held at 44 locations across the country. The recruitments are […]
Indian IT services companies, Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech, reported their Q1 FY 2023-24. In total Tata Consultancy Services (TCS), Infosys, Wipro, and HCLTech have reduced the net employee addition by nearly 18000. HCL HCLTech attrition rate for the quarter remained at 16.3% from 19.5 % in the preceding March quarter of fiscal 2022-23. The company has 223,438 […]
Infosys, a global leader in next-generation digital services and consulting reported its Q1FY24 results on Thursday. It has delivered $4,617 million in Q1 revenues with year-on-year growth of 4.2% and sequential growth of 1.0% in constant currency. Large deal TCV for the quarter was at $2.3 billion, with net new of 56.1%. Operating margin for […]
