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
Infosys 3rd in Forbes’ list of ‘World’s Best Regarded Companies’
24 Sep 2019
Visa and Ferrari topped the list that also had Indian companies like Tata Consultancy Services at 22, Tata Motors at 31, Tata Steel at 105 and L&T at 115
Microsoft announces $40 bn share buyback, hikes dividend
19 Sep 2019
Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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