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Information technology

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

JP Morgan's Insightful Report: Recovery Signals and Stock Upgrades in IT

Thu, Jan 04, 2024

JP Morgan's report on ITSector, expecting recovery in the sector, upgraded some stocks, upgraded Infosys and LTTS to Overweight rating, know complete details in this video

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

IT Industry Budget Boom in the New Year and IT Index 20-Month High on

Thu, Dec 14, 2023

IT companies boom in 2024! IT budget is going to increase in the new year, growth triggers for IT companies, #ITIndex at 20 month high, change in guidance of IT companies also possible

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Surge in Confidence: Why Global Brokers Are Betting Big on IT Companies

Thu, Oct 05, 2023

Global brokerages bullish on T companies. Why did trust in IT companies increase? Top pick in IT of Global Brokerages? See complete details in this video

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Real estate, retail, logistics to create maximum jobs in India

Real estate, retail, logistics to create maximum jobs in India

Sun, Jun 04, 2017

Sectors such as construction and real estate, beauty and wellness, organised retail, transport and logistics hold the maximum job potential in India in the near future, according to a report.

India may soon get robots at airports to help passengers check-in

India may soon get robots at airports to help passengers check-in

Sun, Jun 04, 2017

Spending hours in a long queue at an airport could soon be passe as researchers have designed a new check-in robot that will walk to passengers to assist them, a "wonderful" innovation that may also be deployed at an Indian airport.

Tata Consultancy Services says H-1B visa applications now at a third of 2015 levels

Tata Consultancy Services says H-1B visa applications now at a third of 2015 levels

Sun, Jun 04, 2017

Tata Consultancy Services (TCS) applied for only a third of the H-1B work visas this year compared to 2015, helped by increased hiring from engineering campuses and B-schools in the US.

Sad over recent IT layoffs, says Narayana Murthy

Sad over recent IT layoffs, says Narayana Murthy

Fri, May 26, 2017

Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an email reply to a PTI query about recent IT layoffs.

Infosys touts plan to hire Americans in face of visa pressures

Infosys touts plan to hire Americans in face of visa pressures

Thu, May 25, 2017

Infosys Ltd, the India-based computer services giant, on Wednesday touted its new strategy to hire and train 10,000 American workers over the next two years at the company`s annual leadership meeting in San Francisco.

First IT employee union set to take off as job cuts loom

First IT employee union set to take off as job cuts loom

Tue, May 23, 2017

A forum of IT workers is all set to get itself registered as the first union of techies in the country, amid reports of large scale layoffs by IT companies.

Infosys' Sikka says journey ahead 'challenging', worth fighting for

Infosys' Sikka says journey ahead 'challenging', worth fighting for

Tue, May 23, 2017

In a letter to shareholders, Sikka said the company will leverage its full potential to shape employment opportunities at a time of global anxiety for jobs.

How a stronger Indian Rupee can hamper your career in India's IT sector

How a stronger Indian Rupee can hamper your career in India's IT sector

Fri, May 19, 2017

Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”

IT Layoffs: Re-skill or perish, says Nasscom

IT Layoffs: Re-skill or perish, says Nasscom

Thu, May 18, 2017

Nasscom today refuted reports of mass layoffs in the IT sector saying the industry will hire about 1.5 lakh people this year on "net" basis although techies will have to re-skill themselves to stay relevant.

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list

Thu, May 18, 2017

Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.

Domestic opportunity can help IT companies tide over job losses, says Assocham

Domestic opportunity can help IT companies tide over job losses, says Assocham

Wed, May 17, 2017

Amid concerns over job losses in $ 155 billion IT sector, industry lobby Assocham today said this is the time for outsourcing companies "to look inward" and focus on the domestic opportunity to curtail layoffs.

Not correct to assume IT industry going for big job cuts: Govt

Not correct to assume IT industry going for big job cuts: Govt

Tue, May 16, 2017

IT Secretary Aruna Sundararajan said there could be some cases were contracts are not renewed as part of the regular annual appraisal cycle.

HCL Tech's Q4FY17 net profit rises by 28%; revises guidance

HCL Tech's Q4FY17 net profit rises by 28%; revises guidance

Thu, May 11, 2017

The company reported consolidated net profit of Rs 2,475.27 crore, a rise of 27.67% from Rs 1,938.66 crore in the corresponding period of the previous year.

Snap's first earnings to shed light on battle with Facebook, Twitter

Snap's first earnings to shed light on battle with Facebook, Twitter

Thu, May 11, 2017

Investors delivered a stern message of disappointment to Facebook and Twitter when they posted debut quarterly scorecards following their IPOs. Twitter shares cratered 24 percent the following day, while Facebook`s tumbled 11 percent, drops that stand to this day as the biggest one-day losses for both.

Facebook rolls out 'Express Wi-Fi' in India, partners Airtel

Facebook rolls out 'Express Wi-Fi' in India, partners Airtel

Thu, May 04, 2017

"India's population is about 1.3 billion people, but only 390 million are connected to the Internet. Express Wi-Fi is part of our global initiative and we want to expand Internet connectivity to underserved locations," Facebook Asia Pacific Head of Connectivity Solutions Munish Seth told PTI.

Infosys plays down cost concerns from U.S. hiring plan

Infosys plays down cost concerns from U.S. hiring plan

Thu, May 04, 2017

The India-based IT services firm this week said it plans the hirings over the next two years and that it will open four U.S. technology centers. The move comes as Indian outsourcing firms have become political targets in the United States and have been accused of displacing U.S. workers` jobs by flying in foreigners on temporary visas to service U.S. clients.

H1-B visa row: Infosys announces hiring of 10,000 American to pacify Trump

H1-B visa row: Infosys announces hiring of 10,000 American to pacify Trump

Tue, May 02, 2017

Vishal Sikka, Chief Executive Officer, Infosys said, “Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the United States."

Amazon's results beat estimates, lifted by cloud unit; shares hit high

Amazon's results beat estimates, lifted by cloud unit; shares hit high

Fri, Apr 28, 2017

The world`s largest online retailer said net income rose 41 percent to $724 million, or $1.48 per share, marking the eighth straight quarter that Amazon - known among investors for heavy spending and roller-coaster results - posted a net profit. Analysts on average were expecting $1.12 per share, according to Thomson Reuters I/B/E/S.

Google parent Alphabet's profit up 29% on strong ad sales

Google parent Alphabet's profit up 29% on strong ad sales

Fri, Apr 28, 2017

Google parent Alphabet Inc posted a surge in profit and revenue on Thursday as its core advertising business continued to grow at an extraordinary rate and problems such as an advertiser boycott of YouTube had little impact.

Twitter gets lift from uptick in user numbers

Twitter gets lift from uptick in user numbers

Thu, Apr 27, 2017

Twitter shares have surged after its quarterly update showed improving growth in user numbers, offsetting concerns over a decline in revenue and another net loss for the social network.

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