Tata Consultancy Services, the largest India-based provider of IT and outsourcing services, reported its lowest ever IT employee churn numbers even as the world grappled with economic uncertainties caused by a pandemic. For the year ended March, the company lost just 7.2% of its employees. Typically, IT companies see attrition levels of nearly double that. […]
Outsourced services provider Infosys today bagged a major client in the form of ArcelorMittal, the world’s leading steel and mining company. ArcelorMittal is a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel and is the world’s largest steel […]
Indian IT services provider Wipro Ltd said it has refreshed its 15-year engagement with Telefonica Germany with a focus on enabling new services in the 5G era. The program “will ensure that Telefónica Germany / O2 is well positioned to modernise and launch a range of new offerings including 5G products and services,” the Indian […]
HCL Technologies (HCL), one of India’s top IT services and outsourcing providers, said it has won a five-year deal to implement a digital workplace solution for the world’s largest aircraft maker Airbus. Financial details of the deal were not disclosed. Airbus is emerging as the biggest aircraft maker in the world after its long-time rival […]
Tata Consultancy Services, India’s largest IT and outsourcing company, said it will buy out partner General Electric from their all-women business process outsourcing company in Saudi Arabia. GE expressed a desire to exit the venture, started in 2013, according to the Indian company. The center has grown from 20 employees seven years ago to almost […]
Signal, the open source messaging platform, has become extremely slow and even unresponsive in several parts of India after a sudden rush of new users looking for a more secure alternative to WhatsApp. Global interest in Signal app has jumped by around 50 times since WhatsApp announced changes to its terms of use last week. […]
IT and outsourcing major Wipro said it will take over the IT division of Germany-based wholesaler Metro AG in a deal that is expected to generate revenue of over Rs 1,000 cr per year for the Indian company. A total of more than 1,300 IT staff from Germany, Romania and India belonging to the wholesaler […]
Indian stock market regulator Securities and Exchange Board of India has given its approval to IT major Wipro’s plans to return around Rs 9,500 cr to shareholders via a buy-back. The company said in a notification that it will now send intimations to shareholders about the buy-back on or before Dec 26. Owners of Wipro […]
A move away from traditional equipment vendors such as Ericsson and Huawei by telecom operators could open up a multi-billion dollar market for the likes of Tech Mahindra, Wipro, HCL Technologies, TCS and Infosys. Traditionally, telecom operators like Bharti Airtel and Vodafone Idea have almost completely outsourced the construction and management of their networks to […]
L&T Technology Services, a provider of consulting and outsourced services in the engineering field, said it won a $100 million (Rs 750 cr) contract from a major US oil and gas company. L&T Tech will be the US company’s primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in USA, […]
L&T Technology Services has been certified by Amazon to put Alexa voice technology into all kinds of devices. Alexa is a voice-interaction technology developed by Amazon, and is quickly emerging as one of the leading standards of voice-based interaction for devices. While it started out as a way to interact with Amazon devices such as […]
Outsourcing major Wipro Ltd said it will replace the current way in which it has structured its business by reorienting it along two core themes — product-related services, and infrastructure-related services. Earlier, Wipro used to divide its services into seven verticals and five capabilities. The seven verticals included segments like manufacturing, telecom, consumer products, financial […]
OnePlus, the premium smartphone brand from Chinese manufacturer BBK Electronics, saw its India sales double during the third quarter (July to September), thanks to the launch of India’s cheapest 5G smartphone, OnePlus Nord. The phone, priced at around Rs 28,000, helped the brand double its sales in India with a growth of 104% during July-September […]
Tech Mahindra, one of India’s to six IT service providers, said it has invested $3 million, around Rs 23 cr, in a fast-growing tele-medicine start-up based in Plano, Texas. The Indian company, which gets a 6% stake in exchange for the investment, has an option of raising its stake to 14% by January 2021 by […]
Google has announced that starting from November, it will stop serving ads under its various networks and platforms for all web pages and apps that are not in the list of 49 approved languages. The list of 49 approved languages includes eight Indian languages — Tamil, Kannada, Hindi, Telugu, Malayalam, Bengali, Gujarati and Marathi. The […]
The case filed by TikTok against its ban in India has been dismissed by the High Court of Telangana, the central government informed the Rajya Sabha today. “Tiktok had approached Honorable High Court of Telangana on 20.07.2020 challenging the ban imposed by the Government of India. The court after detailed hearing disposed the matter in […]
Ministry of Electronics and Information Technology, Government of India, today clarified that it has not conducted any sort of study to check if Chinese-made smartphones used in India are sending sensitive data to their country of origin. “Ministry of Electronics and Information Technology (MeitY) has not conducted any such study,” said Minister of State Sanjay […]
Matrimony.com, one of the largest matchmaking companies in the world, said it continue to offer discounts and special pricing to attract new internet users who are coming online via the 4G wireless data revolution. The company, which operates the Bharat Matrimony website and others, has typically charged several thousand rupees for its paid membership. Only […]
As the Coronavirus pandemic tightens its grip over the world, Infosys has announced a long-term contract with a billion dollar Germany chemicals maker to provide a managed workspace solution for its 14,300 employees in 33 countries. “Infosys will setup an end-user centric modern workplace with globally standardized device/workplace landscape (for Office, Functional and Virtual users) […]
Mindtree, a mid-size IT and outsourcing services company, said it has been chosen to provide SAP services to a unit of Sweden-based machinery maker Husqvarna Group. SAP is a Germany-based provider of enterprise software, such as that used to keep track of inventories, product design, sales and customer care. Usually, companies depend on IT providers […]
