BUSINESS
Bengaluru airport to get new rail link from city: Union railway minister Ashwini Vaishnaw
New Indian Railway line to airport terminal will connect Kempegowda International Airport with three rail lines apart from Metro and Suburban Rail.
BUSINESS
Accenture CEO Julie Sweet diagnosed with early-stage breast cancer, treatment likely to last 12-16 weeks
Nonetheless, the CEO of the world’s largest IT company will lead its day-to-day operations throughout the process.
TECHNOLOGY
Karnataka labour officials visit Infosys Bengaluru, Mysuru campuses amid layoffs; company emphasizes employee-friendly policies
Moneycontrol reported last week that Infosys was laying off over 300 trainees at its Mysuru campus after they failed evaluation tests in three consecutive attempts.
TECHNOLOGY
Infosys to issue increment letters by February-end; salary hikes to range from 5% to 8%
Moneycontrol learns that the software major has also started issuing promotion letters in batches, starting December. The salary hikes will be effective from April 2025.
BUSINESS
Cognizant’s acquisition playbook: What it means for Indian IT firms
Traditionally, ER&D services are largely provided by domain specialists. However, with spending gathering pace in the space over the last two years, IT firms are increasingly tapping into this new growth area.
BUSINESS
Dreams shattered, careers in limbo after two and a half years' wait: Inside Infosys trainee layoffs
Fear and uncertainty looms. On February 14, about 450 trainees will sit their third attempt. It remains to be seen how many of them will keep their jobs
BUSINESS
Infosys terminates around 400 trainees in Mysuru, employees cry foul
Sources say the company has deployed bouncers and security personnel to ensure that the trainees do not carry mobile phones
BUSINESS
Cognizant tops Q4 estimates, sees 3.5-6% growth for 2025 on better discretionary spending outlook
For the full year, revenue grew 1.9% YoY in CC terms to $19.7 billion, including approximately 200 basis points of growth from subsidiaries Thirdera and Belcan.
BUSINESS
India’s GCC framework in Budget 2025: Industry lauds but urges deeper collaboration
The announcements are being seen in light of Tier II, III cities struggling to gain market share despite efforts by individual states.
BUSINESS
Quess Corp enters GCC space with new centre for US healthcare wearables firm
The Bengaluru-based staffing firm is in discussions with multiple companies for setting up more GCCs.
BUSINESS
Harnessing power from thin air: Infosys Prize 2024 winner Shyam Gollakota’s vision for battery-free computing
Professor Gollakota's team has created battery-free devices that mimic dandelion seed sensors, that can float in the wind for distances up to 100 meters.
BUSINESS
DeepSeek's LLM success triggers big debate: Is India's hesitation a strategic mistake?
The success of DeepSeek’s latest R1 LLM has sparked a debate of whether India is late in setting out to build its own foundational AI models, what the nation needs to do next, to remains self-reliant in computing systems.
BUSINESS
Not waiting for discretionary spend to return, overall tech spend has surged: Coforge CEO Sudhir Singh
While larger IT peers have had a mixed run in Europe, Coforge has identified pockets of opportunity, particularly in the government vertical
BUSINESS
Budget 2025: IT industry asks SEZ tax holidays, related benefits to be continued for maintaining global competitiveness
Experts say export incentives and skill development programs are key to solidifying the country’s position as a premier destination for ER&D services, too.
BUSINESS
Davos 2025: India is a super strategic market, says SAP’s Saueressig
India is SAP's largest research and development hub outside its headquarters in Germany, executive board member Thomas Saueressig has said
BUSINESS
Top 5 Indian IT companies have less than 50% dependency on H-1B visas
Indian-origin companies like Infosys and TCS were major players for the H-1B visa sponsorship, securing nearly 20 percent of the total approved visas in 2024, according to USCIS data.
BUSINESS
Davos 2025: 'Incredibly energised about his leadership,’ says Rishad Premji on Wipro CEO Srini Pallia
Premji also expressed optimism on how demand is shaping up in 2025, highlighting an anticipated rebound in discretionary spending.
BUSINESS
Davos 2025: Huge believer in work-life balance, says Wipro chairman Rishad Premji on 70/90-hour work week debate
Chairman of India’s fourth-largest IT company believes that the need to recharge and show up well for work should not be underestimated.
BUSINESS
Davos 2025: Big firms expect more investment in tech, will drive large digital programmes, says Salil Parekh
Europe is focused on improving competitiveness, with Nordic countries, Spain and others already performing well, the Infosys CEO has said
BUSINESS
Trump's birthright citizenship order likely to face legal hurdles, say experts
The executive order signed on January 20, calls for children born in the US to acquire citizenship only if at least one parent is a US citizen, a legal permanent resident, or a member of the US military.
BUSINESS
Davos 2025: IT firms must reinvent with Agentic AI; rethink traditional labour arbitrage, says Francisco D'Souza
D'Souza said that the earlier double-digit growth rates were driven by the offshoring shift, however, that advantage has equalised now across the industry.
BUSINESS
Davos 2025: About 10,000 more ex-employees want to rejoin Cognizant, says CEO Ravi Kumar S
On the counterclaim filed by Infosys in the TriZetto trade secrets case, Kumar says he is protecting the intellectual property of the firm
BUSINESS
IT companies see healthiest recovery in the last 1.5 years in Q3 FY25 earnings
Constant currency revenue and deal wins improved for most while operating margins improved for all in a seasonally weak quarter marked by furloughs.
BUSINESS
Davos 2025: We are very focused on India, says Zoom’s COO Aparna Bawa
Bawa said Zoom will continue to market and expand its product base, bringing them to India as soon as possible.
