BUSINESS
TCS aims to complete second jab for employees by September, get them back to office
This will be the first step in implementing the company’s 25×25 vision, where the firm does not expect more than 25 percent of the employees work in office only 25 percent of the time.
BUSINESS
TCS headcount has crossed the 500,000 mark. Here's how it hires and retains employees
The second largest employer in the country continues to recruit. It will add at least 40,000 freshers in FY22. With an attrition rate of 8.6 percent, the lowest in the industry, this template is a standout.
BUSINESS
TCS India growth declines 14% on account of COVID-19 second wave in Q1 FY22
TCS iON, public sector businesses like Passport Seva, which is maintained by the company, and private sector businesses were affected in the quarter ending June.
BUSINESS
TCS employee count races past 5 lakh; over 20,000 added in Q1 FY22
Moneycontrol earlier reported that the company is likely to meet its 5 lakh employee milestone in the quarter ending June 2021. The company has also reported an attrition rate of 8.6 percent, lowest in the industry.
BUSINESS
From Intel to Minister of State, the journey of Rajeev Chandrasekhar
In 2015, when the Supreme Court struck down Section 66A, which punished people for posting offensive messages online, Chandrasekhar and his team is said to have played an active role in supporting it.
BUSINESS
Ghaziabad 'assault' video | Willing to meet cops on condition of no arrest, Twitter India chief tells Karnataka HC
Twitter India was named as an accused in the case filed by Ghaziabad police on June 15 against several people who shared the video of an assault on a 65-year-old person in Ghaziabad.
BUSINESS
Green shoots in Wipro under Thierry Delaporte, but execution is key in coming quarters
Thierry Delaporte, who took over as Wipro's CEO last year, has revamped the company’s structure and acquisition strategy to spur growth and reclaim the No. 3 spot in India’s IT hierarchy
BUSINESS
Fat salary but bigger risks: Is this a tech job that nobody wants?
Multiple liability risks involved with the job position of the Chief Compliance Officer under the IT Rules 2021 has led to these roles either taking longer to get filled, or staying vacant. Given their onerous responsibilities, that is hardly a surprise
BUSINESS
IT major Cognizant sees two more top level exits
The company's senior executives Arun Baid, who was leading global delivery for banking and financial services vertical, and Dan Smith, who was chief security officer, left the firm recently.
BUSINESS
IBM email migration | Hundreds of employees face disruption: What happened?
IBM currently uses Lotus Notes for email communication, which was sold along with select products to HCL Tech in December 2018 in a $1.8 billion deal. While IBM is working to resolve the issues, it has enabled alternative tools to ensure minimal disruption to business.
BUSINESS
Indian microblogging platform Koo moderated 54,000 posts, removed 2,000 proactively in June
The US social media major Google published its first compliance report under the new IT rules on Wednesday for April 2021. The rules came into effect on May 26. Facebook will publish its compliance report on July 2, according to reports.
BUSINESS
A year after TikTok ban, its Indian peers are yet to crack monetisation
Homegrown short video apps such as Roposo, Trell and Mitron TV were already in existence but barring Roposo, download numbers for the other two were not significant.
BUSINESS
Ghaziabad 'assault' Video | Karnataka HC Postpones Twitter India MD's appeal hearing to July 5
Twitter India was named as an accused in the case filed by Ghaziabad police on June 15 against several persons who shared the video of an assault on a 65-year-old person in Ghaziabad.
BUSINESS
WhatsApp appoints Amazon executive Manesh Mahatme as Head of Payments in India
Mahatme spent seven years in Amazon Pay, where he was Director and Board member of Amazon Pay India and led product, engineering, and growth teams.
BUSINESS
Made in India CoWin to go global, over 50 countries show interest in adopting tech: RS Sharma
The government will create an open source version of the application to let other countries use it free of cost, said Sharma on June 28.
BUSINESS
Palo Alto Networks serves 2,250 Indian customers, bets big on government sector
Anil Valluri, Regional Vice President – India and SAARC, Palo Alto Networks, had an interaction with Moneycontrol.
BUSINESS
For Koo, IT minister's account lock can be yet another catalyst for user growth
In the interaction with Moneycontrol, CEO of Koo, Aprameya Radhakrishna shares how the firm's transparent policy on violations increases the trust on a local social media platform and how they are very clear on what we will do in a situation in India.
INDIA
How AR Rahman’s Maa Tujhe Salaam got IT Minister Ravi Shankar Prasad’s Twitter account locked
The International Federation of the Phonographic Industry on behalf of Sony Music Entertainment flagged a copyright violation complaint that ended up denying the minister access to Twitter for around an hour.
BUSINESS
Explainer | Reliance is betting big on green hydrogen. What is it and why is it important?
The company is planning two giga factories dedicated to green hydrogen. The other two are for solar energy and storage. It has already formed the Indian Hydrogen Alliance with US-based Chart Industries for commercialising hydrogen technology and developing green and blue hydrogen in the country.
BUSINESS
More relaxation in WFH norms will create more employment, aid BPO sector growth
Currently, the BPM industry revenues grew 2.4 percent to $38.5 billion in FY21 despite the pandemic. With the new set of norms that further eases work from home norms, the industry could grow to $5.5 billion by 2025, said Union IT and Telecom Minister Ravi Shankar Prasad on June 23.
BUSINESS
Competition watchdog orders investigation into Google’s Android TV business in India
The commission has also directed the Director General to complete and submit the investigation report in 60 days in the order dated June 22, 2021.
BUSINESS
Infosys assures FM of more assistance to resolve new income tax portal glitches
While the company said that many of the issues have been fixed, it assured that their teams were working on these issues such as e-proceedings, and viewing of past ITRs, which are expected to be resolved in about a week.
BUSINESS
What does 5G rollout implementation partnership with Airtel mean for TCS?
Telco giant Airtel and Tata Group’s IT arm TCS entered into a partnership for implementation of 5G solutions. The move is expected to help the latter strengthen its capability and scale and the former reduce the cost of the deployment, according to analysts.
BUSINESS
Institute of Chartered Accountants for India form seven member task force to analyse glitches in e-filing portal
The ICAI along with Infosys that developed the portal, and Central Board of Direct Taxes were a part of the meeting with the Ministry of Finance on Tuesday to discuss the glitches in the new income tax portal that went live on June 7, 2021. The meeting was chaired by the Finance Minister Nirmala Sitharaman and other top officials.
