Technology Sector

Industrial titans like Huawei, Nokia and Samsung are set to showcase their latest innovations, flanked by smartphone makers like Oppo and Xiaomi and network operators like Orange, Verizon and China Mobile.

Employee engagement in tech sector hit the most by Covid, says report

The other four aspects impacted the most by the pandemic were revenue, client engagement, new clients & projects, and employee productivity, the report by PeopleAsset, an executive search & talent advisory firm, said.

Sustainable funds face threat from tech sector turmoil

While tech shares have notched up big gains during the pandemic, they have taken a hit since the turn of the year 

Five trends in 2022 that will supercharge India’s technology-enabled sector

Expect 2022 to build on the explosion of technology-enabled growth. The possibility of interest rate hikes in the US may dampen sentiments, but the momentum of technology-driven innovation is robust 

Infosys commits to provide Salesforce tech jobs for 500 people

The programme, targeting recent graduates from major universities, liberal arts colleges, and community colleges, will help Infosys to create a workforce prepared for the future.

Budget 2021 | Expectations from the technology sector

While the government is likely to incentivise each sector, as the global epicentre for information technology, performance of the Indian IT industry is likely to be crucial

HCL Technologies Q2 PAT may dip 0.2% QoQ to Rs. 2167.4 cr: Kotak

Net Sales are expected to increase by 4.3 percent Q-o-Q (up 10 percent Y-o-Y) to R.s 12672.8 crore, according to Kotak.

Hexaware Technologies Q2 PAT may dip 2.6% QoQ to Rs. 119.2 cr: Kotak

Net Sales are expected to increase by 0.9 percent Q-o-Q (up 9.8 percent Y-o-Y) to Rs. 992.6 crore, according to Kotak.

Amid uncertainties, India Inc sees healthy appraisals: Report

According to recruitment services firm ABC Consultants, the auto sector registered average appraisal of 9-11 per cent, for FMCG it was 8-10 per cent and for technology sector at 5-7 per cent.

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

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

Asian business sentiment crumbles on China shock: Poll

The Asian Business Sentiment Index, representing the six-month outlook at 79 firms, was 60 in the September quarter from 71 in June and 66 a year prior. A reading over 50 indicates a positive view.

Rs 1,000cr fund for tech start ups, entrepreneurs: Govt

Experimenting in cutting edge technologies, creating value out of ideas, initiatives and creating them into scalable enterprises and businesses is at the core of our strategies," he said while presenting the Budget for 2015-16 in the Lok Sabha.

Morning Cues: Will the mkt continue its rally from Friday?

After closing to almost a three-year high on the back of strong earnings from the technology sector and foreign liquidity, will the market maintain the trend on Monday?

Kotak Securities cautious on technology space

Kotak Securities has come out with its report on technology sector. According to the research firm rupee depreciation has driven stable stock performance for the Indian IT names despite material deterioration in yoy revenue growth trajectory.

Wall St gains in choppy trade ahead of Obama speech

US stocks edged higher in choppy trade on Thursday, led by gains in the technology sector ahead of a speech by US President Barack Obama laying out a major jobs package.

Emerging market private equity deals rise in H1

Global emerging market private equity deal volume rose by 11% to USD 14.1 billion in the first half of 2011, and fundraising doubled to USD 22.6 billion, the Emerging Markets Private Equity Association said on Thursday.

SEBI directive on IDR dents MNCs plans of India listing

A recent directive by Sebi barring conversion of Indian Depository Receipt (IDR) into primary equity shares of foreign companies has dented the India listing plans of some multinationals in the technology sector, a senior i-banker said on Tuesday.

Tech firms fret over length of Japan disruption

Worries over component supply continued to weigh on the technology sector on Tuesday, in the wake of Japan's devastating March 11 earthquake and tsunami which have disrupted production and deliveries of key parts.

Apple, IBM results point to cheery season

Dazzling quarterly results from Apple Inc and IBM cheered investors on Wednesday and set the stage for what looks to be a strong earnings season for the technology sector.

IBM may boost tech confidence, services in focus

A strong report from IBM Corp, particularly a pick-up in technology services contracts that have been a weak point in the past year, could lift Wall Street's confidence in the technology sector.

Microsoft exodus continues, server unit head to leave

The head of Microsoft Corp's third-largest unit is to leave this summer, marking the latest high-level departure from the world's largest software company, which has seen its leadership of the technology sector fade over the past decade.