Infosys, TCS lead gainers as 8 of top 10 firms add ₹98,235 crore in market cap

Eight of the 10 most valued firms together added ₹98,234.82 crore in market valuation last week, with IT majors Infosys and TCS emerging as the biggest gainers amid a positive momentum in equities. Last week, the BSE benchmark Sensex advanced 817.68 points or 1.42 per cent. From the top-10 pack, HDFC twins were the only … Read more

Portworx by Pure Storage recognized as the leader in Kubernetes Storage for three consecutive years by GigaOm

COMPANY NEWS: Pure Storage and Portworx by Pure Storage identified in GigaOm Radar Reports for leadership in Enterprise Kubernetes Storage and Cloud-Native Kubernetes Data Storage Pure Storage®the IT pioneer that delivers the world’s most advanced data storage technology and services, today announced it was named the leader for the third consecutive year in the GigaOm … Read more

Homelessness Week: Technology and innovation is useless without collaboration

GUEST OPINION: As we see technology solving a myriad of issues facing society, we are reminded of the complex nature of homelessness during Homelessness Week. This year’s theme isWe need a plan’ which is evident as we raise awareness for the 116,000 Australians who are homeless at any given night. What we do know, is … Read more

IT companies tap gig workers as high attrition rates bite

Collectively dubbed the ‘gig workforce’, these workers are equipped with specialized technical skills to complete pending digital projects and fill new roles that the IT firms need. In their June quarterly earnings calls, software services firms such as Tata Consultancy Services (TCS), Infosys Ltd., and Wipro announced high attrition rates. Regulatory filings showed TCS had … Read more

Shopkeeper’s son bags Microsoft job offer worth ₹50 lakh after rejecting Amazon, Cognizant.

Microsoft has made a job offer to Madhur Rakheja, a BTech student at the interdisciplinary institution UPES in Dehradun, worth ₹50 lakhs. Madhur had a list of businesses that he hoped to be chosen by. Microsoft was on that list, so he read up on other people’s interview experiences and studied the necessary abilities in … Read more

market prediction: The prediction conundrum: What creates market cycles

It all starts with a prediction problem. It is a problem because we think we can predict accurately, when in fact, we cannot. “Credit ratings help facilitate an efficient capital marketplace. They provide transparent third-party information that’s not only forward-looking but standardized for consistency” says S&P Global Ratings on their website. Ratings range between AAA … Read more

Top 10 mid-size companies to work in India: Great Place to Work Rankings 2022

The top five mid-size companies that are considered better places to work are located in Bengaluru, Mumbai, Gurugram and Delhi. Version 1 Services Pvt Ltd, an IT company from Bengaluru, has achieved the first rank in this list, as per a recent survey by the Great Place to Work. Great Place to Work is the … Read more

What is pyramid restructuring model for Indian IT companies to cut employee costs

Top Indian IT companies Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro have seen their margins erode as they battle a higher sector-wide talent churn and try to retain employees. And eventually, the firms will have to adopt the pyramid restructuring model in order to cut costs which would help their margins grow. The … Read more