TECH FIRM
Munich Security Conference: UN chief calls on tech firms to stop profiting from 'toxic content'
The head of the United Nations on Friday called for technology firms to stop profiting from the proliferation of toxic content after accusing social media platforms of complicity in fuelling antisemitism, racism and anti-Muslim bigotry."Tech companies sho...
Unicorn ed-tech firm Byju's lays off at least 1,000 more employees across various functions
Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, as the company continues phased layoffs to remain growth-oriented in global economic meltdown. According to sources, the company in a fresh round of layoffs has ...
Sensex rebounds 367 pts on firm global cues; Nifty above 19,750; NTPC jumps 4%, TechM 3%
Benchmark equity indices Sensex and Nifty closed over half a per cent higher on Monday, snapping their two-day falling streak on buying in index majors Reliance Industries and Tata Consultancy Services and firm global cues. The 30-share BSE Sensex jumped 367.47 ...
L&T Tech to acquire SWC business of parent firm for Rs 800 cr
IT company L&T Technology Services will acquire the Smart World & Communication (SWC) Business of its parent firm Larsen & Toubro Limited in an all-cash deal worth Rs 800 crore. Smart World & Communication (SWC) was founded in 2016 to cater to the demands in smart cities, address opportun...
Attention techies! Here's how inflation will impact your job prospects
Indian information technology (IT) service providers seem to be checking all the right boxes. Revenue growth, new client wins, fresher intake, headcount additions, the share of Digital in deals: they score big on all these, but one factor is playing spoilsport - operating margin....
Dell layoffs: Tech firm plans to lay off over 6,600 employees, 5% of co's global workforce
Dell Technologies Inc. plans to lay off around 6,650 workers which are approx. 5 per cent of its global workforce. According to CNN Business, Jeff Clarke, Dell's vice chairman, in a letter to employees, said that the steps the company has already taken such as...
HCL Tech Q2 Results: Profit up 7% YoY to Rs 3,489 crore; firm declares interim dividend of Rs 10 per share
HCL Technologies NSE 1.43 % on Wednesday reported a 5.2 per cent sequential rise in consolidated revenue for the September quarter to Rs 24,686 crores. The consolidated net profit was up 6.3 per cent at Rs 3,489 crore.HCL Tech Q2 Results: Profi
'Avoid auto debits, do detailed background check': Centre warns students against Ed-tech firms
With an aim to spread awareness among citizens while deciding on opting for online content and coaching being offered by a host of Ed-tech companies, the Central government issued an advisory regarding the use of caution on the subject. It has come to the
Yahoo is latest foreign tech firm to leave China, cites 'challenging' environment
Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company's services were already blocked by China's digital censorship. But recent government moves to expan
Tech Mahindra Q1 profit flat at Rs 972 crore, revenue rises 5% YoY
Tech Mahindra on Monday reported a flat 1.36 per cent year-on-year (YoY) rise in net profit at Rs 972.30 crore for the quarter ended June 30. It had posted a net profit of Rs 959.30 crore in the corresponding quarter last year.Tech Mahindra Q1 profit flat at Rs 972 crore, revenue ris
HCL Tech Q2 earnings: Net profit up 18.5% to Rs 3,142 cr
IT firm HCL Technologies on Friday posted 18.5 per cent rise in September quarter net profit at Rs 3,142 crore, and said it is looking at hiring up to 9,000 freshers in the second half of this fiscal on the back of strong growth momentum. The Noida-based company had registered a net profit of
HCL Q4 net falls 26% QoQ; firm announces interim and special dividends
MUMBAI: Information technology major HCL Technologies today reported a 25.6 per cent quarter-on-quarter fall in its consolidated net profit to Rs 2,962 crore for the quarter ended March. The company¡¯s consolidated revenues, however, rose 1.8 per cent on-quarter to Rs 19,642 crore
HCL Tech Q4: Profit jumps 23% YoY to Rs 3,154 crore
NEW DELHI: IT firm HCL Technologies on Thursday reported a 22.8 per cent year-on-year (YoY) rise in net profit at Rs 3,154 crore compared with Rs 2,568 crore in the same quarter last year.HCL Tech Q4: Profit jumps 23% YoY to Rs 3,154 crore
Whatsapp sues Israeli tech firm for spying on Indian journalists, activists
WhatsApp on Tuesday sued Israeli technology firm NSO Group, accusing it of using the Facebook-owned messaging service to conduct cyberespionage on journalists, human rights activists and others. The suit filed in a California federal court contended that NSO Group tried to i
WhatsApp hack: Things you did not know about NSO and Pegasus
The confirmation by WhatsApp that the mobile phones of several Indian rights activists and journalists had been hacked into has sparked a furore with privacy activists asking the government to clarify. The spyware ¡ª Pegasus ¡ª sold by Israel¡¯s NSO Group was used to tap into 1,400 WhatsApp a
HCL Tech Q3 profit jumps 19% YoY to Rs 2,611 crore
HCL Technologies on Tuesday reported a 19 per cent YoY rise in profit at Rs 2,611 crore for December quarter. It was up 2.8 per cent on a sequential basis. Analysts in an ETNOW poll projected a profit of Rs 2,541 crore. HCL Tech Q3 profit jumps 19% YoY to Rs 2,611 crore
HCL Tech Q2 net profit up 16.1% to Rs 2,540 crore; Rs 2 dividend announced
Software exporter HCL Technologies on Tuesday reported 16.10 per cent year-on-year rise in profit at Rs 2,540 crore for quarter ended September 30. Analysts in an ET Now poll had estimated the profit figure at Rs 2,432.40 crore.HCL Tech Q2 net profit up 16.1% to Rs 2,540 cror
Pace of hiring by IT firms will reduce with automation: Tech Mahindra
Automation will likely to lead to lead a fall in size of workforce for IT industry and pace of hiring by IT firms will reduce says Vineet Nayyar, executive VC, Tech Mahindra.Pace of hiring by IT firms will reduce with automation: Tech Mahindra
Pace of hiring by IT firms will reduce with automation: Tech Mahindra
Automation will likely to lead to lead a fall in size of workforce for IT industry and pace of hiring by IT firms will reduce says Vineet Nayyar, executive VC, Tech Mahindra.Pace of hiring by IT firms will reduce with automation: Tech Mahindra
Tata, Kelkar and Nilekani start tech firm Avanti Finance
Ratan Tata, Vijay Kelkar and Nandan Nilekani have started a technology enabled financial inclusion vehicle, Avanti Finance, which will be focused on delivering affordable and timely credit to under-served and un-served segments in India.Tata, Kelkar and Nilekani start tech firm Avanti Finance
Tata, Kelkar and Nilekani start tech firm Avanti Finance
Ratan Tata, Vijay Kelkar and Nandan Nilekani have started a technology enabled financial inclusion vehicle, Avanti Finance, which will be focused on delivering affordable and timely credit to under-served and un-served segments in India.Tata, Kelkar and Nilekani start tech firm Avanti Finance
HCL Tech reports Q1 net profit of 2,431 cr; overtakes Wipro to become India's third-largest IT firm
HCL Technologies on Friday reported a 10 per cent rise in consolidated net profit at Rs 2,431 crore for the June quarter and toppled Wipro to become India's third-largest IT firm in terms of dollar revenue. The Noida-based company, which had posted a
Yatra merges with US based firm
Online travel agent Yatra has entered into a merger agreement with NASDAQ listed Terrapin 3 Acquisition Corporation (TRTL) that values Yatra at an enterprise value of $218 million.Yatra merges with US based firm
Pharma stocks crack, tech holds firm
Pharma stocks crack led by Wockhardt, Strides Shasun whereas the tech stocks held firm. Check out the video for more information.Pharma stocks crack, tech holds firm
Stocks to buy: Dr Reddy's, NIIT Tech
Experts have given their buy call on experts such as Dr Reddy's, NIIT Tech, Ajanta Pharma, Cipla, Ambuja Cement, Divi's Lab. Check out the video to know more on that.Stocks to buy: Dr Reddy's, NIIT Tech
Brokerages cautious about Tech Mahindra
Tech Mahindra Ltd plunged as much as 14.12 per cent on the BSE in trade to post its biggest fall since February 2009, after the IT services firm posted a 23 per cent decline in its net profit to Rs 472 crore for the quarter ended March 31, impacted by cross-currency headwinds and salary hikes.Brokerages cautio
Tech firms driving in with electric cars
Internet companies are queuing up to design and launch internet-enabled electric vehicles that have no gear box, no combustion engine and come with simplified transmission. Chinese tech firms like Baidu and Alibaba have announced plans to launch their own smart electivc vehicles.Tech firms driving in with ele
Blackstone to buy Mphasis
Private equity firm Blackstone said it struck a deal with Hewlett-Packard Enterprises to buy a majority stake in Mphasis, putting an end to the buyout battle for the Indian IT firm.Blackstone to buy Mphasis
Buy now sell now: RIL, Tech Mahindra
Keeping the current market overview in mind, experts have suggested that RIL could be held for some more time and will fetch handsome returns. Check out the video to know more on that.Buy now sell now: RIL, Tech Mahindra
Load More
