Page 3 - Digital Services

Happiest Minds March qtr net up 580%, firm offers double-digit pay hikes

Revenue up 18% to Rs 186 cr; profit was lower sequentially

UST partners with BlueYonder to improve digital services for retailers

Blue Yonder experts will join UST to introduce add-on capabilities for customers, companies say.

Cognizant reports good numbers in Mar quarter, revises revenue guidance

Net income for the first quarter of CY21 was $505 million, up 37%

ICICI Bank launches digital service for retail merchants, offers credit

Lender says it aims to provide services in 'one single place' to more than 20 million retail merchants.

IT industry needs a 'skiller' app to double digital growth in 5 years

Access to digital talent has been identified as a key hurdle to doubling growth in the industry in the next five years. Here's how it's trying to bridge the gap

India likely to hold bilateral talks with US over retaliatory tariffs

Govt assessing potential impact of US decision to raise levies on 40 items

Robert Bosch Engineering India creates separate unit for digital solutions

The unit will manage external business of non-Bosch customers

Indian IT sector likely to hit $350 billion by 2026, says McKinsey report

McKinsey also pointed that tech business models are reshaping worldwide and IT industry need to refocus

Improving deal pipeline and growth factored into L&T Technology stock

Q3 performance was better than estimates led by growth across verticals

Digital Service Taxes discriminates against US firms: Trade Department

The US Trade Representative on Thursday said that the Digital Service Taxes (DSTs) discriminates against American companies.

Record deal wins offer revenue visibility for Infosys in next 3 quarters

While double-digit growth in FY22 is a given, near term margins could come under pressure

United States says India's digital services tax is discriminatory

US said the tax has an adverse impact on American commerce and is actionable under the trade act

Google tax mop-up rises 64%, Bengaluru and Hyderabad top the list

This complements improvement in direct tax collection, with contraction narrowing to 9.6 per cent as on January 7

USTR backs action against India's equalisation levy, finds it burdensome

Highlighting the discrimination part, the report said that of the companies that are subjected to India's equalisation levy, 72 per cent are American companies

Tech firms' services could face ban if they breach EU rules: Industry chief

The new draft rules come as critics of U.S. tech giants, which include companies and industry bodies, question the EU's rulings against Alphabet unit Google

Infosys completes acquisition of digital service provider Blue Acorn iCi

IT services firm Infosys on Wednesday said it has completed the acquisition of Blue Acorn iCi. Infosys had, earlier this month, announced inking a pact to acquire Blue Acorn iCi - a digital customer experience, commerce and analytics services provider - for up to USD 125 million (about Rs 915 crore). "This acquisition further strengthens Infosys' end-to-end customer experience offerings and demonstrates its continued commitment to help clients navigate their digital transformation journey. Blue Acorn iCi brings to Infosys, significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and experience driven commerce services," Infosys said in a statement on Wednesday. This acquisition further deepens Infosys' capabilities in the Adobe, Magento, Salesforce Commerce and Shopify ecosystems, it added. The acquisition was undertaken by Infosys Nova Holdings, LLC, a wholly-owned subsidiary of Infosys.

Jump Networks Limited envisages to tap the $100-bn opportunities in India

India has the highest number of disconnected people despite having the second largest online market in the world

Yatra.com aims to become digital services platform: CEO Dhruv Shringi

The company is taking certain steps especially on the corporate side of business

Indian SaaS industry revenue can grow 6-fold to $13-15 bn by 2025: Report

India's software as a service (SaaS) revenue has reached $3.5 billion as of financial year 2020 with compounded annual growth rate of 30 per cent and 75 per cent of it came from global sales.

France to apply digital tax whether US returns to negotiations or not

Nearly 140 countries have been negotiating the first rewrite of international tax rules in a generation