New H1-B ban would also hurt US companies
Marcus Schaper, chief digital and technology officer at E.ON SE, said cloud transformation is a key element of its digital transformation journey
The Nifty IT index now needs to scale above its 200-DMA placed at 14,888 to embark on a new trend
Indian IT industry is one of the biggest Indian employers in China, with around 22,000 employees in the country, including locals as well as expatriates.
The new CEO, who will join on July 6, will be one of the highest paid executives in Indian IT industry
His remuneration will include basic pay in the range of 1.07-1.4 million euros per annum and a target variable pay in the range of 1.7-2.5 million euros per annum
Outsourcing deals are either going to be renewed at a lower price or they will be delayed, say experts.
Companies are tying up with Cloud platform firms, ramping up internal team of specialists
He was speaking at the inauguration of a Covid care centre developed by Wipro Limited at the Hinjawadi IT Park in Pune.
Hybrid cloud offerings would help businesses migrate, manage and transform mission-critical workloads and applications, with security across public or private cloud and on-premises IT environments
Fewer deals wins, delay in ramping up of existing deals and likely price cuts are key worries expected on the back of subdued demand, thanks to the disruption in the global economy
In comparison, Infosys' CEO Salil Parekh drew a pay package of $6.15 million (around Rs 40 crore) in the last financial year, a rise of 27 per cent over the previous fiscal.
In a filing with the US Securities and Exchange Commission, the Bengaluru-headquartered firm, however, said that the impact couldn't be accurately predicted as the pandemic is yet to recede.
Appoints French IT services firm's COO Thierry Delaporte for its top post
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Delaporte was most recently the chief operating officer of French consulting and technology firm Capgemini Group.
Neemuchwala will step down as CEO on June 1 while executive chairman Rishad Premji will oversee day-to-day operations of the company until Delaporte takes over on July 6
India's biggest IT firms moved swiftly when a lockdown became imminent in March. How prepared are they to deal with the challenge of clients reducing spending on technology or asking for discounts?
The venture capital arm of the Azim Premji-backed FMCG company is in talks with over a dozen startups in these areas to invest into them
Many of the industry's clients closed their set-ups globally as part of containment measures to check coronavirus. Travel and hospitality, aviation, retail, auto and manufacturing hit the hardest