Can Indian IT make the most of the AI age?
For more than two decades, India's information technology industry built something genuinely admirable: a world class services engine that became the back office of the global economy.
For more than two decades, India's information technology industry built something genuinely admirable: a world class services engine that became the back office of the global economy.
Indian equity benchmarks traded sharply higher on Friday, mirroring gains in global markets despite fresh geopolitical tensions and concerns over the closure of the Strait of Hormuz.
Chief Minister Hemant Soren, who was present at the signing ceremony held at the Jharkhand Ministry, described the initiative as a transformative step that would give the state’s youth a direct gateway into the digital economy.
IT major Infosys has reportedly deferred the annual salary hike in the fourth quarter of FY 2024-25. The company last implemented a salary hike in November 2023.
India equity indices closed in the deep red on Thursday amid conflict in the Middle East.
BSE Sensex crossed the milestone of 66,000 points on Thursday morning.
HCL Technologies CEO C Vijayakumar said it has actively expanded its global footprint with its next-generation services and products.
HCL stock gained 2.5 per cent to hit day’s high of Rs 643.90, but at 1.40 pm it was trading at Rs 632.70, up by 0.80 per cent.
Shiv Nadar will be stepping down from the position of the Chairman but will retain the position of company’s managing director.
In Asia, all leading bourses witnessed mild to heavy sell-offs on Tuesday after US-China trade war further intensified. In a retaliatory move, China on Monday said it would raise tariffs on US goods worth nearly USD 60 billion.
