Most educational institutions in India are rich with papers and patents but are unable to support innovators and product ecosystem with deep technologies unlike their peers in Israel or in the US.
The contract size of digital products have increased significantly in 2017, reinforcing vendor commentary that digital services are in the implementation mode, said a survey conducted by UBS Evidence Lab across 224 IT decision makers in Fortune 500 and Global 1000 companies.
The improvement in offshore rankings has come more at the expense of in-house capabilities and specialist vendors than the large consulting-led service providers, said the study.
India is the world’s third largest start-up ecosystem after the UK and Israel but in terms of vibrancy in the landscape the country stands number one, said NASSCOM here on Thursday.
Indian tech players have been proactively responding to customer demands for reskilling and non-linear approach of growth, and Nasscom is happy to see the industry getting ready for the next wave of growth, said the apex body chairman Raman Roy.
It is clear that reskilling, productivity enhancement, automation, newer products, platform and digital solutions are going to be the future drivers of the industry, and not people scale up, said Raman in an exclusive conversation with Financial Chronicle on Wednesday.
Tata Global Beverages Ltd (TGBL) has entered into a new format of business by setting up Tata Cha, a standalone cafe that serves 25 varieties of beverages and an equal number of authentic regional food varieties.
Participation of old shareholders, financial institutions and members of the founding team of Infosys will decide the fate of the company’s Rs 13,000 crore mega share repurchase scheme whose record date is November 1.
India is sitting on an active volcano with it pooling a huge repository of citizen data under an unsafe environment called Aadhaar.
Abdul Karim Telgi, convicted in a multi-crore fake stamp paper scam in 2007, has died, authorities at Bangalore’s Victoria Hospital said.
Telgi was on ventilator support for the past six days. He was declared dead by the doctors at 3.55 pm on Thursday, 26 October.
SD Sharanappa, deputy commissioner of police, Bengaluru south, said Telgi’s death was communicated to the police on Thursday afternoon and the body would be handed over to the family after official procedures are completed.
Holidays are not about a huge splash anymore. Increased digital intrusion and bombarding of data has created a new breed of travellers, who want to explore quiet, rustic and natural destinations, truly away from the maddening crowd, traffic snarls and air/noise pollution of cities.
Tech bellwether Infosys on Tuesday gave a clean chit to the controversial Panaya deal, done by its former CEO Vishal Sikka.