Varsities not focusing on deep tech

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.

Digital to disrupt revenues of legacy IT services: study

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.

Reskilling brought new vigour, bullishness to industry: Nasscom

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.

Investors may lap up Infosys offer to buy back shares

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.

Stamp scamster Abdul Karim Telgi dead

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.

Millennials driving new trend — short holidays

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.