Bangalore

Bansal’s easing out from Flipkart stumps all

Did Walmart use an old allegation of ‘personal misconduct,’ which had already been settled, to ease Binny Bansal (in pic) out of the current setup just six months after the Flipkart co-founder drove a hard bargain to sell 77 per cent stake to the American retail giant at $16 billion in May?

Or the US company followed the business ethics code too harshly despite the fact that business culture in its new domain was much different from the US and other regions it is operating in at present?

Intel sets up Rs 1,100 crore design centre in Bangalore

The US microchip major Intel has set up its latest state-of-the-art design house in Bangalore at an investment of Rs 1,100 crore.

Extending Intel’s R&D pr­e­sence in India, it will house technologists who work on cutting-edge engineering across hardware and software.

The design facility was inaugurated by Manoj Sinha, minister of state (IC) for communications and minister of state for railways and Bob Swan, CFO and interim CEO of Intel Corporation.

Infosys to hire 500 American techies in Texas

Tech major Infosys will hire 500 American workers in Texas where the company is setting up a Technology and Innovation Hub, a specialised facility for telecommunications, retail and banking sectors.

Infosys in May 2017 said it would hire 10,000 American workers by 2019 and the company has already hired over 6,200 of them since it made this people announcement.

Companies betting big on AI knowledge to further growth

The Technology hiring landscape globally, and in India, is currently witnessing a huge churn of talent, owing to the advent of digital and automation technologies that are deep and disruptive in nature. As traditional IT roles vanish, companies are betting big on artificial intelligence (AI) and other deep tech areas to further growth. By 2021, approximately 75 per cent of enterprise applications will use AI according, to a report by IDC.

BJP’s star from K’taka passes away

The Bharatiya Janata Party faced a morale set back with its most prominent and active leader, who made an indelible mark both in Karnataka and national politics, suddenly leaving the scene.

Catch 22 for Indian IT companies

Now, it is almost certain that Donald Trump administration is all set to revise the definition of  “specialty occupations” or types of tech jobs that are currently eligible for H-1B visas and make fresh provisions talent import strategy keeping an exclusive thrust on high-end skills.

This could mean that some of the Indian tech talent that fits the H-1B programme may not find eligibility for immigration to the US once the revision is done.

Cyber safety tips for mobile users ahead of Diwali

Fortinet on Monday reminded online shoppers and bargain hunters in the country to keep their mobile devices secure and stay vigilant against cybercriminals before participating in Alibaba’s 11/11 Singles’ Day, the world’s largest online shopping festival, and the ongoing Diwali festive sales.

Headquartered in Sunnyvale, California, Fortinet develops cyber security softwares, firewalls, anti-virus, intrusion prevention and endpoint security solutions and appliances.

TCS faces US jury over sacking of American staff

After Infosys, TCS is now facing racial discrimination charges in the US, its largest customer market. A few American employees, who have lost their jobs, have raised the allegations and TCS will face trial in California starting Monday, reported Bloomberg.

The trial beings amid tension and uncertainty over H1-B visa. Many Indian companies have exported manpower, a practice that has not found favour with US president Donald Trump.

Women breaking glass ceilings

Women executives in India are slowly rising against the well-entrenched HR flaws called conscious and unconscious biases.

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