With the Trump Administration taking a tough stand against immigrant workers, thousands of Indian techies are making a beeline for home.
Telecom secretary Aruna Sundararajan on Sunday said auction of spectrum for 5G services is likely to happen in the later half of 2019. The 5G services would offer telecom companies better visibility into market dynamics and potential revenue streams of the next-generation mobile services, Sundararajan said.
After carving out a significant niche for itself in the gold and diamond jewellery mart in the country, Titan Company flagship Tanishq has on Thursday announced its foray into the contemporary silver jewellery space.
Brought by Mia by Tanishq, the new silver collection — designer pendants, necklaces, rings, earrings, bracelets etc — comes in contemporary style, enamelling and with stones and designs to cater to the young and modern women. Mia is positioned as a brand of bold, modern and chic jewellery. The products are priced in the Rs 1,999 to Rs 5,000 range.
The technology sector is on a high as buyer markets and US and European economies are expected to boom. An across-the-board high growth is on the way that would virtually cover all market segments, said an Everest Group study.
In a serious setback to Infosys, known for its ethical way of conducting business, an arbitration tribunal has directed the tech major to pay an outstanding exit allowance of Rs 12.17 crore with interest to its former CFO Rajiv Bansal (in pic).
Technology has greatly bypassed time, distances and processes and allowed things to happen in real-time and instantaneously!
Nobody has the patience to wait for anything today as technology is capable of offering instant gratification or real-time access to services, products, things, data and contacts. And what was acceptable few years ago, in terms of delay and wait, is not more acceptable today.
India has been enthusiastically embracing digital commerce with open arms and as a result the country is expected to witness a huge surge in on-line buying in the next five years.
The rupee tumbling against the greenback may bring some respite to the Indian tech sector as a major chunk of the industry’s revenues still come from the United States. The currency’s downward str-ide comes at a critical time when the legacy IT is shrinking and the entire business is getting commoditised. The benefit of rupee fall will help domestic tech players which are navigating through these tough times, say observers.
The rupee on Thursday fell below 72-mark for the first time ever against the US dollar before ending the day’s trade at 71.99.
The recent deluge has altered the spice route of the country with torrential rains heavily lashing and bashing the spice gardens of Kerala and Karnataka.
Karnataka is the largest producer of pepper, followed by Kerala, and the states have incurred huge losses as floods washed away pepper wines from thousands of hectares of land. As a result, next year’s pepper production will be down by 40 per cent, say market watchers.
India produces some 75,000 tonnes of pepper annually of which Karnataka alone accounts for 70 per cent while Kerala has a share of some 25,000 tonnes.
The country’s oldest public sector undertaking, ITI Ltd, has roped in a bunch of start-ups to create a tech ecosystem to support its second coming and sustain its future growth.