As high as 89 per cent of the population in India say they are suffering from stress, compared to the global average of 86 per cent, revealed a study by Cigna TTK Health Insurance, a joint venture between US-based health services company Cigna Corporation and India’s TTK Group.
The next earnings season begins this week with tech flagship TCS unveiling its first quarterly results of the current fiscal on Tuesday.
Keeping his pre-poll promise, newly sworn-in Karnataka chief minister HD Kumaraswamy (in pic) on Thursday announced a farm loan waiver of a mammoth scale of Rs 34,000 crore. This waiver will benefit close to 30 lakh farming families that have crop loans of up to Rs 2 lakh.
The job market is expected look up in the next few months, says staffing firm TeamLease Services based on its recent survey among 695 small, medium and large companies across 16 sectors in 8 cities.
The report forecasts an increase of 4 per cent in the net employment outlook to 95 per cent, (April– September 2018) as compared to 91 per cent for the preceding half-year, October-March 2017-18. The increase in GDP and optimistic economic growth is being attributed to the positive hiring outlook.
Abuse of social media can be dealt with the introduction of technologies like Artificial Intelligence (AI) and a specific legal framework, said Kris Gopalakrishnan, co-founder of Infosys.
Speaking on the sidelines of a CII meet here on Tuesday he said, “It is very unfortunate that some are misusing or underestimating the power of social media. Some tend to exploit the ‘anonymous’ nature of the social media and show courage to express whatever comes to their mind without realising the impact of their conversations on the society.”
Business leaders are becoming increasingly conscious of the impact cyber security can have on business outcomes. Gartner, Inc sa-id that security leaders sh-ould harness this increas-ed support and take advantage of the emerging tren-ds, to improve their organisation’s resilience while elevating their own standing.
Senior business executives are finally becoming aware that cyber security has a significant impact on the ability to achieve business goals and protect corporate reputation.
An anonymous whistleblower has questioned Infosys for its undue delay in filing Form 20F with US Securities and Exchanges Commission, and asked the company to confirm whether any ongoing investigation with the agency is pending.
Infosys in the last six months has invested in understanding the best way for its brand to evolve and credibly assist its clients in their digital transformation, company chairman Nandan Nilekani said during the 37th Annual General Meeting (AGM) of the company.
Addressing shareholders on Saturday, Nilekani said, “Infosys would follow a path of nimble learning----seen among start-ups---and all its employees will be equipped with all the knowledge and intellectual assets required to guide and shape its clients’ pursuits for digital future.”
Vishal Sikka is back in headlines, but not in connection with Infosys or Panaya this time. Cloud analytics firm Teradata Corporation has filed a lawsuit against SAP AG accusing Sikka, among others, of stealing trade secrets from a terminated joint venture product between the two firms for building the HANA platform. Sikka was the CTO of the German software maker SAP. Teradata alleged that SAP quickly developed and released HANA, SAP’s flagship database offering, by misappropriating Teradata’s intellectual property.
Global technology and services major the Bosch Group will invest 220 Million Euros (over 1,736 crore) in India in next three years to expand its operations.
“To meet the rising demand for tailored solutions in the Indian market and also to increase India’s contribution to Bosch’s global network, we will invest 220 million euros over the next three years,” group CEO Dr Volkmar Denner announced Wedn-esday.
A major portion of this fund will go into expanding Bosch’s smart campus in Adugodi, Bangalore and also towards modernising its manufacturing facilities.