Articles for Services Tech

IIT Delhi exit survey reveals 12.1% students are preparing for competitive exams, only 53.1% received placement offers
2 weeks, 3 days ago

IIT Delhi exit survey reveals 12.1% students are preparing for competitive exams, only 53.1% received placement offers

Hindustan Times  

The Indian Institute of Technology Delhi has released a new exit survey that highlights students’ interest in exploring multiple and diverse career opportunities including startups, entrepreneurship, higher studies, post-doctoral research, civil services, and more. As per IIT Delhi exit survey, 13.5 percent or 359 students responded that they are going for higher studies. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} As per IIT …

Students Survey Iit Iit Delhi Higher Studies Delhi Exit
This US tech firm is now bigger than some Indian IT companies. Here's how
1 month, 1 week ago

This US tech firm is now bigger than some Indian IT companies. Here's how

Live Mint  

US technology services firm EPAM Systems has emerged bigger than LTIMindtree Ltd and grown faster than Tech Mahindra Ltd with a simple hack: doubling its employee strength in India. In this period, Tech Mahindra, India’s fifth-largest information technology services provider by revenue, recorded a growth rate of 0.32%, reaching a revenue of $1.6 billion at the end of July-September 2024 …

Ukraine Russia Employees Workforce Revenue End Its Workforce
Top Gainers and Losers Today: A Snapshot of the Nifty and Sensex Market
1 month, 3 weeks ago

Top Gainers and Losers Today: A Snapshot of the Nifty and Sensex Market

Live Mint  

Top gainers and losers today in the Indian stock market show significant movements. The Nifty index experienced a decline of 0.56%, with top gainers including Cipla, Larsen & Toubro, Dr. Reddy's Laboratories, Oil & Natural Gas Corporation, and Hero Motocorp. Conversely, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Infosys, and Wipro were among the top losers. In the BSE, Cipla, …

Meta Says Its Llama AI Models Being Used by Banks, Tech Companies
3 months, 3 weeks ago

Meta Says Its Llama AI Models Being Used by Banks, Tech Companies

News 18  

NEW YORK – Meta's Llama artificial intelligence models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and computer code generation, the social media giant said in a statement on Thursday. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year, …

Ai Models Meta Llama
HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared
7 months, 4 weeks ago

HCL Tech Q4 results: IT major's net profit at ₹3,986 crore; ₹18 interim dividend declared

Hindustan Times  

HCL Tech Q4 results: IT major's consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year - a gain of 0.1%. The services revenue of HCL Tech crossed ₹ 1 lakh crore on run rate basis during the quarter under …

Tech Crore Yoy Hcl Hcl Tech Interim Dividend
Russian antitrust agency complains to Apple over users' limited payment services
8 months, 2 weeks ago

Russian antitrust agency complains to Apple over users' limited payment services

The Hindu  

Russia's antitrust agency on Thursday said it had written to Apple, asking the U.S. tech giant to explain why Russian users of Apple devices do not have access to full functionality of banking and payment services. Russia's Federal Antimonopoly Service has fined Apple around $26 million in the last two years related to what it described as Apple's abuse of …

Russia Apple App Russian Limited Payment Fas
Bank of America expects India fundraising to be busier than ever
10 months ago

Bank of America expects India fundraising to be busier than ever

Live Mint  

Fundraising activity in India will be stronger than ever over the next two years as conglomerates, tech firms and financial services providers hunt for capital to fuel growth and owners seize the moment to sell holdings, Bank of America Corp.’s co-head of investment banking in the country said. Reliance Industries Ltd., controlled by Asia’s richest person Mukesh Ambani, has been …

India Purohit
India’s developing tech certifications presenting business opportunities: Dell
1 year ago

India’s developing tech certifications presenting business opportunities: Dell

Live Mint  

New technology certifications and standards that are being developed in India are opening up fresh business opportunities for Dell Inc., Peter Marrs, the American hardware and services company’s president for Asia-Pacific and Japan, and John Roese, its global chief technology officer, said at a media roundtable on technology trend projections for the next year. India’s developing technology certifications, regulations and …

Business Technology India Tech Cases Service Ai
Google changes user data practices to end German antitrust probe
1 year, 2 months ago

Google changes user data practices to end German antitrust probe

The Hindu  

Alphabet unit Google has agreed to change its user data practices to end a German antitrust investigation aimed at curbing its data-driven market power, the German cartel office said on Thursday. The German antitrust watchdog in January issued a charge sheet known as a statement of objections to Google over its data processing terms, saying that users were not given …

Data Google User German Services Tech
Accenture’s layoffs signal tough times for India’s IT giants
1 year, 8 months ago

Accenture’s layoffs signal tough times for India’s IT giants

Live Mint  

IT consulting giant Accenture shocked the industry by announcing plans to trim its workforce by 19,000 over the next 18 months. Wipro reduced its headcount by a net 435 employees in Q3, FY23 after a low net addition of 605 employees in Q2. HCL Tech added a net 2,945 employees in Q3, taking its total headcount to about 220,000. Most …

India Employees Interest Rates Rates Headcount Infosys Tcs
‘Small warnings have started’: Why HCL Tech shares slumped 7% today
2 years ago

‘Small warnings have started’: Why HCL Tech shares slumped 7% today

Live Mint  

Shares of HCL Tech today slumped 7% to ₹1,028 on BSE after its management indicated FY23 growth to be at the lower end of the 13.5% to 14.5% band. You will get them cheaper over the next 6 months.” Infosys, Wipro and Tech Mahindra shares also struggled today, down between 1% and 3%. HCL Tech had in October raised its …

Tech Nifty Hcl Tech
IT Stocks Bleed after TCS’ Muted Q1 results
2 years, 5 months ago

IT Stocks Bleed after TCS’ Muted Q1 results

Deccan Chronicle  

Mumbai: IT sector stocks suffered losses on Monday after Tata Consultancy Service's first quarter performance missed estimates and management commentary indicated clients' tech spends could be impacted due to the current macro economic environment. TCS shares closed 4.64 per cent down at Rs 3,113.25 on the BSE, wiping out Rs 55,471.21 crore from its market capitalisation, now reduced to Rs …

Cent Tcs
How Europe’s bold new rules for Big Tech could change the services you use
2 years, 8 months ago

How Europe’s bold new rules for Big Tech could change the services you use

CNN  

New York CNN Business — Apple users could soon install apps outside the App Store. By imposing new regulations on technology platforms deemed to be dominant “gatekeepers,” the Digital Markets Act could result in sweeping changes to how EU citizens — and potentially consumers around the world — interact with major tech companies, including Amazon, Apple, Google and Facebook parent …

Europe Change Services Google Apple Changes Rules
EU agrees on new digital rules to rein in Big Tech dominance
2 years, 8 months ago

EU agrees on new digital rules to rein in Big Tech dominance

Associated Press  

BRUSSELS — The European Union set the stage for a stepped-up crackdown on big tech companies with an agreement on landmark digital rules to rein in online “gatekeepers” such as Google and Facebook parent Meta. “What we have been deciding about yesterday will start a new era in tech regulation,” the European Union’s lead lawmaker Andreas Schwab, said at a …

Services Google Online Companies Rules Act European
EXPLAINER: How sweeping EU rules would curb tech companies
2 years, 11 months ago

EXPLAINER: How sweeping EU rules would curb tech companies

Associated Press  

LONDON — Online companies would have to ramp up efforts to keep harmful content off their platforms and take other steps to protect users under rules that European Union lawmakers approved Thursday. The legislation is part of a sweeping overhaul of the European Union’s digital rules aimed at ensuring online companies, including tech giants like Google and Facebook parent Meta, …

Tech Services Google Digital Act Users Tech Companies
EU tech rules should curb cloud computing providers
3 years, 1 month ago

EU tech rules should curb cloud computing providers

The Hindu  

Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google and Facebook should also tackle cloud computing services providers over potential anti-competitive practices, a study said on Tuesday. The report coincides with concerns that some EU lawmakers who are reviewing the Digital Markets Act proposed by EU antitrust chief Margrethe Vestager may be lenient towards cloud computing …

Google Cloud Jenny Dma
Countries around the world tighten the noose on Facebook
3 years, 10 months ago

Countries around the world tighten the noose on Facebook

Op India  

The social media giant Facebook is in hot water recently, with legislations and fines targeting the goliath company cropping up in multiple countries. In Italy, Facebook faces a fine of seven million euros from an Italian competition watchdog for failing to comply with a previous order related to improper use of its users’ data. William Easton, Managing Director, Facebook Australia …

Italy World Australia Tech Services Million Ban
Digital Services Act and Digital Markets Act: Europe could break up Big Tech companies like Google and Facebook
4 years ago

Digital Services Act and Digital Markets Act: Europe could break up Big Tech companies like Google and Facebook

CNN  

London CNN Business — Officials across Europe on Tuesday unveiled legislation that would give regulators sweeping new powers to take on US tech giants, threatening huge fines and raising the prospect of breakups or bans for repeat offenders. A second proposal called the Digital Markets Act would subject firms that are branded “gatekeepers” to a list of dos and don’ts …

Europe Tech Google Companies Digital Markets Act Face
Tech Mahindra sells stake in Altiostar to Rakuten
4 years, 3 months ago

Tech Mahindra sells stake in Altiostar to Rakuten

Live Mint  

Indian IT services company Tech Mahindra and Rakuten Mobile Inc., a Rakuten group company responsible for mobile communications, on Wednesday announced an agreement under which the former has been appointed the preferred partner for global go-to market opportunities for the Rakuten Communications Platform. Based on the agreement, as a preferred partner, Tech Mahindra will provide its leading technologies and software …

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