Vishal Sikka quit, Infosys set to stumble; some want Nandan Nilekani to effect comeback; will it work out?
Going against the grain of being a conservative IT company, Sikka encouraged his finance team to declare that 8.3% of its revenues during Q1FY18 came from newer technologies. He had instructed the HR team to retrain most of h
As NR Narayana Murthy, Infosys chairman R Seshasayee battle rages; more exits likely
The Board of directors at Infosys is likely to see a restructuring in the coming weeks, sources said, even as the friction between founder NR Narayana Murthy and board chairman R Seshasayee continues to fester beneath the sur
Bigbasket-Amazon talks stuck over valuation
Online grocery firm Bigbasket's talks with multinational e-commerce giant Amazon has come to a halt, with disputes over its valuation and differences over its operating model (OM) occupying centrestage on the negotiation tabl
Byju’s on way to turn India’s first education based unicorn, CEO Byju Raveendran on how he turned it into mammoth online venture
Featured in the Harvard Business School case study and valued at $600 million, Byju’s is on its way to becoming India’s first edu-based unicorn.
IT industry layoffs: For employees, here’s what is the need of the hour
The spree of job losses in India’s biggest IT firms has led to companies trying to alter their focus areas and channelise human resources accordingly.
For IT industry, GST roll-out a $1 bn business
The Indian IT industry is chasing a $1-billion opportunity with the advent of the GST regime, at a time when the sector is going through a bad patch with a slowing demand environment.
Self-driving car fitted with 3D-Lidar, sensors is ‘the’ toy on the Tata Elxsi campus
The field trials could well be a few months away and the road transport authorities will have to then grant them permission for full-on autonomous testing on the road.
Smart manufacturing: With Factory of the Future Lab, Tech Mahindra places a futuristic bet
Tech Mahindra’s Factory of the Future Lab in Bengaluru is a web of futuristic technology solutions, much on the same lines as GE’s Brilliant Factory in Pune.
Snapdeal to sack 600 people, co-founders Kunal Bahl, Rohit Bansal say will take 100% salary cuts
Softbank-backed e-commerce marketplace Snapdeal on Wednesday began a massive lay-off exercise of its employees across its business verticals.
E-commerce major Flipkart CFO Sanjay Baweja quits
E-commerce major Flipkart’s chief financial officer Sanjay Baweja has decided to leave the organisation, marking another top level exit at the company.
Onus is on Flipkart to innovate and grow the market
Binny Bansal, the CEO of Flipkart, India's e-commerce posterboy, believes heightened competition from rivals will only spur the company forward even as it sharpens its focus on newer technologies to deliver quality offerings
Flipkart to launch new private label to take on rivals, says CEO Binny Bansal
India's biggest e-retailer Flipkart will launch a new private label to take on the competition, report Darlington Jose Hector and PP Thimmaya in Bengaluru. Binny Bansal, CEO, Flipkart, said in an interview that private labels
We’ll not expand, we’ll go deep into cities we are in
Online grocer Big Basket hopes to turn in an operating profit by February next year, at least in tier-I cities. Founder and CEO Hari Menon hopes to treble revenues to Rs 1,800-2,000 crore...
Last-mile delivery is crucial… that’s where we want to be innovative: Amazon
With the launch of Amazon Prime — the e-commerce major’s popular global membership programme — users in India get an opportunity to enjoy a slice of online shopping...
Relief for Infosys, TCS, Wipro on H1B, L-1 visas; here’s why
The $100-billion Indian IT services export industry is unlikely to see a major impact from the new Bill proposed by two US lawmakers seeking further restrictions on H-1B
Infosys results: Vishal Sikka lists five priorities for FY17
Ever since Sikka took over as the CEO of Infosys in August 2014, he has been introducing numerous initiatives which have started to resonate well.
Ratan Tata: Calming influence in a sea of profit seekers
At the age of 78, Ratan Tata is probably India’s most prolific individual investor in the country’s startup scene, replete with founders in the age bracket of 25-35 years.
Startup policy: Mere window dressing
The Rs 10,000 crore Fund of Funds is the most controversial. While on the outside it looks like a great move, the fact that the government is looking to invest tax payers’ hard earned money in VC funds is absurd. The gover
Dell digs Digital India, eyes openings in Smart Cities
Stopping short of divulging investment details, Dell said going private had helped the company think long-term and enabled it to accelerate innovation and research initiatives.
Govt’s innovation incentives not tailored for MNC R&D centres
In the Clean Ganga project, we will bring all of the different pieces that we can in putting an IoT solution in place. It is part of the Digital India umbrella for us
Voonik.com: Making sense of online fashion
Sujayath wondered why he needed to understand fashion to buy clothes. Can’t there be help at hand which would enable a customer make the right purchase—that was his line of thinking. And that formed the basis for Voonik
Column: Why Larry page decided to restructure Google to Alphabet
The restructuring will give Google the much-desired space to focus on internet products
Make entry and exit norms easier for start-ups: Pankaj Jain
Whether the investment is coming from the US, Europe or Singapore, let that flow into India and flow back easily. When that happens, you will find the best deals taking place
Uber and Ola drivers earn up to Rs 1 lakh per month
The Ubers and Olas may have disrupted the taxi-hailing market in India with their mobile app-led business model but it is the cab drivers...
Long road ahead
Under Singhal, TFS is looking to increase its customer base to 20 million users by the end of the fiscal from the current 2 million. Recently it had slashed its pricing in a bid to capture the mass market. It is also stepping
D’vano inching its way up
Prashanth S Devan failed to clear his seventh grade exams at school. Twice over. And there ended his student life.
Things lookup: Twitter co-founder Biz Stone buys into India startup story
Twitter co-founder Biz Stone will invest in a Bengaluru-based startup, Lookup. Lookup helps people find information on local businesses through text messaging.
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