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
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
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
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.
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.
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.
E-commerce major Flipkart’s chief financial officer Sanjay Baweja has decided to leave the organisation, marking another top level exit at the company.
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
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
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...
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...
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
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.
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
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.
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
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
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
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
Twitter co-founder Biz Stone will invest in a Bengaluru-based startup, Lookup. Lookup helps people find information on local businesses through text messaging.
