Page 10 - Sourabh Lele

MeitY likely to announce financial support for design start-ups on Friday

The government has so far on-boarded 23 start-ups under the semiconductor DLI scheme

Govt promises probe in alleged breach of privacy involving WhatsApp

This is in response to a Twitter engineer's claim that WhatsApp accessed the microphone of his smartphone when it was not in use

Cisco to start manufacturing in India, eyes $1 billion production capacity

Cisco currently has some 15,000 employees in India with a presence in Bengaluru and two other locations. India serves as the second largest R&D center for Cisco next to the USA

Privacy-centred web browser Ulaa to remain free for end-users, without ads

Zoho Corporation recently launched Ulaa, a privacy-centered web browser that offers an ad-blocker, along with five different browser modes

50 months on average: Delayed patent examinations stifle inventors

Experts say such delays in the patent examination may become a speed bump for Indian innovators if not improved soon

Select Microsoft users to get peek into AI 'game changer' for office work

The Redmond, Washington-based company said it had received an "overwhelming feedback" from the earliest 20 customers using Copilot

Accenture India chief Rekha Menon to retire; Role split between two

Sandeep Dutta to lead professional services company's India Market Unit

Cognizant rejig to cost $400 mn over 2 years, to lay off 3,500 employees

The company's bookings for the quarter stood at $25.6 billion on a trailing 12-month basis, up from $24.1 billion in the fourth quarter (Q4) of 2022

Cognizant to focus on increasing presence in smaller Indian cities

International IT services company says it will lay off 3,500 employees and redistribute physical workplaces

India likely to have 900 mn active internet users by 2025: Report

56% of all new users will be from rural India by 2025, it says

Indian start-ups distance themselves from IAMAI, call it 'pro-Big Tech'

Say the association is led by executives of tech majors and favours these firms

IT mid-caps stick to steady growth amid uncertain macroeconomic environment

Firms such as Persistent Systems (Persistent), Coforge, KPIT Technologies (KPIT), and Cyient performed better on key performance metrics

Not impacted by banking crisis, BFSI vertical still growing: LTIMindtree MD

We can say that the merger activities were completed in record time, says Debashis Chatterjee the CEO and Managing Director of the firm

Uncertainties significant, but order book at record high: Coforge CEO

'Macroeconomic environment 'significantly uncertain, but varies across industries: Sudhir Singh

Q4 results: India's IT services biggies fail to meet expectations

Wipro net dips 0.4% in Q4, guides for revenue contraction in current quarter

MeitY calls the second meeting on the Digital India Act on May 3

However, the ministry has received very few suggestions in over one-and-half months after the meeting, said a source aware of the matter

After a slow start, PLI scheme may switch on the afterburners in FY24

Rs 8,083 cr is expected to be disbursed this fiscal

Wipro Q4 profit declines 0.41% to Rs 3,074.5 cr, revenue rises 14.4%

Net profit for the full year FY23 dipped 7.16 per cent to Rs 11,366.50 crore

Wipro announces Rs 12,000-crore share buyback at Rs 445 per share

Wipro initiated a buyback programme in 2020 worth Rs 9,500 crore

Patent applications grow 13.6% in FY22, highest in a decade: Nasscom report

Report titled 'Unpacking India's IP Ecosystem for an Innovation-led future' says rapid growth in emerging technologies is driving innovation and emergence of new solutions across several industries