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WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations-thumnail

WFH Culture Compels IT Firms Like Infosys, TCS, And Accenture To Relocate To Tier ii And Tier iii Locations

The use of remote working has been encouraged by major IT Firms. Employees at Tata Consultancy Services (TCS) and Infosys have just received emails announcing the commencement of office hours. A hybrid working paradigm has also been encouraged by other Indian IT firms like HCL Tech and Wipro.

IT Farms

Jun 22, 2023

Economic Ramifications of Brexit on Trade and Investment Between the UK and Germany-thumnail

Economic Ramifications of Brexit on Trade and Investment Between the UK and Germany

Ever since the United Kingdom cast its historic vote to exit the European Union on June 23, 2016, followed by its departure from the EU’s single market at the onset

Investment & Funding

Jun 22, 2023

How Poland landed a multi-billion dollar investment from Intel-thumnail

How Poland landed a multi-billion dollar investment from Intel

In order to lessen its reliance on Asia in the face of an unprecedented semiconductor scarcity, Europe is providing billions of euros in subsidies. In exchange, Intel is making significant financial commitments, and Poland chose to join the celebration since Germany had already secured a 30 billion euro investment.

Investment & Funding

Jun 22, 2023

Google and other IT firms charge Microsoft with unfair Cloud business practices-thumnail

Google and other IT firms charge Microsoft with unfair Cloud business practices

According to a Reuters story, Alphabet’s Google and technology trade associations have complained to the Federal Trade Commission about what they claim are unfair business practices in the cloud, including those by Microsoft, the sector’s second-largest vendor by market share. 

News

Jun 22, 2023

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation-thumnail

Vedanta planning to sell Tamil Nadu Copper Plant at a Rs. 4,500 crore valuation

As of March 2023, VRL possesses $1.7 billion in short-term investments, encompassing various bank deposits, quoted bonds, and mutual funds. Experts at CreditSites speculate that these investments could be liquidated

Finance

Jun 22, 2023

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO-thumnail

Prodapt wants to strengthen its presence in the Big Tech sector: Harsha Kumar, CEO

The recently appointed CEO of the Chennai-based company, Harsha Kumar, told ETtech that Prodapt is intensifying its focus on connected platforms and software (CPS), more widely known as Big Tech.

News

Jun 22, 2023

Biden Administration to ease Visa norms for skilled worker as PM visits US-thumnail

Biden Administration to ease Visa norms for skilled worker as PM visits US

Recognizing the need for comprehensive immigration policy reform, the Biden administration has been diligently working to improve visa accessibility for Indians. President Joe Biden aims to forge a stronger bond

COVID 19

Jun 22, 2023

China’s Stance on Debt Restructuring and the Common Framework-thumnail

China’s Stance on Debt Restructuring and the Common Framework

The upcoming summit in Paris, where Premier Li Qiang of China and global leaders will convene, endeavors to tackle the predicament of debt burdens faced by economically disadvantaged nations and explore avenues for climate financing.

Business

Jun 22, 2023

Carlyle, an investment firm to offload its 2.53% enturestake in Delhivery-thumnail

Carlyle, an investment firm to offload its 2.53% enturestake in Delhivery

Delhivery went public with its initial public offering (IPO) in May of the previous year. However, the stock has experienced a relatively subdued performance, declining by approximately 28%. In the

Industry

Jun 22, 2023

The first opportunity fund raised by Blume Ventures closes at $25 million-thumnail

The first opportunity fund raised by Blume Ventures closes at $25 million

The new opportunity fund of early-stage venture capital company Blume Ventures has made its first closing at Rs 200 crore (about $25 million), or almost half of the total amount it aims to raise by the end of August.

Investment & Funding

Jun 22, 2023

In FY24, LTIMindtree plans to invest $40-50 million in AI capabilities-thumnail

In FY24, LTIMindtree plans to invest $40-50 million in AI capabilities

According to a senior corporate official, LTIMindtree intends to invest $40–50 million in artificial intelligence (AI) capabilities and services during the current fiscal year in order to establish a consistent revenue stream from the rapidly developing technology.

Business

Jun 22, 2023

40% of Indians see a loss in their finances as a result of inflation-thumnail

40% of Indians see a loss in their finances as a result of inflation

According to a YouGov study, during the last year, high inflation reduced the disposable income of over 40% of urban Indians, yet the country had one of the smallest declines in comparison to other foreign markets.

Finance

Jun 21, 2023


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