Infosys Cautiously Navigates Challenges Amid Downturn in Key Sectors Indian multinational IT giant Infosys is approaching the remainder of the year with a soft and cautious outlook as it grapples with the repercussions of a downturn in several critical sectors. The company continues to face challenges in telecom, high-tech, retail, and areas of payments and …
RBI Slaps INR 5.39 Crore Penalty on Paytm Payments Bank for KYC Non-Compliance and Cybersecurity Violations In a significant development, the Reserve Bank of India (RBI) has imposed a penalty of INR 5.39 crore on Paytm Payments Bank for non-compliance with Know Your Customer (KYC) norms and violations related to cybersecurity. This action underscores the …
TCS Continues 100% Variable Pay for Majority of Employees in Q2FY24 Amidst Workforce Changes Tata Consultancy Services (TCS), India’s largest IT services company, is making headlines with its recent compensation strategy, as it continues to adapt to the ever-changing landscape of the IT industry. In a move that has garnered attention, TCS announced that it …
Stanley Zhong Redefining Success in Tech Beyond College Admissions The story of Stanley Zhong, an 18-year-old who was hired by Google despite facing rejection from the majority of colleges he applied to, has garnered widespread attention and ignited discussions about college admissions policies and opportunities for young talents. Stanley’s journey is emblematic of the changing …
Tata Consultancy Services (TCS) Exceeding Expectations and Leading India’s IT Export in Q2 Tata Consultancy Services Ltd (TCS), India’s leading IT services exporter, recently released its financial results for the second quarter. The company reported a net profit of 113.42 billion Indian rupees ($1.36 billion) for the three months ending on September 30. This represents …