Information Technology
By NewsByts Team
0 Comments
Business, Information Technology, , ,

Mindtree Q4 results: Consolidated PAT falls 3% QoQ : Company declares dividend of Rs 17.5/share

Midcap IT services company Mindtree has clocked 2.8 percent sequential decline in consolidated profit at Rs 317.3 crore for the quarter ended March 2021, hit by weak operating performance, but ended the year confident of maintaining double-digit growth and EBITDA above 20 percent in FY22. Consolidated revenue grew by 4.2 percent quarter-on-quarter to Rs 2,109.3 crore and the dollar revenue at $288.2 million was up by 5.2 percent from the previous quarter. "We are proud to deliver another strong quarter, driven by significant traction in our client portfolio globally, leading…
Read More
By NewsByts Team
0 Comments
Bengaluru, Business, Information Technology, , ,

Infosys reports 2%quarter fall in Q4:Buyback of stocks at 1750.00

Infosys declares dividend of Rs.15.00 per share. Information technology giant Infosys today reported a 2.6 per cent on quarter fall in its consolidated net profit to Rs 5,078 crore for the quarter ended March, which was lower than analysts’ estimate of Rs 5,170.2 crore. The company reported a 2.8 per cent quarter-on-quarter (QoQ) growth in consolidated revenues for the quarter to Rs 26,311 crore, slightly lower than analysts’ estimate of Rs 26,701.8 crore. The Bengaluru-based company also guided for 12-14 per cent sales growth in constant currency…
Read More
By NewsByts Team
0 Comments
Bengaluru, Business, Companies, Economy, Information Technology, , ,

Infosys plans to hire 25,000 freshers over the next 12 months — a 26% boost for campus hiring in India

Infosys plans to ramp up hiring at campuses in India by 26% over the next 12 monthsIANSInfosys plans to hire 25,000 freshers over the next 12 months and only 1,000 will be from overseas.The other 24,000 freshers will be picked up from engineering campuses within India.Last year, the IT giant only picked up 19,000 freshers from within the country, while 2,000 fresher hires were overseas.This is a jump of over 26% from the number of freshers onboarded in the last one year from Indian colleges.Infosys hired around…
Read More
By NewsByts Team
0 Comments
Artificial Intelligence, Digital, Information Technology, ,

The Realities of AI in Cybersecurity: Catastrophic Forgetting

There is a lot of hype about the use of artificial intelligence (AI) in cybersecurity. The truth is that the role and potential of AI in security is still evolving and often requires experimentation and evaluation. SophosAI is committed to openly sharing its data science research with the security community in order to make the use of AI more transparent and influence how AI is positioned and discussed in cybersecurity. Details of other initiatives shared as part of this objective are available in the SophosAI blog. Catastrophic forgetting: What is it?…
Read More
By NewsByts Team
0 Comments
Business, Companies, COVID 19 News, Digital, Economy, Information Technology, Sensex, , , ,

TCS profit jumps to 6.3% in fourth quarter.

TATA CONSULTANCY SERVICES,India's second-largest listed company by market capitalisation, on April 12, has reported a 6.3 percent sequential growth in March quarter consolidated profit at Rs 9,246 crore, driven by better-than-expected growth in revenue and operating income.Consolidated revenue during the quarter grew by 4 percent to Rs 43,705 crore compared to the previous quarter backed by ramp-up of large deals, cross-currency tailwind and recovery in demand.The revenue in dollar terms grew by 5 percent sequentially to $5,989 million in the quarter ended March 2021, against 5.1 percent…
Read More
By NewsByts Team
0 Comments
Entrepreneurs, Information Technology, Mumbai, Technology, Women's Week 2021, , , ,

Women’s Week Special!Reetu Jain’s OMOTEC brings STREAM for students .

Mumbai based On My Own Technology (OMOTEC) was formed in 2016 by Reetu Jain and her co-founder - Shekhar Jain. It is a dynamic innovation and research lab that brings STREAM (Science Technology Research Engineering Art and Math) learning to students of all age groups.  OMOTEC’s curriculum is based on the idea of seamlessly integrating Science, Technology, Engineering, Art and Maths into learning based on real-world applications. The classes are a mix of fun and education designed to spark creativity and prepare children for a technology-driven future. OMOTEC offers quarterly and…
Read More
By NewsByts Team
0 Comments
Bengaluru, Information Technology, Women's Week 2021

Women’s Week Special! Molecular Connections Hire over 200 women employees during the pandemic times

Molecular Connections, a leading global data science company, has recruited over 200 women scientists since the outbreak of COVID-19. The organization continues to break all stereotypes and is headstrong in its mission of empowering women. Testimony to the fact is the award by Working Mother and Avtar--best place for women to work for in 2020. This is the fourth time in a row that the organization won the award. It is ranked among the top 15 best companies for women to work in India based on women…
Read More
By NewsByts Team
0 Comments
India, Information Technology, Technology, ,

New rules to regulate social media and OTT draw the lines between Big Tech and government.

On Thursday, the government unveiled the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 that seek to define the contours for oversight of social media as well as digital media and OTT platforms in the country. This was inevitable. The rules, which come after Ravi Shankar Prasad, Minister of Law & Justice and Information Technology, accused social media platform Twitter of double standards in its response to events at the Red Fort and the US Capitol Hill, are a response to the growing realisation…
Read More
By NewsByts Team
0 Comments
Authored Articles, Information Technology, Technology,

Industry Cloud: The Growing Cloud Trend to Watch Out for in 2021

By Shrikant Navelkar, Director, Clover Infotech Cloud computing has emerged as the biggest enabler for the world economy, businesses and remote workforces during the coronavirus pandemic, and will continue to be an imperative for organizations looking for increased scalability, business continuity and cost efficiency in 2021. According to Gartner, the worldwide spending on public cloud will grow by 18.4 percent in 2021 to a total of 304.9 billion dollars, up from 257.5 billion dollars in 2020. The cloud’s ability to offer pay-per-use, scalable models to achieve cost efficiency…
Read More
By NewsByts Team
0 Comments
Ahmedabad, Business, Entrepreneurs, Information Technology, ,

Cygnet Infotech’s TestingWhiz partners with LambdaTest.

Cygnet Infotech, a global Technology Products & Services company announces a collaboration with ‘LambdaTest’, a leading Cross Browser Testing Cloud. The partnership will strengthen their core competencies and will help enhance their businesses across the globe. TestingWhiz is a codeless automation testing tool for Software, Web, Mobile, Database, Cloud, Web Services and API testing. It is pillared on a strong architecture combined with intuitive Automation Engine and a short learning curve that promises to take your test automation to the next level. Similarly, LambdaTest is the fastest…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.
Exit mobile version