Sep 4, 2019 - IT outsourcing sector faces heat from global in-house units

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The Key to Creative Work Is Knowing When to Walk Away

There is a moment in the Netflix documentary series Abstract that's stayed with me: Illustrator Christoph Niemann is hard at work when he notices that it's 6 p.m. Without hesitation, he stops what he's doing, grabs his jacket, and leaves the office. As a viewer, I was shocked. Isn't clock-watching only for people who hate their jobs? Wasn't he in his flow? What if he couldn't find his rhythm again tomorrow?

Over the next few days, I became obsessed with this seemingly small moment. "Discipline equals freedom," as in the book by former Navy SEAL Jocko Willink, had been my oft-repeated mantra. But this made me question everything I'd been taught about the importance of muscling through creative projects. Was that even "discipline" at all?

Continued here

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Govt Asks Capgemini To Reinstate 300 Employees They Fired During Lockdown; Conciliation Meeting Arranged

IT behemoth Capgemini has been ordered by Govt to immediately reinstate 300 fired employees in Pune. A Conciliation meeting between the employee’s representatives and Capgemini has also been arranged on July 13th, to sort out this matter.



Today's TradeBriefs Cartoon

'We believe COVID-19 has bottomed out,' says Rajesh Gopinath. Key takeaways from TCS Q1 results

Pandemic affected all verticals, with the exception of Life Sciences and Healthcare, with varying levels of impact, said TCS CEO Rajesh Gopinathan.TCS reported 13.81% year-on-year fall in net profit at ₹7,008 crore for the June quarter

Truecaller asserts app safe after Army flags it for leaking data

The company termed its inclusion in the list disappointing, unfair and unjust and emphasized upon the company's Swedish roots.Truecaller said it stores all user data within India, does not upload phonebooks or sell user data and majority of its employees are of Indian origin

Over 15 million in India use WhatsApp Business app every month

WhatsApp Business app is also introducing new features like QR codes and catalog sharing to help companies get discovered

With valuations at historical low, M A activity to pick up pace in IT industry

The hunt for the right acquisition in the IT industry is expected to pick up pace as valuations are down to a historical low, with the possible merger of mid-tier players Mindtree and L&T In

Microsoft Surface Pro X: A slim and stylish workmate

This nicely designed laptop-tablet hybrid is for those who want to work on the go and don’t need heavyweight processing power

Scripbox co-founder Ashok Kumar ER joins GiveIndia as President

GiveIndia, a Bengaluru-based nonprofit, announced on Thursday the appointment of Ashok Kumar ER its President. Ashok Kumar brings extensive leadership experience, with a track record of accelerating

TCS: Cost control and large deals bode well for the future

TCS, the first company to announce Q1 results for FY21, was severely impacted due to the pandemic. Except for lifesciences and healthcare, revenues from all other verticals have taken a hit.The weakne

Cognizant CMD Ramkumar Ramamoorthy quits

In a sudden development, two veterans at the $17-billion Cognizant Technology Solutions — Ramkumar Ramamoorthy, CMD, Cognizant India, and Pradeep Shilige, Global Delivery Head — have resigned. This fo

Microsoft Teams to soon allow up to 20,000 participants in webinars

It has tied up with Lenovo and Yealink to make smart displays based on Teams and Cortana. These are similar to Lenovo’s smart displays powered by Google Assistant but running on Microsoft’s virtual assistant, Cortana

Google scraps cloud initiative in China, other markets

In May, Google shut down the initiative, known as 'Isolated Region' and which sought to address nations’ desires to control data within their borders.The initiative would have allowed Google to set up cloud services controlled by a third party, such as a locally owned company or a government agency

Oracle offers to put its new cloud technology inside customer data centers

Oracle Corp on Wednesday said it is now offering to put all of its cloud computing technology inside its customers' data centers for an $18 million sp..

Cognizant India chairman Ramkumar Ramamoorthy set to retire

Cognizant India chairman and MD Ramkumar Ramamoorthy is set to retire from the company, effective July 17, just short of a year since he was appointed to the position, and after 23 years at the company.Get latest Information Technology online at cnbctv18.com

German intel warns against giving data to Chinese tech firms

Germany's domestic intelligence agency is warning consumers that personal data they provide to Chinese payment companies or other tech firms could end..

How India is becoming an unlikely Asian hotspot for mergers acquisitions

Thanks largely to $15 billion of investments in Jio, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year.

Microsoft India appoints Navtez Bal as Executive Director for public sector unit

He takes over from Manish Prakash, who will transition to the role of Government Regional Business Lead, Microsoft Asia, it added. Get latest Business online at cnbctv18.com

Ahead of TCS result, ISG warns of sharp slowdown in financial services deals

Both Tata Consultancy Services Ltd (TCS) and Infosys Ltd derive more than 30% of their revenues from banking, financial services and insurance (BFSI) vertical

GSK mulls tech captive in India, may reduce outsourcing to Indian IT

GSK, which outsources technology services to Indian IT companies such as Tata Consultancy Services and Infosys and others, is looking to focus on insourcing technology development and services, said one of the two sources familiar with the development.

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