Shivani Shinde

All stories by Shivani Shinde

How Indian IT sector will fare in FY25

How Indian IT sector will fare in FY25

Rediff.com6 days ago

The Indian IT services industry is expected to clock revenue growth in the mid-single digit for the financial year 2024-2025 (FY25), according to a report by Icra for the year.

ChatGPT Downtime: Wake-up Call For AI

ChatGPT Downtime: Wake-up Call For AI

Rediff.com13 Dec 2024

The outage raised broader concerns about the dependency on a few large tech companies controlling critical platforms.

Google's Willow milestone may revolutionise AI, quantum computing

Google's Willow milestone may revolutionise AI, quantum computing

Rediff.com12 Dec 2024

With Google announcing the milestone of Willow - a state-of-the-art quantum computing chip that can solve complex problems in under five minutes, a computation so complex it would have taken a supercomputer around 10 septillion (10^25) years to complete - tech experts believe this breakthrough could impact artificial intelligence (AI), particularly by making it more accessible to the masses. However, industry players caution that it may take several years for this innovation to become commercially viable.

AI Boom Fuels Workforce Upskilling

AI Boom Fuels Workforce Upskilling

Rediff.com10 Dec 2024

55% Indians fear that their skills could become partially or fully obsolete within the next five years.

Son's AI Hopes From Indian Business

Son's AI Hopes From Indian Business

Rediff.com28 Nov 2024

'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'

SAP to step up hiring in India: CEO

SAP to step up hiring in India: CEO

Rediff.com7 Nov 2024

German technology major SAP views India as the fastest growing market, where it plans to embark on an aggressive hiring spree, a top company executive said on Wednesday. "India is among the top 10 markets for SAP and growing fastest. We will continue to invest in India. "We are expanding our campus to accommodate 15,000 more people.

'We have secured a place for large deals'

'We have secured a place for large deals'

Rediff.com4 Nov 2024

'Our growth in banking, financial services, and insurance (BFSI) is a prime example.'

'Lot Of Interest In GenAI And The Art Of Possible'

'Lot Of Interest In GenAI And The Art Of Possible'

Rediff.com28 Oct 2024

'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'

Q2 results: Slow growth bottoming out in the top five IT companies

Q2 results: Slow growth bottoming out in the top five IT companies

Rediff.com26 Oct 2024

The second-quarter performance of the top five information-technology services firms gives the hint that slow growth has bottomed out on the back of discretionary spending kicking in for the sector's largest vertical - the banking and financial services. However, concern about the macro-environment continues to be a challenge. Among the top four - Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro - it is Bengaluru-based Infosys that has performed the best and that was evident in its full-year revenue guidance.

'AI Doesn't Care Where It Goes To School'

'AI Doesn't Care Where It Goes To School'

Rediff.com25 Oct 2024

'No one manufactures intelligence at the moment.' 'This is a concept that your IT industry understands.' 'What you need is infrastructure. Everything else can then be taken care of.'

Nvidia, RIL join forces to build AI computing infra

Nvidia, RIL join forces to build AI computing infra

Rediff.com25 Oct 2024

American chip behemoth Nvidia Corp and India's retail-to-refining giant Reliance Industries on Thursday unveiled their goal to build a formidable AI computing infrastructure in the country. Highlighting the tie-up, Jensen Huang, founder and CEO of Nvidia, made a broader appeal: India should focus on "manufacturing" AI, rather than racing to build semiconductor fabs. As part of this collaboration, Nvidia will reportedly supply its Blackwell AI processors to power Reliance's one-gigawatt data center in Jamnagar, Gujarat.

Facebook, Instagram Plan To Combat Scams

Facebook, Instagram Plan To Combat Scams

Rediff.com22 Oct 2024

Facial Recognition Technology will be deployed to counter celebrity-bait scams.

Specialised skills to drive 20-25% growth in IT fresher hiring

Specialised skills to drive 20-25% growth in IT fresher hiring

Rediff.com17 Oct 2024

Fresher hiring, which has been subdued as Indian information technology (IT) services firms scaled back their recruitment, is set for a turnaround. The IT sector's fresher hiring is expected to rise by 20-25 per cent for 2024-25 (FY25). Additionally, the global capability centres are projected to boost their fresher hiring by 40 per cent compared to last year, according to a TeamLease Digital analysis.

IT Freshers, What You Need To KNOW

IT Freshers, What You Need To KNOW

Rediff.com17 Oct 2024

The IT sector's fresher hiring is expected to rise by 20% to 25% for 2024-2025. The increase in hiring is driven by a focus on specialised skills catering to segments like AI, machine learning and data analytics.

IT firms may remain on recovery path in Q2

IT firms may remain on recovery path in Q2

Rediff.com11 Oct 2024

Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.

Marriott to set up GCC in Hyderabad, 1st in hospitality

Marriott to set up GCC in Hyderabad, 1st in hospitality

Rediff.com4 Oct 2024

Marriott International will set up a global capability center (GCC) in Hyderabad, which will be its first such offshore unit in India and will help support Marriott's various operations across its global enterprise in 141 countries and territories. Marriott Tech Accelerator is also -- in all likelihood -- the first ever GCC from a hospitality major being set-up in India. While the company did not give details of the size of the center, senior state government officials said that the company will hire 300 people by the first quarter of the calendar year 2025.

IT Firms Cautious On Salary Hikes

IT Firms Cautious On Salary Hikes

Rediff.com26 Sep 2024

The good news is that salary hikes are expected, though it is uncertain when they will be implemented.

Ordering Food Online? Read This

Ordering Food Online? Read This

Rediff.com19 Sep 2024

There's an average aggregator premium of Rs 46 per dish (in hidden costs) compared to delivery orders placed on restaurants' own channels. Conservatively, this translates into an additional annual financial burden of at least Rs 12,000 for the average Indian household in major metro/Tier-I cities.

WhatsApp's Plan For Small Businesses

WhatsApp's Plan For Small Businesses

Rediff.com13 Sep 2024

Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.

70% Of Fortune 500 Book Passage To India

70% Of Fortune 500 Book Passage To India

Rediff.com12 Sep 2024

'India has undeniably become the GCC capital of the world.'

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