Shivani Shinde

All stories by Shivani Shinde

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

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

Rediff.com3 days ago

'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.com5 days ago

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.com6 days ago

'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.com6 days ago

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.'

Why Freshers Are Turning Entrepreneurs

Why Freshers Are Turning Entrepreneurs

Rediff.com4 Sep 2024

According to a recent survey, 67% of students polled intend to start their own business within 10 years of graduation.

WazirX looks for white knight; users set to lose 43% funds

WazirX looks for white knight; users set to lose 43% funds

Rediff.com3 Sep 2024

Crypto exchange WazirX has said customers affected by the recent cyber attack will not be able to recover their full funds even as the firm looks to restructure. At a virtual press conference, the firm's advisor said at best the company might look to return 55-57 per cent of the money. "This is what can be returned to users with the benefit of this restructuring," said Jason Kardachi, managing director (restructuring), Kroll.

Is Finternet The Future Of Financial System?

Is Finternet The Future Of Financial System?

Rediff.com29 Aug 2024

'It allows everybody to participate and controls all assets.' 'We want to have something that allows everyone to participate and control all kinds of assets.'

How TCS Rewarded Investors In 20 Years

How TCS Rewarded Investors In 20 Years

Rediff.com26 Aug 2024

TCS's mcap crossed $100 billion in 2018, 13.5 years after the IPO. It took only four more years to double its mcap to $200 billion.

TCS Hikes Campus Offers To...

TCS Hikes Campus Offers To...

Rediff.com14 Aug 2024

'With Prime, TCS is making sure that we are able to secure the right high talent...' 'Colleges will make sure that students who are offered jobs in this category do not go for another company's hiring process.'

Wipro CTO Subha Tatavarti resigns to pursue opportunities outside company

Wipro CTO Subha Tatavarti resigns to pursue opportunities outside company

Rediff.com13 Aug 2024

In the ongoing saga of senior management resignations, Wipro announced on Monday that its chief technology officer (CTO) Subha Tatavarti has resigned. Her resignation will be effective from August 16, 2024. In a regulatory filing, the company said: "Subha Tatavarti, CTO, resigned from the services of the company to pursue opportunities outside Wipro."

Recession fears add to IT sector concerns

Recession fears add to IT sector concerns

Rediff.com6 Aug 2024

Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.

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