Rai Tech

Hiring will be a trend in all key sectors like Technology, BFSI, Healthcare, Manufacturing and Retail. Business Operations, Sales and Technology are expected to be functions in high demand.  from Zee Business: IT News http://bit.ly/2F0KuAS

In a regulatory filing today, Infosys said the Board is in the process of selecting the next CFO. The current CFO, MD Ranganath will step down on November 16, 2018. from Zee Business: IT News https://ift.tt/2Pv7w8C

The IT firm had agreed to pay Bansal a severance amount of Rs 17.38 crore or 24 months of salary, but the company suspended payments after he got Rs 5 crore as co-founder N R Narayana Murthy and others objected to the severance package as excessive. from Zee Business: IT News https://ift.tt/2D5lAjx

​IT services firm Tech Mahindra reported 12.4% rise in consolidated net profit at Rs 897.9 crore for the first quarter ended June 2018. The firm had registered a net profit of Rs 798.6 crore in the corresponding quarter of the last fiscal, Tech Mahindra said in a statement. from Zee Business: IT News https://ift.tt/2vndLhU

The company statement said that it approved and recommended issue of bonus shares to celebrate the 25th year of Company’s public listing in India and to further increase the liquidity of its shares. The bonus issue of equity shares and ADSs will be subject to approval by the shareholders, and any other applicable statutory and regulatory approvals. T from Zee Business: IT News https://ift.tt/2ujSCFF

Salil Parekh, CEO and MD said, “The strong revenue and margin performance in this quarter shows that our dual emphasis on Agile Digital and AI-driven Core services is resonating with our clients”. He added, “With our Agile Digital business growing sequentially at 8% in constant currency and increase in our large deal wins to over US$ 1 billion, we see good traction in the market.”  from Zee Business: IT News https://ift.tt/2ujmgem

"The buy-back size (Rs 4,000 crore) does not include any expenses for the buy-back, like filing fees payable to the Securities and Exchange Board of India (SEBI), advisors` fees, public announcement publication expenses, printing and dispatch expenses, transaction costs," the filing on Thursday said.   from Zee Business: IT News https://ift.tt/2unBwpu

Leading stock exchange BSE has postponed the launch of its new platform for listing startups. The platform, scheduled for launch today, was aimed at facilitating the listing of companies in sectors such as IT, ITES, bio-technology and life sciences, 3D printing, space technology and e-commerce.   from Zee Business: IT News https://ift.tt/2KTFgtn

Citing the example of AI backed machines in health care, he said simple technologies for thermal imaging to detect breast cancer might disrupt mammography, the traditional mode of breast cancer detection. He said the reason was that the powerful AI engines in them examine thousands of such images and has a database of past diagnosis. "And this (AI) is able to do it better than traditional mammography and things like that," he said.   from Zee Business: IT News https://ift.tt/2KEymYX