American technology company Intel plans to reduce its workfoses more than 20 percent. It aims to eliminate bureaucracy and balance the management. This will be the first major restructuring since the new Chief Executive Officer of Intel, Bu Tan last month. Bloomberg news Report In a source who has been aware of the company’s plan,…
Infosys, one of the large software companies, recently excluded around 240 trains. These trainees were expelled from the company for not passing the test. Infosys has offered these trainees a month’s salary as well as external training, assomdation and travel allowance. A media Report It has been reported that Infosys has sent an email to…
The US Equal Employment Opportunity Commission (EEOC) has started an investigation of this charge. Most of the former workers accusing discrimination are more than 40 years of age and non -South Asian origin. They say that TCS had trimmed him but took favor to his Indian colleagues. Some of the Indian workers were working on…
Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company’s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) has recorded a net profit of about Rs 262 crore in the third quarter of the current financial year. This is a quarterly profit of BSNL after about 17 years. In the last few months, the company has launched new services and has also improved its functioning….
Infosys included in large software companies recently had a dispute over the trimming of more than 300 freshers. After this, the company has postponed the internal assessment for trainees for a week. However, Infosys says that this assessment has been postponed with the aim of giving more time to this trainees for preparation. IT workers’…
American technology company Google plans to open its first retail store in India outside the US. The company is looking for location for this store. India is an important growth market for Google. Recently, the company had informed about investing about $ 10 billion in the country. Google has five physical retail stores in the…
Infosys included in large software companies were recently trimmed in large numbers. The Karnataka government’s Labor Ministry investigated the sorting at the company’s Mysuru campus. The interim report of this investigation states that no labor law has been violated by the company. A media Report It is reported that officials of the State Labor Department…
For the past few weeks, the Crypto market has volatility with strict decisions and macro economic signals of American President Donald Trump. The crypto market was boom on Thursday, postponing Trump’s automobile’s import for a month. The biggest cryptocurrency Bitcoin was more than 1.80 percent profit in terms of market value. International Crypto Exchange after…
The crypto market was on Thursday due to the fall of inflation in the US over the estimate. The largest cryptocurrency bitcoin’s price has increased by more than one percent in terms of market value. The Consumer Price Index (CPI) in the US has increased by 2.8 percent on a year-on-year basis. International Crypto Exchange…