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Bengaluru: LTIMindtree has been asked to fix the glitches in the ministry of corporate affairs (MCA) portal by July 10, say sources. The MCAhas been conducting stakeholders' meetings across major cities, where this message was communicated…

BENGALURU: Bengaluru has clinched the 20th spot, moving up two places, in Startup Genome’s The Global Startup Ecosystems Report (GSER) 2023.While Silicon Valley remained on top, New York Cityand London were tied at No 2. With this, the top…

BENGALURU: Foxconn chairman Young Liusaid in the company’s recent earnings call that India’s 1.4 billion people translates to a large potential market for mid-to-high-end products which the company’s clients are focusing on.“Hence, it is…

BENGALURU: It’s going to be another tough night of negotiations for officials from G20 countries as they scramble to put together a communique for the meeting of finance ministers and central bank governors.Members from the world’s 20…

BENGALURU: Wiprohas laid off 452 employees after they performed poorly in internal tests, following a training programme. It is also said to have waived off the Rs 75,000 training fee that it spent on training these freshers. When TOI…

Bengaluru: The rupee depreciating would ordinarily have been a big positive for the Indian IT industry and goods exporters, helping improve margins and competitiveness. But this time, other developments have partially offset the advantage.…

BENGALURU: TCS’s June quarter results and commentary, like Accenture’s two weeks ago, underscore strong demand trends. In constant currency, TCS’s revenue grew 3.5% sequentially and 15.5% year-on-year. In dollar terms revenue was up 10.2%…

Bengaluru: Byju’s founder and CEO Byju Raveendran has made a personal investment of $400 million in the company. The investment is part of an $800-million round that includes investors Sumeru Ventures, Vitruvian Partners, and BlackRock. The…

BENGALURU: HCL Technologies is in the midst of a controversy for asking employees who are quitting the firm to return the performance bonuses that were granted to them every month during the fiscal. The company says it is not doing anything…

BENGALURU: Following the announcement of the Rs 76,000-crore incentive scheme for semiconductors, the government has issued the detailed guidelines around it. The government will provide up to 50 per cent of the project cost to…