GS WEB TECHNOLOGIES

Infosys CEO Vishal Sikka finally has good news for IT industry UBS said price aggression by tierI IT vendors lasts four to eight quarters, post which the incremental share g...   Read More MUMBAI MUMBAI:   Infosys ' chief executive officer   Vishal Sikka 's recent commentary on stable pricing for the first time since the second quarter of financial year 2014-15 is an indicator of pricing stability in the sector, which is a positive development, said brokerage UBS in a note.   The brokerage said that pick-up in IT budgets in banking, financial services and insurance companies , mainly in the US, which are the major clients of Indian IT vendors, should lead to improved revenue growth in 2017. "An easing pricing environment implies better demand conditions , in which competitive intensity eases as volumes pick up," said UBS.

 Infographic: 2021 forecast on internet users in India The number of internet users in India has been growing manifolds. Now, according to Cisco's latest VNI report for the years 2016-21, the number is expected to further jump to 829 million. This means more than double growth in the number of netizens in India. The report further talks about the devices that people use to access the internet, broadband speed, viewing habits and more.  Here are key highlights:

How bad are the layoffs in the IT industry - GS Web Technologies Back-of-the-envelope calculations show the recent layoffs at Indian IT services companies are a fraction of overall headcount . Most firms explain the layoffs as letting-go of under-performers. But reports suggest things could get worse.

GST network safe from global cyberattack: CEO With just two days left for the rollout of the biggest tax reform since Independence, Kumar assured stakeholde...   Read More   NEW DELHI: As India gears up to kick off   GST   from July 1, GST Network today sought to calm nerves in the wake of global cyber attack, saying its operations have not been affected and registrations have been going on smoothly. Under the new indirect tax regime GST , GSTN will be handling the mammoth IT back office and storing data of over 3 billion invoices per month. "We have taken all care and there is nothing to worry about. Our system is run on Linux software and all data are safe and operations are going on smoothly," Kumar told PTI. The global malware attack named   Petya   had last night disrupted functioning at some central banks and many large corporations in Europe. In India, the attack has hit the functioning of one of the terminals of India's ...

WannaCry ransomware: 5 facts to remember, and 5 rumours you should ignore   A massive ransomware attack, dubbed WannaCry, which started last week is still wrecking havoc on several computers across the world. Computers systems of companies and organizations like FedEx, Nissan, Hitachi, the Russian Central Bank, Telefonica and the British National Health Service have been affected. In India too, the ransomware has claimed victims including Tirupati temple and some computers at police stations in Andhra Pradesh and West Bengal State Electricity Distribution Company Limited. However, there are also several myths and rumours floating on the internet and various WhatsApp groups related to this ransomware. Here are 5 myths and facts about the ransomware attack.  Myth: Ransomware attacks affect only big Companies   One of the biggest myths is that ransomware attacks target only big companies. However, realistically anyone can be at the receiving end ...