Avik Das

Bangalore

Associate Editor at Business Standard

Business journalist with @timesofindia. Former @Reuters. Tracks real estate, retail, liquor. Views personal. Retweets not necessarily endorsements

Articles

With ML and AI, IBM shows the fight is not over for mainframes

1 week ago | rediff.com | Avik Das

This innovation has made mainframes the fastest-growing segment within IBM's Infrastructure business, demonstrating that even legacy technologies can continue to deliver value. Kindly note the image has only been published for representational purposes. India plays a crucial role in modernising IBM's mainframes, which form the backbone of some of the most critical applications in industries such as banking, airlines, retail, and government.
Wipro Slows Fresher Hiring

1 week ago | rediff.com | Avik Das

'We do not want a situation where we onboard people and have challenges of deployment.'Wipro added just 612 employees in the fourth quarter, as companies continue to tread cautiously on large-scale hiring. With ongoing uncertainties expected to persist in the near term, the IT services major's net headcount addition for the full financial year stood at 1,032. Voluntary attrition inched up 15 per cent, up from 14.2 per cent in the previous year.
Techies, Think Beyond Coding!

1 week ago | rediff.com | Avik Das

Developers are expected to not only just learn coding but also oversee what the AI agents are doing. Kindly note the image has been posted only for representational purposes. Software developers of the future need to be armed with skills such as problem-solving, clear communication, and a growth mindset at a time when a lot of coding is getting automated with generative artificial intelligence (GenAI), said Kyle Daigle, chief operating officer, GitHub.
AI Redefines India's IT Workforce

1 week ago | rediff.com | Avik Das

'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'Kindly note the image has only been published for representational purposes.
AI Challenges Loom Over 20Bn IT Contracts

1 week ago | rediff.com | Avik Das

Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health. Kindly note the image has been posted only for representational purposes.
New US Visa Policy: No Impact On H1-Bs

1 week ago | rediff.com | Shivani Shinde |Avik Das

'Of course, people will have to carry documents all the time. There is overall uncertainty in living in the US.'Kindly note the image has been posted only for representational purposes. The US government's new rule requiring all immigrants in the country to register using Form G-325R and carry proof of their legal status is unlikely to impact H1-B visa holders, green card holders, and people holding travel visas, said experts.
Raghavendra Vaidya

1 week ago | business-standard.com | Avik Das

Daimler AG, the former parent of Mercedes-Benz, split its passenger car and commercial vehicle businesses in 2021. Daimler Truck Innovation Centre India (DTICI) is the engineering arm and technology backbone of the truck and bus business, Daimler Truck AG. RAGHAVENDRA VAIDYA, managing director (MD) and chief executive officer (CEO) of DTICI, explained to Avik Das why the centre in Bengaluru matters.
Cognizant looks to break into top four IT services companies by 2027

3 weeks ago | rediff.com | Avik Das

Cognizant has said it aims to be back among India’s top four IT services companies by 2027 by improving revenue, market share, bagging large deals, and gradual margin expansion. The Nasdaq-listed company does a major part of its business in India, but has trailed peers such as Tata Consultancy Services and Accenture over the last few years as growth tapered, margins squeezed, and attrition soared. It’s a far cry from its heydays a decade ago when its steady growth was a hallmark in the industry.
GCCs reach new heights in India with neo and mid-sized banks

1 month ago | rediff.com | Avik Das

Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country’s banking, financial services, and insurance (BFSI) sector. Neo banks exist solely online and operate independently or in partnership with traditional banks. Their market size is expected to grow to $395 billion in 2026, up from about $19 billion in 2018, according to PwC.
AI Boom Fuels Demand for IT Specialists

1 month ago | rediff.com | Avik Das

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience. Kindly note the image has been posted only for representational purposes. The entry-level engineering landscape in India's IT services industry is undergoing a seismic shift.