Free Press Journal
  • Buybacks may eat into IT firms’ future investment plans: Report

    Share buybacks by Information Technology (IT) firms in the country impede their ability to invest for their future business needs, global ratings agency Moody’s Investors Service said. It can be noted that the last few years have seen a high number of share buybacks from the country’s cash-rich IT companies, reports PTI. “High levels of cash outflows to shareholders are reducing the ability of Indian IT services companies to respond to business

  • 56 firms in Hinjewadi, Pune, driven out by traffic woes

    Mumbai : Beset by traffic woes, companies like Infosys, Tech Mahindra, Tata Consultancy Service, Wipro, Accenture and others, are exiting the Information Technology (IT) Park at Hinjewadi. Routine traffic snarls, coupled with inadequate infrastructure have compelled 56 companies, including six multi-nationals to bid goodbye to Hinjewadi IT park.

  • Social media won’t be allowed to abuse election process: Prasad

    NEW DELHI: Social media platforms will never be allowed to abuse India’s election process and stringent measures backed by laws on data protection and individual privacy have been put in place, Information Technology (IT) Minister Ravi Shankar Prasad has said.

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    Maharashtra government, Quebec ink agreement for greater economic cooperation

    Mumbai: The Maharashtra government and Canada’s Quebec province have signed a pact to increase the economic cooperation, specially in areas like information technology, biotechnology, artificial intelligence and welfare of the tribal community. Chief Minister Devendra Fadnavis, who is on a week- long tour to the US and Canada, signed a Memorandum of Understanding (MoU) to this effect with Quebec Premier Philippe Couillard on Wednesday. “We also discussed ways to increase our collaboration

  • Breach: Remarkable Stories of Espionage and Data Theft and the Fight to Keep Secrets Safe by Nirmal John-Review

    Welcome to the 21st century where we are silently being followed by the web apocalypse and will soon be hit by it if we fail to realise it’s uncontrollably spreading web and instead prefer to be its slave. In a world where massive steps are put into practice to help conserve encryption security and eradication of data theft, Breach by Nirmal John is a subtle reminder of the fact that none of

  • TCS set to be first Indian co with $100-bn market cap

    Mumbai : Information technology bellwether Tata Consultancy Services (TCS) is closed to hitting the $100-billion mark in terms of market capitalisation as its share price surged nearly 7 per cent on Friday, adding about $6.2 billion to its valuation.

  • Facebook Data Breach Row: It’s too late for Facebook to regulate itself says Tim Cook

    San Francisco: Facebook should have had regulated itself long back but it’s too late for that now, Apple CEO Tim Cook has reiterated. In an interview with Recode and MSNBC scheduled to be aired on April 6, Cook also made a harsh rebuke of Facebook CEO Mark Zuckerberg and others who use customer data to make revenues.

  • Hacker who gave information to Wikileaks passed away at 37

    London: Adrian Lamo, a computer hacker best known for passing on information that led to the arrest of Chelsea Manning, has died aged 37, the media reported on Saturday. The cause of Lamo’s death, confirmed to the BBC by the Sedgwick county coroner in Kansas, has not yet been made public.

  • India hot-spot of digital innovation: PM Narendra Modi

    New Delhi: Prime Minister Narendra Modi on Monday said that India is the hot-spot of digital innovation across all sectors. Inaugurating the World Congress on Information Technology via video conference the prime minister asserted that India is and will continue to remain the most tech-friendly population in the world.

  • Budget 2018: All eyes on FM Arun Jaitley’s briefcase; here is what to expect

    New Delhi: The last full-fledged budget of the Narendra Modi-led government and the first one after GST rollout is much anticipated. With the day finally arriving today, speculation about Union Budget 2018 is rife across the country. Various sectors such as e-commerce, health, agriculture, education, Information Technology (IT), and manufacturing among others expect major policy initiatives which will drive growth and support development and expansion.

  • Sensex succumbs to late sell-off; auto, IT slip

    Mumbai: Benchmark Sensex ended marginally lower in volatile trade today after cautious investors trimmed their portfolios ahead of corporate results despite firm global cues.

  • Worst slump in Indian IT sector in last 7 years, claims report

    Mumbai: Vishal Sikka resigned from Infosys citing the reason of false charges that were levelled against him by likes of Narayan Murthy. But the reality is far deeper than that. The reality is that the software services exports are experiencing their longest slump in seven years.

  • Infosys to hire 10,000 US workers, set up four innovation hubs

    Bangaluru: Information technology major Infosys on Tuesday said it will hire 10,000 American workers over the next two years.  The technology company has also planned to set up four new technology and innovation hubs in the US.

  • Bhopal: Housing Board wins India Pride Award

    BHOPAL: MP Housing and Infrastructure Board was honoured with India Pride Award for financial management, for getting out of the red and optimal use of information technology. The award was received by Krishna Murari Moghe, chairman and Nitesh Vyas, commissioner of the Board from Union minister of state (independent charge) Manoj Sinha in the presence of Union minister Nitin Gadkari.

  • Ujjain: MIT professor writes book on computing

    Ujjain:  Faculty member of computer science department of Mahakal Institute of Technology, Pradeep Sharma has written a book ‘Soft Computing Using Programming Environment’ for the students of computer science and information technology. The book was released in the ‘Festino Beats-2017’ annual event of the college by chairman Praveen Vashishtha and director Vivek Bansod. Vice chairman Aditya Vashishtha and fauculty members extended their best wishes to Sharma.

  • Indore: IT giants to kick-start operation next week

    Indore: Information technology (IT) giants Tata Consultancy Services (TCS) and Infosys are all set to kick-start operation as the SEZ campus is partially ready for the same. Campuses of both the companies are located at Super Corridor.

  • Tech Mahindra to acquire US-based healthcare IT services company

    Mumbai : IT Firm Tech Mahindra on Monday announced that it has signed an agreement to acquire a US-based healthcare Information Technology consulting company CJS Solutions Group LLC, which does business as The HCI Group.

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