Page 13 - It Sector News Today

They should ponder if they have adapted sufficiently to a fast-shifting technology landscape. The success of Accentures Song unit has lessons for them.

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In an exclusive interview with Moneycontrol, Nickle LaMoreaux, IBM’s Chief Human Resources Officer, said AI will only automate certain tasks and not replace employees at Big Blue, helping them focus on work that lets them move up the value chain.

Of the 10 top level exits at Wipro in 2023, only two executives including former CFO Jatin Dalal and former SVP Mohd Haque, both of whom joined rival Cognizant, were sued by the IT services major. Here is why:

The IT sectors has been an underperformer in the bull run seen in the market in 2023, largely dragged by a weak macro environment due to prolonger deal conversions as business ramped down on IT spending.

CitiusTech is currently aiming to double its revenue to $1 billion over the next five years.

This will be a global role for Lobo, coming as a part of Tech Mahindra’s ongoing leadership restructuring under new CEO Mohit Joshi. Moneycontrol had earlier exclusively reported on this development.

This was in favour of Dalals plea, who had requested the court to refer the matter to arbitration in a countermove in his application. Wipro is also seeking Rs 25.15 crore in damages from him, along with 18% interest per annum.

Tata Consultancy Services (TCS) is facing accusations of unethical transfer practices, as the Nascent Information Technology Employees Senate (NITES) files a complaint with the Ministry of Labour and Employment.

Wipro is seeking damages of Rs 25.15 crore from Dalal, along with 18 percent interest per annum until the date of payment, according to the lawsuit copy sourced by Moneycontrol.