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Ecommerce firms allow sale of non-essential goods amid lack of clarity - Vimarsana News

Ecommerce firms allow sale of non-essential goods amid lack of clarity

States including Maharashtra, Karnataka, Tamil Nadu, Delhi and Haryana, which have restricted activities to halt the spread of Covid-19, have allowed online retailers to ship only essential items

Salary hikes: After delays, IT companies give double hikes - Vimarsana News

Salary hikes: After delays, IT companies give double hikes

We'll soon meet in your inbox. Please wait... Infosys EVP & HR head Richard Lobo said its second compensation review cycle for the year is under way. It had given increments effective January, after having put them on hold for most of the last fiscal. It is doing another review based on last year’s performance, and the salary hike based on this will be effective July. Both compensation reviews are applicable to employees across levels. The two increments together will be 10-14%, in an otherwise languid pay market. Infosys’s move follows that of TCS, which too gave hikes within a six-month...

myelin foundry funding: AI startup Myelin Foundry gets funding from Japan's Beyond Next Ventures - Vimarsana News

myelin foundry funding: AI startup Myelin Foundry gets funding from Japan's Beyond Next Ventures

We'll soon meet in your inbox. Please wait... The company will use the capital raised to consolidate its products in India’s video streaming market and expand into international markets. And to further build capabilities to position itself as a leader in the edge Artificial Intelligence space across industries. Founded by Gopichand Katragadda, Ganesh Suryanarayanan and Aditi Olemann in January 2019, Myelin Foundry aims to transform human experiences and industry outcomes, by building AI algorithms on video, voice, and sensor data, for edge devices. Myelin’s first product in the market, Fo...

Uday Shankar: James Murdoch, Disney Alum Seek $300 Million for Asia Media SPAC - Vimarsana News

Uday Shankar: James Murdoch, Disney Alum Seek $300 Million for Asia Media SPAC

Seven Islands Inc., backed by billionaire James Murdoch’s investment company Lupa Systems LLC, and a former Walt Disney Co. executive filed to raise about $300 million listing a blank-check company in the U.S.

VMware names India-born Raghu Raghuram as CEO from June - Vimarsana News

VMware names India-born Raghu Raghuram as CEO from June

Synopsis Since joining VMware in 2003, Raghuram has helped steer the company’s strategic direction and its technology evolution throughout VMware’s rich history ETtech Raghu Raghuram (Picture: VMware) Cloud and virtualisation software company VMware has named India-born company veteran Rangarajan (Raghu) Raghuram as its next CEO from June. The development may have triggered the exit of his India-born colleague Sanjay Poonen, who said he was quitting after seven years at the Dell-owned company. Raghuram and Poonen were chief operating officers at VMware and both had been in the race for th...