Tata Consultancy Services has concluded an internal investigation of two jobs-for-bribes whistle-blower complaints, the company told the stock exchanges in a statement. Based on the probe's findings, TCS has sacked 16 employees and moved three others. There was no fraud by or against the company and no financial impact, TCS said in the statement. The company is adding more governance measures to its processes in dealing with vendors of contract staff
From BPO to the rise of the SaaS product companies from India, the tech landscape has seen big changes over the last 30 years. And deep tech is green shoots today. Our latest issue is dedicated to these startups and venture capitalists working in the deep tech ecosystem. It explores some fascinating organisations across the board. In this podcast, Harichandan Arakali, who anchored the issue, gives an overview of the book this fortnight and talks about the stories you can't miss
The spectacular rise of generative AI is still something that enterprises are only beginning to grapple with. However, in IT services, it could already be irrevocably changing the bread-and-butter work of the sector. Here's a quick take on why IT services companies like Infosys are pairing up their software engineers with AI co-pilots. It's early days, but the effects of this man-machine combination will be felt sooner rather than later, experts say
TCS kicks off Q2 results for India's IT sector today. Infosys reports its earnings tomorrow. So, instead of the usual curtain raiser on their outlook, we want to draw your attention to a trend in the industry, touched off by the rise of generative AI, that is already looking like the beginning of the end of the applications development and maintenance model — or at least ADM as we know it today, which accounts for two-thirds of the $245 billion IT sector's revenues
What do customers want from their SaaS vendors? Sridhar Vembu, founder and CEO of Zoho Corp., weighs in on this question, speaking with Forbes India at the company's annual Zoholics conference on Oct. 9 in Bengaluru. Zoho remains steadfastly bootstrapped, but for the VC-funded ventures, Vembu talks about how a new funding cycle will eventually return and hopes that this time, there will be more focus on important tech R&D and not just the "crowded train" that SaaS has become
Sridhar Vembu, founder and CEO of Zoho Corp, speaks about the R&D focus at his company, India's only billion-dollar-revenue software products business. Vembu was in Bengaluru on Oct. 9 for Zoho's annual conference for developers and partners. He also speaks about the challenges of navigating the growing uncertainties ahead as the crisis in the Middle East exacerbates the problems of a slowing global economy. Vembu reiterated his promise not to layoff any employees at the 15,000-strong SaaS company
Acumen, a New York non-profit organisation, in partnership with Apple, recently announced the first Indian cohort of 15 entrepreneurs for its Energy for Livelihoods Accelerator programme. Through this accelerator, Acumen's experts lead a 12-week programme designed to help social entrepreneurs scale and refine their businesses to more efficiently and effectively help the poor that they were trying to reach, while also sharpening the focus of their efforts towards protecting the environment
Acumen, a New York non-profit organisation, in partnership with Apple, has announced the first Indian cohort of 15 entrepreneurs for its Energy for Livelihoods Accelerator programme. Through this accelerator, Acumen's experts lead a 12-week programme designed to help social entrepreneurs scale and refine their businesses to more efficiently and effectively help the poor they were trying to reach while also sharpening the focus of their efforts towards protecting the environment
A full-time corporate employee, Chetan Soorenji started with the idea of green-roofing to cool down the building. Once the canopies began to flower, they realised the sun-shading had transformed into a pollinator ecosystem in the heart of concrete Mumbai. See how they use rainwater harvesting, bee-keeping and other simple techniques to keep the habitat going—and how the ecosystem spurs a side business of its own
If one carefully looks at India's roads, there is a surge of two-wheelers bearing green and white number plates, smartly weaving through traffic and dodging potholes. This hike is supported by the ambitious drive of Bhavish Aggarwal, maverick founder of Ola Electric. The cover story of our EV special issue revolves around him and his audacious gambit. Forbes India's Rajiv Singh gets into the details of Aggarwal's new high-risk, high-return plan
'Vasudhaiva Kutumbakam', or 'The World is Family', is a vulnerable and moving glimpse into Patwardhan's own life and family, and the influences that shaped their lives