Sci-Tech

TCS layoffs: IT Ministry keeping close watch on situation

New Delhi: IT Ministry is keeping a close watch on the developments after Tata Consultancy Services' (TCS) decision to lay off over 12,000 employees, according to sources. Employment growth remains a key priority, with sharp focus on how initiatives like Employment Linked Incentive can help...

Service sector

India’s top IT cos wrap up Q1 with single-digit topline growth

New Delhi: India's top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking. Management commentary painted a mixed picture, caution prevailed, yet industry CEOs...

TCS to lay off over 12,000 employees this year

New Delhi: India's largest IT services firm, Tata Consultancy Services (TCS), is set to lay off about 2 per cent, or 12,261 employees, of its global workforce this year, with the majority of those impacted belonging to middle and senior grades. As of June 30,...

India test-fires UAV-launched precision-guided missile ULPGM-V3 in AP

New Delhi: In a significant boost to India’s indigenous defence capabilities, the Defence Research and Development Organisation (DRDO) Friday successfully carried out flight trials of the UAV-Launched Precision Guided Missile (ULPGM)-V3 at the National Open Area Range (NOAR) in Kurnool, Andhra Pradesh. Announcing the achievement...

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Archives

Editorial