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Telangana's IT exports grew by 13% despite coronavirus pandemic


Despite Covid-19 pandemic and its adverse impact on the economy, Telangana registered nearly 13 per cent growth in information technology exports to cross Rs 1.45 lakh crore during 2020-21.
Telangana s IT/ITES exports during the year stood at Rs 1,45,522 crore, an increase of 12.98 per cent over the previous financial year.
State s IT minister K.T. Rama Rao on Thursday told reporters that the state continued its phenomenal performance in the middle of the pandemic.
Even by conservative estimates, Telangana s IT/ITES exports growth rate is poised to be over two times that of the national average.
The state also added over 46,489 jobs in IT/ITES sector, to take the total number of direct employment to 6,28,615. ....

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Tech Mahindra plans acquisition in Europe, hire 250 people in Nordic region


IT company Tech Mahindra is looking for acquisitions in Europe to upgrade its capabilities in various segments, including cloud computing, 5G, SAP and Salesforce softwares, a senior company official said on Wednesday.
Tech Mahindra is also planning to add around 250 people in the Nordic region to support its growth, Tech Mahindra business head for Europe Mukul Dhyani told PTI.
We are expanding our footprint in the cloud, digital topics like 5G, SAP and Salesforce. These are some of the broader topics we are looking at from an expansion perspective. We are looking at multiple companies (for acquisition). If we get a single entity across four domains or five domains, we will be happy, Dhyani said. ....

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Tata Consultancy Services targets to achieve net zero emissions by 2030

Read more about Tata Consultancy Services targets to achieve net zero emissions by 2030 on Business Standard. In FY 2021, TCS specific carbon footprint across scope 1 and scope 2 was lower by 61.6 per cent compared to baseline year FY 2008. ....

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Infosys co-founder SD Shibulal buys firm's shares for fifth time in May

Read more about Infosys co-founder SD Shibulal buys firm s shares for fifth time in May on Business Standard. Infosys co-founder S D Shibulal on Monday bought shares worth nearly Rs 93 crore of the firm through an open market transaction. ....

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