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IT firms brace for soft Q3, mid-caps to beat larger cos

BENGALURU: Indian IT firms are expected to deliver a moderate performance in a seasonally weak Dec quarter, weighed down by furloughs (lesser number of working days in Dec). Demand remained subdued, with only limited recovery in discretionary spending, and growth was largely driven by clients’ cost-optimisation priorities. Brokerages estimate that enterprise technology spending is likely…

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‘Venezuelan forces were waiting’: Trump details how US carried out Caracas strikes; gives ‘larger attack’ warning

US president Donald Trump United States President Donald Trump on Saturday claimed that Venezuelan forces were “waiting” for the American forces with “many ships out”.Trump said that despite being in a “ready position”, Venezuelan forces were “completely overwhelmed and very quickly incapacitated”.He said that the US was “ready” to stage a second “and much larger”…

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2020 Delhi riots larger conspiracy case: Supreme Court issues notice on Umar Khalid, Sharjeel Imam’s bail plea; next hearing on October 7 | Delhi News

Former JNU student and activist Umar Khalid was taken into custody by police at Red Fort in New Delhi (2020) (Image Credit: PTI) NEW DELHI: The Supreme Court on Monday issued notices on the bail pleas of Umar Khalid, Sharjeel Imam, Meeran Haider, Gulfisha Fatima, and Shifa Ur Rehman in connection with the larger conspiracy…

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Nvidia CEO Huang sidelined in Beijing: Caught between US-China ‘larger agendas’ – here’s what’s happening

Nvidia CEO Jensen Huang on Wednesday admitted the chipmaker is caught in the crossfire of the US-China trade war, saying Washington and Beijing “have larger agendas to work out” as the company struggles to balance soaring global demand for its AI chips with tightening political restrictions.Speaking in London on Wednesday, Huang said, “We can only…

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Amazon CEO Andy Jassy says company culture needs a reset: ‘As you get larger, it’s really easy to…’

Andy Jassy, CEO of Amazon Amazon CEO Andy Jassy recently explained what and how the e-commerce company is working to improve the company’s culture. Speaking at Amazon’s annual conference for third-party sellers in Seattle (via CNBC), Jassy said that “bureaucracy is really anathema to startups and to entrepreneurial organizations” and that he is working to…

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Coming soon: Much larger spread for NPS subscribers

Mumbai: Individuals with an NPS account will soon be able to spread their retirement savings across multiple schemes instead of sticking to a single option. The Pension Fund Regulatory and Development Authority (PFRDA) has rolled out a Multiple Scheme Framework (MSF) for non-government sector subscribers.The move is significant for corporate employees, professionals, self-employed individuals and…

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