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The $672,102 export nightmare of a Bengaluru tech firm (for illustration) | Photo Credit: The Hindu A Bengaluru technology company says it is still waiting for $672,102 from an overseas customer for work completed more than 19 months ago, highlighting the financial risks smaller Indian technology exporters face when international clients fail to pay. Thiyagu…
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The story so far: Wipro recently changed how long some of its employees can remain without a billable project. Under its revised bench policy, effective October 1, employees in Band 2 and below can reportedly remain unallocated for up to 180 calendar days. For Band 3 and above, the standard period is 45 days, while…
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Hexaware Technologies is going after a slice of the $900 billion global SaaS market, betting that AI has made it cheap and fast enough to build custom software that can replace licensed enterprise applications rather than simply migrate customers from one subscription vendor to another. “It’s no longer expensive or time consuming to build custom…
Image for representation purpose only. | Photo Credit: K.R. Deepak Deal wins, largely driven by banking, financial services and insurance verticals, by IT services companies saw a recovery in May, reported BNP Paribas India. Commenting on the deal win trend, Kumar Rakesh, Analyst – IT & Auto at BNP Paribas said, ‘‘Deal wins certainly saw a…
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