Infosys involved in large software companies have received relief from the pre-show cause notice related to the Rs 32,403 crore Goods and Services Tax (GST). The Director General of GST Intelligence (DGGI) has stopped the proceedings on this notice given to the company from FY 2018-19 to 2021-22. Infosys has told the stock exchange in…
The country’s largest software company Tata Consultancy Services (TCS) may be investigated in the US on charges of visa fraud. The new government headed by Donald Trump in the US can change the policy regarding visa. America is the largest market for Indian software companies. A media Report According to, former TCS worker Anil Kini…
Infosys involved in large software companies may face difficulty due to freshers trimmed. The Ministry of Labor and Employment have directed the Labor Ministry of Karnataka to take necessary action to resolve the dispute of freshers in Infosys. The Union Nascent Information Technology Employees Senate (NITES) of IT workers had earlier raised the issue of…
Thousands of jobs will soon be available in Infosys, one of the big software companies. The expansion of the company’s Hyderabad campus in Telangana will generate 17,000 additional jobs. More than 35,000 workers work in this campus of the company located in Pocharam, Hyderabad. It is one of the largest campuses of the company in…
American company Meta has told NCLAT regarding the Competition Commission of India (CCI) order against the privacy policy of instant messaging app WhatsApp that this will harm its business model. Meta has alleged that CCI did not do adequate impact analysis before issuing the order. WhatsApp is owned by Meta. During the hearing in the…
Difficulties may increase for American devices maker Apple in the country. The Competition Commission of India (CCI) has refused to stop the investigation against the company for violation of competition law. Apple is accused of misusing its dominant position in the market. Reuters report quoting CCI’s internal order states that Apple’s request to withhold the…
China’s Lenovo has suffered a major setback due to the decline in demand for personal computers (PC). The company’s revenue declined by 24 percent in the June quarter. The world’s largest PC maker is facing decline in sales for four consecutive quarters. The company’s profit was 14 percent less in the last financial year. Lenovo’s…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) has improved its functioning in the last few months. The number of BSNL subscribers has also increased. The company plans to reduce its existing workforce by about 35 percent to strengthen its balance sheet. The Telecom Department (DoT) may soon seek approval from the Finance Ministry for…
Government telecom company Bharat Sanchar Nigam Limited (BSNL)’s plan to lay off workers has suffered a setback. BSNL’s employee union has demanded the company’s board of directors to withdraw this decision. BSNL has proposed to remove about 19,000 workers under the Voluntary Retirement Scheme (VRS). a media Report According to , the company’s Employee Union…
Social media app Koo is being shut down. This Indian startup was started about four years ago to compete with the micro blogging platform Twitter (now called X). It will be closed after talks regarding acquisition with big internet and media companies fail. Koo was started by Aprameya Radhakrishna and Mayank Bidawatka. It provided services…