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Indian IT Sector Growth Boom to End Due to Soaring Inflation, Supply Chain Issues, Predict JP Morgan Analysts

Soaring inflation, supply chain issues and the hit from the Ukraine war will bring an end to the growth boom India's IT services industry enjoyed during the pandemic, JP Morgan analysts said on Thursday as they downgraded the sector to "underweight".The $194-billion (roughly Rs. 15,068,27 crore) sector whose software services helped businesses adopt to pandemic-era practices of online shopping and remote working is facing a demand slowdown this year as employees return to offices and the Russia-Ukraine war weighs on…

Airtel, TCS Said to Team Up for 5G-Based Remote Robotic Operations; Running Trials in Haryana

Bharti Airtel and Tata Consultancy Services (TCS) have joined hands to build a 5G-based remote working technology using robotics, according to sources. Both the companies are currently running the trials in Airtel's 5G lab at Manesar, Haryana."Indian companies are looking to adopt indigenously developed technology for 5G. Airtel and TCS have joined hands for remote robotics operations using 5G. They have successfully conducted trials in Airtel's 5G lab, a source told PTI.These solutions will enable remote robotic…

Techie Takes Zomato Delivery Job to Understand Problems of Gig Workers: Here’s What He Learnt

"Please help/ support our warriors," a Chennai techie who became a Zomato delivery worker for a couple of days wrote in a post on LinkedIn, explaining the challenges he faced in his short experience.Srinivasan Jayaraman, who recently left his job as an IT analyst at Tata Consultancy Services (TCS), joined Zomato for two days in late March to understand the problems faced by those delivering orders for restaurant aggregators such as Zomato and Swiggy face on a daily basis."As a human, I just wanted to understand other…