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"The importance of hybrid cloud and AI has accelerated. What has changed is the pace at which they're being adopted. Transformation journeys (of) last few years are now being compacted into months...They're looking for long lasting answers on what they can do with technology to address the key issues that COVID-19 has brought to light," he said.

In this environment, the delivery of platform-enabled solutions at speed across the entire technology stack becomes even more important, it said. From cloud to networking, data centre to security and more, breadth and depth of capability are essential to recover and restore operations and position organisations strongly for the coming years.

The $192 billion IT-BPM industry body has informed the Ministry of External Affairs (MEA) about the critical talent from various member companies such as Tata Consultancy Services, Infosys, Wipro, HCL Tech, Startek and many others being stranded and they should be considered for evacuation.

"Accenture has no professional relationship with Unacademy, and any implication or assertion otherwise is erroneous. Accenture has suffered no data breach or loss of any records or client information as a result of this incident," Accenture said in a statement.

NITES said this went against govt guidelines of not firing people or cutting salaries during the pandemic.

PeopleLink is the first, Indian Video Conference Company to disrupt the market by its approach of offering Secure, custom video applications for each Industr...

The Budget doubled basic custom duty from 10% to 20% on whole lot of imported products such as food grinder, juicer, shaver, epilator, geyser, room heater, hair dryer, electric iron, oven, coffee and tea maker, toaster and ceiling fan. The custom duty on wall fan has been hiked from 7.5% to 20%.

Prices of TVs, ACs and some phones are set to go up as manufacturers grapple with component shortages.

"By March 2020, TV prices will be increased by 10 per cent due to the current Coronavirus crisis of China, there is a major shortage of raw materials along with a sharp 20 per cent increase in open cell panel prices," Avneet Singh Marwah, CEO of SPPL said.

Companies like Panasonic India, Godrej Appliances, Dixon Technologies and Super Plastronics Pvt Ltd said with retail outlets shut there is no point to start production as there is existing unsold inventory of March at warehouses and dealers.

Summer sales of air-conditioners, refrigerators, soft drinks and ice creams will take a massive hit this year.

Tour operators estimate January-March quarter earnings could fall by more than 60 per cent.

"We are closely working with all our airline and hotel partners on lenient customer policies for date change, cancellations and waivers in the face of evolving travel trends and are seamlessly passing the waiver benefits to our customers, as applicable," MakeMyTrip said in the letter.

Sensing a long-term lull in overseas travel, the Ministry of Tourism launched ‘Dekho Apna Desh’, a webinar series hosted by experts who will share key nuggets and information on destinations like Varanasi, Pondicherry, Ladakh, Kolkata and Lucknow.

IBM salesmen to now recommend Apple devices to their healthcare & banking clients

We asked dozens of our favorite analysts, economists, strategists, and portfolio managers on Wall Street and around the world to send us their most important charts.

Market peaks have occurred historically at 25x-30x times earnings. On that basis, the market is fairly valued but not exceedingly expensive.

If the S&P 500 earns $115 in 2014, it is selling at 17.1x earnings. Market peaks have occurred historically at 25x-30x earnings.

Thanks to the increasing penetration of smartphones India is transitioning from a 'mobile first' to 'mobile only' country.

Managing Director of NRL S K Barua tweeted, “NRL is importing 21TMT crude oil from Petronas through Haldia port to be rail freighted to Numaligarh for future processing. A step towards ensuring energy security.”

State Innovation & Transformation Aayog (SITA), Assam, is working on a Strategy Paper for the state government by engaging Ernst & Young (EY) on tea industry. Tea industry has suffered immensely during the lockdown .

In a notification, the ministry's investigation arm Directorate General of Trade Remedies (DGTR) has said there is a "positive" evidence of likelihood of dumping of Sodium Citrate and injury to the domestic industry if the existing anti-dumping duty would be removed.

Highlighting that network capacity and higher bandwidth services have proved to be crucial, not only during the pandemic itself, but also for e-commerce and economic inclusion in general, it said in an information note: “What can WTO members do to improve communications networks and services?”

The Minister for MSME and Road Transport and Highways said a policy on import substitution is being thought of in the wake of the economic situation created by the COVID-19 pandemic. Gadkari said the industry may not be shut for a long time, and several relaxations could be given by the end of May.

Trump’s move to blame China for the Covid-19 outbreak is expected to worsen global trade ties.