"According to executives, Sikka's product mindset did not work for the company and eventually led to his departure. Then came Parekh’s appointment at a time the company was looking for an executive who would bring in stability," said Pareekh Jain, founder, Pareekh Consulting. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
"In view of the importance of exports in earning foreign exchange and in providing income and employment; and of imports in bringing in essential requirements of raw materials, intermediates, finished goods and technology, measures are being taken to support the foreign trade sector." it said. … [Read more...] about COVID-19 impact: RBI announces measures to support foreign trade
"Petitioners who had already filed Form I-129 or Form I-140 using the premium processing service before the March 20 suspension, but received no action and a refund, may refile their Form I-907 consistent with the timeline above, barring any changes USCIS may announce in the future,” the statement further added. … [Read more...] about USCIS to begin premium processing of H-1B visas, green cards in phases from June 1, 2020
He added: “Such notifications have been done in light of the urgent situation … seem to be temporary arrangements for immediate respite … and are not long term labour reforms … suspension of labour rights is not labour reforms … the country can progress only if the rights of the workers are protected.” … [Read more...] about Centre not to approve state amendments to labour laws in ‘current form’: Labour minister
"The figures of 2018-19 include the consolidated figures of Symphony AU Pty Ltd, Australia, only for the period from July 1, 2018, to March 31, 2019, i.e. 9 months and hence, the figures of 2019-20 are not comparable with the figures of 2018-19," the company said. … [Read more...] about Symphony Ltd net profit at Rs 40 crore in March quarter; net sales at Rs 249 crore