10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Tech

top-level management it firms: 2023 Year in Review: top-level management rejig hit India’s IT services firms


The $245-billion Indian IT sector, which is still reeling under global macroeconomic volatility, saw clients slashing their budgets even as companies faced major top-level management changes in 2023.
ETtech looks back at some of the key developments.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
IIM Kozhikode IIMK Advanced Data Science For Managers Visit
IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit
MIT MIT Technology Leadership and Innovation Visit

Image article boday

Rajesh Gopinathan: Possibly one of the biggest and most abrupt exits of a CEO in recent times, Gopinathan resigned “to pursue other interests” after a 22-year stint with TCS in March this year. Under his tenure, the IT services major’s share rose over 160%.
TCS appointed K Krithivasan as Gopinathan’s successor. Having worked for more than three decades at TCS after joining in 1989, Krithivasan served as the president and global head of the banking, financial services, and insurance (BFSI) vertical of TCS. In terms of revenue contribution, deals, and business, BFSI is one of the largest and most significant verticals for the IT behemoth.

Also read | TCS announces senior leadership changes

Mohit Joshi: Joshi resigned as the president of Infosys after a 22-year stint at the country’s second-largest IT firm. He was appointed managing director and CEO of Tech Mahindra, which saw the longstanding CP Gurnani retire from his post.

Discover the stories of your interest


Joshi was responsible for financial services, healthcare, and life sciences businesses at Infosys. He also served as the chairman of Edgeverve Systems Ltd, the IT firm’s software and products arm that includes banking software Finacle. He also handled the company’s internal technology and applications portfolio Jatin Dalal: Dalal resigned as the chief financial officer of Wipro and joined rival Cognizant. Wipro has filed a complaint against him for making this move and sought Rs 25 crore in damages for breach of a non-compete clause.

Dalal worked with Wipro for 21 years before tendering his resignation. He has submitted a counter application, seeking the Bengaluru civil court to refer the matter to arbitration, and the next hearing has been scheduled for January 3.

Nilanjan Roy: Earlier this month, Infosys chief financial officer Nilanjan Roy resigned to pursue “personal aspirations”, further deepening the leadership crisis at India’s second-largest software exporter. While Roy’s next move is not clear, Infosys has lost at least eight senior management personnel in the last 12 months, several of them to rivals.

Jayesh Sanghrajka, currently executive vice president and deputy CFO, will replace Roy. Sanghrajka has over 25 years of experience across several finance functions and worked at Infosys for 18 years in two stints.

Puneet Chandok: Chandok, Amazon Web Services’ (AWS) commercial business president for India and South Asia, resigned from his post and was later appointed as the corporate vice president of Microsoft India and South Asia.

Before AWS, Chandok was a partner at McKinsey in India and Asia and also held senior regional and global roles in IBM.



Source link

by Siliconluxembourg

Would-be entrepreneurs have an extra helping hand from Luxembourg’s Chamber of Commerce, which has published a new practical guide. ‘Developing your business: actions to take and mistakes to avoid’, was written to respond to  the needs and answer the common questions of entrepreneurs.  “Testimonials, practical tools, expert insights and presentations from key players in our ecosystem have been brought together to create a comprehensive toolkit that you can consult at any stage of your journey,” the introduction… Source link

by WIRED

B&H Photo is one of our favorite places to shop for camera gear. If you’re ever in New York, head to the store to check out the giant overhead conveyor belt system that brings your purchase from the upper floors to the registers downstairs (yes, seriously, here’s a video). Fortunately B&H Photo’s website is here for the rest of us with some good deals on photo gear we love. Save on the Latest Gear at B&H Photo B&H Photo has plenty of great deals, including Nikon’s brand-new Z6III full-frame… Source link

by Gizmodo

Long before Edgar Wright’s The Running Man hits theaters this week, the director of Shaun of the Dead and Hot Fuzz had been thinking about making it. He read the original 1982 novel by Stephen King (under his pseudonym Richard Bachman) as a boy and excitedly went to theaters in 1987 to see the film version, starring Arnold Schwarzenegger. Wright enjoyed the adaptation but was a little let down by just how different it was from the novel. Years later, after he’d become a successful… Source link