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TCS to recruit 1,500 tech staff in UK

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NEW DELHI: Tata Consultancy Services (TCS), has announced that it will recruit 1,500 technology employees across the UK over the next year.

The announcement followed Monday’s meeting in Mumbai between visiting UK Trade Secretary Liz Truss and TCS CEO, Rajesh Gopinathan, where they discussed the company’s commitment to continue investing in the UK’s economy, innovation, technology sector, and in developing workforce skills.

The announcement builds on TCS’s rich 45-year history in the UK. By partnering with some of UK’s largest corporations in their growth and transformation initiatives and helping them harness the power of emerging technologies to launch new innovative products and services, TCS has been an integral part of the UK economy’s initiatives to remain globally competitive.

Consistently ranked number one in customer satisfaction by its UK clients in one of Europe’s largest independent surveys, TCS has grown its business in the UK almost four-fold over the last decade entirely organically, making it one of the largest providers of IT and IT-enabled services in the nation.

TCS is also one of the UK’s largest recruiters of IT talent. Its UK workforce is a young and diverse one, with 54 nationalities represented. Women make up 28% of the workforce, much higher than the 17% average in the IT sector. TCS is a Top Employer, named among the Sunday Times Top 25 Best Big Companies to Work For, and the Sunday Times Top Graduate Recruiters.

Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS said: “This development builds on the great work TCS is delivering to our UK customers. Our sustained investments have made TCS the preferred growth and transformation partner of our valued customers in the UK, allowing them to digitally transform their business for competitive growth.”

Liz Truss, UK Secretary of State for International Trade, said: “India is the world’s biggest democracy and a nation that shares our belief in free enterprise. Deeper trading ties will create opportunities for UK businesses that were simply not there as part of the EU, and set the stage for a much closer partnership with one of the economic powerhouses of the present and future, ensuring more investors like Tata Consultancy Services bring jobs and growth to the UK. We will be collaborating much more closely in the industries of tomorrow like science, tech and green growth, so we can build back better and deliver an export-led, investment-led, jobs-led recovery from coronavirus.”

Amit Kapur, Country Head, TCS UK & Ireland, commented: “The UK has been an important market for TCS for many years. Our success here has come from our single-minded focus on creating value for our customers through a model that attracts, trains, retains and engages the brightest talent that UK offers, while discharging our social and environmental responsibilities. We are creating thousands of well-paying jobs in communities across the UK, rejuvenating local economies and providing visibility to young people around long-term careers in technology.”

Equally committed to giving the UK’s young people quality jobs and opportunities, TCS STEM skills programmes have reached more than 150,000 young people in the UK in the last three years and in 2020, with Queen Mary University of London, the launch of TCS Digital Explorers Bursary, provides financial assistance to undergraduate students from low-income families.

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L&T Technology Services selected by Airbus

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NEW DELHI: L&T Technology Services has announced that it has been selected by Airbus to provide technology and digital engineering solutions for Airbus’ Skywise platform as part of the ‘Skywise Partner Programme’.

With more than 130 airlines around the world already connected to Skywise, the platform is playing a very important part in enabling and accelerating digital transformation of the aviation sector as a whole. LTTS will support the airlines in the development of complex workflows, creation of new interfaces between their existing information systems and Skywise and also provide assistance in their digital transformation with Skywise.

LTTS has a set of highly experienced engineers and data scientists who will work exclusively on the Skywise platform and build solutions to address the digital transformation needs of airlines and the fast-expanding Skywise ecosystem. LTTS’ demonstrated experience in building digital engineering platforms based on strong domain knowledge help strengthen the interdependencies these digital technologies are enabling.

Abhishek Sinha, Chief Operating Officer and Member of the Board, L&T Technology Services commented, “Airbus is one of our valued customers in the aerospace domain, a sector which offers tremendous potential for disruptive business opportunities. We are delighted to be selected as a partner for Airbus Skywise programme, a true reflection of our long-standing partnership with an important market leader like Airbus and our deep understanding of Airbus’ product development and customer needs”.

LTTS has a track record of serving the aerospace landscape for over a decade, helping airlines and aerospace manufacturers maximize their Return on Investments (RoI) and increase quality and output. Having forged strategic alliances with several Fortune 500 companies, LTTS has the strong technical knowledge, aerospace engineering expertise and skilled resources to drive innovation for aerospace and defense customers across the globe.

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Cabinet approves production linked incentive scheme for IT Hardwar

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NEW DELHI: The Union Cabinet chaired by the Prime Minister, Narendra Modi has approved the Production Linked Incentive (PLI) Scheme for IT Hardware. The scheme proposes production linked incentive to boost domestic manufacturing and attract large investments in the value chain of IT Hardware.

The Target Segments under the proposed Scheme include Laptops, Tablets, All-in-One PCs and Servers.

The Scheme shall, extend an incentive of 4% to 2% / 1% on net incremental sales (over base year i.e. 2019-20) of goods manufactured in India and covered under the target segment, to eligible companies, for a period of four (4) years.

The scheme is likely to benefit 5 major global players and 10 domestic champions in the field of IT Hardware manufacturing including Laptops, Tablets, All-in-One PCs, and Servers. This is an important segment to promote manufacturing under AtmaNirbhar Bharat as there is huge import reliance for these items at present.

Financial Implications:

The total cost of the proposed scheme is approximately Rs.7,350 crore over 4 years, which includes an incentive outlay of Rs.7,325 crore and administrative charges of Rs.25 crore.

Benefits:

The scheme will enhance the development of electronics ecosystem in the country. India will be well positioned as a global hub for Electronics System Design and Manufacturing (ESDM) on account of integration with global value chains, thereby becoming a destination for IT Hardware exports.

The scheme has an employment generation potential of over 1,80,000 (direct and indirect) over 4 years.

The Scheme will provide impetus to Domestic Value Addition for IT Hardware which is expected to rise to 20% – 25% by 2025.

Background:

The vision of National Policy on Electronics 2019 notified on 25.02.2019 is to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities in the country for developing core components, including chipsets, and creating an enabling environment for the industry to compete globally.

Currently, the laptop and tablet demand in India is largely met through imports valued at USD 4.21 billion and USD 0.41 billion respectively in 2019-20. The market for IT Hardware is dominated by 6-7 companies globally which account for about 70% of the world’s market share. These companies are able to exploit large economies of scale to compete in global markets. It is imperative that these companies expand their operations in India and make it a major destination for manufacturing of IT Hardware.

Given the current global scenario, the world of manufacturing is undergoing a paradigm shift. Manufacturing companies across the globe are looking to diversify their manufacturing locations to mitigate the risk involved in depending on a single market.

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Narendra Modi government working on law to regulate social media: Ram Madhav

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NEW DELHI: Senior BJP leader Ram Madhav said that social media has become so powerful that it can even topple governments, leading to anarchy and weakening democracy, and solutions to tackle this are needed to be found within the constitutional framework.

Speaking at the launch of his new book ‘Because India Comes First’, Madhav said democracy is stressed and facing new challenges with the rise of “non-political” and “non-state” forces.

“Social media is so powerful that it can even topple governments and regulating them is difficult as they are borderless. These forces can promote anarchy, which will weaken democracy but solutions should be within the constitutional framework,” he said at the event hosted by the Prabha Khaitan Foundation on Saturday evening.

The existing laws are not adequate for this, he said.

“We require new rules and laws to tackle and manage.

The government is already working in this direction,” he added.

Madhav’s comments come amid a row between the government and Twitter over blocking of accounts with Information Technology Minister Ravi Shankar Prasad asking the micro-blogging site to follow the Indian law.

Besides, the Supreme Court has issued a notice to the Centre and Twitter on a plea, seeking to regulate hate content and to make a law as per which action can be initiated against Twitter and their representatives in India for willfully abetting and promoting anti-India tweets and penalise them.

Madhav said that in his new book he has penned his observations on several decisions of the Modi government.

Answering a question on Gandhi, he said the RSS does not undermine any leader’s contribution.

Gandhi was a great leader and his mantra of Ahimsa has been adopted by many global leaders, he said.

“There may be differences of opinion, which we even find between Nehru and Gandhi from the letters exchanged between them but that does not mean we disrespect a national leader. In the RSS morning prayer, we have Gandhi’s name along with other leaders,” Madhav said.

On Kashmir, he said that with the abrogation of Article 370, grassroot leaders are coming up against the hegemony of a few families.

He also emphasised that it is the responsibility of the people of the country to make Kashmiris feel that they are part of the 1.3-billion-strong family.

“Kashmiris are victims of propaganda for long. Things are changing but may take some time,” he said.

Source: Press Trust of India

 

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