Banking, financial-service firms raise tech investments, but IT firms are not gaining a lot Banking and financial services account for over 30 percent revenue for IT firms. But with banks developing in-house teams, IT firms are losing the commanding role. Analysts say banks may ultimately take the outsourcing route, if they can deliver on the products and platforms front.
Infosys extends support for GovHack 2020 in Australia, New Zealand The two-day hack event, which begins on Friday, is being held simultaneously in Australia and New Zealand and gives competitors 46 hours to create concepts, mashups, and models with open government data, according to a statement.
Independence Day advice: Focus on businesses least hit by COVID, these 5 sectors are a good investment We recommend companies having prudent management, strong corporate governance, lower debt to equity ratio and sound balance sheets, says Ajit Mishra of Religare Broking,
RIL, Infy drive Sensex 190 points higher; Nifty near 11,350 Globally, Asian shares fell on Friday after lacklustre Chinese economic data and worries about a delay in US fiscal stimulus discouraged some investors from taking on risk.