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US BANKS COBOL
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...- New Nasscom chair flags AI-led structural shiftThe Indian technology sector faces major changes due to AI. Srikanth Velamakanni, the new Nasscom chairperson, highlights both challenges l...
- Billdesk, Upgrad acquisitions; Anthropic's advances: an opportunityHappy Thursday! Billdesk is set to acquire Worldline's India business, while Upgrad has bought a majority stake in Internshala. This and mo...
- India not behind in AI race, must focus on deployment: IBM CEO Arvind KrishnaIn an interview with ET, IBM CEO Arvind Krishna shrugged off IBM’s 13% stock drop after an Anthropic blog post suggested its AI tool could ...
- Billdesk to buy Worldline India; OpenAI’s new Indian execBilldesk is set to acquire Worldline’s India business. This and more in today’s ETtech Top 5.
- Stock market crash: Investors lose Rs 3 lakh crore as Sensex plunges 1,069 pts. 6 factors why stock market fell todayStock Market Crash Today: Indian benchmark indices Nifty 50 and BSE Sensex experienced a sharp decline on Tuesday, with IT and auto stocks ...
- IBM shares sink 13%, record steepest drop in 25 years after Anthropic says AI can modernise COBOLShares of IBM plunged 13.2% Monday, marking their steepest single-day drop in over 25 years, after AI startup Anthropic said its Claude Cod...
- FY25 has been better than FY24 for TCS as promised; confident FY26 will also be better than FY25: K KrithivasanTCS reported strong FY2025 performance, exceeding FY2024, with confidence in surpassing it in FY2026, fueled by a robust $12.2 billion orde...
- Cryptocurrency: What is DeFi, how does it work?It's an umbrella term for the part of the crypto universe that is geared toward building a new, internet-native financial system, using blo...
- How the Indian IT services sector is seeking to make its biggest transformationIndian IT sector is reskilling lakhs of its employees as it stands at the crossroads of an incredibly fast technological evolution.
- The entire IT workforce can’t be reskilled and shouldn’t be: Malcolm Frank, CognizantAs global companies shift to digital platforms there’s a sort of panic among IT services companies on multiple fronts to keep themselves re...
- Corporation Bank makes salary account attractive to compete with private banksState-run banks are rarely aggressive, especially when it comes to wooing customers away from private sector rivals which are known for pam...
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