logo
Hyderabad IT employees log into WFH mode amid heavy rainfall alerts

Hyderabad IT employees log into WFH mode amid heavy rainfall alerts

Time of India8 hours ago
1
2
Hyderabad: For a change, the usually traffic-jammed roads of Hyderabad's bustling IT hubs, such as HiTeC City and Financial District, wore a deserted look on Wednesday as techies logged into worked from home (WFH) mode due to heavy rainfall alerts.
"Based on the weather alerts and advisories issued by the authorities, we sent out emails to our employees this morning suggesting WFH and to avoid venturing out of home unless absolutely necessary," said the top honcho of a US-based financial services giant.
An IT professional commuting to Financial District pointed to the stark difference in weekday traffic. "The roads are usually packed on Wednesday mornings as most employees, even those on hybrid work mode, tend to work on this day of the week.
But today, the traffic was fantastic," he said.
You Can Also Check:
Hyderabad AQI
|
Weather in Hyderabad
|
Bank Holidays in Hyderabad
|
Public Holidays in Hyderabad
|
Gold Rates Today in Hyderabad
|
Silver Rates Today in Hyderabad
This was the result of IT bodies such as Nasscom and Hyderabad Software Enterprises Association (HYSEA) relaying advisories, issued by the authorities, to their member companies to adopt remote work policies wherever feasible.
"After receiving advisories from the IT department on Tuesday night suggesting WFH for Wednesday, we sent out emails to our members early today morning suggesting remote work," said a HYSEA official.
"We advised our member companies to ask their employees to adhere to the advisories issued by the authorities for Wednesday and Thursday," said a Nasscom official.
In cases where employees did head to the office, companies urged them to head back home by lunchtime due to the downpour alerts being flashed by the authorities. "We were instructed to return home after lunch and continue working remotely from home," said a techie working with an IT services firm.
During the day, Cyberabad Police Commissioner Avinash Mohanty, who is also the chairman of the Society for Cyberabad Security Council (SCSC), conducted a virtual meeting with over 100 IT industry honchos and other stakeholders, advising companies to minimise employee movement even on Thursday to prevent any unwanted incidents.
Stay updated with the latest local news from your
city
on
Times of India
(TOI). Check upcoming
bank holidays
,
public holidays
, and current
gold rates
and
silver prices
in your area.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Shilpa Shetty, Raj Kundra Booked For Cheating Businessman Of Rs 60 Crore  Shilpa Shetty
Shilpa Shetty, Raj Kundra Booked For Cheating Businessman Of Rs 60 Crore  Shilpa Shetty

News18

time19 minutes ago

  • News18

Shilpa Shetty, Raj Kundra Booked For Cheating Businessman Of Rs 60 Crore Shilpa Shetty

| , Booked For Cheating Businessman Of Rs 60 CroreActor Shilpa Shetty and her husband Raj Kundra were booked by the Economic Offences Wing (EOW) for allegedly cheating a Mumbai-based businessman of Rs 60.4 crore in connection with a loan-cum-investment deal. Another unknown person was also charged in connection with the complainant, Deepak Kothari, has alleged that the couple defrauded him of over Rs 60 crore, which involved Shetty and Kundra's now-defunct company, Best Deal TV Pvt Ltd. According to Kothari, he invested the amount between 2015 and 2023 under the pretext of expanding a business, but the money was allegedly misused for personal expenses. n18oc_breaking-newsNews18 Mobile App -

Infosys shares rise 2% on launching JV with Telstra; stock details here
Infosys shares rise 2% on launching JV with Telstra; stock details here

Business Standard

time19 minutes ago

  • Business Standard

Infosys shares rise 2% on launching JV with Telstra; stock details here

Shares of Infosys rose nearly 2 per cent on Thursday after it announced a joint venture with Telstra, Australia's leading telecommunications and technology company. The IT giant's stock rose as much as 1.82 per cent during the day to ₹1,452.5 per share, the biggest intraday rise since July 15 this year. The stock pared gains to trade 1.6 per cent higher at ₹1,450 apiece, compared to a 0.02 per cent advance in Nifty 50 as of 10:05 AM. Shares of the company rose for the second straight session and currently trade at over 2.5 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 23.36 per cent this year, compared to a 4.2 per cent advance in the benchmark Nifty 50. Infosys has a total market capitalisation of ₹6.02 trillion. Infosys sets up JV with Telstra Infosys will acquire 75 per cent of the shareholding in the Versent group, a wholly owned subsidiary of the Telstra group, that delivers cloud and digital transformation. Infosys is investing Australian dollar 233.25 million (around ₹1,300 crore) in the JV. The IT services major will have operational control, while Telstra will continue to retain the remaining 25 per cent minority stake in the Versent group. The formation of the JV will accelerate Infosys' strategy to help clients navigate their AI journey, and this collaboration will propel AI-enabled cloud and digital solutions for Australian businesses, the company said. Salil Parekh, chief executive officer (CEO), Infosys, said: 'We are excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement Versent Group's cloud-first digital foundation. Expanding our trusted collaboration with Telstra, with whom we share a valued relationship, unveils a new opportunity to further accelerate the innovation agenda for enterprises across the region.' Nomura on Infosys-Telstra JV The deal strengthens Infosys's partnership with Telstra, which is a key account for the company in its telecommunications vertical, analysts at Nomura said. In the past two years, Infosys has announced key deals with Telstra. The collaboration should help strengthen Infosys's business presence in Australia and help it target more private and government customers in the country, the report said. The brokerage retained its 'Buy' rating with a target price of ₹1,880 per share. Infosys Q1 results The net profit of Bengaluru-based company came in at ₹6,921 crore, marking a sequential decline of 1.6 per cent. The top line grew 3.3 per cent on a quarter-on-quarter (Q-o-Q) basis to ₹42,279 crore. Both the numbers beat Bloomberg estimates, where analysts had estimated a net profit of ₹6,778 crore and revenue of ₹41,724 crore. The second-largest software-services provider raised the lower end of its guidance to 1 per cent from nil growth it had guided a quarter earlier. A quarter of strong deal wins worth $3.8 billion helped the company raise the guidance at the lower end, Chief Financial Officer Jayesh Sanghrajka said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store