Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
'We are on a whole different level of complexities and fundamental change is happening in the industry. There is a need for organisations to design themselves to deal with such complexities.'
Nasscom said growth for the current financial year (2016-17) was expected to be 8.6%
Software services industry may have to relook its cost structure to maintain a higher margin.
Pai sought to look at the issue of founders raising questions as shareholder activism.
Infy board gets law firm to probe 'lapses', appoints Cyril Amarchand Mangaldas to engage with founders.
Refutes claims of differences between board, founders and Sikka; board needs to do better scrutiny, says Mohandas Pai.
Sore points: Sikka's salary, high severance pay to executives, poor disclosures.
In the past five years, the US has seen nearly two dozen Bills on employment visas introduced without success. But this time it is different, industry sources tell Ayan Pramanik.
Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
India's software industry mounts two-pronged campaign to tackle Trump administration. Ayan Pramanik & Karan Choudhury report.
The US president's stance on immigration could lead to a change in H1B visa rules.
All major Indian IT services providers are keenly watching US President Donald Trump's potential actions on immigration law. Ayan Pramanik reports.
Shine Jacob & Karan Choudhury highlight the red flags raised by the Controller General of Accounts.
'In certain sectors we want to become catalysts, in others we want to encourage.' S D Shibulal discusses Axilor Ventures with Ayan Pramanik and Raghu Krishnan.
RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.
BC Tripathi, who helms India's largest natural gas marketer and transporter -- GAIL, discusses last-mile connectivity to homes with Jyoti Mukul and Shine Jacob.
'India is a country where many of the problems need local solutions and some be solved using basic science.'
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
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