Move to help employees get more without raising their salary base
Q4 turned out to be a much softer quarter than we expected, and some of the ramp-ups did not happen.
It might take a little longer for demand to pick up in India's IT outsourcing services industry.
The US company is driving this strategy through a combination of initiatives, including working with telecom carriers to offer Facebook to users at an affordable rate.
The $100-billion export-driven sector has been vocal on the need to move up the value chain with increased automation, offering services bundled with software products and platforms.
On Tuesday, Nasscom announced at its 21st Leadership Summit that it expected the sector to grow 12-14 per cent in FY14, better than the 10.9 per cent growth it would report for FY13.
Infy CEO and MD talks about the factors behind the company's performance in the quarter.
Indian information technology (IT) and businesses process outsourcing (BPO) firms that are heavily dependent on business visas can heave a sigh of relief as the United States Department of Labor (DoL) has decided not to change the Labor Condition Application (LCA) norms for now, said industry sources.
An interview with Wipro's CFO and executive director Suresh Senapaty where he explains what the new structure will mean for the company.
Results are based on the review of the search activities on maps.google.co.in for August 2012.
According to a recent study by Kauffman Foundation, based on a sample survey, about 33.2 per cent of the co-founders of engineering and technology companies incorporated in the US during the last six years were Indians.
Despite growing protection in the US, Microsoft says it will keep scouring for talent from its second-largest employee base.
The company has launched aggressive recruitment programmes overseas, a top official said.
Move fits into strategy to expand in Europe, add to consulting capability.
Information technology (IT) services major Infosys has said its increasing focus on the domestic market wouldn't erode the company's margins. Its strategy of selectively taking up projects that require the deployment of products and platforms would help the company maintain its margins, it added.
The Indian IT industry is in for a tougher visa regime in its biggest market, the US. Firms such as Infosys, TCS and Wipro that send thousands of techies on short-term business assignments to the US will now have to disclose personal details of these employees and names of the American companies they are assigned to.
French consulting-IT major to focus on specialised areas in energy, tax and telecom
The largest subsidiary of India's second largest IT services company reported a 400-basis points improvement in operating margins, to 22 per cent in 2011-12.
To focus on leadership grooming, corporate governance and brand repositioning
Philippines might have emerged as the new capital for call centre works, but the country still has a long way to go to match India in the overall business process outsourcing (BPO) segment not just in terms of size of the industry, but also in terms of range of services.
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