Rising wage costs, competition from countries like China, the impending withdrawal of tax incentives under the STPI scheme, the slowdown in the US and the rising rupee have all punctured the optimism of the IT industry.
Computer hardware majors like Dell, HP and HCL launch products to woo companies.
The industry is non-committal on whether it is particularly vulnerable.
Thursday's flooding of the National Informatics Centre rendered most of the Indian government websites with the domain address 'nic.in' -- including the Prime Minister's and President's websites -- inaccessible.
The spend is an increase of 24 per cent over the previous year.
China is promoting its information technology outsourcing sector as a rival to the market leader, India. The figures, however, paint a different story.
Sensing the high stress levels among employees that lead to lower productivity and higher attrition rates
The aerospace technology outsourcing market in India will touch $1 billion by 2009, according to Nasscom.
The subscriber companies post high-paying job opportunities on techTribe leading to techTribe members (Tribers) referring other Tribers as candidates for the posted jobs.
Travel portals have also increased their ad spends by anywhere between 20 and 50 per cent and have added value packages and special holiday discounts.
A study conducted by BSA estimates that a 10-point drop in piracy in India from 74-64 per cent over four years would add 115,847 jobs.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances