Large companies are targeting niche players in the market to add to their portfolio.
The herculean effort and complexity involved in getting IT-BPO employees and employers to register - coupled with the high costs incurred in the process - is likely to force IT industry body Nasscom to miss its March 2008 target of 500,000 registrations for its National Skills Registry (NSR) by a huge margin.
New Delhi-based e-learning company Educomp Solutions has worked on a novel business model under which it will invest over Rs 2,000 crore (Rs 20 billion) to "enable" setting up around 150 schools over the next four years.Under this model, Educomp will earn its return on investment by providing intellectual property (IP) for the schools through its Educomp School Management programme and leasing infrastructure through its subsidiary Educomp Infrastructure.
Rohit Kapoor, COO and co-founder, EXL Service, talks to Business Standard about the company's third-quarter performance, growth plans and outlook.
To encourage innovation, IT industry body Nasscom and ICICI Knowledge Park are setting up a $25 million venture capital fund to help startups that are in the intellectual property space. The fund -- to be registered with market regulator Sebi -- will look after the brick-and-mortar costs of startups.
Situated in a special economic zone in Noida, HCL Technology's upcoming campus is spread across 46 acres of land. The half-constructed new HCL tech-hub provides a picture of the grandeur that is to follow as the campus is scheduled to be completed in the next five years.
With the US dollar poised to go below Rs 38 mark, the future looks bleak for the small infotech companies. Even as the nearly $40 billion information technology industry is still trying to stabilise itself from the impact of the rupee exchange fluctuation, since most of their business comes from overseas, the roots of smaller companies have been shaken further.
Indian IT service providers are increasing their exposure in the healthcare and pharma segments. Multi-million dollar deals in this space by IT firms over the past three-four months only buttress this trend. Healthcare outsourcing has moved away from just undertaking medical transcription and business process outsourcing (BPO) work to core functions such as drug discovery, testing, research and development.
The process started from October 6, and trademark owners have the chance to register domain names in the new .asia top-level domain (TLD), prior to a general release of .asia names in 2008. With the support of 73 countries in the region, .asia is looking at means to bind the Asian community.
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.
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