.jpg)
India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
Now sole contender as L&T Infotech quits race
Murthy comes at a time when the company is losing market share, profitability, and has lost control over predictability of the business.
It, however, is yet to decide on the annual wage rise.
In the quarter ended March, the company's overall headcount fell by 791 to 84,403.
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.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances