Players slash prices to leverage the popularity of IPL matches on the internet.
Tiger Global Management, a New York-based investment company with close to $2 billion in assets under management, has shut its direct operations in India.
Indian IT companies are equally jubilant. That's because the Bill, which proposes to create Electronic Health Records (EHRs) for all Americans by 2014, is expected to open up a $20 billion market opportunity for Indian IT services firms like Infosys, Wipro, TCS, Firstsource and MindTree.
Imagine this scenario. Pyarelal Shankar a grocery store owner in Haryana is not computer literate. Yet, he manages to regularly update his inventory online.
Bangalore-based information technology services firm MindTree has set up an ambitious target of becoming a $1-billion (around Rs 4,600-crore) company over the next five years.
The recent case of embezzlement by a Wipro insider, believe industry experts and analysts, would have little impact on the company's business or image. However, they simultaneously caution that the issue yet again highlights the need for better measures on corporate governance and fraud.
The plethora of new pricing schemes from telecom companies, like 'one paisa per second' billing, has squeezed the margins of their business process outsourcing partners.
The proportion of women to men falls radically after the mid-management level.
Professional services firm Ernst & Young bagged the contract from UIDAI to become consulting partner for the project.
The increases are expected to be in the 8 to 12 per cent range, which do not compare too badly with the 13 to 15 per cent increments of pre-slowdown years such as 2007-08.
Professional services firm Ernst & Young has bagged the contract from the Unique Identification Authority of India (UIDAI) to become a consulting partner for the project.
New SMS-based service to be offered in association with India Post.
Wipro, the information technology to soaps conglomerate, says it is unlikely, at least for now, to file a formal complaint against the employee who recently siphoned off around $4 million (around Rs 18 crore) from the company's bank account by accessing a colleague's password.
The project involves building a network around a dozen secured centres, each priced at pound 250 mn.
India's second largest IT company, Infosys Technologies, for instance, has narrowed on the new areas to drive its growth.
National Association of Software and Service Companies had a humble beginning.
The sector may not touch the 30-40 per cent growth rates it witnessed before the slowdown, but an register above 20 per cent growth as it nears calendar year 2011, says Partha Iyengar, regional research head and Vice President, Gartner India.
Once confined to secret chambers, hackers now operate even at the behest of nations - all with the stealth shown by the Greeks to destroy Troy with the Trojan horse.
Firstsource was perhaps the first BPO that set shop in the US city of Buffalo in 2004 with 287 employees.
This will also apply to those working temporarily on onsite projects.
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