However, projections made over the last few years indicate a compound annual growth rate (CAGR) of 80-90 per cent. Research firm TPI believes this is "not easily achievable".
Paris-based IT major Capgemini is scouting for three more acquisitions amounting to over $1 billion (around Rs 4,300 crore or Rs 43 billion). It is looking at the business process outsourcing (BPO), product engineering and local consulting space.
The salaries of hardware engineers in the Indian information technology industry have nearly doubled over the last two years and yet the exodus to software continues, according to an Elixir Web Solutions survey.
Taking a cue from the telecom and PC industry, Yahoo!India, is aggressively targeting the new Internet and mobile users in rural India.
Both Indian and MNC IT majors are hiring big time, expressing their confidence in the Indian economy and outsourcing/offshoring growth story.
The amount of digital information consumed globally in 2006 alone, if stacked as books, can go to and fro from the sun 18 times
Launched by of a few IITians, led by Mahendra Pratap, the portal seeks to reward the good referee and punish the not-so-truthful one. A referee can earn up to Rs 10,000 per month by validating candidates' abilities.
Motorola, the world's second largest mobile manufacturer in the world, plans to continue to offer cheaper phones in the emerging markets even as there are reports that it may register losses in its first-quarter results and cut its sales forecast.
Cellphone users are unaware that there are almost 200 viruses that can get into their phones, and wipe out the entire address book, data and music files while they perform an everyday tasks.
NIIT Limited, a provider of IT training, learning and knowledge solutions, is set to expand its overseas presence by expanding its chain of IT education training centres in a few emerging countries and by entering new geographies.
The current level of automation available in the Indian call centre industry is very rudimentary with only the language assistance interface or the first level of the call being automated.
Big and small domestic IT firms are busy positioning themselves to snap up the $8 billion market opportunity that the aerospace sector has created.
Almost 90 per cent of companies that started their captive operations (set up to provide internal services and in some cases sell them to clients) in India in the last 18 months are operating with less than 300 people each.
A professor feels the use of chips among patients can do wonders but he also believes the usage should not be restricted to therapeutic use only.
From a modest beginning as a defence exposition in 1996, Aero India 2007, the sixth edition of the biennial event, has matured beyond recognition, drawing attention from all the global aviation biggies.
It is too late to devote resources to chip manufacturing. India, instead, should explore opportunities in solar energy, where entry barriers are low and end-products are sold like commodity, states a JP Morgan report.
Y Gopala Rao who retired as chairman and managing director, Bharat Electronics, a defence PSU based out of Bangalore, had identified cutting costs as a key objective for the future.
R Karthik Shekhar took the lead to float the Union for Information and Technology Enabled Services in September 2005.
Thousands of robots which were confined to research labs in India, are now finding their way into schools and engineering colleges.
As India moves up the value chain in the global IT arena, the role of software architects will be crucial in designing complex applications.
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