Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
ITC Infotech looks to buy 'sub-$50 mn' firms
One of the good things about our business is, if customers are under pressure and in a cost-cutting mode, we are able to provide more efficient solutions.
She was among the key executives brought in by Sikka from SAP and was overseeing large deals
A lot of my decisions are based on idealism, says N R Narayana Murthy
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
Infosys is planning to hire the first 500 within two years.
Maharashtra raises vehicle registration fee, Tamil Nadu ups entertainment tax
New Microsoft study finds a majority of the millennial workforce are open to digital workspaces.
These consistent performers are expected to maintain momentum.
TCS, which, plans to earn $1 bn in 3-7 years will explore segments such as cyber security, internet of things, analytics of IoT, and cloud application and infrastructure.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
US firms are seeking Indian engineers to work on technologies similar to their global counterparts
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
Four Tech Mahindra employees approached the labour commission in Karnataka
The IT major is donning a new face for the changing times, says Ayan Pramanik.
The IT major is donning a new face for the changing times, says Ayan Pramanik.
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
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