The 24th annual survey saw the Top 20 IT companies -- from both IT services export and domestic IT sector -- post a mixed performance, with the 8 fastest growing companies recording double digit growth.
Bangalore-based Ittiam Systems, which is in the digital signal processing space, is a case in point. Its business model is royalty-driven. It creates intellectual property by way of software and hardware designs, which are used by original equipment manufacturers in areas like mobile internet devices, IP-based networks, video security systems and medical screening.
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India Inc's debt-to-equity ratio has fallen, from 0.92 in FY15 to 0.88 in FY16.
US Defence Secretary Chuck Hagel arrived in New Delhi on Thursday on a three-day visit and is expected to discuss regional security situation, defence deals worth over Rs 20,000 crore and joint military hardware development projects with the Indian political and military leadership.
An American defence contractor has pleaded guilty to having illegally sent blueprints of military hardware to India, including parts used in nuclear submarines.
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Further, the rate of growth improved in all, between June and July 2014.
Services attracted the most FDI during the first eleven months period of 2015-16.
Personal computers' sale remained subdued in the country in the first six months of this fiscal at over 37 lakh, just one per cent up from the same period a year ago.
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The Naukri Job Speak Index, which keeps a track of recruitment trends on a monthly basis, jumped 11 per cent to 1,749 last month.
The two companies, which have a significant presence in India, together employs more than 26,000 people in the country.
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There is a lot of money to be made in the Indian information technology market, but decisions are slow, and large projects are subject to big delays.
'Our equations with China require engagement and not confrontation; its interfaces with Pakistan and with some other South Asian neighbours also add to the complexities,' says Vice Admiral Premvir Das (retd).
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The Information Technology (IT) sector in Gujarat has been witnessing a lot of green initiatives in the recent past.
Foreign direct investment (FDI) in India almost doubled to $2.16 billion in December 2014, compared to $1.10 billion in the same month of 2013.
Lenovo is also inviting developers to help grow the budding Project Tango app ecosystem.
Even client computing is projected to take a hit as personal computer projects are postponed or scaled back this year, rather than getting cancelled outright, because of tighter budgets. Industry-wise, insurance, media and consumer business services' client computing plans were on track, while companies involved with telecommunications, wholesale and agriculture, mining and construction sectors are most likely to reduce spending.