News for '-it-companies'

Top four IT firms double net staff addition in Q2

Top four IT firms double net staff addition in Q2

Rediff.com2 Nov 2018

The record in net addition from the top four was in 2016-17, of 59,427 employees.

How NIIT became a big success in China

How NIIT became a big success in China

Rediff.com18 Feb 2020

The job placement rate for students trained by NIIT in China is over 90 per cent.' A revealing excerpt from Saibal Dasgupta's Running With The Dragon: How India Should Do Business With China.

Demystifying the new Motor Vehicles Act

Demystifying the new Motor Vehicles Act

Rediff.com28 Sep 2019

While some states have proposed to dilute the hefty penalty provisions in the Act, there are those like West Bengal which have refused to implement right away.

Ness Wadia's arrest: Did Britannia violate listing norms?

Ness Wadia's arrest: Did Britannia violate listing norms?

Rediff.com6 May 2019

According to Sebi's listing obligations and disclosure requirements, a company has to report any fraud, default by promoter or arrest of key managerial persons or promoters as it is a material event.

Received VRS? How to generate passive income

Received VRS? How to generate passive income

Rediff.com15 Jan 2020

People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.

H-1B visa: Changes that Trump administration is planning

H-1B visa: Changes that Trump administration is planning

Rediff.com9 Nov 2018

The changes if legalised would have a detrimental effect on the functioning of Indian tech companies in the US and also small and medium-sized contractual farms in the IT sector, which are mostly owned by Indian Americans.

American nightmare for Indian IT cos

American nightmare for Indian IT cos

Rediff.com27 May 2019

The industry's operating margins will narrow by 0.30- 0.80 per cent largely on an increase in local hires which the industry has been forced into due to the policy framework in its markets.

Budget 2020: Key demands of the IT sector

Budget 2020: Key demands of the IT sector

Rediff.com16 Dec 2019

A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.

Why Indian IT is staring at an uncertain future

Why Indian IT is staring at an uncertain future

Rediff.com8 Jun 2018

NITI Aayog recommendations cite the need for greater industry-academia collaboration to meet skill demand

Cheaper pound will have the biggest impact on IT industry: Pai

Cheaper pound will have the biggest impact on IT industry: Pai

Rediff.com24 Jun 2016

Indian IT companies may become more competitive in the UK because EU players would not be able to come to the UK very easily as they would now need visa and work permits

Cognizant to pay $28m in US to settle India bribery case

Cognizant to pay $28m in US to settle India bribery case

Rediff.com16 Feb 2019

The company, which had made voluntary disclosures about the bribery incident to the US authorities, also said with this resolution, there was no pending investigations against Cognizant.

Is a bubble building up in IT midcaps?

Is a bubble building up in IT midcaps?

Rediff.com27 Mar 2018

As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.

H-1B visa: Silicon Valley-based IT firm sues US govt

H-1B visa: Silicon Valley-based IT firm sues US govt

Rediff.com17 May 2019

The company's H-1B petition on behalf of Anisetty was denied on the sole ground that the job offered to him did not qualify as an H-1B specialty occupation.

Sikka snubs Trump, says Indian IT not dependent on H-1B

Sikka snubs Trump, says Indian IT not dependent on H-1B

Rediff.com22 Jun 2017

Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.

Nasscom cautions over revamp of lottery system for H-1B visas

Nasscom cautions over revamp of lottery system for H-1B visas

Rediff.com19 Apr 2017

The proposed changes are forward-looking and non-specific, said Nasscom

Ghaziabad man becomes 30th coronavirus case in India

Ghaziabad man becomes 30th coronavirus case in India

Rediff.com5 Mar 2020

The Paytm employee, who tested positive for the contagious disease with flu like symptoms on Wednesday, came in touch with 91 people in Gurgaon, an official said, citing his counterpart in the suburban town.

Modi shaping surgical strike into 'political asset': Rahul Gandhi

Modi shaping surgical strike into 'political asset': Rahul Gandhi

Rediff.com1 Dec 2018

The Congress president alleged that the surgical strike was made public as the BJP was fighting elections in Uttar Pradesh.

Lawsuit filed in US over short-duration H-1B visas

Lawsuit filed in US over short-duration H-1B visas

Rediff.com16 Oct 2018

ITServe's lawsuit against the USCIS alleges that the agency has no authority to misinterpret the existing regulations and shorten the approval durations.

'In 1987, my first salary was Rs 550'

'In 1987, my first salary was Rs 550'

Rediff.com24 Jul 2019

Rediff readers tell us what they did with their first salaries.

'It is climate change time for corporate India'

'It is climate change time for corporate India'

Rediff.com4 Dec 2019

'There are companies that are losing and there are companies that are rising.' 'And the companies that are losing are positioning it as an economic slowdown.'

Larsen & Toubro all set to launch its 'Nxt' disruption

Larsen & Toubro all set to launch its 'Nxt' disruption

Rediff.com30 Mar 2019

Honed and utilised in-house for over three years, the engineering major's new arm - L&T-Nxt - will focus on AI, IoT, vitual reality and cyber security among other fields of digitisation.

RIL pips TCS once again to become most valued firm

RIL pips TCS once again to become most valued firm

Rediff.com20 Aug 2018

Shares of RIL on Monday opened at Rs 1,206.50, then gained further ground and touched its 52-week high level of Rs 1,238.05, up 2.87 per cent over its previous closing price.

'There's real interest in India right now'

'There's real interest in India right now'

Rediff.com27 May 2019

People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.

Zee's repayment woes force fund houses to reschedule

Zee's repayment woes force fund houses to reschedule

Rediff.com19 Apr 2019

According to industry players, over 50 FMPs have exposure to Zee Group companies.

IT firms cut flab, sack 3,000 in Q1

IT firms cut flab, sack 3,000 in Q1

Rediff.com13 Sep 2017

First sequential decline in a decade as 8 of top 15 software firms report drop in manpower

IT beats manufacturing in employee productivity

IT beats manufacturing in employee productivity

Rediff.com6 May 2016

In five years, per-employee revenue for IT companies grew at 9 per cent each year.

Tatas will lead, not follow: Chandrasekaran

Tatas will lead, not follow: Chandrasekaran

Rediff.com21 Feb 2017

Chandrasekaran served TCS for three decades as it rose to become the largest IT company in the country and also the crown jewel for Tata Sons

Good time for cash-rich IT firms to go for share buy-back

Good time for cash-rich IT firms to go for share buy-back

Rediff.com24 Dec 2016

Higher dividend taxes, falling valuations make alternative shareholder payment attractive.

'My first salary made me financially independent'

'My first salary made me financially independent'

Rediff.com18 Jul 2019

Rediff readers share their interesting stories about the first salary and what it taught them.

Why India's engineering grads should worry

Why India's engineering grads should worry

Rediff.com6 Sep 2017

'Lakhs of engineers graduate every year in India and the IT industry used to be the primary recruiter. That is going to end.'

Indians may benefit as US House scraps 7% country cap on Green Card

Indians may benefit as US House scraps 7% country cap on Green Card

Rediff.com11 Jul 2019

The bill, however, has to be passed by the Senate, wherein the Republicans enjoy a majority, before it can be signed into law by the US President Donald Trump.

Mindtree promoters vow to fight L&T's takeover bid

Mindtree promoters vow to fight L&T's takeover bid

Rediff.com19 Mar 2019

The attempted hostile takeover bid of Mindtree by Larsen & Toubro is a "grave threat" and "value destructive" to the organisation collectively built over 20 years, the promoters said pledging to "unconditionally oppose" the hostile takeover attempt.

Visa fee hike not to impact Indian IT industry growth: Murthy

Visa fee hike not to impact Indian IT industry growth: Murthy

Rediff.com18 Dec 2015

The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.

'Economy is already in recession'

'Economy is already in recession'

Rediff.com13 Jan 2020

'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.

Sabka Vishwas: Will Modi walk the talk?

Sabka Vishwas: Will Modi walk the talk?

Rediff.com14 Jun 2019

If the challenge of the government is to regain the confidence of the minorities, it has to first overpower its own unruly gangs and their heroic masters, says Sunil Varghese.

Why the Street prefers TCS over Infosys

Why the Street prefers TCS over Infosys

Rediff.com23 Apr 2019

While growth metrics for Infosys was skewed to a single vertical and it is struggling to get a handle on costs, TCS has been able to manage growth and keep cost inflation under control.

Digitisation pushes ITES cos to hire off campus

Digitisation pushes ITES cos to hire off campus

Rediff.com16 Oct 2017

IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.

Why Kerala's start-up ecosystem is unique!

Why Kerala's start-up ecosystem is unique!

Rediff.com1 Nov 2019

'We have integrated start-up space created in almost all the 14 district headquarters of the state.'
'They have incubation facilities providing entrepreneurs common facilities like shared software, legal support, fab labs, hardware, manufacturing facilities and services like chartered accounting facilities, etc, enabling the start-ups to concentrate on technology R&D and product development.'

Real reason why top IT cos have reported a decline in assets

Real reason why top IT cos have reported a decline in assets

Rediff.com18 Jun 2018

The combined assets of the top five - Tata Consultancy Services (TCS), Infosys Technologies, Wipro, HCL Technologies and Tech Mahindra were down one per cent to Rs 27,7400 crore at the end of 2017-18, from Rs 28,0100 crore a year before.

How Brexit will hit Indian IT firms

How Brexit will hit Indian IT firms

Rediff.com28 Jun 2016

Revenues, profit margins will be hit in the next one year, but more demand in the longer run.