The money generated, expected to be more than a billion dollar per annum, would be used to fund a biometric entry and exit tracking system
Chouhan's son Kartikey accused the Congress leader of intentionally making a false allegation about his name being in Panama Papers of alleged tax evaders.
Canada and Mexico emerge as preferred destinations to service clients in the US; east Europe and Nordic nations are favoured alternatives
Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks
Overall attrition jumped to 20.6 per cent in the quarter, a 400 basis points rise over 16.6 per cent in the earlier quarter.
The new information required by the Department of Labour is significant because before sponsoring a foreign worker for the H-1B visa, the company needs to get its labour application approved by it.
Extensions of H-1B visas have become even tougher, in particular if the employee has been on a bench for any part of their previous duration.
Stronger rupee likely to take a toll; Infosys results on April 13 to be keenly watched
The company is the third largest employer among foreign IT companies in the country, after Accenture and IBM
Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.
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Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years.
Almost all Indian IT companies pay between $8,000 and $10,000 per H1B visa as per the hike
The publisher had approached the high court on November 12 challenging the October 30 order of the urban development ministry, ending its 56-year-old lease and asking it to vacate the premises in the press enclave at ITO by November 15.
IT industry always looks for talent with right technical capability, says Gopalakrishnan
The publisher had approached the high court on Monday challenging the October 30 order of the urban development ministry, ending its 56-year-old lease and asking it to vacate the premises in the press enclave at ITO in Delhi.
'You can't take jobs to people, you have to take people to jobs.'
The challenge for Indian software is clear. A good part of its bread and butter business - writing code and maintaining software systems - is being automated, reducing revenue streams and work for lower level employees
During the quarter ended December, foreign investors aggressively raised their shareholding in Indian information technology (IT) companies, especially mid- and small-sized ones, according to shareholding data.
The surge in IT, auto and FMCG stocks were led by investors seeking safety against market volatility.
In the wake of the 2G acquittals, here are a few high-profile cases in which question marks were raised by various courts over the CBI's probe.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
'They suck talent and dump elsewhere,' says ZohO founder Sridhar Vembu.
According to the latest annual report for 2017-18, the percentage of the company's employees in the age group of 18-25, came down to 28.16 per cent, from 31.19 per cent in the previous financial year.
The second campus would have the potential to create around 18,000 jobs
The Indian IT industry has led the way, in strengthening the India-US trade and investment relationship, Sandhu said adding that today, companies like TCS, Wipro, Infosys and HCL employ well over 50,000 US citizens and support more than 280,000 other local US jobs.
Troops of India and China were locked in a 73-day-long standoff in Doklam from June 16 last year after the Indian side stopped the building of a road in the disputed tri-junction by the Chinese army.
IT companies account for a third of the entire dividend pot this year
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
"Year-after-year, the IT companies remove and sack professionals and simultaneously hike their top executives' salaries in the name of fancied compensation based on variable pay and stock incentives," FITE general secretary AJ Vinod said.
TCS, which recently raised its hiring forecast, is considering the off-campus route for FY14.
The first option that the state government might opt for is offer Infosys space in one of the SEZs that are coming up, but that is unlikely to be accepted
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Like their international peers, Indian CEOs too have a significant portion of their incomes coming from stock options and performance-linked bonuses
Chicago-based Tribune Publishing Company is moving work to TCS
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.
'Indians are great savers, but they are lousy investors.'
The beta of large IT firms has increased since 2008 and is expected to inch up further given the rising challenges.
India has expressed concern over the hike in visa fee by the US, saying it is "discriminatory" and largely affects Indian IT professionals.
'Middle-level managers account for 10 per cent -- or 450,000 people -- in the IT industry in India.' 'And of these 225,000 would lose jobs over the next one decade as their work would get automated.' 'This is grim news for many reasons,' says Aakar Patel.
Almost all Indian IT companies would pay between $8,000 and $10,000 per H1B visa from April 1
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