Blame it on improved business climate, restructuring within companies or just the basic need to pursue better opportunities -- the Indian information technology industry is seeing heavy churn at the top.
In IT, male supervisors out-earn their female counterparts.
Infosys Technologies will soon induct two of its top executives to its board, to fill the vacancies left by the resignations of human resources and administration director Mohandas Pai and co-founder K Dinesh.
Cognizant derived 41 per cent of its revenues from financial services.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
A thorough comparison between the two smashing smartphones. Find out why Galaxy S II takes the cake away from iPhone 4S in India.
The Bombay Stock Exchange says it will train 6.5 million people in the next 10 years to work in the BFSI (banking, financial services and insurance) sector, the largest employer in the Indian private sector.
The highest domestic package, however, fell 10 per cent
The US and Europe are key markets for the over $ 140 billion Indian outsourcing sector.
Indeed has seen an increase in listings for drivers, food delivery runners, and other service providers.
'Offshore services are expected to grow in 2010.'
At least three brokerages, two domestic and one global, have said the company could cut its revenue growth guidance again in dollar terms
The report further revealed that the BPO/call centre industry has dropped down several places, forfeiting its second position on the list to the manufacturing industry, which has shown promising growth.
Infosys, the country's second largest information technology exporter, plans to sharpen its focus on specific segments for select regions as part of its strategy for expansion and servicing of new markets.
Total exit value breached the $10 billion mark for the first time to touch $10.3 billion this calendar, from $9.4 billion in 2015
Management campuses are expecting the rise in pre-placement offers to ease the final placement process.
Cost cutting has always been on our agenda be it on power, travel or communication, says S Ramadorai, the chief executive officer, TCS.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
In a chat with Shivani Shinde, Cognizant vice-chairman Lakshmi Narayanan explained the rationale behind the current acquisition and the way ahead.
Of the available media, it was the fastest growing segment in 2008. Its better return on investment and the comparative ease with which its efficacy can be measured will ensure that the trend continues, say analysts. Rising interest in social networking in 2008 has made brands think seriously about online advertising.
Compared to the last 40 years (of TCS' existence), this is by far the most challenging time. The last nine months, in particular, were quite challenging. Some of our top financial services customers were in a difficult situation.
Despite the recent slowdown, e-commerce tops the projected average salary hike list
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
They are witnessing, or anticipating, a double-digit growth in job offers over the same period last year.
By 2022, the entire job landscape would undergo drastic change.
The banking, financial services and insurance was the highest paid sector
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
Even as IT majors are hiring in fewer numbers this financial year on the back of a slowing global economy and trauma in the banking, finance and insurance services (BFSI) sector, Indian business process outsourcing (BPO) firms--captive and pure play--appear bullish. They are increasing their headcount in the country, attributing their optimism to business ramp-ups over the last couple of months and an increased acceptability of offshore work.
Wipro BPO, the business process outsourcing arm of soaps-to-IT services player Wipro Ltd, plans to expand its operations in China and the Philippines by opening two more centres in these countries by the end of this year.
The ongoing downturn has forced firms to cut back on advertising expenses. The banking, financial services and insurance segment (BFSI) has cut advertising budgets by nearly 40 per cent.
Global companies, e-commerce platforms and software product firms all want skilled digital workers.
With the retail and construction sector expanding their IT infrastructure in the country, the overall revenue of the servers, a data storage device, touched $727 million (about Rs 2,903 crore) in 2007 recording a 24 per cent increase over 2006, a report said.
The country's largest software exporter Tata Consultancy Services on Monday reported a stellar 72.7 per cent growth in net profit at Rs 6,413 crore for the fourth quarter of last fiscal ended March 31.
Infosys is likely to report strong revenue growth in the fourth quarter of FY19 on the back of momentum in the big deal space.
Employees who forward office documents and emails to personal email accounts pose the greatest security risk to an organisation, according to a report by Websense.
Some of the significant deals include private equity firm FMO's 14.48-million-dollar investment in Magma Leasing, Singapore based investment group Orient Global's 26.88-million-dollar investment in domestic brokerage firm India Infoline, ICICI Venture's $44.57-million investment in Centurion Bank of Punjab and French banking group BNP Baribas' 50.14-million-dollar investment in stock broking firm Geojit Financials.
Employers are now looking to hire professionals who can demonstrate their skills rather than reel off a catalogue of undirected theoretical qualifications.
In a bid to diversify their risk in the backdrop of a US slowdown and a fallout from the sub-prime crisis, which has affected the BFSI sector, Indian business process outsourcing units have begun training their sights on the domestic market. The deal sizes for the BPO segment have increased to $5-50 million from just a few hundred thousand a year ago.
"This is expected to be the busiest festive season for e-commerce companies as Indian consumers are likely to spend up to Rs 25,000 crore as against over Rs 20,000 crore spent in the festive season last year," Assocham Secretary General D S Rawat said.
