The analyst community tracking the Indian IT services industry took special note of Accenture's first quarter (Q1) performance, which showcased the rapid growth of its consulting business that outperformed its outsourcing business. Bookings indicate that the trend will continue. Consulting bookings increased 41.6 per cent year-on-year (yoy) to $9.4 billion, higher than the 17.6 per cent growth in outsourcing to $7.4 billion. The management commentary was also more bullish on the consulting business.
Cognizant jumps 13 ranks to become 4th most valued.
The NCW has written to the Delhi Police to expedite its action in the case against the 'Bulli Bai' app, floated for trolling and harassing the victims, to ensure that such crimes do not recur.
The Delhi police on Sunday registered a case based on a complaint filed by a woman journalist alleging that she was being targetted by an unidentified group of people on a mobile application named 'Bulli Bai' created on GitHub platform.
Colleges are witnessing more offers, with better salary packages. Median salary packages offered have improved over last year.
Tata Consultancy Services (TCS) is likely to maintain its leadership position over the next three years backed by a strong and satisfied client base.
Ambassador Pankaj Sharma, Permanent Representative of India to the Conference on Disarmament (CD), Geneva, said India has been drawing the attention of the world towards these threats and the need to strengthen international cooperation to address them through its annual consensus UNGA resolution titled 'Measures to prevent terrorists from acquiring weapons of mass destruction'.
The committee has shared an online form consisting of 11 questions seeking comments of lay persons until March 31.
The Supreme Court on Monday termed as 'amazing' and 'shocking' that people are still being booked under the Section 66A of the Information Technology Act, which was scrapped by the apex court verdict in 2015.
The highest compensation package for the Global MBA class at the S P Jain School of Management stood at Rs 43.9 lakh while that for the MGB programme was Rs 35 lakh.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
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.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Infosys Technologies' fourth-quarter results have been poorly received. The bellwether stock has taken a severe beating, bringing the markets down with it.
An ostensible reason for the demerger was the low profitability of the non-IT business, which was a drag on Wipro's bottom line. It accounts for 14 per cent of the company's turnover but only 6 per cent of its operating profit.
It's the second time Nasscom has projected single-digit growth in a decade.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Both companies, along with three others, were suspended in 2010 on grounds of irregularities.
Software leaders are quite robust.
Is Bangalore, India's Silicon Valley and home for some of the biggest information technology firms in the country, slowly losing out to Chennai? It seems so, considering the investment plans of leading IT companies.
Sikka ranks 35th in the list.
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.
The information technology sector in West Bengal is likely to see addition of 20,000 jobs in 2008. The state currently has about 300 small to big sized companies and employs 55,000.
Infosys is looking for acquisitions but for innovative reasons instead of revenue priorities.
Shortly after the twin earthquake-tsunami that hit Japan, Indian IT firms had started calling back employees.
Headhunters and industry veterans reckon that as the job market opens up, the demand for non-engineering and other non-technical students is expected to be more than that was seen in the previous years.
Data privacy, he said, is a broader argument beyond Aadhaar as it includes everything such as issues related to mobile phones and social media data.
Available data obscures the true stress in bank books, and the pandemic will result in balance sheet impairments and capital shortfalls at lenders, RBI Governor Shaktikanta Das said on Monday. Balance sheet impairment and capital shortfalls will be more evident once the regulatory reliefs are rolled back, Das said in the bi-annual Financial Stability Report, asking lenders to augment capital.
W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers
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.
Many other Indians are heading the businesses at companies abroad.
According to the police, overall, 1,818 people have been arrested so far in 400 cases in connection with the riots. They said 342 charge sheets have been filed by Delhi Police by the end of 2020, out of which the trial court has taken cognizance 250 cases.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
After last year's lull, number of offers jump by 15%.
'An armed helicopter equipped with counter-drone systems will provide the airborne counter-drone capability and flexibility needed to protect India's critical assets.'
