India and the UK have respected each other's political sensitivities during the negotiations for free trade agreement, with New Delhi agreeing to drop its demand on post-study work visas for students in exchange for Britain withdrawing its request to open up legal services here, an official said on Wednesday.
Tata Consultancy Services is the top IT-ITES employer in India, followed by Infosys Technologies and Wipro Technologies.
The seventh annual Nasscom ITES-BPO strategy summit commences in Bangalore on Tuesday.
Aiming to tap India's growing business process outsourcing market, global HR services firm Manpower has launched an ITeS division to provide customised HR services to the ITeS industry in the country.
'The overwhelming evidence from various studies and reports indicates that the current work culture in the IT sector, characterised by excessive hours, has severe consequences for health, productivity, and overall quality of life.'
About 640,000 professionals were employed in the domestic market and 23,24,000 in outside the country.
The booming ITES-BPO industry, faced with shortage of talent and high attrition, is trying to now attract under graduates.
Unique benefits, work-life balance, and fair share of profits were the top three areas where MNCs fared better over Indian companies
'They sell such ideas in the name of 'national interest'.' 'What national interest are they talking about?' 'There is no national interest in this. The only interest that is there is their profit.'
Domestic IT and ITeS market is likely to reach Rs 1,10,000 crore mark in 2008, as revealed in a study.
The IT and ITes sector will contribute to seven per cent of the country's GDP by 2007-08 from 4.8 per cent in 2005-06, a senior government official said on Wednesday.
'The choice is clear: We either embrace this transformation and cement our global leadership, or hesitate, lose ground, and fade into irrelevance.'
The IT and ITeS sectors expect a reduction in minimum alternate tax (MAT) and dividend distribution tax in the next month's Union Budget, a senior economist said on Tuesday.
In an online chat with Get Ahead readers on April 26 Sunder Ramachandran of WCH Training Solutions guided them on how best they can improve their employability skills to get meaningful employment in the IT/ITES sector. Here is the unedited chat transcript.
The Indian information technology and related services industry is predicted to become a $100 billion plus industry by 2011, growing at a compound annual growth rate of 18 per cent, states an IDC report.
Every rupee spent by the IT-ITeS sector (on domestically-sourced goods and services) translates into a total output of Rs 2 in the economy.
Dr Dipankar Dutta will answer your questions related to preparing for a career in engineering or technology.
Indian IT-enabled services companies can attain high profitability in the long term and growth of such services will be highly sustainable, according to report by CRIS INFAC, subsidiary of CRISIL.
According to IDC report 'India Domestic IT/ITeS Market Top 10 Predictions for 2009', the country's IT/ITeS market growth rate is expected to fall to 16.4 per cent in the coming five years till 2013 from an average of 24.3 per cent during 2003-08. This slower rate of growth will see enhanced competition leading to a rapidly changing strategy and continuous market re-alignment on the part of players, IDC said in a statement.
Infosys CEO Salil Parekh has indicated that offers given to freshers will be honoured by the company and followed with joining, although there has been some change in dates. The comments of Infosys top honcho assumes significance amid reports that the company has delayed onboarding of 2,000 fresh engineering graduates from 2022-batch.
They remain a popular choice for the young generation and offer numerous job opportunities for graduates from various backgrounds.
New supply of office space across seven major cities fell 4 per cent annually in the July-September quarter to 12.8 million square feet while gross leasing of prime workspace rose 17 per cent, according to Vestian. In its report released on Wednesday, real estate consultant Vestian said the fresh supply of office space in Hyderabad declined 25 per cent in the July-September quarter to 4.10 million square feet.
Genpact has been ranked India's best third party ITES-BPO company, followed by WNS Global Services at the second spot and Transworks Information Services taking the third slot.
R Karthik Shekhar took the lead to float the Union for Information and Technology Enabled Services in September 2005.
The Rs 10,000-crore (Rs 100 billion) Hero group on Thursday spun off its IT-enabled services unit into an independent company to facilitate the division's initial public offering and acquisition plans.
IT companies are dependant on headcount for their revenues and fringe benefits forms a part of the compensation payable to employees.
Companies wanted continued fiscal support from the government in form of extension of the provisions of section 10 A/10 B of the Income Tax Act 1961, according to the results of the study released on Friday. The income tax holiday under sections 10 A/10 B are set to expire on March 31, 2010.
A survey of more than a 1,000 plus salaried IT/ITES taxpayers from Bangalore, Chennai and Hyderabad has revealed interesting facts about how they plan their taxes, medical insurance, life insurance and investments.
The company, which serves financial services, telecom and white goods verticals and has overseas presence including offices in US and UK, is also looking at entry into newer verticals besides going public soon. \n\n
Buoyed by growth in exports and strong domestic demand, the Indian IT-ITeS industry has recorded $39.6 billion in revenues in 2006-07, up 30.7 per cent against a projected growth of 27 per cent, according to Nasscom.
Information technology and IT-enabled Services will continue to drive the employment generation in the country for the quarter July-September 2005, according to a Ma Foi Employment Survey.
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
Tech giant Microsoft regained the top spot in the list of best employers to work for in India in 2024, followed by Tata Consultancy Services (TCS) and Amazon, according to a Randstad Employer Brand Research report released on Wednesday. Microsoft had topped the list in 2022, but slipped to fifth in 2023. The 2024 list is based on responses from 3,507 people.
... and there is no stopping its pan-Islamic agenda, cautions Ambassador M K Bhadrakumar.
