Ahead of the five-day visit from tomorrow of Pakistan's commerce minister, Makhdoom M Amin Fahim, the Confederation of Indian Industry (CII) on Sunday recommended that bilateral economic cooperation be promoted through a focus on healthcare, information technology and entertainment sectors.
Falling demands from household and corporate sector and a strengthening dollar has hit sales of desktops and notebooks in the country, registering a fall of 19 per cent in the October-December period, said MAIT, an IT industry body representing the hardware sector, on Monday.
The subsidiary, Infosys Technologies S. De RL De CV, will provide business consulting and information technology services for clients in all industries
Research firm Gartner today reported that worldwide IT spending will touch $3.350 trillion--an increase of 3.9 per cent from 2009. However, it simultaneously lowered its outlook for the IT industry from the first quarter of this calendar year, when it had forecast worldwide IT spending to grow 5.3 per cent. This is primarily due to the devaluation of the euro versus US dollar since the beginning of the year.
First, the US today has bigger economic headaches than outsourcing.
80% of incremental enterprise investment to be in digital technologies by 2020.
Few lessons world leaders can learn from Tim Cook.
The salaries of hardware engineers in the Indian information technology industry have nearly doubled over the last two years and yet the exodus to software continues, according to an Elixir Web Solutions survey.
Budget expectations 2013: IT sector.
Strengthening the portfolios of the home minister and the finance minister is a message that should not be missed, points out A K Bhattacharya.
The success of IT highlights the importance of opening up and integrating our economy with the world economy.
The 15 ministers were sworn in on Sunday for the expanded Gehlot cabinet, fulfilling a key demand of former deputy chief minister Sachin Pilot whose rebellion last year shook the state's Congress government.
As part of their special responsibilities, Information Technology industry in India is slowly opening its eyes towards the visually challenged by offering them jobs, training and even taking up infrastructural modifications to accommodate them.
Information Technology major Infosys on Tuesday signed an agreement with Australian company Smart Internet Technology CRC to partner in research and development projects.
Easy financing, including grant of tax exemption, being considered to provide early stage funding.
Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said. The aggressive rate hikes will dampen demand and increase the possibility of a recession in the US. This could accelerate the pace of capital outflows, weaken the rupee and raise the threat of imported inflation.
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A letter issued on Monday was jointly addressed to the US commerce secretary and trade representatives.
Information technology firms appear to have lost their appeal at the Indian Institutes of Technology. Campus recruitment figures by major Indian and foreign IT firms have dipped this year, raising further concerns of an industry slowdown.
Hindustan Zinc (HZL), a subsidiary of Vedanta, announced an interim dividend of Rs 21 per share last week, resulting in an outflow of Rs 8,863 crore. The announcement has turned the spotlight on India Inc's dividend-paying policy - more so for reasons driving the generosity of firms. An analysis of BSE 500 companies by Business Standard Research Bureau shows that some of the top 20 dividend-paying companies in 2021-22 (FY22) include Vedanta, Tata Consultancy Services, HZL, Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IndianOil), Hindustan Unilever (HUL), Reliance Industries (RIL), and Bajaj Auto, among others.
SSN School of Advanced Software Engineering, Chennai, in collaboration with Carnegie Mellon University, invites applications for its MSIT programme.
Extending STPI tax benefits beyond 2010 (it was extended by a year in 2009) has been a long-standing demand of the software sector.
'India's specific concerns about whether Russia will be a reliable defense supplier and diplomatic partner in the event of heightened hostilities with China has undoubtedly accelerated the process of US-India defense and intelligence cooperation intended to support Indian military positions along the Line of Actual Control.'
While industry leaders Tata Consultancy Services and Wipro have announced deferring wage-hike plans, other players such as Infosys and HCL Technologies are expected to follow suit, according to industry insiders.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
It's a feel-good, simple, urban romance that has its funny moments.
Expressing concern over the non-availability of qualified manpower for IT and ITeS companies, Nasscom on Tuesday said by year 2010 the industry would face a shortage of five lakh professionals.
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