Experts are of the opinion that though digital services hold the future, the companies are likely to take a hit during the transition period.
The markets opened firm on Tuesday and crossed the 7,800 mark after opening with a gain of 7 points at 7,774.
Eight Indian companies, including Reliance Industries, Bharti Tele-ventures and software giants Infosys and Wipro have made it to the Forbes A-List featuring 400 most attractive companies for investors.
Anil Ambani, vice chairman and managing director of Reliance Industries Ltd, has been adjudged the most admired chief executive in India, while his elder brother Mukesh Ambani occupied the fifth slot.
Major steel companies have shown stronger growth in profit after tax compared to major technology companies but the brick and mortar giants have under performed compared to tech companies in the stock markets.
Infosys Chairman and Chief Mentor N R Narayana Murthy on Monday asserted that the government could resolve the infrastructure problems plaguing Bangalore, India's high-tech city, with partnership from the industry.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Analysts refuse to read too much into the early birds numbers.
Markets end almost flat, bluechips in focus.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Tata Group Chairman Ratan Tata, Infosys Technologies CEO Nandan Nilekani, Wipro Chairman Azim Premji and Reliance Industries Chairman Mukesh Ambani are the four Indians in Asia's 25 most powerful business leaders list by the Fortune magazine.
Software giants Infosys Technologies and Wipro along with ICICI Bank are the three Indian companies that figure in the list of 50 fabulous Asian firms compiled by Forbes magazine.
I see at least 20 other Indian companies being considered as global companies, says C K Prahalad.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
'There will only be an institutional solution between the board and the founders to take Infosys forward.'
Sales expansion also down 4.4%
The country's IT software and services exports from the top-10 firms crossed $15 billion to touch Rs 68,236 crore (Rs 682.36 billion) in 2006-07.
Will terror visit India's IT temples? The bomb hoaxes at the Wipro IT campus (March 9) and the Infosys IT campus (March 14) have sent shivers down a lot of spines.
W12 Studios will be part of TCS Interactive, further strengthening the already impressive array of creative and experience services it offers
We are optimistic about the Indian offshoring story gathering pace, but we feel the biggest beneficiaries will be companies that have proven execution capabilities.
The Sensex opened past the 8,200-mark at 8,208 as against Wednesday's close of 8,189 and later rallied smartly to a high of 8,252.