The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Why top executives are trading cushy jobs for start-ups
According to Nasscom, engineering services exports had grown at 13 per cent in 2017 compared to six per cent rise in IT services exports and eight per cent in business process management (BPM). It had also recorded the highest growth in the last three years, reports Debasis Mohapatra.
As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.
It has replacements ready even for senior managers, in case someone quits.
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
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.
The share buyback -- which will be the first in the company's 36-year history -- has been a long-standing demand by some of the founders and high-profile former executives, who have been pushing Infosys to return surplus capital to its shareholders.
Sikka ranks 35th in the list.
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Software industry body Nasscom on Wednesday appointed Cognizant India Executive Vice Chairman R Chandrasekaran as its Chairman for the year 2014-15.
Lightning Logistics, Shreyas Shibulal's start-up, rents out electric scooters along with the riders for last mile delivery.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
IT, pharma and FMCG stocks are the top performers in 2013.
While Pokemon Go prompted people to get out of their chairs and take a walk, Trakinvest became a potential hiring platform for brokerage firms. Anita Babu on gamification in 2017.
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
A company with a size exceeding $1 billion finds it really hard to innovate.
Nearly 150 companies visited the campus this year.
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
A new motivation needs to spread through the existing ranks to upskill and reskill themselves in the 55 new job roles for digital, says Ganesh Natarajan.
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Markets under pressure; IT financials grab spotlight.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
There has also been a shift from hiring freshers to those with two to five years' experience.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
The recovery was led by information technology exporters.
IT industry body Nasscom said it is quite hopeful the final contour of the bill would be much more balanced than it is at present.
Making employers provide creche facilities would be a powerful incentive for women to stay on in the workforce rather than drop out owing to the pressure of child care, says Shuma Raha.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Sensex closed over 118 points down on Thursday.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
IT majr Wipro needs stability at the top deck, say industry watchers.
Large and small businesses alike have delivered low-key performances.
'Earnings revival could be two quarters away.'
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