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.
There has also been a shift from hiring freshers to those with two to five years' experience.
A company with a size exceeding $1 billion finds it really hard to innovate.
Credit Suisse thinks it possible for the company to narrow its forecast ('guidance') range.
The recovery was led by information technology exporters.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
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.
Large and small businesses alike have delivered low-key performances.
Infosys, TCS, HUL and Reliance Industries were the top gainers of the day.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'Earnings revival could be two quarters away.'
Sensex closed over 118 points down on Thursday.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The 30-share Sensex ended down 339 points at 28,119 and the 50-share Nifty closed 100 points lower at 8,438.
Detectives in Sydney have spoken to more than 2,000 people, taken almost 250 statements. They have considered the possibility that someone in India was involved in, or helped organise, Prabha Arun Kumar's murder.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
The Sensex ended at at 27,676, lower by 210 points and the Nifty broke the psychological level of 8,400 to end at 83877 down 70 points.
Market ended lower for the third straight session led by IT stocks amid downgrade by Citigroup.
It is expected growth will primarily be driven by continued demand from the US, a revival in the European market, especially continental Europe, and increased momentum in the adoption of new technologies.
The broader markets were marginally higher with mid-caps and small-caps gaining 0.1-0.4 per cent on the BSE.
Social activist Nalini Sekhar has worked to improve the working conditions of the waste-pickers of Bengaluru for the last four years and describes the her work as being rife with "occupational hazards which energises her to work with more vigour".
Sensex climbs higher on favourable global cues.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Sentiment has improved but no progress on GST & ending 'tax terrorism' disappoints.
'Could this be a random attack? Well, yes it could. It could be a whole range of scenarios... and we are considering all of them.'
Delhi Chief Minister Arvind Kejriwal undertook a course in naturopathy in Bengaluru recently. We take a look at what the treatment involves.
They are shaken by the mass molestation in the city on New Year's Eve. But they are not waiting to be rescued. Nikita Puri reports.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
It was expected to be a friendly Bill for the IT outsourcing industry
Financial numbers can sometimes paint a rosy picture because of changes in the accounting policy or a one-time income.
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