Amid the controversy over the introduction of a bill proposing to ban L1 visas under which intra-company transfers take place to the US, Tata Consultancy Services said on Wednesday that though the company is concerned about the situation.
The US president's stance on immigration could lead to a change in H1B visa rules.
About 80 per cent of the companies that are registered are essentially non-IT.
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
India urgently faces a shortage of around 200,000 IT and ITeS professionals. The shortage is bound to grow to 3.6 million in the next eight years.
If the current growth trend in the IT industry continues, software and IT services will contribute 8 per cent of the country's gross domestic product by 2008, Nasscom president Kiran Karnik said on Saturday.
Non-profit Code for India, which inspires techies to volunteer their time and talent to the developing world, on Thursday announced that parallel India-US hackathon will be held at the Google campuses in Bangalore and in Mountain View, California.
State governments will spend close to a staggering Rs 15,000 crore (Rs 150 billion) on computing their operations over the next five years, a Nasscom study has predicted
'Software industry on track towards 30% exports'
The 50-share NSE Nifty ended up 37.05 points, or 0.36 per cent, at 10,397.45 points
These skills will give you an edge over the competition.
Most positives seem to be factored into current valuations.
According to Nasscom estimates, Rs 900 crore in revenue was lost in 1999-2000, Rs 1200 crore in 2000-01 and Rs 1700 crore.
The six service lines that Infosys is focusing on include manufacturing, retail, consumer packaged goods, logistics, lifescience, energy, communications, financial services and insurance.
Job cuts in Indian IT companies will be 1.75 -2 lakh per year in next 3 years, due to under- preparedness in adapting newer technologies, says Head Hunters MD
A RBI constituted panel on financial inclusion headed by Nachiket Mor had recommended the setting up of the payments banks in order to deepen access to finance.
Infosys forecast a 10.8-12.3 per cent sales growth in the US dollar terms for 2016-17.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
IIM Ahmedabad's CIIE signed a MoU with Tata Trust for founding partner for the Bharat Fund, which will provide seed funding to Indian entrepreneurs.
The first phase of integration is already over
China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America
Underweight on the sector since January amid concerns over growth prospects; no early reversal seen
Unique benefits, work-life balance, and fair share of profits were the top three areas where MNCs fared better over Indian companies
Nadella advised the start-up community to learn from the failures
New Delhi has made it clear that any blow to its outsourcing industry would make the country less receptive to helping American companies that run into trouble in India
Evaluation gets tougher as companies battle uncertain macro conditions and automation.
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
Amid subdued demand for traditional information technology (IT) services offerings, Indian IT services players are betting on big data, as this is high on clients' agenda.
The idea is to create a start-up-like activity with a small business unit.
Move to keep pace with tech landscape; senior employees might be affected
Sharad Sharma, co-founder and governing council member at iSPIRT, on Tuesday admitted using anonymous accounts to troll on social media those who raised questions on Aadhaar and its applications by the government.
In IT, the two-way flow of investments and intellect has been central to the growing linkage, which provides a great opportunity for both nations to improve the quality of life of their citizens, says Raman Roy.
The Street is especially looking forward to the management commentary to get a sense of its new direction
RIM is expected to account for 43% of incremental IT services revenue growth
Vistara's growth and future funding requirement would hinge on how soon the government changes these rules.
Through these new hires and centres, Infosys will also focus on enhancing its play in new technology areas like artificial intelligence (AI), machine learning, user experience, cloud and big data.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
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