Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
Bhavin and Divyank Turakhia remain as committed as ever to incubating start-ups despite selling their firm for $900 mn
US software major Cognizant Technology Solutions will invest $ 35 million in India to expand its infrastructure and development centres.
"We are looking at setting up a near shore delivery centre in either in Europe or the US or both. We would also set up a centre in China to service global orders," Progeon managing director and CEO Akshaya Bhargava said.
They are asking TRAI to reject the plan in the interest of protecting the citizens' right to use Internet
Digitisation and automation key challenges to business model
The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.
Evaluation gets tougher as companies battle uncertain macro conditions and automation.
The Indian manufacturing sector has the potential to emerge as the global hub, especially on account of its skilled manpower, advanced technology and software expertise.
Wipro chairman Azim Premji has projected IT software and IT-enabled services exports to touch $19-20 billion this fiscal.
The government has prepared a draft of the Data Protection Act, which would help protect data and confidentiality of businesses in the country, a top official of the information technology department said on Thursday.
Indian software and services exports achieved 25 per cent growth during the fiscal year 2002-03, touching a revenue of $9.5 billion.
Analysts say the impact on Indian entities would not be immediate
China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America
'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'
Bruce Chizen, the chief executive of publishing software maker Adobe Software, is visiting India from Tuesday to take stock of the company's operations here and to interact with customers.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
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.
India's value proposition and overall shift towards offshore information technology and IT-enabled services will lead to an annual growth rate of 35 per cent in the sector.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
Modest growth projections hits IT sector.
Nasscom President R Chandrashekhar discusses the ramifications of Trump's 'Buy American-hire American' agenda with Raghu Krishnan.
This provides for H-1B extensions beyond the 6-year limit.
While Dell has grown its business quite rapidly in India, one needs to be used to the ups and downs in the market place in the country, said the chief executive.
According to Nasscom estimates, Rs 900 crore in revenue was lost in 1999-2000, Rs 1200 crore in 2000-01 and Rs 1700 crore.
H-1B visa is a non-immigrant visa, which allows US employers to temporarily employ foreign workers in speciality occupations
While the first wave of moving work to India was driven by cost considerations, increasingly companies are banking on local talent to add value to their business by jointly developing products and solutions.
Infosys continues to be interested in acquisitions.
Move to keep pace with tech landscape; senior employees might be affected
Did you know that India is among the top five countries in food processing?
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
The company is the third largest employer among foreign IT companies in the country, after Accenture and IBM
The challenges before the IT industry are many and its response over the coming months will shape the future of what has been one of the most vibrant value-creating and livelihood-enabling sectors.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
German Chancellor Angela Merkel is on a three-day visit to India.
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 guidance is expected to spell out what constitutes specialised skill
Vetting by inter-ministerial board removed for benefits under Startup India Action Plan
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances