Specialised information security manpower will become a major requirement for the Indian IT sector with the demand for such professionals projected to rise to 77,000 in 2008 from 18,000 at present, Nasscom said.
With the Finance Minister deciding against holding pre-Budget meetings this year, this series tries to look at what leading businessmen, economists and politicians wanted to tell the minister
Accounting for a meagre 0.2 per cent of the global sales in 2002, India's software product revenue in 2002-03 touched Rs 1,000 crore (Rs 10 billion) with exports accounting for 60 per cent, according to Nasscom Strategic Review 2004.
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.
Trading sentiment remained distinctly weak due to the cash crunch arising out of the government's move to demonetise Rs 500 and Rs 1,000 notes to flush out black money amid concerns about its impact on small and medium-sized businesses which largely run on cash.
Did you know that India is among the top five countries in food processing?
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.
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.
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
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.
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'
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.
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.
Most positives seem to be factored into current valuations.
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.
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.
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
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.
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
'There is large-scale sacking, and salaries in smaller companies are lower than the minimum wages of Rs 18,000 a month.'
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.
Move to keep pace with tech landscape; senior employees might be affected
The idea is to create a start-up-like activity with a small business unit.
The Street is especially looking forward to the management commentary to get a sense of its new direction
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