Trouble started brewing after Cognizant announced that Ravi Kumar, former Infosys president, would take over as the Nasdaq-listed company's CEO.
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
The US president's stance on immigration could lead to a change in H1B visa rules.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Indian IT major HCL Technologies will provide training for three months to 100 students each in its Lucknow and Madurai campuses.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
Firm's dented image following Sikka's exit could bring down revenues in the margin rich US market and force Infy to hire fewer Americans, as hiring locals in developed markets comes at a cost.
In the last couple of months, the IT and BPO space has seen a big uptick in M&A activities, with companies merging with other entities to become bigger players.
TCS plans to build ignio as a standalone company.
Software services industry may have to relook its cost structure to maintain a higher margin.
At Infosys and Wipro, 8,200 roles have been impacted in six months.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two factors are giving rise to large deals coming up in the market with a lot of strings attached.
Gopinathan is aware of the challenges and opportunities that lie ahead.
ignio has more than 75 patents filed in the artificial intelligence, machine-learning and intelligent-automation space
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
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