The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Software services industry may have to relook its cost structure to maintain a higher margin.
Their plan to build a product portfolio will discourage global software vendors such as Oracle, Microsoft and Fidelity, among others, from building a strategic relationship with these big Indian IT firms, reports Debasis Mohapatra.
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.
Despite higher gross additions, growth in overall customer base has been tepid for these companies, says Debasis Mohapatra.
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.
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
Analysts are of the opinion that given the change in the business model, which is resulting in smaller deals spreading across the whole year, clients may be already renegotiating prices.
Gopinathan is aware of the challenges and opportunities that lie ahead.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
In July-Sept 2016-2017, TCS had missed street expectations with 7.8% growth in revenue.
At Infosys and Wipro, 8,200 roles have been impacted in six months.
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.
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
Sikka's regret over lack of strategic talk with clients hints at larger problem
Many of the passengers were bound for outstation areas like Itanagar, Dimapur and Aizwal, and were left with no option but to wait endlessly at airport premises.
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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