A 150 basis points fall in realisations too weighed on the top-line.
Speaking at a fireside chat with Microsoft CEO Satya Nadella, he said the big change driving this transformation was the deepening of mobile networks which were working at a much faster pace than before.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
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.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
IT companies have, in recent times, re-invested gains arising from a weaker rupee.
.jpg)
India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The challenge before TCS is to be totally at home with the IPR regime of developed economies.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
The analysis is based on the free-float market capitalisation.
50-odd biz leaders are part of Modi's entourage for the 3-nation tour
Revenue from its IT services business rose 9 percent to $1.86 billion.
The Confederation of Indian Industry will organise a round table on investment.
The rise in India Inc's market value was led by asset-light firms.
Five of the 12 BSE sectoral indices ended at 52-week highs; the oil and gas index zoomed by nearly 5%.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
According to experts, while allegations against Indian IT firms of visa misuse are nothing new, this time the scrutiny could be much greater.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Only double-income households can buy flats in India's top 8 cities, except Mumbai
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
.jpg)
The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
.jpg)
Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
For the past five months, ever since he was appointed the Ayushman CEO, Indu Bhushan, a former bureaucrat, has made Nirman Bhawan his second home, working nine to nine with his "dedicated team" on the Modi government's biggest initiative after the Goods and Services Tax, says Nivedita Mookerji.
Recently, when TCS laid off a handful of employees, prominent trade unions rushed to offer their support to workers who had lost their jobs.
The companies experienced a drop of 5,436 approved petitions (37 per cent) in 2016 as compared to previous year, a report by the National Foundation for American Policy, a Washington-based non-profit think-tank, said.
144 companies will pay Rs 61,087 crore in equity dividends to their shareholders for FY16, an increase of 19.2 per cent year-on-year
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Sales expansion also down 4.4%
World trade has been growing slower than world GDP since 2012.
IT companies account for a third of the entire dividend pot this year
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
'The biggest struggles are in the human mind.'
Gamification has the potential to trigger immediate positive responses to learning that an organisation wishes to impart.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances