Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
The past few weeks have seen several hundred people let go of by IT services firms joining unions claiming to represent tech workers fighting for their rights.
ONGC was the top performer while private banking major ICICI Bank extended gains
Software services industry may have to relook its cost structure to maintain a higher margin.
TCS is tapping an emerging opportunity called IT modernisation, which potentially could be a growth driver for the entire IT services industry for the next two to three years, says Raghu Krishnan.
Wipro makes it to the up-and-coming companies with potential to join the top 50 list.
Money managers have turned cautious about the technology space.
Mid- and small-cap companies seem to have done better than top-tier companies
Infosys continues to be interested in acquisitions.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
TCS moved into new markets like France, Japan thanks to acquisitions.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Possibility of higher growth and relatively cheaper valuations makes Street more positive on Infosys, says Sheetal Agarwal.
Tata Consultancy Services (TCS) on Thursday reported an 8.4 per cent rise in consolidated net profit to Rs 6,586 crore for the second quarter ended September 30 and said uncertainties in environment had resulted in holdbacks in discretionary spend by customers.
The carrier planned to bring in a plane a month from March to build a fleet of at least 10 jets by the end of the year.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
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The Tata Group says it is bullish on investment in India.
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
This analysis is based on the quarterly earnings for 724 companies.
The S&P BSE Sensex dropped 207 points to end at 25,230.
NRIs are increasingly buying properties in India online.
While retail sales at dealerships have suffered the full impact of demonetisation, the growth in wholesale volumes comes as dealers had relatively lower inventory after Diwali in October.
The company hires postgraduate and PhD students from A+ grade institutes to be part of its research team.
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
India improved its rank on six out of the 10 parameters relating to starting and doing business in a country.
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Maruti Suzuki remains India's most influential auto brand.
Experts attribute the high valuation of Indian auto makers to the faster growth in India compared to the rest of the world.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
TCS said FY15 will be a better year in terms of top line growth and the deal pipeline remains strong
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Through these new hires and centres, Infosys will also focus on enhancing its play in new technology areas like artificial intelligence (AI), machine learning, user experience, cloud and big data.
Move to keep pace with tech landscape; senior employees might be affected
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
Investors engaged in profit booking in the recent gainers at attractive and higher valuations.
