The calculation excludes cross-holding of listed group cos in each other.
To increase focus on hiring people from diverse skillset
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
Infosys, however, feels the high level of cash is an important tool to weather tough times.
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
Stamp of approval on CEO's strategy and long-term goal for the company
Banking and telecom will see the highest impact of this transition.
Market cap touches Rs 5 lakh crore; earnings growth to spurt in FY19
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
Chief Minister Jayalalithaa announces Rs 4 lakh compensation for the kin of dead.
The Street is especially looking forward to the management commentary to get a sense of its new direction
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
HR Guru Mayank Rautela offers practical advice.
Markets end higher ahead of Fed outcome, China stimulus
Even as government projects aren't lucrative from a revenue perspective, companies fight with each other to bag the contracts
The court has also questioned Epic's assumption that Tata Consultacy Services used the information for the creation of a competitive product
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Wipro has a good brand because of the trust and quality it enjoys globally.
Elliott Capital's letter to Cognizant, detailing how the latter can reinvent itself, has many lessons for its India-listed peers like TCS and Infosys, says Akash Prakash.
'At any given point in time, we expect only 25 per cent of our workforce will need to be in office.' 'And any given person will only be required to spend only 25 per cent of their time in office.'
CMC has strong presence in the domestic market. It certainly compliments TCS.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
Considering the June quarter numbers have been softer, as compared to the past quarters, and the overall macro environment is yet again under a cloud, Indian IT services should seriously look at the new normal
Sales expansion also down 4.4%
The talent gap in the industry is huge, says N Chandrasekaran, MD & CEO, TCS.
The referendum will have long-term implications for Indian companies, which earn a substantial portion of revenue from the region.
'We are at a time and position that we do not need higher number of visas.'
Foreign investors are betting top dollar on the country as growth is likely to recover at a time when other emerging markets are battling macroeconomic adjustments.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
RBI must balance the need for improving domestic bank credit demand and respond to lower inflation.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
'The problem is not the performance under Vishal Sikka, but the quality of Infy's board of directors, argues Debashis Basu.
HR Guru Mayank Rautela offers practical advice.
The Ebitda margin, too, was lower than the expected 29.1 per cent.
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