Might end up with a smaller slice as more contracts get restructured, warn analysts.
Persistent, L&T Technology and TechM named among leading service providers
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Infosys has emerged as the fastest growing IT services brand following 52 per cent brand value growth since last year and 80 per cent since 2020 to $12.8 billion, earning it third spot, the brand valuation consultancy said in its latest Global 500 IT Services Ranking report. TCS and Infosys have pushed IBM to fourth spot from second. IBM's brand value now stands at $10.6 billion, a decline of 34 per cent from last year and 50 per cent since 2020.
Now sole contender as L&T Infotech quits race
While there has been an improvement in the overall demand environment, the other reason expected to trigger this growth is the absence of a bench strength in most companies
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The issue arose after TCS dismissed hundreds of employees in January 2015, leading to the formation of the IT Employees Wing supported by the NDLF.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The idea that technology and startups with newer business models will not disrupt traditional businesses has been thrown out the window.
Private lenders were among the top losers along with RIL.
The 30-share Sensex gained 271 points to end at 28,805 and the 50-share Nifty ended up 84 points at 8,712.
Sikka said since more and more of the work is now becoming automated, the Indian IT companies need to focus much more on the innovative areas and on the new areas.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
Software employees can opt for company-run programmes, online courses, boot camps to upgrade skills.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
Over the past year we have heard a lot about policy reforms to improve the ease of doing business in India.