Over two dozen companies have announced bonus issue so far in 2017
India must diversify its services trade away from low-cost programming if it is to remain an IT-enabled hub.
Ten billionaires including Mukesh Ambani, Sunil Mittal are in the world's richest list.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
Fascinating stories of how 30 famous companies got their names.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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
Indian IT majors may have tightened their belts in various areas to contain costs as a fallout of the global economic slowdown. But most of them see continuing value when it comes to employee training, even though it skims crores (tens of millions) of rupees off their top-lines.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
They have increased their holdings in Infosys Technologies, TCS and Wipro between two and four per cent, going by the shareholding data for the quarter ended December 31, 2007.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
He will be responsible for developing and delivering end-to-end IT services and business solutions for global corporations, state and local governments.
Last year in the same quarter, Cognizant had toppled Wipro as the third largest software exporter in India.
Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report.
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
Their fears were not unfounded, since the average salary increases of information technology professionals was down to 1.4 per cent for 2009.
Infosys, TCS, Wipro, Cognizant and Satyam and Bharti Tele-Ventures figure in the elite list.
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
And it's not an IIT graduate who's bagged it, report Gireesh Babu & Vinay Umarji.
'Azim Premji has given away about one-and-a-half lakh crore rupees of his wealth.' 'Most of us will not even know what that sum actually means.' 'To put it into context, it can fund India's health budget and education budget,' points out Aakar Patel.
Partly an answer to downturn, political pressure; trend should shift again, say analysts.
"Critical data which has to be resided in India is an important component that needs to be clarified, as this will be arguably uncovered on an ad hoc basis as we move forward."
Industry experts are of the opinion that the spurt in recruitment happened as IT services firms went aggressive on hiring in anticipation of a strong demand environment.
Hackers attempted to break into different websites of Andhra Pradesh Government departments on Monday even as a security audit was being conducted at the State Data Centre maintained by Wipro.
The Wipro's office on Hosur Road was completely flooded and the company said it has made arrangements for the employees to work in its other offices in the city.
The catchwords today are digital, analytics, robotics.
Indian IT firms have piled up net cash in excess of Rs 20,000 crore
Happiest Minds expects revenue to touch $100 mn in 3 years, the fastest in India's tech services sector.
Infosys Technologies' fourth-quarter results have been poorly received. The bellwether stock has taken a severe beating, bringing the markets down with it.
Despite wage hikes, an appreciating rupee, and fewer working days nibbling at their profit margins during the quarter ended December 31, 2007, the five IT majors Tata Consultancy Services (TCS), Infosys Technologies, Wipro, Satyam Computer Services and HCL Technologies posted revenue and net profit figures that were in line with market expectations.
Auto major plans to cut technology outsourcing from 90 to 10 per #162 TCS, Wipro, others could be at receiving end
With prominent Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys Technologies, Zensar Technologies and Satyam Computer Services increasing their presence in Japan, the world's second largest IT services market is becoming a lucrative market for India.
Tepid growth in verticals like banking and finance, healthcare, retail and automotive will drag overall IT spends in the current year, reports Debasis Mohapatra.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
Wipro rose the most, up 3.12 per cent, ahead of its board meeting to discuss buyback of shares.
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