It's puzzling why Indian cos keep their acquired brands out of play.
Will Infy spring a surprise in subdued second quarter?
Fourth quarter earnings of blue-chips such as Infosys, TCS, Wipro, RIL and inflation data for March will dictate the trend on the bourses in a holiday-shortened week ahead, experts said.
Indian IT firms are learning to cope with the appreciating rupee, according to Pradeep Udhas, global head (sourcing advisory), KPMG.
RoHS-compliance is still at an awareness stage in India.
IT services firms would no longer focus on large volume hiring from campuses like they did at least two to three years ago, as demands of clients are changing.
Appreciating rupee against the dollar and fresh buying by domestic institutional investors added to the momentum
Major IT firms Dell, Intel, Aricent, HCL Technologies, Wipro, Lenovo, Nokia and Tulip Telecom, among others, have realised that "going green" is profitable business. Not only does it require a low initial investment but it also earns them brownie points for helping in reducing e-waste.
Tech stocks zoomed in the special trading session on Saturday on huge buying support.
HCL Technologies has to fine-tune strategies to improve performance in the March quarter.
This is part of the initiatives that the ministry is undertaking to use technology in order to make airport check-in seamless and formation of a no-fly list.
The company has also turned its attention to new markets such as Australia, China, Japan, West Asia, Canada, South America and Latin America.
Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
It's advantage for Indian companies like Infosys, Wipro and Tata Consultancy Services on the country's information technology services arena over their global peers including the giants like IBM and Accenture
Analysts say the impact on Indian entities would not be immediate
Currently, Deloitte, EY and KPMG with their associates work as statutory auditors of most of the top league domestic IT services firms. Owing to many alleged auditing lapses, the regulators have either imposed restrictions on the audit firms or are seeking to do so.
As he prepares to step down, Infosys chairman N R Narayana Murthy reflects on the company he built, the future of IT and the effects of globalization.
With organic growth slowing down due to the appreciating rupee and rising wages, Indian information technology companies have taken the acquisition route to add marketing muscle and win clients in Europe and the US.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
"Software patents are a killer for the economy in the end". It's natural to be surprised at this statement when most major global and Indian information technology firms -- right from IBM, Microsoft, Sun to Tata Consultancy Services, Infosys and Wipr
Rising wage costs, competition from countries like China, the impending withdrawal of tax incentives under the STPI scheme, the slowdown in the US and the rising rupee have all punctured the optimism of the IT industry.
Goa, which has failed to draw IT giants as they required huge land requirment, is attracting huge investments from several smaller companies.
Wipro chairman Azim Premji on Friday became the first Indian to receive the prestigious Faraday Medal from Institution of Electrical Engineers, the largest professional engineering society in Europe.
India's software industry mounts two-pronged campaign to tackle Trump administration. Ayan Pramanik & Karan Choudhury report.
'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.'
Investors can only look forward to healthier third and fourth quarter results given the $3 billion and $4billion revenue guidance of Infosys and TCS, respectively.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Concerto Software Inc, a contact centre solutions company with a sizeable business in India, has acquired CentreForce Technologies to expand its offerings.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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