With Democrats having an upper hand in US Congress, the Donald Trump administration will find it difficult to come up with any future legislative changes with regard to visa regulations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Leveraging next generation technologies like artificial intelligence, software services major Infosys is confident of returning to industry-leading growth and regaining its position as the bellwether of the over $100 billion Indian IT industry.
Tata Consultancy Services scrip ended the day 4.27 per cent higher at Rs 2,214.65 apiece on the BSE.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Most large companies have curbed their hiring plans in 2018-19 because they continue to invest in digital technologies.
The proposed campus will come up on around 125 acres, which the company will acquire from airport authorities, and would house as many as 3,000 employees.
As the government faces a difficult choice in keeping up with the rest of the world in AI development while making sure it does not add to unemployment, it has set up a task force to draw up a policy for the accelerated deployment of AI
Infosys announced acquisition of digital commerce company Kallidus for $120 million.
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
The greenback rose 9 percent against currencies.
'It is not that the H1B visa employees are coming in to displace jobs.'
Faced with a spate of senior-level exits, Infosys co-founder N R Narayana Murthy has written to employees to reassure them that the "leadership changes" will be in the "best interest" of the company.
Infosys, in April, had said that it will pay up to Rs 13,000 crore to shareholders during the current financial year through dividend and/or share buyback.
India's cash-rich promoters are not the same as the wealthiest. For example, Mukesh Ambani is the richest Indian based on his stake in Reliance Industries, followed by Premji, the Adani family of the Adani group, and Radhakishan Damani of Avenue Supermarts.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
'Employee first and customer second' continues to be a very strong philosophy of HCL.
Software services industry may have to relook its cost structure to maintain a higher margin.
India's second largest IT firm Infosys has extended the tenure of its chief Vishal Sikka by nearly two years till March 2021, saying his initiatives have helped the company move towards reclaiming its industry leadership position.
Here is a list of famous names from India as well as the world which are included.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
HCL Technologies is betting big on next-generation services and products that are likely to contribute 40 per cent of its revenues in 2-3 years.
Reliance improved its ranking this year to 121 from 142 last year, with a market value of $50.6 billion and assets worth $91.5 billion.
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.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery
Shares of Tata Consultancy Services on Wednesday plunged almost 4 per cent, wiping out about Rs 16,000 crore (Rs 160 billion) in investor wealth, after the IT major indicated to analysts that weak India business and lower working days could drag down March quarter growth rate.
After another profitable quarter, Anil Chanana, chief financial officer, HCL Technologies, tells Karan Choudhury that customer confidence is at an all-time high.
The device is a tablet that can transform into a full-fledged laptop with the blink of an eye.
Shares of IT companies were in focus with the Nifty IT and S&P BSE IT index gaining more than 2% in an otherwise lower market
SBI comes second and Bharti Airtel is third
AI, cloud computing, data analytics are a few areas companies are looking for proficiency in
IT sector replaces auto sector after a 6-month gap.
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
IT sector's trading multiples hit post-Lehman lows, providing good entry points.
The Mumbai-based brokerage has constructed India Family Firm Index out of listed companies.
Broader market outperformed the frontline indices and also hit their respective all-time highs
'The key is to keep the growth sustainable over a period of time.'
IT services market in the country grew at a slower pace of 7.4 per cent to Rs 22,826.2 crore ($ 3.76 billion) in the January-June 2014 period, mainly due to political and economic uncertainty amid Lok Sabha polls, research firm IDC said.
