'Every time a new tech comes in, there are a set of people who will predict that this will be the end of Indian IT and every time the Indian IT industry and overall technology providers have proven to be resilient.'
IT services major Wipro is reconsidering a proposal of buy back of equity shares, said the company in a regulatory filing. A final decision on this will be taken during the board meeting to be held on April 26-27. The outcome of the board meeting will be communicated to the stock exchanges soon after conclusion on April 27.
The Biden administration has eased norms by releasing policy guidance on the eligibility criteria for those waiting for green cards to work and stay in America, days ahead of Prime Minister Narendra Modi's visit to the US.
TCS, Infosys and others are banking on automation to protect their turf in the US, but building a successful revenue model around it may prove difficult
The first killer provision in the Comprehensive Immigration Reform Bill is the ban on client site placement for H-1B workers.
The upcoming inaugural edition of the Global Chess League (GCL) will feature the sport's icons such as Viswanathan Anand, Magnus Carlsen, Hou Yifan and Ding Liren.
While speaking to the shutterbugs on the red carpet, the actress said, 'Nervous...I've always aspired to be here someday, and I can't believe I'm here.'
India's largest IT services player Tata Consultancy Services (TCS) saw its $2 billion, 10-year deal with Transamerica Life Insurance Company come to an end even before the period was over. Transamerica is the subsidiary of American arm of Dutch insurer Aegon NV. This is not the first time such a long-term deal has been called off. Earlier this year, UK's National Employment Savings Trust (NEST), ended a $1.8-billion deal with French IT services player Atos.
What started as a "low-cost support industry", is now a sector specialising in knowledge-intensive processes. Recognising the specialised skill sets built up by the Indian IT-BPO industry in new and emerging areas such as engineering services outsourcing, remote infrastructure management and animation and gaming, Nasscom has released focused research reports on the potential opportunity in these segments.
The new rules will bring down people's mobility and as a result flexibility in scaling businesses
The US Congress has imposed a special fee of up to $4,500 on the H-1B and L-1 visas.
Tata Consultancy Services (TCS) has become the first Indian company to exceed Rs 5 lakh crore in market capitalisation.
Rohan Bopanna revealed that he will bring curtains down on his Davis Cup career when the country hosts Morocco in September
As Nasdaq-listed company indicates poor spending in financial services space, Indian firms feel jittery
An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
Dubai is beckoning Indian IT companies to set up their bases with multifarious activities in its upcoming 'free zone' dedicated to the outsourcing industry. \n
'It is a sign of a bigger problem which is coming in the next six months.'
Investors are already factoring in the impact. The IT Index on the BSE exchange dipped 2.5 per cent, with Infosys, Wipro and TCS showing a decline.
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.
This revival in sentiments will be reflected in next year's IT budgets which can be expected to be better in terms of volumes and value.
'It's been a tough time as I was injured, playing after a year. My father got discharged from the ICU yesterday and he was in the hospital for the last 10 days and I did it for him, he would have been watching.'
We are optimistic about the Indian offshoring story gathering pace, but we feel the biggest beneficiaries will be companies that have proven execution capabilities.
Those on H-1B visas have to find a new job within 60 days or head back to India.
Being leaders in compensation and benefits, collective bargaining for wages is a non-issue in the industry.
Indian IT services major Infosys on Thursday announced that it will expand collaboration with tech giant Microsoft to drive enterprise cloud transformation globally. According to a statement, the extended strategic collaboration between Infosys and Microsoft is expected to benefit enterprises by bringing them the best of Infosys Cobalt cloud offerings and Microsoft's cloud computing technologies, led by Azure, across the business value-chain.
China poses the biggest challenge to India's IT outsourcing industry, which is expected to grow by an average 15 per cent over the next two years, according to the chief executive of India's biggest business processing outsourcer.
Indian software companies have a huge potential to grow. And investors are likely to reap advantages of the same.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Greece's financial crisis has intensified.
Hayden advises Team India to forget about outcome in WTC final
'Chasing sectors which have reported strongest earnings is not always the right strategy for outperformance.'
The January-March quarter results for FY2009 reflect the muted growth of Indian IT companies. A look at what lies in the future for the companies in this sector.
To attract people from tier-1 colleges IT services companies must increase payment to freshers: Mohandas Pai.
China and Mexico seem to be the target of Donald Trump's campaign and his response to get jobs back to America
Malaysia looks forward to utilise the expertise of Indian IT professionals even as the Malaysian construction industry is keen in offering its skills to India, especially in housing projects.
India has consistently asked China to open up its market for IT and pharmaceuticals.
Indian IT giants like TCS, Infosys and Wipro have decided to call back their employees from Bahrain.
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