The report further said that more experienced workers are paid better than less experienced ones
Some top Indian information technology firms such as Tata Consultancy Services, Satyam Computer and Polaris could feel the heat if Citigroup decides to sell part of its business or look for partners to tide over its losses.Analysts feel TCS' revenue might have an impact as Citi has signed an assured revenue agreement of $2.5 billion (Rs 12,500 crore) for a period of over nine years.
Sharath Kamal and Gnanasekaran Sathiyan was outsmarted by familiar foes Paul Drinkhall and Liam Pitchford of England in the men's doubles final at the Commonwealth Games in Birmingham on Sunday.
Bombay Stock Exchange-listed Zensar grew 23 per cent sequentially last quarter. Natarajan says a lot of growth will come from the increasing use of IT within Indian companies.
Top five vendors captured more than 50% of the total contract value.
Blame it on improved business climate, restructuring within companies or just the basic need to pursue better opportunities -- the Indian information technology industry is seeing heavy churn at the top.
The Union budget marks a watershed in the life of the Indian information technology services industry, akin to a family's coming of age rites of passage!
Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.
The final match against Ireland presents another opportunity to the younger players to show what they are capable of.
Information technology majors Infosys, Wipro and HCL have posted strong results, but analysts are still skeptical on whether the domestic IT industry will be able to sail through the US slowdown, maintaining its profitability and margins. The results of the three firms were in line with market expectations. Analysts believe that the company was able to post a positive result mainly because it has been successful in moving its incremental business out of the US to Europe.
A fiscal cliff refers to the simultaneous expiry of tax breaks and the introduction of spending cuts.
The dairy major is transforming into a full-fledged F&B and fast moving consumer goods (FMCG) player, reports Vinay Umarji.
US President Barack Obama's just concluded visit has helped in breaking myths and stereotyping of India as "stealing jobs", apex IT industry body Nasscom said.
Highlighting India's achievements in the field of information technology, Prime Minister Atal Bihari Vajpayee on Thursday suggested an "effective alliance" between India and China in the IT sector.
"It will be a potent combination of a weak economy and an election year," warned Nandan Nilekani, co-chairman of Bangalore-based Infosys Technologies.
The Indian information technology industry is relieved at the US Senate's decision to block the proposed 'Creating American Jobs and Ending Offshoring Act', that sought to offer a tax holiday for employers moving jobs to the US from abroad.
Around 30 Indian software professionals have left Malaysia, saying they were mistreated during a police raid, and scores more were preparing to go as well, Malaysia's opposition leader and the Indian ambassador said on Thursday.
But MNCs like IBM, Accenture, CSC and HP likely to get affected more.
Indian IT firms have been announcing incremental increase in billing rates for quite some time now to counter wage hikes and rising visa costs, to name a few.
A Green Card, known officially as a permanent resident card, is a document issued to immigrants as evidence that the bearer has been granted the privilege of residing permanently in the US.
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.
Shares of Indian software majors have plunged into red on news that BP would cut its spend on information technology.
They gave speeches. They sang. They raised slogans. They wore Ukrainian costumes. Ukraine Zindabad!
IT campuses have taken the drudgery out of the work environment, finds Priyanka Joshi, as she peeps into facilities across Bangalore, Gurgaon and Mumbai
IT companies have weathered the appreciating rupee in their December 2006 results and are poised for strong growth this quarter.
Mumbai Indians's record signing Ishan Kishan has registered scores of 14, 26, 3, 13, 0 and 8 in his last six innings at a lowly strike rate of 62.
The Durbin-Grassley Bill might have fallen through but large Indian information technology service providers are taking no more chance of being seen as job snatchers in the US.
Indian information technology companies are eyeing the $10-billion medium multi-role combat aircraft deal, up for grabs from the Indian Air Force.Of this, about $1-1.5 billion (Rs 4,600-6,900 crore) is the size of the total IT integrated services pie, that would include engineering services and IT services, said industry sources.Six global vendors -- Boeing, Lockheed Martin, Mirage, Russian Aircraft Corp's MiG, Saab and Eurocopter -- have been shortlisted.
The Harvard Business School students will soon learn case studies based on success stories from India Inc.
The chances that US President Obama will achieve a near-universal healthcare system have dramatically improved after a lone Republican, Senator Olympia Snowe of Maine, prepared to vote with Democrats for a compromise proposal. This gives Obama a much better chance of achieving the 60 votes he needs to pass a Bill in the Senate.
Why hasn't India produced a single earth-shaking idea like Python or the World Wide Web, asks Ajit Balakrishnan.
Sikka's remuneration will likely be comparable to CEOs of global giants like IBM and HP.
India's business process outsourcing industry will soon be edged out by the emerging knowledge processing or KPO sector as the biggest revenue grosser, according to an industry expert.
BSE benchmark Sensex plummeted over 388 points to close at 58,576.37 on Tuesday, tracking weakness in index majors Wipro, RIL and Bharti Airtel amid a weak trend in global markets. Investors also remained cautious ahead of crucial macroeconomic data announcements -- industrial production for February and inflation rate for March -- post trading hours. The Sensex declined 388.20 points or 0.66 per cent to settle at 58,576.37. During the day, the benchmark tanked 666 points or 1.12 per cent to 58,298.57.
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