In offices of IT companies across Britain, Indian employees congregate often to discuss the latest news about Satyam, and try to figure out how the fate of the IT giant will affect them professionally. Many of them described Satyam's fall as no less than an 'earthquake'.
The catchwords today are digital, analytics, robotics.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
External Affairs Ministry spokesperson Arindam Bagchi said India hopes to evacuate its citizens from Kharkiv and Pisochyn in the next few hours.
The results of Indian IT services players in the just-concluded fourth quarter of 2021-22 are expected to reveal continuing growth momentum as demand surges on the back of digital transformations and the cloud shift, but analysts anticipate margins to be under pressure due to supply challenges. Analysts covering the sector expect revenue commentary should be strong despite the Russia-Ukraine conflict and inflation. Top-line growth will be driven by broad-based demand with a strong uptick for cloud, digital, cybersecurity, data analytics, and artificial intelligence, among other services.
As Americans fret about cheap labour abroad, the real issue has become not one of lower price but quality and scale - India is on the move to outmaneuver its US competitors on a stunning array of fronts, says a new book.
'We spent considerable time re-skilling all the employees, and then we created a new focus called the 'One Infosys'.'
The market will be worth $10.2 billion in 2013 from an estimated $9.1 billion in 2012. As companies grow in size and scale, the market is likely to see larger IT services deals.
It has taken a pandemic to move the needle on the salary packages for greenhorn engineers hired by the Indian IT services sector. The country's third-largest IT services player, HCL Technologies, has decided to boost the entry-level packages from Rs 3-3.6 lakh to Rs 4.25 lakh for FY23, in a bid to attract fresh talent and keep them for longer to counter the impact of rising attrition. This new package would also be applicable to those freshers who joined the firm in FY22.
Let us see what 2004 might have in store for three software services majors -- Infosys, Wipro and Satyam.
The Indian information technology services industry is poised to touch $10.73 billion by 2011, predicts research firm Gartner
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
The seeds of India's rise as a global powerhouse in information technology were sown way back in 1947.
Leading Indian and global information technology firms such as Tata Consultancy Services (TCS), Cognizant Technology Solutions, IBM, Satyam Computer Services and Wipro top the list of L visa users for the financial year 2006-07.
South Africa captain Temba Bavuma said they are mulling over whether to select a specialist batsman or all-rounder at number six for the opening one-day international against India on Wednesday.
The slowdown in the US economy along with domestic factors like service tax on leased and rented premises and imposition of minimum alternate tax may impact revenues and earning growth rates of all major IT companies of India.
"The global macroeconomic environment is still uncertain. It is and should be a concern for the IT industry," said the Infosys CEO and Managing Director S D Shibulal said.
Both enter finals in Singles of the Swiss Open
Might end up with a smaller slice as more contracts get restructured, warn analysts.
The information technology and IT-enabled services sectors are expected to grow 12-14 per cent and clock export revenues of $84-87 billion in the next fiscal, industry body Nasscom said.
Adverse economic and political conditions in the US and rising costs could see margins drop for the IT biggies.
It stands for technology that helps an organisation to place its applications and data on the Internet.
Vidyut Jammwal's reality show is certainly worth a watch, observes Namrata Thakker.
In 1989 when Bajaj came out with their legendary and elegant Hamara Bajaj campaign, that looked more at apna India, rather than the scooter, and at all hues of scootered Indians, it drew millions of eyeballs and was brilliantly successful.
The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,197 crore a year ago, a regulatory filing said. Infosys' revenue grew 22.9 per cent to Rs 31,867 crore in the quarter ended December 2021 from Rs 25,927 crore in the year-ago period, it added.
From light-hearted comedies to medical dramas to stories set in the heartland, there's something for everyone.
In what can be good news for hundreds of Indian IT professionals seeking the H-1B work visa, the US' immigration agency has decided to conduct a rare second lottery for the most sought-after visas to decide on the successful applicants who could not make it in the first random selection. The US Citizenship and Immigration Services (USCIS) said on Thursday that a decision was taken after determining that the computerised draw of lots for H-1B visas conducted early this year did not give them enough numbers of the Congressional mandated H-1B visas. The H-1B visa, the most sought-after among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
... and I learn more about economic trends than from books, says Ajit Balakrishnan.
Two influential US Senators have renewed the campaign against the biggest users of H-1B visa workers in the US, including Indian heavyweights Infosys, Wipro, Satyam and Tata Consultancy Services. They fired off a missive to these companies asking how they employed professional and skilled workers, majority of whom hail from India.