Raises offer 8.3 per cent; Infosys says it is 'considering its position'.
Vibhor Sen tells Divya Nair/Rediff.com about the struggles he faced before he finally accepted his sexuality.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
The companies include Larsen & Toubro, Hindustan Unilever, Infosys, TCS and Sun Pharma
The figure is expected to rise to over Rs 4,600 crore (Rs 46 billion) by 2010 - a compounded annual growth rate of 44 per cent. Retail has been one of the largest growth sectors for all the top IT firms. For instance, Tata Consultancy Services, Infosys Technologies, Wipro Technologies and Satyam Computer Services saw their retail business grow by 33.6, 45.3, 38.5 and 117 per cent respectively on a year-on-year basis.
The Bangalore police on Saturday arrested five people in connection with the alleged gang-rape of a 21-year old student of the National Law School in the Bangalore University campus. The second-year student, who stays in the university hostel, said the incident took place when she had gone out with her boy-friend, who works with an IT firm.
A 29-year-old Indian IT analyst died on Thursday after allegedly falling from the balcony of the third floor of an apartment in Sydney.
Mark-to-market losses due to the unexpected fall of the rupee against the US dollar, euro and pound; the impact of wage increases in the first quarter; a stagnant global economy; and margin pressure owing to inflation are expected to impact the rupee-term fortunes of Indian IT firms that will declare their quarterly results for the April-June 30 quarter beginning this week.
In New York market, the dollar had slipped against the euro on Friday.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Shares of Tata Consultancy Services (TCS) fell by 4 per cent on worries that growth may be muted.
Weak dollar against other currencies overseas supported the rupee
As per the procedure of World Trade Organisation, consultation is the first stage of a complaint filed with the global trade body.
Pakistan Army on Wednesday withdrew a tweet that had rattled the civilian government over a media report about a rift between them over combating militancy in the country.
Recruitment from colleges should be done and local people be trained to add value to Indian companies, said Murthy.
IT firm Mahindra Satyam on Tuesday reported a 16.65 per cent jump in its net profit at Rs 277.93 crore (Rs 2.77 billion) for the quarter ended September 30, 2012.
The legislation aims at eliminating a country-by-country cap on visas offered to skilled workers for obtaining a green card.
IT firm HCL Technologies on Wednesday posted 78.1 per cent jump in net profit at Rs 884.8 crore (Rs 8.84 billion) for the first quarter ended September 30.
Sixteen major contracts worth nearly $14 billion to be renewed by June 2018 but uncertainty looms large.
Encouraged by their progress, many small IT firms are now exploring tier-III cities such as Udupi, Manipal, Hubli and Belgaum in Karnataka, Kozhikode in Kerala, Tirunelveli in Tamil Nadu, Jaipur in Rajasthan, and Durgapur and Kharagpur in West Bengal.
TCS completed its highest ever hiring of over 90,000 new employees globally during the year.
In this scenario, the Indian information technology industry and government have two distinct items on the agenda before them.
Also looks at setting up development and training centres in the US to tide over visa-related issues
Ruling comes at a time when IT firms have signed multi-million dollar deals with telecom firms.
The domestic currency had ended 12 paise lower at Rs 55.80 against the dollar in Thursday's trade on fresh dollar demand from banks and importers amid a rise in May inflation.
Most Indian IT firms, including TCS, Wipro, Infosys, Mindtree, Infotech and Sasken, which started their operations in the region with a small base, have expanded their base fast.
Sikka's regret over lack of strategic talk with clients hints at larger problem
Investors took comfort from Finance Minister Arun Jaitley's statement, who underlined the need to have globally compatible tax rates to broad-base the economy
Balvinder, an electronics engineer who worked in Bengaluru, was reportedly depressed after he failed to crack the civil service exams, which led to him having an argument with his parents and, in a fit of rage, removed his sword and stabbed his father in the head and mother in the abdomen.
Useful tips on how to make a great career in the IT and BPO sector.
While the framework of service delivery and client-focused approach remains unchanged, Nilekani's suggestions, of taking start-ups with newer technologies to clients, are being implemented.
Employees are increasingly becoming more active and vocal for solving everyday issues as well.
Employees are increasingly becoming more active and vocal for solving everyday issues as well.
The rupee shed 6 paise to hit a fresh 1-month low of 62.31 on Thursday.
The single greatest empowerment to our economic growth as we continue to move towards three per cent or four per cent GDP growth will be the resources that we need to fill hi-tech jobs, advanced degrees, advanced analytics, science and research: Senator Thom Tillis.
Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore (Rs 3 billion) contract for government's national identity card programme, Aadhaar.
"We are going to add 35,000 more people next year, which includes 13,000 people for the BPO operations," Infosys Member of the Board and Chief Financial Officer V Balakrishnan said.
The BSE Mid-Cap index was currently up 0.81%.
The Hyderabad-based company had posted a net loss of Rs 327 crore (Rs 3.27 billion) in the January-March period of 2011.
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