Unprecedented pay and perks like free healthcare for in-laws helping the likes of Flipkart, Snapdeal tap talent
Some of the world's wealthiest Indian billionaires, such steel magnate Lakshmi Mittal and mining and metals tycoon Anil Agarwal, are based in London.
Minnaminnikkoottam, the latest Kamal film with the ensemble cast of youngsters set against an IT industry backdrop, fails to involve us.
IIT Bangalore invites applications for 2008 M Tech programmes
National Association of Software and Services Companies has raised the issue of lack of employability of engineering graduates in IT and IT enabled Services sectors, Minister of State for Human Resources Development D Purandeswari said in a written reply to the Lok Sabha.
The Reserve Bank of India on Monday said that despite an improvement in the operating environment, performance of the manufacturing sector is expected to be lower in the April-June 2008 quarter (Q1) compared with that in the same period of 2007.
'I did not bother to collect my diploma certificate because the course was a waste of time and more or less useless. It would be instructive for me to describe it because manufacturing is seen as the way out for India's great unemployment problem. It is? I do not think so,' says Aakar Patel.
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.
He is truly fascinated with advances in science related to computing. And he has a good eye for seeing how those advances can be integrated together in powerful ways in a combination of software and hardware, says Steve Hamm.
"There is a great deal of similarity between the advertising industry and the IT industry. One of them is that they both provide services," Kiran Karnik, former president of Nasscom, said during his address on the first day of Goafest 2008, the three-day meeting of the advertising industry.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
The projected fall has been attributed to the US economic slowdown and the rise in international oil prices. Accordingly, the industry growth has been pegged at around 24 per cent for FY09. In FY08, total revenues including hardware were $48 billion which are expected to touch $64 billion in FY09. The total software and services revenue was $39.5 billion in FY08 and expected to touch $52 billion in FY09.
Microsoft, which is usually at the receiving end of patent suits, has filed an infringement case against Primax Electronics of Taiwan for using its mouse technology.
There are reasons to doubt Gadkari's words.
After three years of strong growth, top 20 IT companies in India, a majority of them engaged in IT services exports, recorded a revenue growth of 24 per cent in 2007-08, recording a sharp drop from 41 per cent in the previous financial year, according to a survey.
The industry employs about 10 million workforce.
Advances in technology could render much of the Indian IT services industry obsolete.
The growth rate might come down by six per cent due to the competition besides economic uncertainty and lesser IT spends by the US, Nasscom President Som Mittal said. "A recent survey by Nasscom revealed the industry grew by 28 to 29 per cent in the last few years but our forecast is that it will go down to 22 to 24 per cent," he said while releasing the survey earlier this week.
In a major consolidation in the domestic IT industry, MindTree, a listed IT services company, will acquire Aztecsoft, another listed outsourcing product development firm. MindTree, which has bought four companies in the last eight years, will acquire 32.57 per cent stake in Aztecsoft from e4e Holdings, Mauritius, in an all cash deal for around Rs 117 crore (Rs 1.17 billion).
Hindalco is currently one of the frontrunners in the coal auction
TCS has received permission to invest $1 mn in Thailand.
Will help entrepreneurs collaborate and develop a culture of innovation in the country.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
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.
Here's why a career in digital marketing in 2015 will be very lucrative.
IT industry body Nasscom announced on Wednesday forming a panel of experts to help budding entrepreneurs build strong software companies.
India has made it clear that it will not relinquish the leverage on agriculture and NAMA until a services deal is finalised by the WTO.
The predictions that Gartner has made for the year 2008 focus on general technology areas rather than on specific industries or roles.
With a gradual erosion in valuation of mid- and small-sized IT and IT enabled services firms on the stock markets due to rupee fluctuations and a US slowdown, experts estimate as much as 50 per cent rise in merger and acquisition deals in the domestic IT industry over the next 12 months.
To encourage innovation, IT industry body Nasscom and ICICI Knowledge Park are setting up a $25 million venture capital fund to help startups that are in the intellectual property space. The fund -- to be registered with market regulator Sebi -- will look after the brick-and-mortar costs of startups.
TCS is fastest growing software brand in the world.
Ever wondered why you were sidelined and your colleague got that promotion at work? Perhaps you should know how to 'fit in' at your work to and win the heart of your seniors.
Balakrishnan said Nasscom had predicted that impact on jobs due to non-extension of STPI scheme might result in loss of 400,000 jobs in three to four years.
Among the other demands in its pre-Budget Memorandum 2008, the IT industry body has also suggested broadening the eligibility criteria for the large tax payer unit scheme, foreign tax credits, advance pricing agreements to provide upfront tax certainty, and refund of service tax paid on services utilised for export of computer software and BPO services.
Holding the Centre responsible for putting Gujarat in a tricky situation, state Petrochemicals Minister Saurabh Patel on Monday informed the Assembly that with the scrapping of gas purchase agreements, Gujarat would not be able to get gas from April this year.
'Dreaming Big for success will never be something that only our pioneering entrepreneurs needed to do in their days. Some aspects of entrepreneurship may change and ease up, but never Dreaming Big,' says Mohit Goyal of the Indian Angel Network.
IBM plans to increase its investments in its two software laboratories in Pune and Bangalore as part of its $1.5 billion security initiative in 2008, announced on November 1.
Union Minister for Communications and Information Technology, A Raja on Wednesday assured that the Indian IT sector that the ministry was doing its best to convince the government that the Software Technology Parks of India (STPI) scheme should be extended beyond 2009.
The slowdown of the US economy and the appreciating rupee hardly have any affect on the India's IT sector. The IT industry is poised to grow at 33 per cent growth in the fiscal year 2008 and is on target to emerge as a $75 billion sector by 2010, Nasscom said on Monday.
The India information technology industry, including exports and domestic market and semiconductor industry, is gaining traction despite challenges, said Azim H Premji, chairman, Wipro, at the third Freescale Technology Forum in Bangalore on Monday.
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