"The fact that there may be a slowdown in the US means people will become much more concerned over better value for money. . . we could look at it as an opportunity," Infosys chief mentor N R Narayana Murthy said.
The concerns were legitimate as unlike the IT industry, more than 90 per cent of the cost of BPOs is in rupees while earnings are in dollars. However, the firms have managed well by focusing on increasing productivity, enhancing employee utilisation, increasing billing rates and effecting better management strategies.
Consolidated revenues grew by 13.4% at Rs 9,283 crore.
Uttar Pradesh government has awarded the project to Vamasundari Investments, the investment arm of HCL
Indian IT professionals are second to none in terms of hard work, desire to learn, and intelligence
India's IT services sector witnessed 4.2 per cent growth in 2012-13.
In the looking glass world of India's governance, banning something is a good way to promote it
The IT industry dismisses a certain type of announcement as "vapourware". This is a product or application hyped as possessing huge potential. Only, it is due to be launched many months or years later. Despite the apparently ludicrous nature of 'vapourware', it can drive up valuations. Somebody somewhere will buy stock on the news.
The Blue Card plan, if passed, would allow suitably qualified people and their families to live and work within the EU. The EU says it needs 20 million skilled workers over the next two decades and is very short of expertise in engineering and computer technology.
While, a job as a software engineer looks very lucrative at first glance, once you get into the industry, you realise that it is not just your technical skills that will keep you in the race. Soft skills or people skills will decide how fast and well you climb the ladder of success.
Lower IT exports will raise India's dependence on capital flows to fund imports.
IT and ITeS sectors' contribution to India's GDP has increased by 4 times in the last 10 years, revealed a study.
"I have always felt that the true value of SEZs must be judged by the extent to which they help promote labour-intensive manufacturing," Minister of State for Commerce Jairam Ramesh said on Wednesday.
The herculean effort and complexity involved in getting IT-BPO employees and employers to register - coupled with the high costs incurred in the process - is likely to force IT industry body Nasscom to miss its March 2008 target of 500,000 registrations for its National Skills Registry (NSR) by a huge margin.
Unlike IT services companies, which require a large workforce, an average semiconductor design firm needs 150 engineers
Such IT shakhas are slowly growing in popularity in Bangalore and it is clear that the message is being spread far and wide. The RSS says that it is impressed with the response it has got so far and this has prompted them to open up similar shakhas both in Pune and Hyderabad where many IT companies are based.
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India's export-oriented information technology outsourcing industry is perhaps more optimistic today about growth prospects than it was in the past five years.
There are about 2 million eligible Indian origin people that can vote.
In an hour-long chat on rediff.com, one of India's most respected CEOs talks about leadership, the vision he has for the company, the impact of the rupee, et cetera.
The finishing schools aim to train students from the tier-II and tier-III institutions who aspire for IT jobs and don't get it.
Hewlett-Packard (HP) bagged the top spot, both in terms of factory revenues as well as unit shipments during the second quarter of the year, followed by IBM.
Infosys chief executive officer Kris Gopalakrishnan said that the industry would figure out a way to withstand the challenge posed by the rapid change in the value of the rupee.
Greaves Cotton, for instance, has converted half its holding into commercial real estate (a multiplex) while Elpro plans to follow suit by developing half its 37-acre land at Chinchwad.
Thirumanam Enum Nikkah fails to live up to expectation despite the good performance by both Jai and Nazriya.
In a long e-mail interview, Infosys Co-Chairman Nandan Nilekani speaks about his new post, his company's future, his dreams and aspirations.
The rising rupee has become a major cause for concern among software exports firms. The IT industry, especially tier-II firms, which are not adequately hedged, will take a hit.
'Investors see India picking up again after years of slack'.
The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.
Sidharth Narayanan who has spent 15 years in the IT industry, shares his insights from his personal experiences.
Among a pack of product-based IT companies, Take Solutions appears reasonably priced.
After middle and senior level foreigners making it to India it is now the turn of professionals who are at the beginning of their career to flock to the country, as the work environment throws them a huge challenge, both professional as well as personal.
The Council had recently established a 'Coalition for Jobs and Growth' to support the Obama administration's immigration reform.
New joint ventures between Indian IT service firms and their Chinese counterparts hint at the formidable bilateral economy that could emerge.
Even as outsourcing demand from Europe revives after the debt crisis, data protection regulations in the region governing trans-border data flows could hurt the $108 billion Indian IT-ITeS industry.
Do you support this move by the US Governors? Do you think Indian would benefit should H1-B visas be increased?
Thirteen governors in the United States have written to senior senators urging the need to streamline the immigration laws in the country.
The fringe benefit tax (FBT) was levied on ESOPs in the Union Budget this year and the IT industry is still grappling with the issue of how to factor in the tax.
Kiran Karnik has decided to step down from his role as president, Nasscom. The premier software association has already initiated a search process to locate a successor.
The Indian IT-ITeS sector, which has seen an upward revision of salaries in the last two-three years, is likely to witness moderation of wages from next year due to a gradual improvement in availability of professionals.
Two other IT giants -- Wipro and TCS -- featured among the top 10 most favourable companies, while the IT industry retained its position as the most reputed sector.
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