Tepid growth in verticals like banking and finance, healthcare, retail and automotive will drag overall IT spends in the current year, reports Debasis Mohapatra.
According to experts, while allegations against Indian IT firms of visa misuse are nothing new, this time the scrutiny could be much greater.
India doesn't have a data protection law or a dedicated law on cybersecurity. Also, there is no specialised law on privacy. Experts say this complicates the scenario for businesses as they continue to be liable for breach in client data even when employees work out of the home.
IT sector has lots of hope from the Union Budget 2014-15.
Norms for e-commerce likely, arm's-length pricing set for change.
Ratan Tata said he continued to feel the need to support young entrepreneurs who were keen to unleash the Indian tiger.
Notwithstanding the current Malaysian imbroglio involving Indian IT workers, India's software and services exports to that country stood at just Rs 70 crore in 2001-02.
The World Bank would outsource over $10 million IT work to India in the next 12 months through its existing Indian partners, Nasscom
Europe is the second largest market for Indian IT-BPM industry
Indian IT companies like Tata Consultancy Services, Infosys, HCL Technologies and others have taken the buyback route to return some wealth to their shareholders, while potentially boosting their stock prices.
Silicon Valley-based billionaire and prominent venture capitalist Vinod Khosla on Friday condemned government's decision to ban internet-based taxi aggregator Uber following the alleged rape incident in Delhi recently.
The bill introduced in the state of New Jersey proposes a ban on government outsourcing contracts to foreign countries.
According to sources, Nadella will be visiting New Delhi on September 30 to take part in two events to be organised by Nasscom.
Schmidt had a closed-door meeting with four start-ups in Bangalore.
The $100-billion export-driven sector has been vocal on the need to move up the value chain with increased automation, offering services bundled with software products and platforms.
Takes a knock after RBS changes plan on Williams & Glyn; contract loss to impact 3,000 Infy staffers
Any changes in the visa regime may result in higher operational costs and shortage of skilled workers for the $110 billion Indian outsourcing industry.
A RBI constituted panel on financial inclusion headed by Nachiket Mor had recommended the setting up of the payments banks in order to deepen access to finance.
BSE-IT index slumped over 10 percent after Infosys, the second-biggest software exporter, guided for a revenue growth of 6-10%, much below of 12-14% for the fiscal 2014.
To increase local talent mix in the US like their major peer Infosys
Ginni Rometty, who is on Donald Trump's advisory committee, discusses the importance of an open workforce, work visas, and why India is a microcosm of all of IBM.
iSpirt to work closely with trade bodies including Nasscom in providing policy prescriptions.
During the visit, he will address a Nasscom meet and participate in a Google+ Hangout with students.
The quantum of hiring is likely to remain the same as that of the past financial year.
The Bombay Stock Exchange IT index has dipped almost 9% or 585 points at 6,210 compared to 1.56% fall in benchmark Sensex at 0917 hours.
IT industry body Nasscom said it is quite hopeful the final contour of the bill would be much more balanced than it is at present.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
Days before Narendra Modi arrives in the US to speak at the UN, meet Barack Obama, gupshup with the likes of Nadella, Pichai, Zuckerberg, and address desis in Silicon Valley, his ministers will help set the commercial and strategic tone for the prime minister's visit.
'During the pandemic, thousands of IT employees have lost their jobs.' 'Many of those who still have their jobs fear that they will lost it any moment.'
Over the past week, several unusual partnerships among start-ups, traditional businesses and hospitals have been announced, and several more are likely to materialise soon. The trend could see increased importance of gig workers, who are taking considerable risk to deliver goods to people in the time of a pandemic.
In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies.
Appointing Neemuchwala is seen as a big shift for Wipro.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
India's IT/BPO story isn't over yet, believes Ganesh Natarajan.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Stronger rupee likely to take a toll; Infosys results on April 13 to be keenly watched
