The new rules will bring down people's mobility and as a result flexibility in scaling businesses
Job cuts in Indian IT companies will be 1.75 -2 lakh per year in next 3 years, due to under- preparedness in adapting newer technologies, says Head Hunters MD
What impact will the Budget have on the IT sector?
The National Digital Literacy Mission is helping educated women turn around their lives.
At a time when the Indian information technology services industry is the focus of anti-outsourcing rhetoric, the global in-house centres (GICs) or captive units of multinational companies are increasing their offshore penetration.
People in India haven't seen what happens if the environment gets sour, the Softbank vice-chairman said.
Industry chieftains, strategists and analysts were unanimous that a slowdown, if at all happens again, won't affect the prospects of the $17-billion industry.
For the financial year 2013, the industry will hire around 200,000 of which 100,000 students have already received offer letters. The industry would end FY12 by hiring 230,000.
Thanks to technological support provided by BlinkIN, a Bengaluru-based intelligent visual-assistance company, engineers in Wuhan were able to remotely install air ventilation systems in two hospitals in Wuhan, the epicentre of the coronavirus pandemic, reports Peerzada Abrar.
Infosys forecast a 10.8-12.3 per cent sales growth in the US dollar terms for 2016-17.
Almost all Indian IT companies would pay between $8,000 and $10,000 per H1B visa from April 1
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
The industry has registered a 29-fold increase in patents over 2005-2008.
Currency volatility to have negative impact of 275 bps
The Indian IT industry has consistently protested the anti-outsourcing rhetoric of American politicians.
IBM India won the award in 'Best IT Services and Products Company' category and IBM Daksh in 'Best BPO Company'.
Nasscom, the information technology and BPO industry body, on Monday favoured a flexible work atmosphere for women engaged in raising their family to curb dropout rates and boost their numbers in mid-level and senior management positions in companies.
National Association of Software & Services Companies president Som Mittal said that growth has come back to India's IT and ITeS industry and 'the growth is going to be very different from the growth that we had in the past'.
Browbeaten by recession and anxiety about mounting protectionism in key markets have led Indian information technology (IT) companies to extend their reach in the countries of Africa, the West Asia and Asia Pacific.
According to Grant Thornton's January data, IT & ITeS tracked the highest in terms of value, with the industry investing $1.2 billion in M&A over 12 deals.
Aadhaar architect becomes most visible face to oppose Facebook plan
India on Friday launched an aggressive campaign to showcase its IT prowess in China to woo local companies in order to bridge the trade imbalance between the two nations.
Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.
Kapil Sibal says there is a need to look at IT differently and not just as a cash cow.
The proportion of women to men falls radically after the mid-management level.
Singh said his evangelising zeal had taught businesses to create new markets and made India a hub for innovation.
If shutdown stays for an extended period, there would be an overall macroeconomic impact that may affect the IT industry.
The catch is the need for a supportive framework in place that allows free and fair use of such technology.
In a first-of-its-kind initiative in the country, the Mumbai Police has started tracking public views and sentiments on social media platforms to step-up its preparedness in handling sensitive issues and protests.
The Street is especially looking forward to the management commentary to get a sense of its new direction
IT and BPO industry body Nasscom's chairman Pramod Bhasin said the industry faced a 'brutal year in many respects' in the last financial year and the companies and customers were passing through 'extraordinary pain'. As a result, BPO customers are undergoing restructuring, internal and management changes and change of decision-makers, he said at the Nasscom's BPO Strategy Summit 2009 in Bangalore.
Higher impetus on automation through higher funding of e-governance projects and rationalization and clarity on levy of taxes would bring relief to the industry.
Global business consultancy firm, Deloitte, plans to almost double its India workforce to 24,500 over the next 30 months, a top company official said.
The six-member board -- comprising HDFC chairman Deepak Parekh, former Nasscom president Kiran Karnik, former Sebi member C Achuthan, CII chief mentor Tarun Das, renowned chartered accountant TN Manoharan and LIC nominee Suryakant Balakrishnan -- met in Hyderabad on Thursday for the third time after it was constituted January 12.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
The IT slowdown directly threatens the well being of other industries as well as India's IT cities. This impact has not necessarily been factored in, yet.
The West Bengal government had early this month shelved the IT township project at Rajarhat in North 24 Parganas, where Wipro and Infosys were supposed to set up their units, after allegations of irregularities in allocation of land for the luxury Vedic Village resort surfaced.
India Inc on Tuesday described the United States President Barack Obama's announcement to punish American firms by levying high taxes on their outsourcing business as 'protectionist' and a retrograde measure that, it said, will hurt the US companies.
Most recession-hit clients, domestic and foreign, are asking for price cuts that large Indian IT firms are unable to offer due to high overheads. However, SMEs can afford to do so, since their employee costs are low. This is the right time to enter the domestic market, which is projected to expand five-fold by 2020 to $90-100 billion, including both technology and business outsourcing, said K Purushothaman, Nasscom's regional director for Tamil Nadu and Kerala.
IT majors like IBM, Sun Microsystems and Red Hat have shot letters to industry bodies -- Nasscom (for software) and MAIT (for hardware) -- and the department of information technology, protesting over the inclusion of clauses which allow for 'multiple standards' and 'royalty on software' versus a 'single' standard and 'free' software.
