With the world getting more and more instrumented with smart devices, global enterprises are increasingly looking at undertaking a 'digital transformation' journey to stay ahead in the race. Emerging technologies such as social, mobility, analytics and cloud have given birth to new business opportunities and forcing enterprises to finetune their IT buying decisions -- quite differently from what they used to do.
Availability of jobs at India's auto companies has shrunk significantly over the last two years, as the industry goes through one of its worst slowdowns. More than 60 per cent of the total workforce fell by 24 per cent in 2019-20, against 2017-18.
Though a weak dollar will lend some support to revenues and margins in FY21, the demand environment will outweigh any gain.
Hinduja TMT and Fox Mandal Little - an Indian firm providing legal outsourcing services to multinational companies and international law firms
Outsourcing firm iGate has been slapped with class action lawsuit in the US for alleged violations of federal securities laws in view of its sacked CEO Phaneesh Murthy's "improper relationship" with a subordinate employee.
Experts attribute this trend to a combination of end of capital expenditure cycle, increased automation, RIL's preference for time-bound labour contracts, and telecom and retail's outsourced human resource model.
Firms are flooded with credit crisis-related litigation jobs from American law companies.
According to experts in human resources, even joining of new graduates is likely to be staggered as companies are expected to onboard staffers after gauging the demand scenario.
Theresa May's visit to a Bengaluru aerospace systems supplier is seen as the UK's strategy to pursue new defence deals.
Indian Rayon, an Aditya Birla Group company, on Friday announced its entry into the Business Process Outsourcing sector with the acquisition of TransWorks, a leading Indian ITES/BPO company, for about $13 million.
While Wipro will announce its fourth quarter (Q4) results along with annual financial statements on April 15, market leader TCS will hold its board meet the next day (April 16) for approval of its financial statements. Infosys is yet to inform investors the date it will announce its Q4 earnings.
Mentor Graphics Corporation, a US-based technology leader in electronic design automation, has planned to invest $50 million in its two subsidiaries at Hyderabad and Noida during next five years.
There was an uptick in clients' spends in the digital segment.
Experts are of the opinion that though digital services hold the future, the companies are likely to take a hit during the transition period.
'His working style differs from his father as he is a quick decision-maker.'
US President-elect Donald Trump has vowed to pull out of the Trans-Pacific Partnership, the world's largest trade deal, and investigate abuses of work visa programmes as he outlined his policy plans for the first 100 days in office.
In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.
Ruling comes at a time when IT firms have signed multi-million dollar deals with telecom firms.
Technology market research firm Tech Market View said the contract, which is one of Wipro's largest deals group-wide, signals the growing influence of offshore-centric IT-BPO players in large scale UK outsourcing market.
With the advent of new banks, IT firms will get boostto their businesses.
Indian industry, particularly the IT sector has been concerned over increasing resistance to outsourcing in the developed world.
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
Modi govt to enhance its 2015 spend on technology, says Gartner.
Rather than focussing on manufacturing, Indian companies need to concentrate on conceiving, designing and branding products.
TCS hopes to create a positive image for outsourcing by sponsoring a famous marathon
This is the company's first business process outsourcing centre in the South-East Asia and the latest addition to the company's Global Network Delivery Model, Tata Consultancy Services said in a filing to the Bombay Stock Exchange.
'The workers's dance of wilful destruction has the potential to kill all investments planned in India by any foreign entity,' argues Dr Sudhir Bisht.
What is your USP?
Why should your customers come to only you and nobody else? What particular problem are you solving? Solve these puzzles before launching a stat up suggests Rajiv Talreja.
Person-to-person outsourcing gains currency with small offices and individuals.
The Mumbai-based firm is on a cost optimisation drive through outsourcing of network management services and call centre operations.
Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts.
Auto makers are in the midst of a rally with the NSE auto index up 17.5 per cent since the start of February.
