In FY 2017, the sector added 1,70,000 people, Nasscom said in a report titled ‘Jobs and Skills: The Imperative to reinvent and disrupt’. In the last quarter of FY17, top 5 software companies hired over 50,000 techies.
While there is panic over job losses in the industry, the government and IT governing body Nasscom say that the current year is no different than any other.
He feels, valuations are stretched in mid-. small- and micro-cap segment adding that he large cap valuations are still looking attractive
From a role confined to maintenance of IT infrastructure, chief information officers (CIOs) of enterprises now find themselves improving business processes, according to the The EY-CIO Klub Enterprise IT Trends and Investments Survey 2017.
Edelweiss Mutual Fund is upbeat on private banks as he believes private banks will keep gaining share from PSUs
While the Donald Trump administration has accused Indian IT companies of taking lion’s share of H-1B visa, a recent data shows that American companies use majority of these visa for foreign professionals.
Talent shortage is acute in the IT and data science ecosystem in India with a survey claiming that 95 per cent of engineers in the country are not fit to take up software development jobs.
According to a report Clarivate Analytics, polymers and plastics, computing, pharmaceuticals and telecommunications were the top 4 sectors that contribute about two-thirds of total patents filed in India.
The whole world might be worried about IT and pharma amid regulatory hurdles as well as rising rupee but fundamentally they remain a strong play, Sheth told CNBC-TV18.
The amount is the highest ever spent by the body since 2003 — the time it began pushing for more liberal regulations for Indian IT.
Innovation and entrepreneurship are the keys to boost manufacturing and job creation, contrary to fears that automation may stunt jobs, say IT industry experts.
"We will touch each of our employee as part of the training programme with new skills in digital and cloud. The idea is to make them future-ready," Capgemini chief operating officer for India Ashwin Yardi told PTI.
The Commerce and the Foreign secretaries went to the US and had initial talks. The 2018 H1-B visa details have been issued and there is no change in US position and the numbers remain largely the same, Sitharaman said.
According to the annual report of Office of the Controller General of patents, designs, trademarks and geographical indications, the other top applicants include premier Indian Institute of Technologies (IITs) and HCL Technologies.
Mihir Vora, Director and Chief Investment Officer, Max Life in an interview to CNBC-TV18 shared his views on market fundamentals and his expectation from the Reserve Bank of India monetary policy today.
The Trump administration has quietly reworked its H-1B guidelines and this could impact entry-level programmers on work visas.
Nasscom President R Chandrashekhar said that issuance of visas to the tech workers under the intra company transfers has "reduced to a trickle" and so for all practical purposes "the tap has been shut".
Human resource consultants say while higher salary hikes are an attractive tool to retain C-suite executives, they should be proportional to the salary increases other employees get.
A look at the performance of sectors during the current fiscal and how they would perform going forward.
Ashburton India Equity Opportunities Fund is a USD-denominated fund offering investors access to one of the largest, fastest-growing and most exciting economies in the world.
Bharat Financial Inclusion, Airtel and Zee Entertainment could be on investors' mind. Meanwhile, they also have a view on information technology and automobile sector.
Congressman Darrell Issa, who recently introduced the legislation which calls for an increase in the salary of H-1B workers, insisted that his move would bring the best talents to the US and help fix the flaws in the existing H-1B system.