BUSINESS
COVID-19 is spurring demand for Robotic Process Automation platforms
According to a recent report, companies are likely to increase their RPA spend by 5 percent in the next 12 months. An IDC report said that the pandemic has put RPA in the spotlight as companies are realizing the role of RPA in business continuity as they move into the economic recovery phase.
BUSINESS
Covid-19: IT firms cash in on back-to-work solutions as enterprises look to get going again
Top IT firms such as HCL Tech, Infosys, and TCS have launched solutions internally as well as for their customers to cater to changing safety protocols amid the Covid pandemic
BUSINESS
Where does HCL Tech's confidence to beat its own revenue guidance stem from?
Even in the midst of COVID-19, the company revised its Q2 revenue guidance upwards last week to 3.5 percent from the 1.5-2.5 percent it had forecast during Q1. This came at the back of strong growth momentum it saw across service lines and verticals such as healthcare and telecom.
BUSINESS
Proposed changes in H-1B visa wages: What does it mean for IT services firms' salary cost?
If a Department of Labour proposal comes into force, IT firms will have to pay more for H-1B visa holders. Wages of H-1B1 and E-3 visa holders may also rise. Average H-1B wages have increased sharply over the last two years -- from $78,120 in FY17 to $90,730 in FY19.
BUSINESS
What does the success of Happiest Minds IPO mean for the Indian IT sector?
Coming amid the pandemic, many questioned Ashok Soota, the man behind the company, and his decision to go ahead with the IPO
BUSINESS
Infosys’ Finacle is finally having a moment two decades after launch
A look at the transformation of one the oldest core banking products – how it failed to win many friends when it was launched in 1999, changed itself over the last five years, and now has 200 banking customers, serving over a billion consumers.
BUSINESS
Why is Baring PE Asia buffing its IT services portfolio?
The private equity firm has two options before it with IT services firms Hexaware, Coforge and Virtusa. It can either combine these acquisitions to create a giant entity and harness synergies while strengthening diversified lines of business, or it can let the three companies grow individually and sell them. Which route will it take?
BUSINESS
IT firms are on an acquisition spree as they chase changing consumer needs
Coming quarters likely to see more acquisitions as companies look to build capabilities, across technology, geography and industry, to cater to the growing demand.
BUSINESS
Here are the main lawsuits against the Trump administration that may make or break the fate of Indians working in the US
As on September 9, close to 105 multi-state lawsuits were filed against the Trump administration by Democrat and Republican attorney generals in the US. This is much higher, compared to the eight years of Obama.
BUSINESS
H-1B visa holders await judgement on second lawsuit against Trump's ban on temporary workers
The lawsuit was initially filed by the US Chamber of Commerce in July but later got support from tech firms such as Facebook, Apple and Microsoft
BUSINESS
Explained: Why the US move to collect an array of biometric data from those seeking American citizenship is worrying immigrant hopefuls
The US government wants to widen biometric collection beyond fingerprints, photographs and signatures to include DNA, iris scans and voice and palm prints, among other things. It also wants to collect these data from more people, including employers and family members sponsoring an immigrant. And it wants to store these data even after an immigrant becomes a citizen. All this has raised huge concerns over the threat of continued surveillance and invasion of privacy.
BUSINESS
2020 US elections: More at stake for IT/ITeS firms as Trump goes ahead with his immigration agenda
A proposed regulation to make the H-1B visa processing even tougher is being worked out. A ‘specialty occupation’ clause is expected to further affect the career prospects of H-1B visa holders.
BUSINESS
H-1B visa holders now pin their hopes on the second lawsuit over their US entry
The first suit was filed against US President Donald Trump’s June 22 order, banning the entry of non-immigrant foreign workers on visas like H-1B till the year-end. A US judge had rejected the arguments of the visa holders. The second suit will come up for hearing on Sept 11.
BUSINESS
Hinduja Global Solutions will restructure portfolio with broader focus on digital: CEO Partha DeSarkar
The company’s domestic CRM business was a high headcount and low margin affair, and was the first step in restructuring, said DeSarkar. Apart from digital services, analytics will be a big part of Hinduja Global Solutions’ growth plans, he told Moneycontrol.
BUSINESS
US visa ban relaxation: Who will benefit and who won't?
The visa ban has not come as a surprise for many as it is election year and Trump and his party are riding on anti-immigration sentiments.
BUSINESS
Hexaware's delisting will not affect its operations, employees or clients: CEO R Srikrishna
The result of the shareholder voting to consider the proposed delisting will be out on August 10, after which the timeline for the same, if it happens, would emerge.
BUSINESS
Wipro's bench employees face pay cuts amid COVID-19
These employees will now be moved to a three-month extended bench to help find new projects. Failure to secure other projects could result in termination. Company silent on how many will be affected.
BUSINESS
COVID-19 impact: Tech Mahindra's headcount falls by 2,000 for June 2020 quarter
The drop in headcount a combination of voluntary and involuntary attrition.
BUSINESS
Hurdles are never-ending for Indian US Green card aspirants and H-1B visa holders
Demand to remove the 7 percent country cap for Green Card is increasing as the US presidential election is nearing.
BUSINESS
IT firm Mphasis expects recovery from Q2 amid coronavirus pandemic
This growth is driven by vendor consolidation and investments in areas of digital such as cloud, data and analytics.
BUSINESS
One of these five companies could be India's Zoom alternative
We profile the companies that made it to the shortlist in the government’s videoconferencing app challenge. The winner, expected to be announced early next month, will get to deploy its solution in Central and State Government entities for four years and will also be given Rs 1 crore in the first year
BUSINESS
Hiring! IBM wants mainframe, DBMS and UNIX specialists! How to get skilled in these?
During mid-July, US Tech major IBM had close to 200 positions open in India and 33 percent were for these legacy skills.
BUSINESS
H-1B visa restriction may make tech firms offshore jobs to countries like India: Report
US multinational firms are responsible for 80 percent of US R&D and employ about one-fourth of US private employees
BUSINESS
How Digital is reshaping the destiny of India’s IT services sector
For India’s top four IT services companies, most deals signed during the quarter were in the Digital space
