Indian It Companies

TCS announced that it will be deferring wage hikes to its 6.07 lakh employees due to the business uncertainties triggered by the tariff issues, and Wipro said wage hikes for FY26 will be decided closer to date.

IT industry staring at third straight year of single-digit growth in FY26: Crisil Ratings

While IT players are bundling AI and Gen AI offerings with traditional services, AI adoption is still in early stages and is unlikely to boost revenue in the near term

Cognizant’s acquisition playbook: What it means for Indian IT firms

Traditionally, ER&D services are largely provided by domain specialists. However, with spending gathering pace in the space over the last two years, IT firms are increasingly tapping into this new growth area.

Two red flags for Indian IT from TCS' Q4 results 

The company’s key growth engines are not yet firing on all cylinders

IT earnings can grow 15% in 2024 as AI spending rises, says Vikas Gupta of Omniscience

The CEO and Chief Investment Strategist of Omniscience Capital says IT companies will surprise the streets with higher earnings as global players' fat budgets will benefit Indian companies as well

IT companies find themselves in the middle of a perfect storm

The industry is facing multiple risks all at once, from employee churn to a shift in technology cycles to a bad operating environment and geographic and industry concentration 

Got Rs 10 lakh to invest? Tata MF’s fund manager picks 3 mutual funds to ride out volatile markets

A recession in global markets, especially in the US, might actually be a good news for India, as the domestic Information Technology sector could win some outsourcing contracts that were earlier for US-based companies, says Tata Mutual Fund’s Meeta Shetty

Digital news publishers deserve a share of Big Tech revenue: Chandrasekhar

While speaking about the Digital India Act, MoS IT Rajeev Chandrasekhar said, "aggregators should give a 'fair share of revenues' to digital platforms of print news publishers."

Indian IT’s digital business will be the bulwark against the coming slowdown

Digital now accounts for a significant part of IT leaders’ revenue. For Infosys, digital’s share of its business is now 57 percent of its revenue and contributes 41.2 percent of its annual growth. That’s about the same for most major firms though for many newer firms like Happiest Minds it is much higher

Reporter's Take | Has the US made it more difficult to get an H-1B visa?

Neha Alhawadi decodes the proposed changes to the H-1B visa process and how they could impact Indians.

Indian IT companies bullish on hiring plans for next 6 months: Report

According to the Experis IT Employment Outlook Survey, hiring intentions in India are up for the next two quarters (October 2018 - March 2019) for the IT fraternity, with a net employment outlook of 53 per cent.

Indian IT cos for measured hiring till Sep'17, says survey

According to the Experis IT Employment Outlook Survey released today by Experis IT - ManpowerGroup India, Indian IT employers expect a measured hiring pace in the next two quarters (April-September 2017).

COMMENT: Why buybacks for IT companies is a bad idea

Reports say that institutional investors are asking IT companies to announce a liberal buyback policy. But the fact is, though such a policy is good for investors, it is not necessarily so for a company.

Hiring by top-4 Indian IT cos dips 43% in September qtr: Report

The report further said that decline in hiring is not a surprise and is "consistent with slowdown in growth rates and efforts of Indian IT to drive up productivity".

Indian IT companies' margins under pressure: Nasscom

"But clearly, there has been a lot of pressure on margins. That is much more visible and much more tangible than the overall revenue trajectory," Nasscom President R Chandrasekhar told reporters on the sidelines of an event here.

Muted Q1: Nasscom says no cut in FY17 growth target of 10-12%

Nasscom President R Chandrashekhar told PTI that from an industry standpoint, the growth continues to be uniformly distributed and there is no reduction in demand for IT services.

Brexit may not have a significant impact on IT cos: TechM

Vineet Nayyar, Executive VC, Tech Mahindra does not see a significant impact on Indian IT companies. According to him the sterling may fall but it will have only a marginal impact for them. He said, they keep facing these kind of currency problems time and again.

Indian companies to pay $4,000 more for H-1B visa fee

The H-1B visa is designed to allow US employers to recruit and employ foreign professionals in speciality occupations within the US while L-1 visas are available to employees of an international company with offices in both the US and abroad.

Indian IT cos to benefit from H-1B filing fee drop:Law firm

Leading IT companies, including Infosys, TCS and Wipro, among others, apply for a large numbers of H-1B visas for their skilled workers to work in the US every year.

Infosys far behind ind growth; TCS to deliver: Phillip Cap

Vibhor Singhal, IT-analyst at Philip Capital does not think Infosys has turned the corner yet and says it is still far behind the industry growth.

IT: Prefer HCL Technologies, says KRChoksey

KRChoksey has come out with its research report on IT sector. "Considering revenue growth rate built in stock price during phase II (i.e. FY18E to FY27E) and margin expectations; we prefer HCL Technologies followed by Wipro", says the research firm.

BT likely to ‘Insource‘ upto 40% of tech deals

British Telecom (BT) is planning to transfer some of its tech contracts in-house to its captive arms in Malaysia and India.

Prefer Infosys, Wipro from IT space: Prabhudas Lilladher

IT: Prabhudas Lilladher believes that higher utilization and spiralling attrition along with anaemic net employee addition is a matter of concern. It could impact the business momentum if we see acceleration in growth momentum. The research firm prefers Infosys and Wipro from the space.

Infosys may lower FY14 dollar revenue outlook to 5-9%: IIFL

Sundeep Muthangi of IIFL cautions that IT sector on the whole may see weak earnings performance. However he expects Tata Consultancy Services (TCS) and HCL Technologies to outperform its peers in terms of revenue growth.

Senate to discuss favourable Immigration Bill: NASSCOM

Som Mittal, president, Nasscom says the industry body has got assurance from the US judicial committee that a Bill which does not have negative provisions that can adversely impact Indian IT companies will be taken up in the US Senate in a few weeks.