Jul 20, 2021 10:27 AM IST
Infosys plans to hire 35,000 freshers, Wipro more than 12,000, HCL Tech 20,000-22,000 and TCS will hire 40,000 people from campuses this fiscal to meet demand and attrition soar
- Jun 26, 2021 08:04 AM IST
India’s software product ecosystem has suffered in the absence of a robust academia-industry partnership, and the IT industry body is trying to take it to the next level.
- Dec 29, 2020 09:11 AM IST
Several IT companies have reported large order inflows and significant expansion in project pipelines. Ramp-up of these contracts is set to improve revenue growth rates in 2021-22
- Sep 29, 2020 05:39 PM IST
The future skills demand is likely to grow to 3.5-3.7 million in 2024 from 1.2-1.3 million the industry currently employs, according to report by NASSCOM
- Aug 09, 2019 09:07 PM IST
Companies are bracing for drop in client spending at the back of global growth slowdown. Given the political uncertainty surrounding Brexit in UK and the US-China trade war, customers are cautious and are taking a wait and watch approach.
- May 14, 2018 03:10 PM IST
The main aim of the GDPR, as per its website, “is to protect all EU citizens from privacy and data breaches in an increasingly data-driven world”.
- Apr 04, 2017 02:32 PM IST
Reacting to the latest H-1B memorandum issued by Trump administration, Nasscom has said that Indian IT companies will be 'applying for visas for higher level professionals this year’
- Mar 20, 2017 07:22 PM IST
As of December 2016, HCL Technologies had cash of USD 1,885 million on its books. The company has an equity base of 1.41 billion shares and has paid out dividends for the last 56 consecutive quarters.
- Mar 17, 2017 08:21 PM IST
R Chandrashekhar, President of software body NASSCOM, said he had earlier witnessed a circumspect response from the US about India's IT concerns, but there appeared to be understanding of the nuances of late.
- Jan 23, 2017 03:24 PM IST
While the new H-1B rules are likely to impact the large tech companies, small tech startups will also be forced to hire Americans, which might not be a bad thing for the local employment.
- Dec 10, 2016 04:36 PM IST
A social media tweet at the peak of US election compared then Republican nominee and now President-elect Donald Trump as the Raj Thackeray of USA, in an apparent reference to the latter‘s protectionist, sometimes violent, agenda to save local jobs.
- Nov 27, 2016 03:46 PM IST
On the impact of President-elect Donald Trump, Brexit and possible trade barriers on Indian IT, the technology investor said he expects it to be "very marginal".
- Oct 20, 2015 07:34 PM IST
The high cash levels and low debt at Indian IT companies should help them seek opportunities to acquire larger companies than they have in the past, it said.
- Jan 04, 2015 03:15 PM IST
Improving economic scenario in the US, enhanced IT spending by banks and large deals are expected to help Indian IT services firms post strong growth, similar to the pace seen last year, analysts said.
- Dec 17, 2014 10:50 AM IST
As they draw up spending budgets for the next year, an expected pressure on key clients of the Indian IT-services industry in 2015 is expected to weigh on their earnings visibility for fiscal year 2015-16.
- Mar 04, 2014 07:32 PM IST
Driven by an improvement in the global economic climate and rise in the technology spend, the Indian IT-BPM export revenues stood at USD 86 billion (a year-on-year growth of 13 percent) for FY'2014.
- Mar 21, 2013 06:07 PM IST
Prabhudas Lilladher has come out with its report on Information Technology (IT) sector update. The research firm see increased competition in IS outsourcing to exert pressure to outdo their rivals in terms of costs and deliverables.
- Mar 21, 2013 12:17 PM IST
Angel Broking has come out with its report on Information Technology (IT) sector update - March 2013. The research firm expects TCS and HCL Tech to lead the growth in tier-I IT pack by growing higher than the industry average in FY2014 and recommends accumulate rating on TCS and HCL Tech with target price of Rs 1,624 and Rs 875, respectively.
- Jan 31, 2013 05:10 PM IST
India Ratings has maintained a Stable Outlook on Indian IT services companies for 2013 on the likelihood that their credit profile will remain stable during the year. Strong liquidity underlines the credit stability of the sector in 2013 when revenue growth is likely to be muted and margin stressed.
- Sep 26, 2011 06:26 PM IST
India today urged China to open its huge markets to Indian IT and pharma products to bring about balance in bilateral trade.
- Aug 23, 2011 03:19 PM IST
Software body Nasscom today said it remains confident about its projection for 16-18% growth of the Indian IT industry in FY'12 despite the economic uncertainty in the US and European markets.
- Jul 21, 2011 10:28 AM IST
As many as 10 Indian IT companies are set to exhibit their wares at the India Pavilion during the 2011 Internet Show being held in Abu Dhabi in September, indicating the growing interest of Indian companies in the Middle East region, it has been revealed.
- Feb 08, 2011 08:20 AM IST
Mumbai, Feb 7 (PTI) With a steady recovery in major markets such as the US and Europe, Indian IT and BPO export is likely to grow three-fold to USD 175 billion in revenue by end -this decade, apex software industry body Nasscom said today.