Even though the US Immigration Bill proposes strict changes to the H1B visa regime, which is a huge concern for IT companies, it simultaneously proposes to relax conditions for other categories of foreigners
For some quarters now the Indian BPO sector has managed to expand rapidly in contrast to the IT services sector which is still being rocked by global headwinds. So much so, that the BPO industry is now confident of surpassing NASSCOM's growth projections for the overall IT, ITeS industry for FY14.
Top IT companies are bracing up for a tough December. TCS' chief executive officer N Chandrasekaran and Infosys' managing director and chief executive officer SD Shibulal are expecting business to slowdown this month.
Earnings season is around the corner and markets are expecting the Indian IT sector to turn in a solid second quarter performance. Analysts are betting on the rupee's depreciation over the last three months and the seasonal surge in volumes to offer a strong foundation reports CNBC-TV18's Shreya Roy.
While PE investments have been taking a beating, healthcare ventures are still looking attractive for equity players. Goldman Sachs today invested Rs 220 crore in Bangalore-based firm reports CNBC-TV18's Shreya Roy.
With the duration of outsourcing deals getting shorter, deals worth nearly USD 85 billion are up for renegotiations this year, reports CNBC-TV18‘s Shreya Roy.
With discretionary spend going down, Indian technology players are looking at building up capabilities in IT infrastructure services, reports CNBC-TV18's Shreya Roy.
CNBC-TV18‘s Shreya Roy reports that I-T manufacturers are now seeking government help to keep the sector from crashing.