New H-1B Visa Announcement: Skills Not Salary The Trump Card

On 31 January 2017, an announcement impacting H-1B visa programme has been made by the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the minimum wage requirement of H-1B…

Blow For Indian IT: New US Bill Proposes Doubling Wage Limit For H1B Visa

India's information technology (IT) sector will face temporary setback to move workers from India to the US with the bill introduced in the US House of Representatives that mandates minimum wages of H1B visa holders at $130,000, double the current…

Vodafone-Idea Merger: India’s Largest Telecom Operator In The Making

Vodafone Plc, the British telecom company has confirmed “ongoing talks” of merger with Aditya Birla Group-owned telecom operator Idea Cellular, to cushion itself against a price war with Reliance Jio. “Together Idea and Vodafone will have more fire-power against Reliance…

With UberEATS, Is Uber Biting Off More Than It Can Chew?

Online food delivery is a tricky space for Indian startups, what with intense competition, wafer-thin margins and a funding drought that shows no signs of a let-up. So it was a bit of a surprise when San Francisco-based Uber, the…

Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home

Indian engineers have for long viewed the US as the land of El Dorado with its promise of riches — professional and personal. But they are now a deeply worried lot as nationalist rhetoric turns shrill in Donald Trump’s America.…

Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT

New US President Donald Trump's 'Buy American-hire American' rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled…

Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?

At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…

Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation

Funded by foreign investors and parent companies, India’s leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain…

How Change In Technology Landscape Is Impacting M&A In IT Industry

The year 2016 witnessed a major rise and impact of new technologies like social, mobile, analytics and cloud (SMAC) across businesses and organisations, not just in terms of the adoption, usage and investments but also it gained the status of…

Chandra-Gopi Combine Could Bring Tata Tech Units Under TCS

Rajesh Gopinathan, who will take over as the CEO of Tata group crown jewel Tata Consultancy Services on February 21, has big shoes to fill. But experts believe the 46-year-old will bring freshness into the company at a time when…

New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit

The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…

Five Reasons Why Ratan Tata Picked N Chandrasekaran For The Top Job

Of all the possible candidates, the credentials of TCS' N Chandrasekaran was hard to be ignored for panel. Research and advisory firm Greyhound Research Chief Analyst & CEO Sanchit Vir Gogia adds, "he has very strong digital capability, a huge plus…

With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead

January 20, 2017, will mark the commencement of the four-year term of Donald Trump, the 45th President of the United States. Since his presidential election win on November 8, 2016, many quarters of the global industry have been abuzz with possible outcomes…

Tough Road Ahead for IBM India Chief

IBM’s two major global bets — cloud and cognitive — are also the two weakest areas for the computing giant in India, where it seems to be struggling in a highly competitive market. Will the new India MD be able…

Outlook 2017: Tech Industry Faces A Volatile Year Ahead

“2017 is going to be a volatile year for the Indian IT industry,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. “The pace of technological changes is very high and it will lead to substantial job cuts. The…

Whilst Transforming Clients, IBM India Must Also Transform Within

On January 4, 2017, IBM India named Karan Bajwa as the new Managing Director. He takes over the reigns from Vanitha Narayanan, who has now been appointed as the Chairman. Per the announcement, this change is effective immediately; both Karan and Vanitha will report…

David Kennedy Exits Infosys Whilst Indian IT Service Providers Battle Protectionist Sentiment

On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…

Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump

IT major Infosys’ Rs. 5.9 crore ($868,250) severance pay offer to outgoing General Counsel David D Kennedy is a move to play safe with  Donald Trump administration in the US, say experts. "There is some kind of an abruptness in…

Flashback 2016: Year Of Uncertainties For IT Sector

Information technology industry strived to find newer opportunities and markets in 2016 as geopolitical uncertainties, a challenging business climate and technological shift clouded outlook. “The world market is leaning towards protectionism,” said Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound…

投资无回报?印度多个电商平台面临亏损问题

据美国石英网12月27日报道,亚洲第三大经济体印度的电子商务零售商正努力弥补企业亏损。 据报道,在投资者投入百万资金后期待回报之际,Flipkart、亚马逊等电商企业采取积极投放广告和打折促销的方式来吸引消费者。但截止2016年3月31日的年度财务报告显示,许多在线零售商虽然收入大幅增长,但是亏损也在增加。 “我对这些亏损不是太担忧,”研究咨询公司“Greyhound Research”首席分析师兼首席执行官Sanchit Vir Gogia说,“我真正担心的是这些公司的产品质量以及管理。比如说,如果他们的产品销售额增加了,那么生产成本也会增加,从而导致亏损,这种情况是让我非常担心的。” [Source1] | [Source2] | [Source3] | [Source4] | [Source5] | [Source6] | [Source7] | [Source8] | [Source9] | [Source10] | [Source11] | [Source12] | [Source13]

Tough 2016 For IT, Tougher Year Ahead

For India’s export-focused software services sector, 2016 was a tough battle. The information technology (IT) sector had to reduce growth numbers for only the second time in a decade, the first being after a US  recession triggered by the Lehman…

IT Companies Will Have To Prove Their Digital Narrative In 2017

Winter has set in, and yet, the biting icy winds do not stop New Yorkers from getting to work. At Liberty Street, inside the Times Inc. office, there are a couple of financial service providers and media companies talking about…

For All Their Stellar Sales Figures, India’s E-commerce Firms Are Also Struggling With Mounting Losses

E-tailers in Asia’s third-largest economy are in fix. With investors demanding results after pouring in millions worth of funding, companies such as Flipkart and Amazon have resorted to aggressive advertising and discounting to attract customers. But while that has paid…

Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe

Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee. “Wipro’s decision to…

Future-Proof Your Brand For 2017 And Beyond

As 2016 winds down and we enter holiday mode, it's time to start thinking of the 2017 work year. Here's why you need to use your down time to put plans into place to upskill your employees and stay ahead…

To Combat Market Slowdown, Nasscom Plans A US IT Show

IT industry's representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown. "This is clearly a reaction to Trump. But,…

Streaming Movies Space Sizzles With Amazon’s Entry

Will Amazon’s newly-launched SVOD platform Prime Video spell a turf war? Over-the-top players and market analyst note that content, pricing and ease of payment will be a key strategic area for consumers to shift preferences. India’s OTT market already has…

On A Screen Near You: The Amazon Versus Netflix Battle

The global battle between Netflix and Amazon for a larger share of TV and movie viewership is all set to play out in India. Eleven months after Netflix launched its services in India, e-commerce giant Amazon has now launched its…

Satyam Bansal Exits Flipkart

Satyam Bansal, Chief of Staff for Executive Chairman and co-founder of Flipkart Sachin Bansal exits Flipkart after a three year stint to join Hotstar, an online video streaming platform, as its Senior Vice President – Partnerships & Distribution, in Mumbai.…

Keynote: Who Owns Digital Transformation?

Below are excerpts of a recent Keynote by Sanchit Vir Gogia on the topic: Who Owns Digital Transformation?