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Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. The founders have lashed out at Vishal Sikka, CEO and the board via a letter that highlights possible corporate…
Read More Infosys Governance Row: Are Indian Cos Not Ready To Accept Global Talent Yet?
Donald Trump's efforts to limit the number of temporary workers in the US will dent India's software industry. Sanchit Vir Gogia, Chief Analyst and CEO at Greyhound Research, emphasised that the need to have people on-site is more than just…
Read More H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?
Over the last 24 hours, the Indian IT Industry and media have been abuzz with supposed corporate governance issues at Infosys. Founders have lashed out at Vishal Sikka and the board via a letter that highlights possible corporate governance issues under…
The letter sent by founders to Infosys board raising governance concerns has given rise to nagging suspicion that remote controlling of a company by former promoters may be an emerging trend in Indian corporates that are restructuring and reinventing themselves to come to…
India's famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US…
Read More Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries
IT major Infosys today defended pay hike to chief executive Vishal Sikka and the severance package of two former senior executives saying all decisions were made "in the overall interest of the company", amid reports of simmering differences between the…
Read More Infosys Defends Pay Hike To Sikka, Says Decision in Company’s Interest
Today a legislation impacting H1-B visa programme has been introduced in the US House of Representatives making it difficult for companies in the US to employ skilled foreign workers. Among other things, the bill more than doubled the minimum wage requirement of…
Read More H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
Software services industry, already facing pressures on profitability and revenue, has become the latest target of the Trump administration’s moves to protect American jobs. The prevailing protectionist sentiment will lead to a sharp rise in on-shoring and near-shoring arrangements, said…
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…
Read More New H-1B Visa Announcement: Skills Not Salary The Trump Card
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…
Read More Blow For Indian IT: New US Bill Proposes Doubling Wage Limit For H1B Visa
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.…
Read More Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home
HCL Technologies on Tuesday reported a 7.8% rise in consolidated net profit at Rs2,070 crore for the third quarter ended December 31, 2016, as compared to Rs1,920 crore reported in the year-ago period. Anshoo Nandwaani, Vice President & Principal Analyst,…
Read More HCL Tech Q3 Net Up 7.8%, Co Maintains Full-Year Guidance
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…
Read More Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT
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…
Read More How Change In Technology Landscape Is Impacting M&A In IT Industry
Amid widespread concerns over impending policies of Donald Trump, who is set to take charge as US President from Friday, Nasscom is planning a visit to the US in the next few weeks to reach out to American policymakers and…
Read More Trump-Wary IT Body Nasscom To Meet US Policy Makers Soon
Hoping for a "business-friendly administration", Infosys chief Vishal Sikka says Trump himself is an entrepreneur and a business leader and therefore, he "expects that this will be the case where business and innovation friendly regime." Greyhound Research Chief Analyst and…
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…
Read More Chandra-Gopi Combine Could Bring Tata Tech Units Under TCS
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…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
At Greyhound Research – the Technology & Innovation Research, Advisory & Consulting arm of Greyhound Knowledge Group – the year has started on a rather interesting note. We’ve just closed our annual study, Global CLDO Priorities 2017, and the results…
Read More Course Content In Learning Outsourcing: From A Point Of Failure To A Position Of Strength
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…
Read More Five Reasons Why Ratan Tata Picked N Chandrasekaran For The Top Job
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…
Read More With Growing Protectionist Sentiment, Indian IT Service Providers Face A Bumpy Road Ahead
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…
“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…
Read More Outlook 2017: Tech Industry Faces A Volatile Year Ahead
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…
Read More Whilst Transforming Clients, IBM India Must Also Transform Within
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…
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…
Read More Infosys’ Rs 5.9 Cr Severance Pay To Kennedy Bid To Play Safe With Trump
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…
Read More Flashback 2016: Year Of Uncertainties For IT Sector
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…
On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners. Sanchit Vir…
Read More India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment
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…
Read More Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe
