With IBM Corp. splitting its business into two companies to build focus on hybrid cloud and artificial intelligence (AI), up to one-fourth of its India employees are expected to be part of the new entity, Arvind Krishna, chief executive officer, IBM said on…
Read More IBM Business Split: One-Fourth Of India Staff May Be Part Of New Entity
While the Greyhound Research team is working on a more in-depth commentary about the IBM Split, broadly, we believe this move mirrors the tough call that IBM took ages ago when it let go of its PC business and sold…
Read More IBM Splits Into Two – Initial Thoughts By Greyhound Research
The latest changes to the H-1B visa program introduced amid a tough US presidential election campaign are expected to directly affect technology companies, foreign workers, and employers who rely on these non-immigrant US visas. “IT services providers can expect delayed decision-making and…
Last night the US administration sent yet another shock wave to the Indian IT by announcing changes to the H1B visa program again. Amongst the broader posture of clamping down aggressively on the number of visas issued, the Trump administration has…
Read More Trump Takes Another Stab At H1B Little Realizing It May Cause More Harm Than Good
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Cognizant Technology Solutions will eliminate as many as 7,000 mid-senior level jobs globally and reskill about 5,000 employees as part of a plan to save costs and simplify the company’s organizational structure. “Such layoffs are already happening quietly in the industry…
Read More Cognizant Slashes Jobs As Part Of Cost Cutting, Revamp Plan
Catch Kiran Bhagwanani, CEO - South Asia, NTT Ltd. in an exclusive conversation with Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research on #GreyhoundTV #ONTrigger, our peer-to-peer dialogue series. https://www.youtube.com/watch?v=Xuw29x1hqs8
As if Monday morning blues aren't enough to rock one's world, folks at Infosys had it worse on Monday, 21st October. At about 9 am IST, the media reported another round of supposed corporate governance issues at Infosys. And post that,…
Read More Infosys’s Battle With Corporate Governance Is Not Just It’s Own
DXC Technology plans to hire over 10000 people in India this year with a strong focus on candidates with digital technology skills, as the company looks to transform faster remain competitive. The US-headquartered tech services major, which was founded in 2017…
Read More DXC Technology To Hire 10,000 People In India With Focus On Digital
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5G technology is poised as the latest iteration of wireless network connectivity to bring out the best potential of IoT driven innovations across industry. India is pushing for a local approach in bringing standard to enable relevant use cases for wider 5G adoption.…
Read More ETTelecom 5G Congress 2019: Wider 5G Adoption Possible With Indian Standards
Exports-focused Indian IT services firms have stepped up focus on the typically smaller footprint domestic market, driven by Indian companies transforming their business using digital technology and as the government moves to use technology to improve governance. In the past…
Read More Indian IT Looks Homeward As Digital Transformation Kicks In
Vodafone Idea Limited (VIL) is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that…
Vodafone Idea is believed to have finalised a new $700-800 million (Rs4,900 crore-5,600 crore) five-year technology outsourcing contract with IBM, a deal that is expected to contribute a major part to the Rs8,400 crore annual opex savings that the telecom…
Read More Vodafone-Idea, IBM Set To Seal $700-800 Million 5-year IT Outsourcing Deal
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Bharti Airtel has temporarily extended its technology outsourcing contract with IBM till January end, and is in talks with the US firm for a new contract after that, which could be narrower in scope and lower in value, at $200-250…
Read More Airtel, IBM Tech Outsourcing Deal Extended Till Jan-end
Mphasis is eyeing double-digit revenue contribution from companies in the portfolio of Blackstone, American private equity firm that owns a majority stake in the software services firm, up from around 5% at present, said its chief executive Nitin Rakesh. Historically, the IT and business…
DXC Technology’s decision to acquire niche engineering services firm Luxoft may be considered as a step towards eventually reducing its dependency on Mphasis, said analysts. DXC, an IT and digital services company, was formed in April 2017 after the merger of CSC and the…
Read More DXC’s Acquisition of Luxoft Will Likely Reduce Its Dependency On Mphasis
Vodafone Idea Ltd. (VIL), India’s top telecom operator, may miss an internal deadline of December 2018 to finalise new IT contracts, and is holding advanced talks with US software major IBM to finalise a multi-year deal by March end, which, some estimates suggest, could…
Read More Vodafone Idea Outsourcing Deal To Exceed USD 1 Billion for IBM India
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Industry experts believe that Cognizant will not see much impact from its ongoing case with the income tax authorities in India. "Cognizant is not a company that is known to be non-compliant. That said, a company of its stature should…
Read More Cognizant Tax Evasion Issue Unlikely To Have Significant Impact
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