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Tag: Cognizant
Cognizant Tax Evasion Issue Unlikely To Have Significant Impact
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…
Genpact flags Trump policies a risk
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Proposed Changes to H1B Visa Norms Is An Opportunity And Not A Threat
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If Only India’s IT Companies Could Focus On Real Transformation Instead Of Appeasing Trump
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IT Firms Find Ways To Counter Visa Curbs
The software industry is facing mounting challenges as countries from Australia to the United States have moved to tighten work visas to limit the influx of foreign workers. "The sense of protectionism is becoming a global phenomenon," said Mr Sanchit…
H-1B, Singapore Protectionism: Calm Down, This Is No Do Or Die Battle, Indian IT Has Weathered Bigger Storms
With the latest missive from the Donald Trump administration on H-1B visa, cautioning companies against misuse, the immigration issues of the Indian IT sector are back in news. And it is not the US alone that is drumming up protectionism…
Trump Begins Clampdown On H-1B Visas
In a fresh blow to software professionals, the Trump administration has moved to bar entry-level programmers from the H-1B visa programme. “H-1B abuse is very high and it is important to check the abuse. All IT services players will adjust to…
Cognizant Layoffs: Gloom Continues, Jobs In Tech And IT Companies Dry Up
Cognizant, the New Jersey-headquartered software services company with most of its operations in Chennai, is likely to lay off 6,000-10,000 “ redundant and non-performing” employees. “When global competition stepped in, Indian companies went through multiple levels of devaluation – for example…
Slack-Rival Flock Gets $25 Mn From Founder For Expansion, But Is It A Good Decision?
While the startup ecosystem is struggling to keep afloat as funds are drying up, here is another story -- of a founder who believes that his company can take on global rivals, and even go global. “The winner in the…
TCS To Decide On Share Buyback Next Week
India’s largest software exporter TCS said it will consider a share buyback at a board meeting next week. “This potential buyback will give TCS shareholders a shot in the arm. It will help investor sentiments. This move will create pressure…
H1-B Visa Restrictions: Experts Say US Too Will Feel The Heat Of Donald Trump’s Plan
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…
This Country Will Be Most Impacted If US Passes New H-1B Visa Bill
It may not be a good time to be a techie in America. Correction: It may not be a good time to be a non-American in Trump's America. "Skilled foreign workers who come to work in the US by the…
What H1B Visa Reforms Mean For IT Companies
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…
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…
Course Content In Learning Outsourcing: From A Point Of Failure To A Position Of Strength
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…
Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts…
Are Indian Techies Safe Abroad?
In this era of globalization, competition is increasing in every field. In India, jobs in IT sector are multiplying day by day and the craze among the employees to go abroad is on a high note. “When companies such as…
IT Industry invests in innovation to adapt to changing marketplace
Indian software companies may not be reporting the 25 to 30 per cent growth rates they had witnessed a few years ago - and probably will never again - but they are still making rapid strides on the back of…
Analysts sceptical about Infy meeting targets
While the vision laid out by CEO Vishal Sikka for Infosys has been applauded, analysts are not convinced whether the company can achieve the set targets as it’s still in a transition phase given the changing dynamics in outsourcing. Some…
Capgemini Acquires IGATE Corp For $4 Billion
French IT-services major Capgemini on Monday announced the acquisition of US-based IGATE for $4.04 billion in a combination of cash, stock and debt deal. With this acquisition, Capgemini expects to boost its presence in North America, the largest IT-services market…
Will The New COO Rewrite Wipro’s Growth Strategy?
Abid Neemuchwala’s appointment comes at crucial time, with top executives set to retire. “It will help Kurien to focus on acquisitions and new business models,” added Sanchit Gogia, an analyst at Greyhound Research. To read the Full Article, click here:…
Next Level Is Banking By Video-Conferencing
Visiting your neighbourhood bank branch may soon be a thing of the past. With technology advancement taking place in leaps and bounds, banks are now following customers away from the 9 to 5 shift. Though video banking is making life…
Tech Mahindra Buys LCC For $240 Million In Largest Indian IT Deal This Year
In the largest acquisition in Indian software services space this year, Tech Mahindra will buy out US-based Lightbridge Communications Corporation (LCC) for US $240 million (over Rs 1,486 crore) in an all-cash deal. Greyhound Research CEO Sanchit Vir Gogia said…
Tech Mahindra buys LCC for $240 million in largest Indian IT deal this year
In the largest acquisition in Indian software services space this year, Tech Mahindra will buy out US-based Lightbridge Communications Corporation (LCC) for US $240 million (over Rs 1,486 crore) in an all-cash deal. Greyhound Research CEO Sanchit Vir Gogia said…
#GreyhoundInMedia: Cognizant to buy US-based TriZetto for $2.7 billion #Press #Media #BusinessStandard
Deal to bolster firm's position in healthcare IT. In what could strengthen its leadership in the healthcare technology space, Nasdaq-listed information technology (IT) services company Cognizant has entered into a definitive agreement to acquire US-based TriZetto in an all-cash deal valued…
#GreyhoundInMedia: Sikka at helm, it’s time to hit the Refresh key at Infy #Press #Media #GovernanceNow
For a man that Nagavara Ramarao Narayana Murthy stood out to be all through his life – one of India’s greatest entrepreneurs – the murmur was soon becoming too big and loud to bear. While Infosys’s decision last year to…
#GreyhoundInMedia: Decoding the Infy reboot #Press #Media #HinduBusinessLine
What can Vishal Sikka, an outsider with a software product background, do for Infosys that its founders haven’t been able to achieve? Venkatesh Ganesh and K Giriprakash find out. In the end, it was not an easy decision either for…
#GreyhoundInMedia: TCS May Soon Be World’s Second Biggest Tech Employer #Press #Media #BusinessInsider
TCS has become the world’s third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and…
#GreyhoundInMedia: TCS may soon be world’s second biggest tech employer #Press #Media #TimesOfIndia
TCS has become the world's third largest employer of people in the technology sector, with over 3 lakh employees. And given the pace at which it is growing, it could become the second largest employer this year, crossing Hewlett-Packard, and…