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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
“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
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
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,…
Read More To Combat Market Slowdown, Nasscom Plans A US IT Show
Republican candidate Donald Trump just two days ago during his election rally had strongly criticized technology giant IBM for laying off 500 staffs working at Minnepolis located on mid-western US state of Minnesota. During his rally, Trump also had said…
Read More Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump
A visiting British Prime Minister is skipping a pilgrimage to local software companies in Bengaluru for the first time in over fifteen years. Instead, Theresa May has a trip to Dynamatics Technologies, an aerospace and hydraulic pumps manufacturer, which has…
Read More Theresa May To Skip Visit To IT firms In Bengaluru As UK Turns Protectionist
The recent change in UK visa rules announced today which created a panic among Indian IT professionals might not have a significant impact, according to experts in the industry. The UK may not be a sizeable market for India compared…
Read More UK New Visa Rules: Calm Down Folks, Indian IT Firms Won’t Be Affected
The UK government has decided to increase yearly salary threshold for technology professionals applying for visa by 44 per cent. Under the new visa rules announced last evening by the UK Home Office, anyone applying after November 24 under the…
aPM Narendra Modi’s highly ambitious Digital India Program completes a year of its existence today. In the last one year, several initiatives were announced by the government – from the launch of MyGov.in portal to BharatNet and E-sign to Wi-Fi…
Read More One Year On, What’s Plaguing Digital India’s Success?
Maharashtra CM Devendra Fadnavis recently expressed the state government’s intention to develop Pune as the startup hub for Maharashtra. He went on to say that Pune could be the startup hub of the country. Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound…
Read More Will Pune Outpace Bengaluru To Become India’s Next Startup Hub?
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…
The National Association of Software and Services Companies (Nasscom) rejected NR Narayana Murthy's comment wherein he called Indian IT firms as behaving like "immigration agents." Sanchit Gogia, chief analyst and CEO, Greyhound Research, explained that the Indian services model is just not…
Read More Nasscom rejects Murthy’s ‘immigration agents’ comment on Indian IT firms
N R N Murthy, co-founder Infosys, may have stirred up a hornet's nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa's did not yield the…
Read More Nasscom rejects Murthy’s comment calling Indian IT firms immigration agents
N R N Murthy, co-founder Infosys, may have stirred up a hornet's nest by saying Indian IT firms behave like immigration agents, but the model that he claims he created to be less dependent on visa's did not yield the…
Read More Nasscom rejects Murthy’s comment calling Indian IT firms ‘immigration agents’
When Nirmal Jain, an IBM employee, was about to be sent to Jordan on his first onsite posting, his family had serious concerns about security. However, for Jain, now 24, it was a blessing in disguise. IBM paid him a…
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…
Read More IT Industry invests in innovation to adapt to changing marketplace
Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex industry body, and Microsoft have come together to enable more than 10,000 micro, small and medium businesses across the country to adopt information technology and cloud computing. This…
Read More FISME and Microsoft to enable more than 10,000 SMBs for cloud adoption – CIO India
The online travel sector comprises more than 50 per cent of the e-commerce industry in India, which is currently estimated to be in the range of US$ 11-16 billion. Given its size and high levels of user acceptance, this segment…
Tata Consultancy Services has recorded a 30.7 per cent fall in net profit for the fourth quarter ended March 31, 2015, by a one-off bonus paid to employees, cross currency-movements and overall weakness in key sectors. “The very fact that…
Greyhound Research believes that with revenue growth of 1.1% in Q4, TCS holds a sturdy position in the market in terms of growth and competitive positioning. This growth in their revenue is surely accredited to their sharp focus on emerging…
Read More Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research’s quote on TCS Q4 result
Over the past few years, Tata Consultancy Services (TCS) has increasingly turned out to be the bellwether for the Indian IT industry, a position long held by Infosys. Sanchit Vir Gogia, CEO of Greyhound Research in post results commentary said…
Read More TCS Will Have To Run Harder To Stay Ahead Of The Pack
Tata Consultancy Services has recorded a 30.7 per cent fall in net profit for the fourth quarter ended March 31, 2015, by a one-off bonus paid to employees, cross currency-movements and overall weakness in key sectors. “The very fact that…
Riding high on Finance Minister Arun Jaitley’s apparently ‘pro-Industry’ budget, India Inc moves beyond the uncertainty of ‘will-it-won’tit?’ expecting that after a long spell of recession, better days could be just around Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound…
Six years ago, the biggest question facing the Indian industry was whether the Satyam corporate accounting fraud will slow down offshoring to home-bred IT companies. Many thought that the fraud perpetrated by B Ramalinga Raju and team would be seen…
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:…
After TCS and Mindtree set the alarm bells ringing with their cautionary outlook, exporters in the $130-billion sector are bracing for currency volatility, as global currencies have depreciated sharply against the dollar in the recent past. The slowdown can also…
Read More $130-b Software Sector Braces For Currency Correction
The $120-billion information technology industry now generates almost half of its revenue from fixed price contracts. While this indicates the rising comfort of overseas clients in dealing with Indian software providers, industry watchers feel that the trend may result in…
Read More IT Companies Now Generate Higher Revenue From Fixed Price Contracts
The $120-billion information technology industry now generates almost half of its revenue from fixed price contracts. While this indicates the rising comfort of overseas clients in dealing with Indian software providers, industry watchers feel that the trend may result in…
Read More IT Companies Now Generate Higher Revenue From Fixed Price Contracts
The $120-billion information technology industry now generates almost half of its revenue from fixed price contracts. While this indicates the rising comfort of overseas clients in dealing with Indian software providers, industry watchers feel that the trend may result in…
Read More IT Companies Now Generate Higher Revenue From Fixed Price Contracts
The Rs 1000 crore fund set aside for IT start-ups in the Budget 2015 would pave way for entrepreneurs to explore opportunities in newer sectors, provided the proposed techno-financial, incubation and facilitation programme, or Self-Employment and Talent Utilisation (SETU) does…
Read More Budget 2015: Rs 1,000 Cr Fund Is A Confidence Booster But Start-Ups Fear Red Tapism
