Greyhound Research is a Global, Award-Winning, Technology Research, Advisory, Consulting & Education Firm
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 USD 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…
Read More IT Companies Now Generate Higher Revenue From Fixed Price Contracts
The $146 billion Indian information technology (IT) industry found the right space of recognition in the Union Budget for 2015-16 with finance minister Arun Jaitley applauding the role played by over 3,000 start-ups, a segment which is expected to be…
Finance Minister Arun Jaitley on Saturday announced the Union Budget for 2015, and the new budget comes with a number of benefits for technology companies. The public might not be so happy to see the rate for service tax inch…
If the big idea of Budget 2014, announced on 10 July, was clearly start-ups, the Bharatiya Janata Party-led National Democratic Alliance government took it a step further by announcing on Saturday an allocation of Rs.1,000 crore to enable information technology…
The Modi-led Government will present its first full Union Budget on February 28. With the promise that the new government would put technology in the forefront, the Indian IT industry has pinned hopes on the Modi government to push reforms…
Read More Budget 2015: Here’s What IT Industry Wants From You, Mr. Jaitley
In keeping with its new chief executive officer, Vishal Sikka’s vision of being more digital and introducing more automation, India’s second-largest software services exporter Infosys Ltd said on Monday it will buy automation technology company Panaya Inc. for about $200…
Read More Infosys To Buy US Automation Tech Firm Panaya For $200 MN
The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…
The National Association for Software and Services Companies expects Indian IT exports to grow 12-14% in FY16, after the industry marginally missed its growth forecast for the current financial year. The projected growth is slower than last year, raising concerns on…
Read More Nasscom Sees Flattish Export Growth Next Fiscal At 12-14 Per Cent
The $118-billion Indian information technology (IT) industry could see muted growth in the fiscal year ending March 2016, even lower than the 13-15% growth that software lobby Nasscom forecast for the current fiscal as most businesses keep a wary eye…
With the resumption of the discussions on Social Security Agreement and Bilateral Investment Agreement finding pride of place in Prime Minister Narendra Modi's announcements at the joint press meet with visiting US president Barack Obama, the country’s IT sector is…
Read More Indian IT Industry Mood Lifts on Totalisation Pact
‘Trespassers will be recruited,’ an adage that defined the hiring needs of India’s $120-billion IT services space in the last decade may no longer hold true. All indications are that frontline companies may hire fewer staffers going forward as they bring…
Read More The days of ‘big bang’ hiring by IT firms may be over
Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…
Read More Mindtree Q3 profit up 58.5%, beats market expectations
Software services company Mindtree Ltd said on Monday that its third quarter net profit rose about 58.5%, beating market expectations, helped by higher revenue from its banking, financial services and insurance, and retail, consumer packaged goods and manufacturing clients. Net…
Read More Mindtree Q3 profit up 58.5%, beats market expectations
Mindtree has reported good third quarter profits and is confident that it will beat the upper band of Nasscom’s 13-15 per cent guidance for this financial year. The Bengaluru-based mid-size company posted a net profit of 140.8 crore in the…
Google, Microsoft and IBM are trying to lure startups with lakhs of rupees worth of goodies in order to compete with Amazon, which is larger than all its competitors combined in the cloud computing space. With such offers, cloud vendors…
Indian software services exporters have begun sharpening their focus on countries like Japan, China, Malaysia, Australia and those in the Middle East, given the growth potential of these markets. Sanchit Vir Gogia, chief analyst and chief executive of Greyhound Research,…
Despite a tepid guidance for the first quarter of this year, fuelled by multi-million dollar deals in the past few months, Wipro is expected to beat Nasscom’s 13-15 per cent growth estimates for the 2015 fiscal. Analysts believe that on the…
India's largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore,…
India's largest IT services exporter, Tata Consultancy Services (TCS), has been outperforming its peers consistently and the gap with its rivals is continuing to widen. For instance, in FY10, the revenue difference between TCS and Infosys was Rs 7,559 crore,…
Despite a tepid guidance for the first quarter of this year, fuelled by multi-million dollar deals in the past few months, Wipro is expected to beat Nasscom’s 13-15 per cent growth estimates for the 2015 fiscal. Sanchit Vir Gogia of…
With the new government pushing for e-governance, government agencies have once again begun floating online tenders for information and communications technology (ICT) projects, a move that may give the domestic information technology (IT) market a much-needed fillip, according to a…
Read More #GreyhoundInMedia: e-gov projects offer Rs25,000 cr rev opportunity #Press #Media #EGov
The revenue opportunity from these projects could be as large as Rs.25,000 cr over the next few years. With the new government pushing for e-governance, government agencies have once again begun floating online tenders for information and communications technology (ICT) projects, a…
Read More #GreyhoundInMedia: Govt bodies float e-tenders for ICT projects #Press #Media #Mint
The National Democratic Alliance (NDA) government’s first railway budget, which envisages implementing Internet connectivity at stations and in trains, digitizing land records, integrating all its computer systems and achieving a paperless office in five years, has thrown up a billion…
When the Uttar Pradesh government announced a plan to distribute to laptops to students in the state last year, it was a shot in the arm for HP, the company that won the nearly Rs 2,800 crore contract to provide…
When the Uttar Pradesh government announced a plan to distribute to laptops to students in the state last year, it was a shot in the arm for HP, the company that won the nearly Rs 2,800 crore contract to provide…
