The United States and UK are the top two markets for the $190 billion Indian IT industry and the spike in Covid-19 cases has brought back concerns of a global lockdown, and how this would impact the sector. Sanchit Vir…
Read More Business As Usual For IT Companies Despite Omicron, Say Experts
The information technology (IT) industry is laying off thousands of employees across the globe and in India, on grounds of non-performance, lack of projects and rightsizing surplus staff as pressure mounts on firms due to an uncertain business environment. …
Read More IT Companies Resort To Layoffs As Pressure Mounts Due To Covid Crisis
The hunt for the right acquisition in the IT industry is expected to pick up pace as valuations are down to a historical low, with the possible merger of mid-tier players Mindtree and L&T Infotech playing out earlier than expected. …
Read More With Valuations At Historical Low, M&A Activity To Pick Up Pace In IT Industry
US President Donald Trump’s order restricting American federal agencies from hiring foreign workers, including those on the coveted H-1B visas, is likely to further squeeze Indian outsourcers as they work on many such projects either directly or as sub-contractors. …
As the proverbial light at the end of the Covid-19 tunnel increasingly seems like a mirage, with every day bringing new challenges, IT budgets are under increasing pressure. But companies are also spending on initiatives that will help them recover quickly…
Read More Companies Pivot To Digital Even As IT Budgets Are Under Pressure
In what could be a respite for Indian IT professionals and those working in the healthcare sector in US, the Trump administration has announced certain exemptions in H-1B and L-1 travel ban for those continuing employment with the same employer.…
Read More Some Relief For Indians As Trump Allows Certain Exemptions In H-1B, L-1 Ban
Roshni Nadar Malhotra, the only child of billionaire industrialist Shiv Nadar, has been named chairperson of HCL Technologies Ltd, India’s third largest information technology (IT) services firm, as part of a succession plan. “Roshni’s appointment means new blood and new…
Indian software services exporters are likely to gain from a steady shift in offshoring business of their global clients amid the upheaval caused by the coronavirus pandemic. With North America and Europe contributing as much as 60% of revenues, shifting business onshore will…
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
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…
Read More Indian IT Firms Face Uphill Task For New Contracts Up For Rebid
India's large outsourcing firms may be hesitant to give a verdict on policies of President-Elect Donald Trump when he gets into office, thanks to his anti-immigration and anti-outsourcing rhetoric that helped him win elections. But Gopi Natarajan, chief executive of…
Read More Omega Healthcare Bets On Trump Presidency To Bring Growth, Offshoring
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
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 $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
Capgemini took a little time in adopting India as its global hub for offshoring but is now going full throttle. Aruna Jayanthi, CEO of Capgemini India, still remembers the first two contracts the technology outsourcing services provider signed with overseas clients.…
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