To Combat Market Slowdown, Nasscom Plans A US IT Show

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,…

Wal-Mart, Flipkart Deal Talks: $1 Bn Is A Pittance But Retail Giant May Be Just Testing The Waters

India’s retail space dominated by home-grown market leader Flipkart, with Jeff Bezos-founded Amazon following it, is being infused with increased funding if one were to go by news reports that Wal-Mart is pumping in $1 billion into Flipkart. Sanchit Vir…

Will Uber come up trumps against homegrown Olacabs?

Why is taxi-hailing app Uber doubling down in India and China? Last month, the San Francisco-based company closed $1 billion in fresh funding, raising its valuation to $50 billion-plus. The fund-raising coincided with its announcement that it was going to…

How Indian IT service providers are getting cloud ready

As the IT services industry takes a different route with enterprise clients moving from traditional to cloud-based services, Indian IT service providers too are shifting gears to keep pace with their global competitors. For the IT services industry, it’s the time…

Capgemini To Become No. 3 MNC IT Employer In India

The Capgemini-IGATE merger will make the French company a leading employer of Indian engineers, thereby enabling it to better compete with domestic vendors for price-sensitive IT engagements, industry insiders feel. “Our estimate is that Capgemini-IGATE would currently employ 83,000 people…

Capgemini – IGATE Corp Deal: More MAs In India, Scramble For Clients In The Offing

Capgemini’s $4 billion offer to acquire iGATE–the largest buyout of an India-related IT services firm–could well be a harbinger of a clutch of merger and acquisition (M&A) deals involving mid-size firms, say industry watchers. “There are lots of such players…

Ola’s Buy Signals Early Shakeout In The Taxi Segment

The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…

Small Gets A Firm Start

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…

Ola’s Buy Signals Early Shakeout In The Taxi Segment

The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…

Is India a low-cost high-quality smartphone market?

While smartphone penetration across the globe is booming, India seems to be emerging as a hot spot of low-cost-high-quality smartphones, with smartphone vendors rushing to the country in a big way to join the race. “In India, only less than…

#GreyhoundInMedia: Is India a low-cost high-quality smartphone market? #Press #Media #LightReading

While smartphone penetration across the globe is booming, India seems to be emerging as a hot spot of low-cost-high-quality smartphones, with smartphone vendors rushing to the country in a big way to join the race. “In India, only less than…

#GreyhoundInMedia: Sonata Software acquires stake in US-based Rezopia #Press #Media #HinduBusinessLine

Bangalore-based Sonata Software has acquired a controlling stake in California-based Rezopia for an undisclosed sum. This will help the company build Intellectual Property (IP) and get access to clients globally. Mid-size companies are pushing hard to differentiate, gain access to IP…

#GreyhoundInMedia: 马恒达科技公司第一季度利润下降 8% #Press #Media #Cailiao

马恒达科技公司,印度第五大软件服务公司,表示第一财季盈利下降8%,错过分析师的预期,较高的签证和雇佣成本。净利润下降至631亿卢比,在三个月截止六月三十日,从去年同期的686亿卢比,该公司周四表示。利润从之前三个月上涨了2.7%。马恒达科技公司的营收同比增长24.8%,至5122亿卢比。41个调查的分析师预计收入为5078.3亿卢比,而38个分析师预计净利润为680.4亿卢比,在6月的季度。以美元计算,收入上升18.1%,至8.55亿第二季,从上一季度的3.63%。   该公司将专注于数字化的举措和物联网,所谓的互联网,并增加其在西亚,墨西哥和巴西,董事总经理兼行政总裁,CP Gurnani说。“虽然该公司已经扩增其意图,是一个新时代的系统集成和服务的数字机遇,新交易的收入仍偏向传统业务线,”首席分析师和研究公司的首席执行官,Sanchit Vir Gogia说 。 To read the Full Article, click here: Cailiao

Tech Mahindra Q1 profit falls 8% to Rs631 crore

Revenue rose 24.8% to Rs.5,122 core in the June quarter, as compared with Rs.4,103 crore in the year-ago period. Tech Mahindra Ltd, India’s fifth-largest software services company, said fiscal first-quarter profit fell 8%, missing analysts estimates, on higher visa and hiring…

#GreyhoundInMedia: Technology companies seek clarity on taxes in union budget #Press #Media #ExpressComputer

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: 5 problems Indian IT decision makers need solved from Union Budget 2014-15 #Press #Media #EconomicTimes

The newly appointed Government in India has worked like a shot in the arm for country's economy. A recent study by ASSOCHAM confirmed that this new wave of leadership for India is expected to double foreign investments to US$ 60…

#GreyhoundInMedia: Budget 2014: IT firms seek clarity on taxes, GST implementation #Press #Media #TimesOfIndia

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Strong Q1 revenues but salary hike to impact margins: Analysts #Press #Media #BusinessStandard

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech cos seek clarity on taxes, GST implementation in Budget #Press #Media #EconomyLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: IT services firms to post strong Q1 revenues #Press #Media #EconomyLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Budget 2014: Tech companies seek clarity on taxes, GST implementation #Press #Media #IndiaTvNews

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech cos seek clarity on taxes, GST implementation in Budget #Press #Media #InfotechLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Tech firms seek clarity on taxes, GST implementation in Budget #Press #Media #ZeeBiz

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Strong Q1 revenues but salary hike to impact margins: Analysts #Press #Media #FinancialChronicle

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: IT services firms to post strong Q1 revenues #Press #Media #InfotechLead

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: 5 problems IT industry wants Budget 2014 to address #Press #Media #ETCIO

The newly elected government seems to have positively affected the investment sentiments in the country. Industry body ASSOCHAM, in a report, said that the new leadership is expected to double the foreign investments to US$ 60 billion. While it is…

#GreyhoundInMedia: IT cos to see strong revenue growth but salary hike to hurt margins #Press #Media #FreePressJournal

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Budget 2014: Tech Cos Seek Clarity on Taxes, GST Implementation #Press #Media #CommunicationsToday

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: IT Firms’ Q1 Revenues Seen Strong, Salary Hike to Hurt Margins: Analysts #Press #Media #NDTVProfit

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…

#GreyhoundInMedia: Budget 2014: Tech Companies Seek Clarity on Taxes, GST Implementation #Press #Media #NDTVProfit

Healthy demand across developed markets is expected to bolster revenues of Indian IT services firms for the April-June quarter but margins may remain under pressure due to salary hikes, visa costs and a stronger rupee, market analysts have said. Greyhound Research CEO Sanchit Vir…