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Hoping for a "business-friendly administration", Infosys chief Vishal Sikka says Trump himself is an entrepreneur and a business leader and therefore, he "expects that this will be the case where business and innovation friendly regime." Greyhound Research Chief Analyst and…
The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals. The US…
Read More New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit
“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
On December 31, 2016, Infosys announced a sudden exit of its General Counsel and Chief Compliance Officer, David Kennedy. While no reasons have been cited by the company, per the terms of exit, Kennedy will receive aggregate severance payments of…
Winter has set in, and yet, the biting icy winds do not stop New Yorkers from getting to work. At Liberty Street, inside the Times Inc. office, there are a couple of financial service providers and media companies talking about…
Read More IT Companies Will Have To Prove Their Digital Narrative In 2017
On Dec. 8, thousands of supporters in a packed hall in Des Moines, Iowa vociferously cheered President-elect Donald Trump as he reiterated his campaign promise to bring back home millions of jobs that Americans have lost to foreigners. Sanchit Vir…
Read More India’s HCL Technologies Counters Trump-Led US Protectionist Sentiment
Software major Wipro said it had agreed to pay a civil penalty worth $5 million to the US Securities and Exchange Commission (SEC) to resolve a six-year investigation on account of embezzlement of funds by an employee. “Wipro’s decision to…
Read More Wipro To Pay $5 Mn To Close Six-Year-Old US Securities Probe
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
While it may not be one of those typical posh offices in Manhattan’s Park Avenue, the office of Wyde.com is nonetheless upscale for a small technology business. At building No. 460, Rajesh Makhija, CEO of the $50-million software product SMB,…
Read More Wyde Pitches For The Trillion-Dollar Insurance Market
Bangalore-based Infosys on Friday announced that it has invested Rs 14.5 crore (DKK 14,920,000) in a Danish-based artificial intelligence start-up UNSILO. The investment is done through Infosys innovation fund. “Directionally this is a brilliant investment given the fact a lot…
Read More Infosys Invests Rs 14.5 Crore In Danish Artificial Intelligence Start-up
The bitter boardroom battle at Tata Sons is unlikely to impact operations of the USD 100-billion conglomerate's crown jewel TCS, but if its chief N Chandrasekaran is elevated to the top at the group level, it could be a blip…
Read More Tata-Mistry Spat Unlikely To Hit TCS Operations: Analysts
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
The Royal Bank of Scotland’s decision to shelve its IT deal with Infosys may have hit the Indian company’s stocks on Tuesday but the development could have a ripple effect on many such projects for the IT sector and result…
About two years ago, Ganesh Ayyar, CEO of Mphasis Ltd, began interacting with his younger, digitally-native employees to understand the moorings of a new generation. In his interactions he noticed deep underlying currents that could completely change the way these…
Read More “The World Better Be Ready For Automation”: Ganesh Ayyar Of Mphasis
The vision plans laid out by Infosys and Wipro, which involves doubling their revenue in five years, face several challenges — from employees having to think differently, to achieving scale in new business areas. Sometime in early 2008, TCS laid out…
Indian IT services companies with software platforms could be forced to rethink their operational set up after the massive fine imposed by a Wisconsin federal jury against TCS. While TCS has denied the allegations of stealing healthcare software from American…
Read More How the TCS-Epic case could impact the IT services sector
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
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…
It’s not often that one comes across a young, new-age Research & Advisory firm which does not believe in pay-to-play, but dares to say things as they are. A firm which has not just survived but thrived, while staying fiercely…
Read More One Small Step For Me, One Giant Leap For #WorkforceTech
VMware’s mobility security company Airwatch has sold over a million licenses in India in a little over a year of operations, and is being looked at as a serious name in the mobile device management space in India. According to…
Read More With a million sales, mobility security company Airwatch gains traction
A favourite among investors at one time, Tata Consultancy Services is fast turning into a mammoth that is failing to evolve with time as others are fast catching up on the increasing demand for digital. India’s largest software exporter’s enterprise…
Read More Is TCS losing the race because of slow digital growth?
Wipro Limited on Monday announced the appointment of Abidali Z Neemuchwala as the Chief Executive Officer and Member of the Board of the country’s third-largest IT services company. Neemuchwala, who is currently Group President and Chief Operating Officer, will take…
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
Vodafone India has started talks with software major IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016, while also sounding out Wipro, Tata Consultancy Services, Infosys and Tech Mahindra,…
Read More Vodafone in talks with IBM to renew ₹6600 Cr outsourcing contract
Vodafone, one of India's top telecom operators, is now in talks with the software major IBM for the renewal of a $1 billion outsourcing contract that will expire in June next year. The mobile network operator outsources services like management of…
Read More VodafoneIn has a new ally in IBM for a whopping $1 bn deal
On 20 august — which happened to be Infosys founder N.R. Narayana Murthy’s 69th birthday — the company CEO and managing director Vishal Sikka announced a new set of services, ‘Aikido’. Named after Japanese martial art that is about defeating…
With enhanced technological advances and constantly depleting natural resources, there is an increasing need for companies to factor in alternative energy resources while not just devising new industry solutions, but also in planning organization’s sustainable future. Enterprises are now seeing the…
Read More Renewable Energy: It’s Not Just About Cost Savings
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…
Read More How Indian IT service providers are getting cloud ready
Both will acquire 50 companies this year, prompting PayTM and Amazon to draw up similar plans.There is a dearth of talent in India, more so on the engineering side because only 10 pe rcent of the Indian engineers are employable.…
