Page 9 - Indian It Sector

Nasscom feels attrition problem in IT sector may have hit its peak

'If one looks at the data from the top-10 IT companies for the December quarter announced recently, attrition levels seem to be plateauing if not trending down'

TCS world's second most valuable IT brand, Infosys fastest growing: Report

Indian IT firms outpace US competitors in Brand Finance IT services ranking

HCL Tech Q3: Analysts see up to 6% QoQ growth in profit; margins may expand

The median forecast of seven brokerages pegs growth in HCL Tech's Q3 consolidated net profit at 3.4 per cent on a quarter-on-quarter (QoQ) basis, at around Rs 3,350-3,400 crore.

TCS Q3 preview: Profit may rise 17% YoY; buyback quantum eyed, say analysts

The focus will be on comments on CY22 client budgets, demand trends, supply side pressures and margin outlook.

India IT services market grows by 7.3% in first half of 2021: Report

The Indian IT services market grew by 7.3 per cent in the first half of 2021, compared to the 5.7 per cent growth in the same period last year

Mid-cap IT companies' June quarter performance all about niche play

Unlike the top four or five IT players, when it comes to the mid-cap IT services players, every company has a different strategy and focus segments

TCS to invest $30-40 mn annually in global running sponsorships next 5 yrs

Tata Consultancy Services (TCS) on Wednesday said it plans to invest up to USD 40 million annually in global running sponsorships and related community programming from 2022 to 2029.

Mphasis on alpha returns: Why Blackstone finds Indian IT so attractive

The expansion of its stake in the mid-size IT services company is part of a trend of PE players betting big on the Indian IT sector

Foreign portfolio investors turn tech-lite but analysts are positive

At the end of April, 13.5 per cent of FPIs' total equity investment was in the IT sector

Parekh brings Infosys back to a position where it is bagging large deals

Analysts across the segment agree that Parekh's presence and focus on recharging the company has worked

Accenture India head Rekha Menon to take over as Nasscom chairman for FY22

She succeeds U B Pravin Rao, COO, Infosys, to become the first woman to take on this role at Nasscom; Krishnan Ramanujam of TCS is Vice Chairperson

Indian IT sector well-positioned, can double in 4-5 years: HCL Tech CEO

Indian IT players are well-positioned to capture at least 20 per cent share of the trillion-dollar incremental spend on technology over the next 4-5 years, HCL Technologies CEO C Vijayakumar said.

Explained: All you should know about America's new H-1B selection process

Here's how US plans to modify H-1B visa selection process, priorities skill and wage levels

Trump extends freeze on H-1B visas until Mar 31; IT professionals miffed

Donald Trump has extended the freeze on the most sought-after H-1B visas along with other types of foreign work visas by three months to protect American workers

Faqir Chand Kohli: All you should know about the 'Father of Indian IT '

Kohli was the founding chief executive of sector leader TCS and pioneered the country's 'Technology Revolution' which helped India build its USD 100 billion IT industry

TCS founder, Indian IT industry pioneer FC Kohli passes away at 96

"Kohli was the true pioneer of Indian IT. We have all followed in his footsteps. His contribution to the IT industry and thus to India is immeasurable," Wipro Chairman Azim Premji said in a statement

Indian IT industry looks forward to working together with new US admin

Nasscom on Sunday welcomed Joe Biden's win in the US Presidential election, and said the Indian IT industry looks forward to working with the new administration

Best of BS Opinion: Increasing visa hurdles, Trump vs Biden, and more

Here's a selection of Business Standard opinion pieces for the day

'Trump exceeded constitutional authority': Three key updates on H-1B visa

Donald Trump's order to enforce ban on US companies' favourite visa, H-1b, has been blocked by a US federal judge

Infosys becoming bellwether again, says chairman Nandan Nilekani

The firm believes the strategy it has put in place and investments it has made in the past couple of years will help it achieve the target sooner than later