Page 6 - Indian It Services Firms

Strong deal pipeline may boost Q1 show of IT companies: Analysts

Margins will be a concern with salary hikes and attrition taking centre-stage

Accenture Q3FY21 earnings: Five key takeaways for Indian IT companies

A strong operational performance by Accenture during Q3FY21 in its outsourcing vertical sets the tone for an upcoming earnings season for the Indian IT service companies, Edelweiss Research said

IT services major Wipro raises $750 million from overseas bond sale

The net proceeds of the notes are intended to be utilised for refinancing existing debt and general corporate purposes.

Strong focus on operational efficiency drives Mindtree profit up 54% YoY

Revenue rises 2.9%, board recommends of 175% final dividend or Rs 17.5 per share

Infosys McCamish acquires underwriting platform from STEP Solutions

Infosys McCamish Systems is a US-based subsidiary of Infosys BPM

IT-BPM sector saw recovery in revenue growth at 7.9% in FY20: Eco Survey

The Indian IT-BPM sector witnessed a recovery in revenue growth at 7.9 per cent in FY2019-20, primarily driven by a significant boost in domestic revenue, as per the Economic Survey 2020-21

Our order book is $1 bn; rolling-out salary hikes: Mindtree CEO Chatterjee

About 98% of employees of the IT services firm are working from home, but Chatterjee said he is expecting a hybrid work model would emerge

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

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

IT services firms ramp up capability to protect clients from cyber threat

Major Indian firms open cyber threat management centres in US, Europe

Indian IT cos to pay 40% higher wages due to new visa rules: US think tank

Major players likely to ramp up local hires in US and go for offshoring to dodge visa and other cost issues

TCS surpasses Accenture to become most-valuable IT services firm globally

At the last closing price of Rs 2,825, TCS was valued at $144.73 billion, (Rs 10.6 trillion), while Accenture is currently at $142.4 billion

Cash-rich IT service firms on a shopping spree, eye inorganic expansion

The top four Indian IT firms have cash reserves of nearly $15 billion

Accenture's Q4 orders, outsourcing biz growth fuel optimism for Indian IT

The better-than-expected performance in the outsourcing business has indicated the recovery of revenue growth for Indian IT firms too, and may happen sooner than expected

Covid-19 impact: Talent hunt makes BPM services companies move to 'Bharat'

Pandemic forces companies to look at setting up centres in smaller towns

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

Cash-rich Indian IT services companies go aggressive in M&A space

As capital allocation is altered, dividend payout to dip in the ongoing financial year

Covid-19 impact: IT bigwigs likely to speed up client staff absorption

Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.

Wipro sees green shoots in some verticals; net profit flat at Rs 2,390 cr

IT firm's margin expands despite revenue fall in Q1

Indian IT services firms relying less on visas as approval rates nosedive

According to the US Citizenship and Immigration Services data, the share of Indian companies among the top 10 visa recipients has dropped from 51 per cent to 24 per cent during the 2016-19 period.

Infosys expects 35% of staff to work from home amid Covid-19 crisis

More than 90 per cent of staffers of most IT services firms are working from home. The companies are in no hurry to bring them back despite the relaxation in lockdown.