Page 29 - It Companies
Rupee's fall may not prop up the margin of IT companies: Analysts
Higher attrition, elevated sub-contracting costs and pricing pressure are likely to negate benefits from a weak domestic currency
 "Rupee's fall may not prop up the margin of IT companies: Analysts")
Rupee fall against dollar likely to spur margins of IT companies
But a weakening pound sterling may erode some of the gains
 "Rupee fall against dollar likely to spur margins of IT companies")
IT companies fume over double taxation avoidance treaty with Australia
India is the leading sourcing destination across the world, accounting for approximately 55 per cent market share of the $185-190 billion global services sourcing business in 2017-18
 "IT companies fume over double taxation avoidance treaty with Australia")
Restrictions hurting our operations in China, IT industry tells Goyal
Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop
 "Restrictions hurting our operations in China, IT industry tells Goyal")
Scarcity of talent likely to hit IT companies' forecasts for FY20
Indian IT services firms such as TCS and Infosys have announced a record number of deal closures in the past couple of quarters
Stronger rupee in Q1 may spell trouble for margins of IT companies
Wage hike in April-June and rising onsite cost regarded as other headwinds to margin profile of IT companies.
 "Stronger rupee in Q1 may spell trouble for margins of IT companies")
Margin pressures for IT companies in March quarter as business costs rise
Revenue growth, however, is expected to be robust due to a strong deal pipeline.
 "Margin pressures for IT companies in March quarter as business costs rise")
Stronger rupee, slower growth likely to hit IT firms' performance in 2019
The bigger worry is the concern around slowing growth in the US and Europe - the biggest markets of IT majors - accounting for more than 75 per cent of the revenue
 "Stronger rupee, slower growth likely to hit IT firms' performance in 2019")
IT companies eye $80-billion pie as contracts up for renewal in 2019
Indian players traditionally quite active in deal renewal space
 "IT companies eye $80-billion pie as contracts up for renewal in 2019")
Fast-changing large IT services contracts come with strings attached
Clients want to pass on risks to vendors as they push cost optimisation
 "Fast-changing large IT services contracts come with strings attached")
From TCS to Infosys, top four IT firms double net staff addition in Q2
Doubled in September quarter at top four; net rise in first half more than twice than in all of 2017-18
IT companies to benefit from currency, lower visa applications in Q1
TCS, Infy likely to post better numbers; HCL Tech may overtake Wipro in quarterly revenues
 "IT companies to benefit from currency, lower visa applications in Q1")
BFSI commentary, large deal wins to drive outlook for IT companies
Cross-currency movements expected to help Indian firms deliver strong growth in Q4FY18
 "BFSI commentary, large deal wins to drive outlook for IT companies")
IT ministry writes to nine more smartphone firms on data security
Motorola, Honor, Asus, OnePlus, InFocus have been added to list, taking the total to 30
 "IT ministry writes to nine more smartphone firms on data security")
IT majors face multiple margin issues
Slowing growth, stronger rupee and higher local hiring to pull firms down this financial year
 "IT majors face multiple margin issues")
IT firms may post poor Q4 numbers as uncertainties remain
Stronger rupee likely to take a toll; Infosys results on April 13 to be keenly watched
 "IT firms may post poor Q4 numbers as uncertainties remain")
China, Japan offer business upside for IT firms, says Kris Gopalakrishnan
Industry body Nasscom earlier this month slashed India's software export growth outlook to 8-10% for FY17
 "China, Japan offer business upside for IT firms, says Kris Gopalakrishnan")
Strategy, focus play out for mid-cap IT companies
Mid-cap infotech firms cannot be compared the way the top four IT services players can be because each of these firms has charted out its own strategy and has a niche offering
More than a slowdown
IT leaders must walk the talk on reinvention
Slow BFSI spending to hurt Q2 performance of Indian IT companies
July-September quarter witnessed strong sequential revenue growth during the period
 "Slow BFSI spending to hurt Q2 performance of Indian IT companies")