Page 23 - It Industry

Nasscom opposes US bill S.386, says could have damaging effect

Nasscom Vice-President and Head - Global Trade Development Shivendra Singh said Nasscom strongly supported the removal of the per country caps on green cards as was the original intent of the Bill

Budget 2020: IT firms want 15% corporate tax for services companies in SEZs

The sunset clause for SEZ nearing - March 31, 2020 - and the IT industry has been a big beneficiary of the policy

Tech Mahindra posts Q2 revenue growth of 5.1% at Rs 9,070 cr, PBT down 7.5%

A strong digital growth and new deals, however, helped it clock 5.6 per cent YoY growth in profit after tax (PAT) to Rs 1,124 crore

Whistleblower stings Infosys again; alleges irregularities in accounting

Experts say no significant diversion from past accounting practices reported by the IT firm in recent quarters

Ravi Shankar Prasad to talk sector issues with electronic industry CEOs

The meeting comes at a time when India has set its sight on creating a $400 billion (around Rs 28.43 trillion) electronic manufacturing ecosystem by 2025

Slow US economy, challenges in BFSI sector may drag IT firms in FY21

Slower growth in US economy, challenges in financial services sector may result in lower client spend

Manufacturing slowdown may cause downtime in Indian IT industry

In the June quarter of FY20, revenue from this segment grew faster than other key verticals for the top Indian IT players

IT industry on hiring spree, adds record number of employees in Q1

Around 85,000 employees added on net basis, highest in six years

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

IT majors meet Piyush Goyal, flag barriers in accessing in China market

The meeting was attended by senior managers of TCS, Satyam Venture Engineering, HCL, NIIT Tech, Infosys, Invento Robotics, Tech Mahindra and Wipro

Now, manpower crunch hits staffing solution providers in the IT industry

According to PeopleStrong's India Skills Report 2019, 60 per cent of recruiters in the sector feel they do not find the quality talent they want to hire

Mid-tier IT, BPO space sees surge in consolidation as firms chase scale

Need to garner scale, attractive valuations giving rise to consolidation in the space

IT industry likely to register strong numbers in September quarter

Falling rupee, revival in spending by BFSI and retail segments set to boost revenue

Nasscom expects revival in tech spends, demand uptick in US in FY19

Nasscom President R Chandrasekhar also exuded confidence that the industry would be able to meet this year's growth target

IT industry can soon achieve double-digit growth: Wipro's Rishad Premji

Wipro chief strategy officer feels the industry will witness a turnaround in 3-5 years

Silicon Valley take note! Korean IT industry one of the best in the world

South Korea is also home to the fastest internet on earth

Not just Donald Trump, automation is the real threat to IT jobs

Protectionism & automation make skilling India vital

Q4 results decoded: Several quarters of pain ahead for Indian IT

Some analysts say TCS could see 300 basis point hit on margins if H1B visa rules tighten as expected

Ganesh Natarajan: Challenging times ahead for Indian IT industry

Its response in the next few months may well shape the future for shareholders and employees in what has so far been a value-creating and livelihood-enabling sector for the country

Odisha forms special panel to implement IT, ESDM proposals

It's a single-window clearance committee for approval of sector-specific proposals up to Rs 50 cr