Page 37 - It Sector

Will work to re-energise growth, says new Mindtree CEO Debashis Chatterjee

Chatterjee joins Mindtree from Cognizant, where he was leading the digital systems and technology practice for Teaneck

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

Nasscom takes SME delegation to US to strengthen strategic alliances

Said to be a one-of-its-kind engagements programme, the delegation of small and medium enterprises visited several states in the US

Nasscom asks govt to reconsider clarification on intermediary services

A circular from the Central Board for Indirect Taxes and Customs that was released last week said the services offered by the IT and ITeS sectors at the back end may attract 18% GST

Intellectual property lawsuits pose risk to Indian IT firms' growth

Domestic companies may have to distinctly separate product and services businesses

Price premium concerns continue for IT sector on cramped client spending

The industry has continued to depend on execution levers like expanding margins, with the exception of TCS which made the most of rupee depreciation in FY19

Tipping point: Be wary of technology funds as sector takes a hit

The IT sector as a whole is witnessing headwinds like slowing growth and rising costs

Jobs aplenty in Indian IT sector? Know companies who are hiring the most

Aggregate employee addition by the top three Indian IT services companies jumped close to seven times in FY19

IT's raining jobs: TCS, Infosys, Wipro added 7 times more staff in FY19

Both campus hiring & localisation initiatives remain strong; further uptick on cards

IT firms compete for larger share of global engineering services contracts

According to a HFS Research report released last year, HCL Technologies was at the top spot among domestic IT services players, while it was ranked number four globally in this segment

Nasscom ends annual forecast; to only give guidance for sector from FY20

We are keen on changing the perception that revenue guidance represents, said Rishad Premji, Chairman, Nasscom

IT firms looking at executing projects with a lesser number of employees

Large Indian firms see revenue per employee growing at a steady rate

IT fortunes shifting to Indian shores as clients move to execution stage

Infosys saw $1.57-billion large deal wins across 14 clients with 30% net new TCV

After negative growth, infotech firms managed to end 2018 on positive note

Turnaround time for IT sector

From TCS to Tech Mahindra, record deals cheer IT firms in Sept quarter

TCS, the largest, attributed differentiated capabilities for its $4.9-bn deal TCV, of which $1.5 bn came from banking, financial services and insurance (BFSI) and $0.7 bn from retail

Good news for job seekers: IT hiring projected to rise in coming months

Startups will contribute substantially to the IT employment in India as the industry has an ever growing set of startups

IT, Infra sectors key to India's target of becoming $10 trn economy by 2030

India will become the third-largest construction market globally by 2022 and the real estate sector is estimated to grow to $650 bn by 2025 and surpass $850 bn by 2028, to touch $1 trn by 2030

Premiums for IT stocks may not last for long; BSE IT index up 3%

Positives already priced in despite triggers like US deal wins, rupee fall

Indian IT services companies tap e-route to retrain their workforce

TCS uses its 'Ion' platform as the backbone for its re-skilling services

From TCS to Infosys, growth bumps in legacy business hit IT majors hard

IT giants derive more than 70 per cent of their revenues from the legacy business by offering application development, maintenance and testing services to global clients