Page 39 - It Sector

Why mutual fund managers are betting on information technology stocks

The latest round of outperformance of IT stocks comes after lackluster returns between 2014 and 2017 amid slowdown in revenue growth

Time-wise correction due in large-cap IT stocks; TCS, NIIT Tech top picks

Though analysts remain bullish on the sector, they caution against the sharp rally seen thus far in CY18

Outlook for Indian IT cautiously positive; challenges still remain: Nasscom

Chandrashekhar said outlook for the current calendar year is 'cautiously positive'

Indian IT services stocks set for turnaround in 2018: Morgan Stanley

Though the sector faces risks from automation and a slower pace of market share gains from global vendors, a cyclical rally could be in the offing

Discretionary spends, market share gains in digital to lift IT growth

Expectations for Dec quarter remain muted but March onwards looks better

IT sector seeing newer jobs: Kharge

No request for forming union under IT Act in Karnataka, he says

IT sector back on investors' radar

IT exporters are also likely to gain from a recovery in global growth

Professionals from IT, non-IT sectors sign up for data analytics

IT services industry foresees a shift in business towards digital and services delivery

Job growth in IT drops, negative in telecom: CARE

IT sector is the largest job provider in corporate India with 22.7% of the employment pie

Green shoots for the IT sector

Digital can't easily compensate for the decline of traditional business

Visa, re-skilling key challenges for IT industry: Economic Survey II

It said the Indian $150-billion IT-BPM industry is "feeling the pinch" of the global slowdown

More pressure ahead for IT sector

TCS's quarterly dollar revenues rose 2% sequentially in constant currency terms

Nifty IT falls post TCS, Infosys results; sector to underperform

So far in 2017, the index has underperformed the market by gaining 2% against 18% rise in the bench

Indian techies are taking these online courses to get reskilled amid layoffs

Building front-end and stitching it with back-end is a task that IT firms are learning the hard way

Infosys, TCS, Wipro, Tech Mahindra will not give more than 9% pay hikes

Turnaround in business is likely to bring salary increases quickly

How negative trickle-down in IT slowdown threatens India's tech hubs

The industry may add 1.3 lakh to 1.5 lakh jobs this financial year

Housing rentals may come down by 10-20% in IT hubs: Assocham

The decline may be steeper, up to 20% in Pune, in the next three quarters

TCS, Wipro seek more patents as IT firms ups R&D spend

India's IT services firms have taken different paths to drive innovation. Tata Consultancy Services, India's largest software exporter and Wipro, its smaller rival have increased spending on research and development over the last three years, filing more patents for innovation they have developed.TCS has increased its R&D expenditure to Rs 1278 crore last fiscal from Rs 909.25 crore two years ago, as it invests in newer technologies in emerging areas such as Artificial Intelligence, Data Science and High Performance computing. TCS filed 3359 patent applications in 2016-17, as against 2842 a year ago. In fiscal 2015, it filed 509 patent applications. Wipro has increased spending to Rs 333.8 crore last fiscal from Rs 251.3 crore two years ago, investing in AI, internet of things and autonomous devices. Wipro filed 603 patent applications last year, as against 514 in fiscal 2016 and 578 a year before.TCS was granted 478 patents last year up from 206 and 341 patents each in FY15 ..

Amid IT layoffs and slowdown, headhunters see surge in mid-level resumes

Some employees may also have opted for online coding jobs on a freelance basis

IT sector job decline talk is motivated: Ravi Shankar Prasad

He said that it already being an industry with an estimated worth of $400-450 billion