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Indian IT companies News
Indian IT companies
Coronavirus: Revenue of Indian IT services cos could be hit, says Kotak report
Thu, Mar 12, 2020
Revenue of Indian IT services companies is likely to be hit as coronavirus outbreak forces clients to enforce travel restrictions, and their deteriorating health could potentially lead to reduction in budgets, as per a report by Kotak Institutional Equities
Sweden to emerge as potential market for Indian IT sector: Nasscom
Thu, Aug 10, 2017
Nasscom's report said that Sweden being one of the highest spenders on IT among the Nordic counties could emerge as a key market for the Indian IT companies.
Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India
Sun, May 28, 2017
Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.
How a stronger Indian Rupee can hamper your career in India's IT sector
Fri, May 19, 2017
Samir Tripathi, analyst, ICICI research said, “Overall Rupee trajectory over a one year time frame is expected to be stronger than the one-year forward rates. From medium term perspective, we expect rupee to trade around 65.50 levels by March 2018 – with a variation of around 2%.”
No mass layoffs by Indian IT companies, workforce realignment happens every year: Nasscom
Sat, May 13, 2017
India's IT industry body Nasscom on Friday has issued a statement denying a mass layoffs by IT companies in the country stating that the workforce realignment linked to performance appraisal processes is a regular feature every year.
Ample opportunities in India; no need to worry about tightening visa regime: Cabinet Secretary
Sat, Apr 29, 2017
However, he observed that "we need not worry too much about the visa restrictions as we will have ample opportunities here itself".
Why India could lose its top spot in remittances to China in 2017
Wed, Apr 26, 2017
With US tightening its restrictions on Indian employees holding H-1B visas, we could see a lot of them being sent home after their visa expires.
H-1B visa: Greatly value investments by Indian companies, says US govt
Tue, Apr 25, 2017
"We greatly value Indian companies' continued investment in the US economy, which also, of course, supports thousands of US jobs," Toner said.
Nasscom hits back at US govt claims over Indian IT firms violating H-1B visa norms
Mon, Apr 24, 2017
It said that the US Department of Labor estimates that there will be about 2.4 million unfilled science, technology, engineering and mathamatics (STEM) jobs by 2018.
TCS unperturbed by possible changes to H1-B visa regime: CEO
Tue, Apr 18, 2017
"Some of these engagements actually help get that message out also. People will understand us better for who we are, and I think engagement, communication and collaboration is the best way to deal with the political lack of understanding which comes. Democracy ought to deal with the emotional response that you see and you have to get over it and engage positively," Gopinathan said.
No policy yet in US to curb visas, we are talking: Swaraj
Thu, Mar 30, 2017
External Affairs Minister Sushma Swaraj said in the Rajya Sabha that the Indian government is talking to the Trump administration as well as the US Congressmen, giving proper data and reasoning to press home the point that the relationship between Indian IT companies with the US is mutually-beneficial.
Need to scale up and ramp down H-1B visas: Senator
Wed, Mar 29, 2017
"They (H-B visa numbers) need to be scaled up and ramped down based on the needs of the US economy in the supply of the resources to fill some of the roles," Tillis said.
IT companies ganged up to keep freshers' salary low, says former Infosys CFO T V Mohandas Pai
Tue, Feb 21, 2017
Infosys former CFO T V Mohandas Pai has recently said that big Indian IT companies are coming together talking to each other not to increase freshers' salaries which is not a good sign for the Indian IT industry.
Trump's 'Buy American-hire American' pledge unnerves Indian IT
Sun, Jan 22, 2017
New US President Donald Trump's 'Buy American-hire American' rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled workers.
Trump nominee for Attorney General promises curbs on H1B visas
Thu, Jan 12, 2017
In the past both Sessions and Grassley have worked together to bring legislations on H-1B visas that badly hit Indian IT companies.