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IT sector News
MPs call for action on banks; Tech giants to avoid IT failures
Mon, Oct 28, 2019
"They should increase the financial sector levies if greater resources are required, ensure individuals and firms are held to account for their role in IT failures, and ensure that firms resolve customer complaints and award compensation quickly," Baker said.
Exclusive: In conversation with Keshav R Murugesh, Chairman of NASSCOM.
Wed, Sep 18, 2019
In conversation with Keshav R Murugesh, Chairman of NASSCOM. He said that the economic slowdown has not affected the IT sector.
These are 5 most preferred locations in APAC for tech firms; two Indian cities make list
Mon, May 27, 2019
Bengaluru and Gurugram are among the top 5 preferred destinations in Asia Pacific to set up offices by technology companies because of better business conditions as well as availability of engineers and real estate for growth, according to a report.
Telangana IT/ITES exports grow 17% at Rs 1.09 lakh Cr in FY19
Mon, Apr 29, 2019
In 2017-18, IT/ITES exports stood at Rs 93,442 crore and added over 68,000 IT professionals in Telangana.
Hiring activity witnesses 12% growth in March led by IT industry
Mon, Apr 08, 2019
Since the beginning of the year, IT software has been on a hiring spree on the other hand, industries like auto ancillary and banking and financial services saw a dip of 8 percent and 15 percent in hiring, respectively, it said.
IT sector generated 8.73 lakh jobs in 5 years, currently employees 41.40 lakh persons: Ravi Shankar Prasad
Wed, Mar 20, 2019
Citing the data by apex industry body Nasscom, he said the IT sector has spawned 8.73 lakh jobs in the past five years under Prime Minister Narendra Modi-led government and currently provides employment to 41.40 lakh persons directly and 1.2 crore persons indirectly.
L&T initiates process to takeover Mindtree
Tue, Mar 19, 2019
L&T started the process to takeover Mindtree. This would be the first forcible takeover in the country's IT sector. Watch complete video to know more..
Indian IT sector: Globalisation 4.0 and 5G technology will bring growth for the industry this year, says Tech Mahindra's MD CP Gurnani
Sun, Jan 27, 2019
Gurnani, who served as chairman of IT industry body NASSCOM in 2016-17, said the Indian IT sector is betting big on Globalization 4.0 where global trade will be shaped mainly by the use of technology.
Career trends 2019: How to boost your job prospects
Mon, Jan 07, 2019
The year 2019 brings new hopes as well as expectations for youth and job seekers. You may also be gearing up to face job interviews, but prior to that, here are a few facts published in a Times of India report that should be taken into consideration to know future career trends: -
Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit
Mon, Apr 16, 2018
Edelweiss conviction is based on rising number and size of digital deals, recovery of spends in BFSI, retail and utilities verticals, which contribute nearly 53 per cent to Indian IT services’ revenues; and front-ending of local hiring mitigating dependency on US H1B visas.
Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating
Thu, Dec 14, 2017
Telecom sector of India received a negative outlook from the Moody's Investors Service, which said that intense competition and heavy debt loads continue to pressure cash flows, ultimately driving consolidation activity towards a three player market.
IT sector seeks govt help against protectionist policies, tax incentives
Mon, Dec 11, 2017
The IT sector representatives, however, pointed out that they would need government’s help at policy level to combat visa restrictions issues so that their economic interests are ensured.
As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students
Sun, Nov 05, 2017
Indian IT industry is in short supply of jobs to offer fresh recruits. However multinational companies are now looking to hire Indians for their operations.
Govt admits that India's IT sector is now creating less and less new jobs
Wed, Aug 09, 2017
The net additions of IT professionals has dropped since FY15 however total employees in the sector have grown in FY17.
Sad over recent IT layoffs, says Narayana Murthy
Fri, May 26, 2017
Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an email reply to a PTI query about recent IT layoffs.
Can govt's focus on job creation help Indian IT sector?
Wed, May 10, 2017
While there were worries about Indian employees of IT companies overseas losing their jobs. Now it seems that employees of IT firms within the country too are going to losing their jobs.
Indians won't be affected much by visa policy changes: Australia's Envoy
Tue, May 09, 2017
The 457 Visa programme is used mainly to hire foreign workers in the restaurant, IT and medical industries and the majority of such visa holders came from India, Britain and China.
Actual workings of visa programs are not well understood by US policymakers, says Nasscom
Mon, Mar 06, 2017
Nasscom heads met with key policymakers in the US Congress and the Trump administration today.
Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Employees prefer bonus to ESOPs in compensation: Experts
Sun, Feb 05, 2017
"We have seen a change where the ESOP component in compensation packages has dropped in startup companies. This is because they never reach the valuations they initially project and in the past year a lot of startups also had to close businesses.