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Committed to 6.5-8.5% revenue growth in 2017, says Infosys COO UB Pravin Rao
Thu, Jun 08, 2017
While speaking at the Morgan Stanley 19th Annual India Summit on Wednesday, Infosys COO UB Pravin Rao said that the company remains "committed" to its guidance of 6.5-8.5% revenue growth this year even as some clients ask for projects to be carried out at 30-40% lower costs than before.
IT to remain net recruiter, automation to watch out for, says Kotak Institutional Equities
Sun, May 28, 2017
Research firm Kotak Institutional Equities in its recent research note has said that the IT sector in India would continue to be a net recruiter and the automation would have significant impact on headcount in IT and BPO industry.
H-1B Visa: Nasscom pays nearly Rs 1 crore to two US lobbyists in Q1 of 2017
Sun, May 21, 2017
After a layoffs in India and and visa curbs in the US, IT industry body Nasscom has stepped up its lobbying with America and has paid a total amount of $1,50,000 (nearly Rs 1 crore) to two registered lobbyists in the country in the first quarter (Q1) of 2017.
IT Job Market: Nearly 2 lakh jobs at stake at Infosys, Cognizant, others as cos step-up American hiring
Sat, May 13, 2017
According to the news report, nearly two lakh jobs are at stake, with big-ticket companies like Infosys, Cognizant, Wipro, Tech Mahindra, others as they looking to hand over pink slips to incumbent employees and hire fewer talent.
IT industry have to live with US H-1B visa issue; local-global talent mix hiring must: Infosys
Thu, Apr 13, 2017
Infosys on Thursday said that the US H-1B visa issue is worrying for Indian IT industry which it will have to live with and should push for adopting a healthy mix of local and global talent hiring to overcome the existing challenges.
The changes proposed in allocation method will impact only fresh H1-B visa applicants, says JM Financial
Mon, Feb 06, 2017
The proposed changes in the US presidentail executive order on visa programs is likely to impact only fresh H1-B visa applicants.
H1-B visa proposed minimum wage hike negative for Indian IT industry: ICRA
Wed, Feb 01, 2017
With the US President Donald Trump is expected to sign a new executive order aimed at killing work-visa programmes including the H1-B and L1 visas as part of a larger immigration reform, the order if passed is projected to be negative in the medium to long term for the Indian IT Services sector,
HCL Technologies hiring more locals in US, says visa dependency down
Tue, Jan 24, 2017
HCL Technologies on Tuesday said it has "stepped up" efforts in the US for campus and entry-level hires to support growth in coming quarters even though a "very high percentage of employees" is already local hires.
Fearing tighter US visa regime, Indian IT firms rush to hire, acquire
Mon, Nov 28, 2016
Anticipating a more protectionist US technology visa programme under a Donald Trump administration, India's $150 billion IT services sector will speed up acquisitions in the United States (US) and recruit more heavily from college campuses there.