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AVASANT INDIA
Indian $245 billion IT sector swallows tougher terms amid scramble for contractsThat is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minim...- Quantum technology can add $310 billion to Indian economy by 2030In India, sectors such as manufacturing, high-tech, banking, and defence will likely lead the charge of adopting quantum technologies for c...
- Freida Pinto impresses with passionate 'Girl Rising' speech in Washington DCShe was joined by 850 guests, including major corporate and philanthropic sponsors like Audemars Piguet & Cisco.
- Infosys clients signal loyalty as top executives continue to leaveAt least 10 sr exec have left since co-founder NRN returned as executive chairman last year to help revive sales growth that lags behind TC...
- Indian IT companies tap Africa’s new-fangled fad for technologyOutsourcing advisory Everest expects revenue contribution from Africa to go up to 10-12% over the next three years from 5-10% now.
- Indian IT companies like TCS, Infosys and Wipro tap Africa’s new-fangled fad for technologyLured by the growth potential of African economies & their burgeoning interest in technology, companies are fast expanding their employee b...
- Wipro to hire 150 frontline sales staff in United StatesOver the next 3-5 months, Wipro will have hired young college graduates as well as experienced sales veterans to build up its team in US ci...
- Bank of America staff cuts spell good news for Indian IT firmsEven as the Indian companies gear up for increased business from financial clients, the demand is still being driven by a strong cost-cutti...
- Indian IT companies to gain from Bank of America job cuts“The way all these banks are cutting costs, it’s definitely good news for Indian IT, not just Infosys,” said a top official in India at a l...
- Constant change makes Infosys a poaching ground for rival companiesFive high-level exits since Narayana Murthy's return in June throws open the IT major as an attratctive talent pool for rival software comp...
- IT margins headed inexorably downwards, may fall below 20%: AnalystsThe slight improvement in profitability at Indian software services firms in the December quarter is only a flash in the pan, say analysts.
- Nasscom National Summit: For Indian IT, change’s mostly talkAs some 1,400 executives from 35 countries gathered here under the aegis of industry group Nasscom for an annual meeting.
- $100-bn roller-coaster: What lies ahead for IT services industryAnalysts expect the Indian IT services industry to witness higher visa denial rates and visa costs in 2013.
- Phaneesh Murthy's iGate story failed to impress analysts after Patni buyoutAnalysts say iGate has not only grown slower than overall IT industry but have also lost market share, taking a toll on Street's confidence...
- Mid-sized IT firms like Mindtree, NIIT and iGate sponsor events abroad to get more businessIT firms like Mindtree, NIIT and iGate are throwing big bucks around sponsoring events in US, as they step up the battle for more business.
- Tech dealmakers are shutting shop due to shrinking deal sizes & feesThe dealmaker is almost signing out with fewer deals, smaller deal-sizes and lower fees taking the zing out of their bread-and-butter busin...
- Cognizant poses challenge to Infosys, TCS in retailCognizant's revenues have doubled from the retail segment; it has eight of the top 30 global retailers among its clients.
- African cos look to ape India's outsourcing storyEmerging African nations of Ghana, Egypt and Nigeria among several others are emulating India’s offshoring success in order to attract outs...
- Flat billing rates set to squeeze IT cos’ marginsAs India’s top tech firms prepare to cope with slowdown in their key markets of US and Europe, analysts expect the billing rates for softwa...
- Cos moving out of outsourcing businessOutsourcing vendors could see more and more clients move back customer service work onshore or in-house, according to the Black Book of Out...
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