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EVEREST GROUP ANALYSIS
Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...- Multi-trillion-dollar climate financing gap in crucial Hindu Kush Himalayas: ReportThe Hindu Kush Himalaya region needs a massive USD 12 trillion for climate action by 2050. Current funding falls far short of this ambitiou...
- IT services firms see proactive deal renewals by clients on AI upsurgeThis is likely to see a decline of longer-tenured contracts upwards of 5-10 years with a greater number of shorter period and smaller sized...
- Red flag? IT’s slump-driven offshoring work in reverse gearOffshoring is a practice of relocating work to another country in order to cut costs and increase efficiency) and had seen an increase in t...
- GCCs on the hunt: IT companies becoming hotspots for senior talentAccording to the findings, there are about 120 top GCCs in India with some 21,000 senior executive roles, including those of vice-president...
- IT midcaps weather market storm to enter billion-dollar clubMany other mid-cap IT firms are also eyeing an entry into the billion-dollar club in the coming quarters while the above-mentioned four are...
- Why contaminated foods can easily enter your kitchenThough India has a food regulator, the actions regulators abroad take on exported foods seem to get wider attention. There is a danger of t...
- FMCG companies: Buyers aware, sellers bewareFMCG companies face quality issues and regulatory actions, risking consumer trust. Nestle India, Patnajali, Bournvita controversy, and Hind...
- Headcount falls in Q3 as tech hiring frenzy gets realThree of the companies — Infosys, HCLTech and L&T Technology Services — ended the December quarter with a higher net headcount, but the emp...
- Experts: IT's pricing gains may erode on currency headwindsTop IT companies have been reporting pricing improvement in new digital deals due to inflation adjustment across their key markets like the...
- More BFSI IT deals up for renewal this yearBSFI is increasingly seeing components of digitisation being built into larger contracts.
- Indian IT firms pay better than local companies in USReport says average wage paid by Indian cos 2% higher than median wage of $94,800.
- Techno funda: MACD shows 35 stocks are readying for big rallySome counters have also been witnessing strong volumes, confirming the emerging trend.
- Lok Capital, Chennai Angels invest Rs 5.7 crore in Everest EdusysLok Capital is backing an education startup that is creating content aimed at helping children move from learning by rote to learning by ex...
- TCS wins multi-year project from Macau telecom firmThe company in a BSE filing said that it has been "selected by CTM for a multi-year multi-million agreement for an IT and business transfor...
- Cognizant overtakes Wipro Technologies, may topple Infosys as second biggest IT exporter as early as Q3Some experts say Cognizant appears to have hit upon a winning formula of balancing customer intimacy and operational excellence.
- Outsourcing back in businessAnnual contract value (ACV) in the June quarter increased by 10%; captive operations preferred to third-party operations.
- Outsourcing back in businessThe global outsourcing industry started showing signs of recovery in the second quarter ended June although many companies now prefer capti...
- Consultants guide small IT companies into EuropeConsulting and sourcing cos such as Quint and Protiviti are helping small and medium IT and ITeS cos get a foothold in the European mkt. To...
- BE Reckoner: O&M tops for fifth year onO and M, which has topped the ranking ever since the Agency Reckoner was first introduced in '03, has again been voted as the No 1 . My fir...
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