Foreign secretary Ranjan Mathai has expressed hope that the economic challenges in the US would not lead to protectionism and concerns of the Indian IT industry will be addressed.
Global software major Microsoft today said that for MNCs, India is no longer a preferred destination.
Reliance Industries, pulled up by the CAG for alleged contract violations of a gas block, today told a Parliamentary panel that it was not given a "fair" opportunity to be heard and the observations by the government auditor were on technical issues and not accounting.
India's second-largest IT services company, Infosys, may have sounded cautious while giving a near-flat growth guidance for the final quarter of 2012 fiscal but that has not stopped the company from going ahead with its expansion plans both in India and abroad.
India continues to remain the preferred offshoring destination for technology and service outsourcing despite political rhetoric in the developed West against it and talk that India is losing its competitive advantage for IT and back-office services,
Vivek Sinha reports.
Leader still
Despite global economic challenges, enterprises will continue to invest in Information Technology (IT) with IT spending in India projected to grow 9.1% at $79.8 billion (Rs 4,154.79 billion) in 2012.
Every few miles on the road from New Delhi to Agra, there’s a cellphone tower and a fresh-looking building. And the sign out front invariably says “school” — engineering school, biotechnology school, English-language school, business school, computer school...
Hiring has become a major concern for human resource management in the BPO industry as it grapples with the perennial problem of attrition.
Tata Consultancy Services (TCS), India's largest IT company, is looking to hedge against the rising rupee. HT reports.
Acer, one of the world’s largest computer makers, sees huge potential in smaller towns of India and expects as much as 50% of PC sales coming from cities other than the country’s top 76 cities by 2013.
India’s top three IT companies TCS, Infosys and Wipro are likely grow in double digits at least over the next few years, faster than the global industry average, credit rating agency Standard & Poor’s (S&P) said in a report.
The defining image of India's outsourcing boom has long been aroom full of English-speaking graduates sporting American-sounding first names and working the phones through the night.
IT major Infosys plans to add 600 employees to its Singapore operations to take advantage of the shift in investments from the US and Europe to Asia, The Straits Times reported on Thursday.
Communications and IT minister Kapil Sibal wants the $76-billion Indian IT industry to grow more than threefold and be worth $300 billion by 2020. Shrenik Avlani reports.
Thousands of jobs are likely to be generated in the IT sector in West Bengal in the next few years, with key players like Infosys, Cognizant and Accenture playing a major role, state IT Minister Partha Chatterjee said on Friday.