Pharmaceutical firm Novartis has picked up 8.7 lakh square feet of office space in Hyderabad in a bid to consolidate its operations in the city. “The new office space will have seating capacity for more than 8,000 employees and is […]
Blog
August 9, 2013
Outsourcing is Back—and that’s Good for Business
In a sign that technology spending by American companies is slowly returning—and that the economic recovery is on track—information-technology companies have reported surprisingly upbeat earnings this quarter. So far this earnings season, IT outsourcing firms Infosys, Wipro and Tata Consultancy […]
Blog
February 18, 2013
IT Sector Export Growth to Pick up in FY14: Nasscom
(Reuters) – Export growth from India’s IT outsourcing sector is set to accelerate in the fiscal year starting in April, an industry lobby group said on Tuesday, as hopes rise that an improving global economy will drive demand. The sector’s […]
Blog
January 23, 2013
Indian IT companies set sights on software outsourcing deals worth $50 billion in 2013
In 2013, software outsourcing deals worth nearly $50 billion ( 2.7 lakh crore) – about half the size of India‘s information technology industry- are coming up for renewal. Indian service providers are salivating at the prospect and sharpening their knives; […]
Blog
January 21, 2013
India Inc tops R&D investment growth global charts
Indian companies have come on the top globally when it comes to growth in their research and development (R&D) investments, leaving their counterparts in the US and Europe far behind, a new study by the European Commission shows. Indian firms […]
Blog
August 10, 2012
TCS, Infosys, Wipro, HCL BPOs Shine Amid IT Slowdown
BANGALORE: The IT sector is slowing down, but the business process outsourcing (BPO) segment – which has always played second fiddle to IT – has emerged as a silver lining in the cloud. In the quarter ended June, the BPO […]
Blog
May 12, 2012
Out of India: Meet tech’s latest global humanitarian
N.R. Narayana Murthy is one of the most powerful people in India. He created Infosys, one of his country’s most important companies which brought IT outsourcing in India. He sits on the boards and councils at Harvard, Yale, and Stanford, […]
Blog
May 7, 2012
For Indian IT, the Smaller the Better
“Float like a butterfly, sting like a bee,” was how heavyweight champion Muhammad Ali described his fighting style. This approach helped him overcome larger opponents such as George Foreman in 1974’s Rumble in the Jungle, and now a similar chant […]
Blog
April 4, 2012
Government to hand over 50 acres to Infosys
THIRUVANANTHAPURAM: A memorandum of understanding for handing over 50 acres of land to IT major Infosys will be signed here on Wednesday in the presence of Infosys co-chairman Kris Gopalakrishnan. It’s the second land parcel that Infosys is getting near […]
Blog
January 15, 2012
India Inc recovers 20% of market value lost in 2011
The new year seems to have begun on a good note for India Inc in the stock market, as just 10 days of trading in 2012 has helped them recover one-fifth of the total loss suffered in its valuation during […]
Recent Comments