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 22, 2013
India Inc gives Global Brands a Run for their Money
It is the coming of age of India Inc as Indian corporates appear to be outpacing household names in the US and Europe and are having a profound impact on the global economy. Godrej Consumer Products and Sun Pharmaceutical, along […]
Blog
December 29, 2012
TCS leases largest IT office space in Mumbai
In a dismal real estate market, Tata Consultancy Services (TCS) has signed an agreement with Neptune Developers to lease the largest IT office space in the city. TCS will take over 3.5 lakh sq ft space in Neptune Element, an […]
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 […]
BANGALORE OFFICE SPACE: A rising number of information technology firms are consolidating and re-aligning leased office spaces across the metros, hoping that the saving in rents and operating costs will help them buoy through the global economic storm. Among the […]
Blog
March 15, 2012
It's Indian IT cos vs tech MNCs in 2012
Indian IT services firms are gearing up for a slugfest with their global peers as large corporations in the US and Europe are set renew technology outsourcing contracts with a combined value of at least $19.5 billion this calendar. As […]
Blog
November 8, 2011
Cognizant confirms strong IT demand
The US-based firm, Cognizant Technology Solutions Corp. reported a 7.8% sequential growth in revenue to $1.6 billion i.e. strong earnings for the September quarter, rounding off the results season for the information technology (IT) outsourcing industry in style. The US-based […]
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