India Inc. Staff2018-05-18T13:04:36+00:00December 10th, 2016|2016, Sector Focus, Year, Yearend 2016|
Bright sunny days over, Indian IT industry braces for big churn
With revenues of $ 160 billion employing a workforce of nearly 4 million, the Indian information and technology (IT) sector is without exception the first industry that showcased India’s prowess at low cost problem solving to the wide world. Kick-started largely thanks to the Y2K scare that gripped the world in late 1990’s, India firmly established itself at the forefront of outsourcing game.
India Inc. Staff2018-09-27T13:30:55+00:00October 18th, 2016|2016, October 2016, Sector Focus, Year|
The Indian IT sector must reskill its workforce and move up the value chain if it wants to retain its dominant position in the world as well as its double digit growth rates.
On July 15, 2016 a sombre looking Vishal Sikka, the CEO and MD of Infosys Ltd, India’s second largest exporter of IT services announced the company’s first quarterly results. While revenue and profit were below market expectations, what surprised many was the downward revision of annual revenue growth forecast. Markets were swift to mete out punishment. The shares of the company crashed by about 10 per cent in a single trading session, wiping out nearly $3.5 billion in market capitalisation.
India Inc. Staff2018-05-18T13:05:45+00:00June 6th, 2016|2016, May/June 2016, USA, Year|
Against the backdrop of Indian Prime Minister Narendra Modi’s visit to the US in June, here is a very brief snapshot of some of the recent trends in the India US economic ties over the past few weeks.
India Inc. Staff2018-05-18T13:07:03+00:00August 10th, 2015|2015, India Investment Journal - V 3/I 3, Policy India, Year|
One of the world’s largest carriers, Tata Communications, is looking to offload its data centre for around $500 million in a move to cut debt.
