Page 13 - It Companies

IT companies well positioned for strong Q3 growth on healthy deal momentum

Deal ramp-up, healthy pipeline and cost tailwinds to offset seasonally weak quarter

Indian IT firms to take a hit as Trump extends H-1B visa, green card freeze

The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year.

IT sector's return to office will be gradual, not 100% in 2021

Information technology companies' return to office in 2021 will be gradual with no perceptible change by end of March

Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more

Here are the top business headlines on Friday

IT sector likely to get a booster shot as firms plan to spend more

IT spending is expected to get a further boost as a majority of the clients would reprioritise spending to strengthen digital capabilities

IT services firms ramp up capability to protect clients from cyber threat

Major Indian firms open cyber threat management centres in US, Europe

IT company Persistent Systems to acquire Palo Alto-based Capiot

IT firm Persistent Systems on Thursday said it will acquire Palo Alto-based Capiot.

BS READS: SAAS success for firms as business jumps on the digital bandwagon

Indian firms selling SAAS products have got a bonanza as companies meet, manage and sell remotely. Yuvraj Malik explains how these companies are planning their next phase of growth

IT stks factor in most positives; pay hike, promotion surprising: Analysts

'New era' for IT companies as they do better than other sectors in the coronavirus pandemic.

Analysts expect muted YoY performance in Q2FY21 from India Inc

As regards the financial sector, analysts at Credit Suisse expect the management commentary on asset quality to turn more positive given a recent pick-up in collections

Relief for H-1B, non-immigrant visa holders as US court blocks 'fee hike'

The move offers temporary relief to non-immigrant visa holders and Indian IT companies, which are major beneficiaries of such visas

IT firms must focus on problem recognition and solution mindset: Murthy

Murthy said Indian IT companies will continue to grow anywhere between 7 to 10 per cent with operating margins being between 15 and 20 per cent

Covid-19 impact: WFH turns out cheaper and greener for IT companies

Indirect emissions account for a major chunk of emissions by Indian IT firms

IT services firms look to change staff mix by hiring more freshers

The growing share of mid-level employees is said to be one of the major reasons why these companies are facing margin pressure

Bengaluru bucks trend despite Covid-19, sees direct tax mop-up growth

With technology companies largely unaffected by the Covid-19 lockdown, Bengaluru has posted a 7 per cent increase in direct tax mop-up

K'taka for retaining leadership position in tech, innovation with IT policy

The Karnataka government aims to retain the leadership position in technology and innovation with its new IT policy for 2020-25

Infosys buys US product design firm Kaleidoscope Innovation for $42 million

Infosys announced it has acquired product design firm Kaleidoscope Innovation for $42 mn to expand its engineering service offerings in medical devices, consumer and industrial markets across America

Operating profits of manufacturing companies declined in Q4FY20: RBI

The operating profits of services companies (IT and non-IT) decelerated due to moderation in sales growth during the last quarter of 2019-20, it said

Persistent Systems' O'Connor steps down as CEO, cites personal reasons

O'Connor worked as a senior executive at IBM's internet of things (IOT) division before joining Persistent Systems.

Top headlines: Apple plans more production in India, PSB stake sale & more

From Apple planning to move 10% production to India, RBI advising the government to cut stake in PSBs to Videocon staring at liquidation, here are the top news of the day