Page 7 - It Firms

Nasscom for policy tweak to enable longer work-from-home scenario

Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.

Coronavirus crisis: New US visa Bill may spell trouble for IT firms

The high unemployment rate in the US because of the Covid-1l-19 crisis might make such a legislation a reality

IT firms seek higher volume of work from clients amid price discount demand

Higher volume may offset losses from delayed payment in short-term; travel & hospitality, auto cliebts make max requests for delayed payment; Large IT firms likely to gain most from price war

Employee count shows Indian IT biggies hired fewer people in March quarter

TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential basis

IT firms unlikely to resume operations instantly, to see staggered opening

Most companies are going to continue to let employees work from home

Coronavirus scare: IT services firms draw business exigency plans

With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders

Small units to be bigger as TCS revisits 2011 strategy to boost revenue

Also plans to identify the next billion-dollar bets in the digital services space

Budget 2020: IT firms want 15% corporate tax for services companies in SEZs

The sunset clause for SEZ nearing - March 31, 2020 - and the IT industry has been a big beneficiary of the policy

Data protection Bill arms Centre with exemption powers; tech firms worried

It may possibly be referred to a joint select committee subsequently

Cyber security agency cautions govt over engaging foreign IT audit firms

Cert-in, which is under the electronics and IT ministry, is the national nodal agency to secure Indian cyber space

Why IT giants are cutting jobs at mid, senior levels

Besides increasing their fresher's intake, IT giants are also aggressively localising their workforce in the US, from where they draw at least 65 per cent of total revenue

IT companies look to cut jobs at mid, senior levels in coming quarters

As hiring in US rises, with resulting cost pressure, these staffers in India are at risk; advent of digital tech another reason

Slowdown blues: Demand worries likely to dim IT firms' growth outlook

Besides slow growth in BFSI and retail verticals, deal conversion is taking time and may impact revenues and stock valuations

Tech workers backing candidates looking to break up their employers

Elizabeth Warren is outpacing all candidates in contributions from Silicon Valley, according to FEC data

Domestic IT services companies increasingly absorbing staff of clients

Experts say the recent deals by TCS and Wipro will have impact on operating margin, but it will only reflect in the third quarter of this financial year

Infosys to stay on top: Why IT company's stock outperforms its peers

Robust deal pipeline, margin gain hopes have helped it to bridge the valuation gap with TCS

Indian IT majors face employment issues with local hiring in US

Refusal by employees to relocate poses stiff challenge for tech firms

From auto to banking, grumble of slowdown is getting louder for India Inc

The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago

Client-specific risks a trip factor for IT companies, says analyst

Among Indian companies, Everest, HCL Technologies, Tata Consultancy Services and Infosys Technologies have significant exposure to Deutsche Bank

Restrictions hurting our operations in China, IT industry tells Goyal

Despite the Chinese IT services market remaining the third largest globally, investments by the Indian industry have not been able to grow owing to unique challenges faced while setting up shop