Page 20 - It Sector

IT firms compete for larger share of global engineering services contracts

According to a HFS Research report released last year, HCL Technologies was at the top spot among domestic IT services players, while it was ranked number four globally in this segment

Nasscom ends annual forecast; to only give guidance for sector from FY20

We are keen on changing the perception that revenue guidance represents, said Rishad Premji, Chairman, Nasscom

IT firms looking at executing projects with a lesser number of employees

Large Indian firms see revenue per employee growing at a steady rate

IT fortunes shifting to Indian shores as clients move to execution stage

Infosys saw $1.57-billion large deal wins across 14 clients with 30% net new TCV

After negative growth, infotech firms managed to end 2018 on positive note

Turnaround time for IT sector

From TCS to Tech Mahindra, record deals cheer IT firms in Sept quarter

TCS, the largest, attributed differentiated capabilities for its $4.9-bn deal TCV, of which $1.5 bn came from banking, financial services and insurance (BFSI) and $0.7 bn from retail

Good news for job seekers: IT hiring projected to rise in coming months

Startups will contribute substantially to the IT employment in India as the industry has an ever growing set of startups

IT, Infra sectors key to India's target of becoming $10 trn economy by 2030

India will become the third-largest construction market globally by 2022 and the real estate sector is estimated to grow to $650 bn by 2025 and surpass $850 bn by 2028, to touch $1 trn by 2030

Premiums for IT stocks may not last for long; BSE IT index up 3%

Positives already priced in despite triggers like US deal wins, rupee fall

Indian IT services companies tap e-route to retrain their workforce

TCS uses its 'Ion' platform as the backbone for its re-skilling services

From TCS to Infosys, growth bumps in legacy business hit IT majors hard

IT giants derive more than 70 per cent of their revenues from the legacy business by offering application development, maintenance and testing services to global clients

TCS rides on AI, big data to pip Infosys in resurgent BFSI space

Within the BFSI segment, TCS witnessed strong traction in areas, including wealth management and compliance services, in the past quarter

IT Sector Preview: Cross currency to affect reported dollar revenue

Key things to monitor for the street from the Q1 results is likely to be the share of digital

Tamil Nadu's IT, ITeS exports pick up pace in 2017-18, grow 8.55%

This is significant as the state, facing a decline since 2014-15, had reported a modest three per cent IT-ITeS export growth rate last year

Why mutual fund managers are betting on information technology stocks

The latest round of outperformance of IT stocks comes after lackluster returns between 2014 and 2017 amid slowdown in revenue growth

Time-wise correction due in large-cap IT stocks; TCS, NIIT Tech top picks

Though analysts remain bullish on the sector, they caution against the sharp rally seen thus far in CY18

Outlook for Indian IT cautiously positive; challenges still remain: Nasscom

Chandrashekhar said outlook for the current calendar year is 'cautiously positive'

Indian IT services stocks set for turnaround in 2018: Morgan Stanley

Though the sector faces risks from automation and a slower pace of market share gains from global vendors, a cyclical rally could be in the offing

Discretionary spends, market share gains in digital to lift IT growth

Expectations for Dec quarter remain muted but March onwards looks better

IT sector seeing newer jobs: Kharge

No request for forming union under IT Act in Karnataka, he says