Indian IT

HCL Tech now third largest Indian IT firm, but shares fall

The company also guided for a fairly better FY20 than its large peers, forecasting a constant currency revenue growth of 14-16 per cent in rupee terms and a 13.4-15.4 per cent in dollar revenue.

published on : 11th May 2019

Indian tech startups pile on the patents

Interestingly, Indian startups filed over 200 patents, much of which came from emerging technologies such as Artificial Intelligence, Cyber Security, IoT and Cloud Computing.

published on : 11th May 2019

India and Israel should collaborate to define new norms of digital world: NASSCOM President

NASSCOM President Debjani Ghosh said that collaboration, being integral to the DNA of India and Israel, has inspired innovation.

published on : 8th March 2019

H1-B visa rule favouring advanced degree holders to impact IT companies

According to ICRA, the rule will work against the IT sector as their share of a masters degree or equivalent for H-1B visas approved was less compared to non-H-1B dependent employers.

published on : 15th January 2019

Bucking skills' shortage, attrition, Indian IT industry goes digital in 2018

In the engineering and design ecosystem, too, many things are moving from services to products and products to platforms, thanks to digital innovation, talent pool and skill sets.

published on : 27th December 2018

IT industry to infuse big bucks in automation, Artificial Intelligence in 2019

While the industry will fight data flow curbs and rising protectionism on Indian companies, it will also work on data protection and its strengthening.

published on : 25th December 2018

H-1B should attract best talent: Homeland Secretary Nielsen

"No qualified hardworking American should be forced to train their H-1B replacement, and then let go," said Nielsen.

published on : 21st December 2018

SEC charges three Indians in insider trading ring spanning three countries

The SEC obtained a court-ordered freeze of assets in three US brokerage accounts and one US bank account connected to the alleged trading.

published on : 7th December 2018

US lawsuit win: TCS says will continue to invest in people irrespective of their national origin

A California jury unanimously sided with TCS, saying the Indian company did not discriminate against non-south Asian workers in the US as alleged in a lawsuit.

published on : 29th November 2018

'Indian IT companies bullish on hiring plans for next six months' 

Corporate India's hiring intention is gearing up after the slowdown in the last few months due to the proposed visa restrictions in the US.​

published on : 29th October 2018

H-1B visa changes could benefit Indian IT professionals: Ignatius Chithelen

The new rules for the visas could raise labour costs for both technology companies and businesses using outsourcing services in the US, said Ignatius Chithelen.

published on : 28th April 2017

Trump's new order on H1B visas will hit Indian techies

Trump is expected to sign a new executive order aimed at strangulating work-visa programmes, including the H1B and L1 visas used by Indian IT professionals.

published on : 31st January 2017