In 3 Years, Sikka Helps Buoy Infosys Profit

When Vishal Sikka took over at Infosys he was prescient about automation taking away jobs and clients shifting investment dollars into newer digital technologies.

If Only India’s IT Companies Could Focus On Real Transformation Instead Of Appeasing Trump

On May 02, Infosys, India’s second largest information technology (IT) company, announced that it will hire 10,000 American workers over the next two years. Three days later, on May 05, Nasdaq-listed Cognizant Technology Solutions, which has a large presence in India, also revealed plans to significantly ramp up hiring in the US. if and when they do end up attracting talent, Indian IT companies may have to pay through their nose for it.

Nightmare On IT St: Thousands To Be Sacked

Infosys, Tech Mahindra and Wipro, which went on hiring frenzies when times were good, are today in the process of laying off thousands of their workers across various locations and experience levels. Industry watchers believe that more layoffs are inevitable.

Tech Mahindra Delays Appraisals For Senior Staff As Trump Heat Adds To Worries

India’s famed multi-billion dollar information technology (IT) industry has been facing challenging times over the past 6-12 months with top-notch IT companies already facing earnings pressures in recent quarters due to tough business environment prevailing in their most lucrative US and European markets.

Trump Visa Crackdown Prods IT To Create US Jobs

With President Donald Trump making it abundantly clear that he will curb immigrant work visas to protect domestic jobs, technology outsourcing firms such as Tata Consultancy Services, Infosys and Wipro are focusing on localisation and hiring more Americans to serve their clients in the U.S.

Realigning To New H1B Realities: Infosys Announces Hiring Plans For US

On May 2, 2017 Infosys announced plans to hire 10,000 American workers over the next two years. 

At Greyhound Research we believe, steps such as these by IT Services Providers eloquently tell a tale of the pressure they are experiencing under the new Trump administration.

IT Firms Find Ways To Counter Visa Curbs

The software industry is facing mounting challenges as countries from Australia to the United States have moved to tighten work visas to limit the influx of foreign workers.

Irony Of H-1B Visa Policy: Jobs Trump Is Trying To Protect Are About To Vanish Altogether

American President Donald Trump’s policy to protect jobs by imposing restrictions on H-1B visas is unlikely to be of any help to that country and may hurt US interests, say experts. What Trump is seeking to protect are entry level jobs that are being phased out by the tech majors, with automation, artificial intelligence and robotics paving the way to increased productivity.

Suspension On Expedited H-1B Visa To Affect IT Cos

US’ decision to temporarily suspend the expedited premium processing of H-1B visas will lead to process delays for  IT firms too.

IT Firms Breathe Easy As Donald Trump Proposes Merit-Based Immigration

US President Donald Trump’s proposal for immigration reforms to encourage merit-based migration might help export-focused software and information technology (IT) sector.

H1B Visa: India Begins Dialogue With US Lawmakers

The Indian software services companies will breathe a sigh of relief as the Indian ministries, authorities and industry lobby had a dialogue with a visiting eight-member US delegation headed by Congressman Bob GoodLatte, on the ongoing concerns of H1-B visa holders.

Donald Trump’s H-1B Visa Restrictions Will Not Be A Deterrent For IT Sector; Here’s Why

Despite the impending dark overtones cast on India’s IT sector, the reality on the ground is far from anything bleak. Irrespective of the announcements from US president Donald Trump, Brexit concerns and the slowing global economy, the IT sector seems to have factored the low spell and will be only marginally impacted. The sector will likely grow 8-9 percent in FY2017E and could grow at same pace or accelerate in FY2018, according to a technology report from Kotak Instituitional Equities released a week ago.

H-1B Visas: In An Interconnected World, Why Do India’s IT Firms Still Need Them?

Donald Trump’s efforts to limit the number of temporary workers in the US will dent India’s software industry.

Indian Techies Nervous About Stay In Donald Trump’s America; Mull Passage Back Home

Indian engineers have for long viewed the US as the land of El Dorado with its promise of riches — professional and personal. But they are now a deeply worried lot as nationalist rhetoric turns shrill in Donald Trump’s America.

Trump’s ‘Buy American-Hire American’ Pledge Unnerves Indian IT

New US President Donald Trump’s ‘Buy American-hire American’ rallying cry has put the USD 150- billion Indian IT industry on edge, which is in wait-and-watch mode to see how the new administration evolves policies around outsourcing and movement of skilled workers.

New H1-B Bill: Despite Vishal Sikka’s Hopes On Trump, Indian IT Margins May Take A Hit

The Donald Trump administration which will take charge on 20 January in the US has announced that it will push for legislative measures to curb misuse of H1-B and L1 work visas significantly used by Indian IT professionals.

To Combat Market Slowdown, Nasscom Plans A US IT Show

IT industry’s representative body, National Association of Software and Services Companies (Nasscom), is exploring hosting its first IT industry event in the United States even as the sector combats the market slowdown.

Indian IT Firms Face Uphill Task For New Contracts Up For Rebid

India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as BNP Paribas, Procter & Gamble, Johnson & Johnson, Citigroup and DuPont will look at their existing contracts and ask global information technology (IT) services firms to bid for them.

Tata-Mistry Spat Unlikely To Hit TCS Operations: Analysts

The bitter boardroom battle at Tata Sons is unlikely to impact operations of the USD 100-billion conglomerate’s crown jewel TCS, but if its chief N Chandrasekaran is elevated to the top at the group level, it could be a blip on the firm’s business, say analysts.

Should The Indian IT Sector Be Vary Of New US President-Elect Donald Trump

Republican candidate Donald Trump just two days ago during his election rally had strongly criticized technology giant IBM for laying off 500 staffs working at Minnepolis located on mid-western US state of Minnesota. During his rally, Trump also had said that if he gets elected, his government will not allow companies like IBM to move jobs outside the US and they would have to pay 35 percent tax for developing products outside the US.

IBM Wins $750-million Vodafone India Contract

Vodafone India has renewed its IT outsourcing contract with IBM for another five years. The companies did not disclose the contract value.

Below are excerpts from a Greyhound Research Freemium Research Note. The complete Research Note is available here.

IBM Hybrid Cloud To Bolster Vodafone India’s Customer Engagement

IBM and Vodafone India on Tuesday announced a five-year agreement running into multi-million dollars where the software giant will manage IT services support for Vodafone India to facilitate a better customer engagement.

Below are excerpts from a Greyhound Research Freemium Research Note. The complete Research Note is available here.

Vodafone Renews IT Deal With IBM For 5 Years

According to Greyhound Research estimates, the deal has been signed in the range of $750-850 million. Telecom giant Vodafone has renewed its multi-million dollar engagement with IBM to manage IT services support for its India arm for another five years.

Below are excerpts from a Greyhound Research Freemium Research Note. The complete Research Note is available here.

The Vodafone-IBM Deal Reflects Changing CIO Mindset Towards IT Outsourcing

Vodafone India Ltd, India’s second-largest mobile-phone services company, on Tuesday renewed a multi-million-dollar agreement with International Business Machines Corp. (IBM) to manage information technology (IT) services support for its infrastructure and applications.

Below are excerpts from a Greyhound Research Freemium Research Note. The complete Research Note is available here.

Vodafone Renews Deal With IBM India To Drive Digital Transformation Outcomes

O9 August, 2016, IBM India announced the renewal of its partnership with Vodafone India.

Building on an 8-year-old relationship between the two organisations, IBM India will help Vodafone transition into IBM Hybrid Cloud. Expected benefits of this partnership includes enhanced customer experience, cost optimisation, scalability of IT infrastructure and overall improvement in efficiency of network operations.

To grow in IT, Tata Sons looks inside for a new strategy

Tata Sons is looking at implementing a group-level acquisition strategy for some of its IT needs , as it focuses on gaining better value in its technology spending, two sources with knowledge of the matter told ET.

Alibaba Eyeing Data Center in India to Take on Amazon, Microsoft

Alibaba is reportedly trying to cement its cloud business with plans to open a data center in India this year. According to Indian newspaper Business Line, China’s e-commerce titan has plans to boost its cloud computing business in India likely through an acquisition.

Alibaba to set up India data centre to take on Amazon

Chinese e-commerce giant Alibaba Group is poised to announce its India entry with a data centre. The Hangzhou-headquartered company, which is planning to enter the fledgling e-commerce market in India this year, probably through an acquisition, wants to set up a local data centre to better compete with its rivals. A similar strategy is being followed by other tech majors such as Microsoft and Amazon.

India becoming the new battlefield for data center providers

After the entry of Microsoft and IBM in the public cloud data center market, and with more to follow, the CIO will have to be a connoisseur in weighing cloud options.

Vision 2021: will Infosys, Wipro make it?

The vision plans laid out by Infosys and Wipro, which involves doubling their revenue in five years, face several challenges — from employees having to think differently, to achieving scale in new business areas. Sometime in early 2008, TCS laid out its vision of achieving $10 billion by 2009-10. However, due to the global economic crisis, India’s largest software exporter achieved this milestone only in 2011-12. Flash forward now, and Infosys, followed by Wipro, has laid out similar such targets.

Are Indian Techies Safe Abroad?

In this era of globalization, competition is increasing in every field. In India, jobs in IT sector are multiplying day by day and the craze among the employees to go abroad is on a high note.

US H-1B and L-1 visa doubling of visa fees controversial

The much reported visa fee increases for both the H-1B visa (from $2,000 to $4,000) and the L-1 visa (from $2,250 to $4,500) have unsurprisingly caused some ripples between Indian and US official bodies. This visa fee increase applies to Companies that have more than 50 employees more than 50% of which are H-1B visa employees. This affects mainly Indian owned companies in the US.

Indian IT outsourcing companies have been on an acquisition spree that will only increase in 2016

Legacy IT outsourcing companies in India continued acquiring aggressively in 2015. Most of the acquisitions were made in areas such as design and automation to help the companies cut costs, and stay ahead of the innovation curve.

Hike in US visa fee not to have major impact on Indian IT firms

The hike in visa fees by the US will not have any major impact on the Indian IT industry since the quantum of hike is not significant, say analysts.

On Friday, the US Congress doubled visa fees to $ 4,500 on the H-1B and L-1 visas citing that it will be used to fund a 9/11 healthcare act and biometric tracking system, even as President Barrack Obama’s term is coming to an end. The US House of Representative is slated to vote on the $1.1 trillion spending bill deal on Thursday.

Shares of Indian IT companies fall on US proposal to curb H-1B visas

Shares of Indian information technology (IT) companies fell on Wednesday after two US senators introduced a legislation to cut by a fifth the number of H-1B visas issued to skilled workers such as IT professionals.