IT sector

IT sector records $11.5 bn deal value

Led by e-commerce PE investments, the technology sector in India recorded the highest deal value of USD 11.5 billion from around 400 deals in 2014, says a report.

Apr 26, 2015, 12:18 PM IST

Online hiring activity grew over 8% in February: Monster Index

Online hiring activity registered a significant uptrend in February both on monthly as well as yearly basis driven largely by sectors like telecom and IT, says a survey.

Mar 17, 2015, 15:49 PM IST

Re-skilling, not layoffs, will address new challenges: Infosys

Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape.

Feb 15, 2015, 21:55 PM IST

Re-skilling, not layoffs, will address new challenges: Infosys

Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape.

Feb 15, 2015, 12:37 PM IST

IT sector-like tax holidays to help digital cos grow: IAMAI

Incentive in the form of tax holiday would help the industry achieve its full potential by facilitating expansion, employment generation and entrepreneurship, he added.

Feb 15, 2015, 12:24 PM IST

Nasscom sees tech start-ups bloom by 2020 employing 2.5 lakh

The country will witness a mushrooming of technology start-ups over the next five years, creating massive employment opportunities, industry body Nasscom has said.

Feb 11, 2015, 17:27 PM IST

HCL sets up delivery centre in Texas; to create up to 500 jobs

Country's fourth largest software services firm HCL Technologies has set up a global delivery centre in the US and will initially create 300 jobs.

Feb 04, 2015, 11:58 AM IST

Tech Mahindra eyes diversified global workforce

Committed to a diversified global workforce, IT major Tech Mahindra chief C P Gurnani has said employees in the IT industry will have to continuously re-skill themselves as 10-15 percent technology jobs will become obsolete every year.

Jan 25, 2015, 14:48 PM IST

India seeking access for its IT sector in Chinese market

India is making all efforts to get market access for its showpiece IT sector in the Chinese state enterprises, Commerce Secretary Rajeev Kher has said.

Dec 17, 2014, 12:15 PM IST

Indian software market grows 10.7% in H1 2014: IDC

The period also saw few of the big vendors closing major deals which were in the pipeline since early 2013 but did not materialise owing to economic and political uncertainties, it added.

Dec 01, 2014, 15:51 PM IST

IT sector hiring may nearly halve by FY18: Crisil

The ongoing global weakness is forcing clients to trim their spends, which has in-turn forced IT companies to find ways to rationalise costs and ensure profitability.

Nov 10, 2014, 15:27 PM IST

Economic Survey 2013-14: Protectionism, wage inflation challenge IT-ITeS sector

India's leadership position in the IT-ITeS space globally may be well established, but challenges around protectionism, wage inflation and currency volatility need to be addressed, a government document said Wednesday.

Jul 09, 2014, 13:56 PM IST

IT, ITeS sectors expect tax relief in Budget

The IT and ITeS sectors expect a reduction in minimum alternate tax (MAT) and dividend distribution tax in the next month's Union Budget, a senior economist said Monday.

Jun 23, 2014, 21:38 PM IST