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
Analysts say that the challenging phase for the IT sector might now be over; companies could grow on a quarter-on-quarter basis
Among Indian companies, Everest, HCL Technologies, Tata Consultancy Services and Infosys Technologies have significant exposure to Deutsche Bank
The meeting was attended by senior managers of TCS, Satyam Venture Engineering, HCL, NIIT Tech, Infosys, Invento Robotics, Tech Mahindra and Wipro
Indian IT professionals are worst sufferers of current immigration system which imposes a 7% per country quota on allotment of Green Card
Margin growth in the absence of benefits from rupee depreciation will be a concern, say experts
Despite higher gross additions, growth in overall customer base has been tepid
Domestic companies may pass on benefits of falling rupee to clients
Digital revenue of Infosys grew 27 per cent to $803 million in the first quarter ended June 30, 2018
Hedging policy, an offshore-onshore business mix of domestic IT firms to be key determinants of the forex gain they accrue in Q1 of FY19
According to CRISIL, the digital services portfolio of Indian IT export have been growing at a healthy annual 30-35%
Also, a strong dollar can improve revenue growth in FY19
The IT firms are focusing on growth of digital technology services by creating platforms
Infosys had a total 1,162 clients as on March 31, 2017, while Wipro has nearly 1,300 clients
However, Lakshmikanth adds, it will be long battle as global firms command lion's share of market
The restructuring of Indian IT will have a powerful impact on jobs for the middle class
To increase local talent mix in the US like their major peer Infosys
Earlier this month, Trump had signed an order for tightening rules of H-1B visa programme
Now more organisations opt for a legal settlement to save cost, say analysts
Recent study says only 4.77% of engineering students tested can write correct code for a programme