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Tough business environment for Indian IT industry looms large
Globally, concerns relating to macroeconomic stability are showing no signs of receding. Rather, commentary from Europe indicates what is in store....
Recession, forex volatility impacting India IT sector
Re fall to augur well for Indian IT cos, which earn over 50% of their revenues in greenback; Accenture’s Q3 performance indicates mixed bag for Indian...
Global VPN providers on verge of exiting India
New rules, effective from June 27, to store all VPN providers to store users’ data may affect cyber security practice, prompt many VPN providers to...
Can Indian IT industry repeat its last fiscal's growth story in FY23?
Indian IT industry has been witnessing a stellar run in the last one and a half years. The Covid pandemic-induced digital adoption drive across the...
Skill shortage still haunting IT firms
Ongoing Russia-Ukraine war further boosting offshoring biz for Indian IT sector; Govt focus on defence technology startups further adding to demand...
We're cautiously optimistic on growth prospects of Indian IT industry
Arthur D Little sees no signs yet with regard to slowdown in IT spend; Clients are increasingly spending more on cybersecurity space in recent years...
Accenture beats revenue guidance in Q2
Posts a strong revenue growth of 28% y-o-y on constant currency basis as compared to a guidance of 22-26% Total deal bookings at $19.6 bn; However,...
Growth story of Indian IT will continue: Icra
Despite the growth, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of...