Interview with Richard Rekhy, chief executive officer of KPMG India.
'Their dharma propels them to pay their workers; otherwise, they know the boys would starve.' 'At the same time they will not allow their business to suffer,' observes Dr Sudhir Bisht.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
Many companies are putting HR's reputation as a back office administrator to rest by either outsourcing or automating most administrative tasks.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
The biggest winner of the Tata drive to drill down innovation to every person on every shop-floor is the Tata conglomerate. While the most visible symbol of this has been the Nano, insiders say Tata has already started asking his senior executives, 'What is the next Nano?' The innovation drive is seeking to answer that question.
Large-cap plus in low-cost delivery, investment in new services adds to sectoral push
Cognizant's consulting practice today has 5,500 consultants, perhaps one of the highest numbers when compared to Indian IT players.
Employees are finding the 9 to 5 work cycles engaging anymore and are looking for greater flexibility, more challenging work, and new learnings.
After going through a series of mergers and acquisitions, Mindteck, a Bangalore-headquartered IT services company, is looking to consolidate its various businesses which will see more work being moved offshore, to locations in India.
'It is not that the H1B visa employees are coming in to displace jobs.'
Paul Coby, director of information technology at John Lewis, believes the outsourcing model of moving people or the entire IT system to a third-party vendor is no more valid and vendors need to be partners with the customer.
He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
IT-BPO exports grew at a compound annual rate of 31.6 per cent in the boom years 2004-08. But the rate fell to 16 per cent last year (2008-09) and is likely to be in single digit in the current year.
'The key is to keep the growth sustainable over a period of time.'
'The big thing is on the works on Zero Distance, the initiative to bring innovations in every project.'
The contact centre market in India is expected to see a major change in the next two years with third party service providers expected to dominate, according to a study by independent analyst firm Datamonitor.
'Localisation saves a lot of time and cost for them. Keeping an eye on a long-term market, this is the best way these car-makers can build momentum for their brands.'
The human resource business process outsourcing revenue will reach $46 billion in 2003, an 18 per cent increase over $39 billion in the previous year, according to a Gartner report.
Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground
The idea of modernising railway stations under a PPP arrangement was aired several years ago by the then railway minister, Lalu Prasad, who visualised attracting Rs 15,000 crore (Rs 150 billion) investment in 22 stations.
But Indian information technology workers might do better without the companies that held them back, says Mihir S Sharma.
Abid ali Neemuchwala's ambitious plans for Wipro.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
Truth be acknowledged, Rajinikanth is not known for wanting to leave his comfort zone to take the politico-electoral plunge, even if it meant his becoming the chief minister of a state that has conferred Tamil cinema's superstardom on him over the past 25 years. Today, his fans belong to the younger generation all right, but their numbers are far fewer than their counterparts in the '90s. They are not devoid of personal ambitions and agendas, unlike what Rajinikanh wants them to be, if he and they were to enter politics, says N Sathiya Moorthy.
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
IT majr Wipro needs stability at the top deck, say industry watchers.
The author of Riding the Indian Tiger says the inevitable end of U.S. dependence on oil will have far-reaching consequences for both consumer and producer nations
'Last year, someone told us you must remove 's' otherwise you won't perform well and we didn't perform well.' 'Obviously, that's not the reason for not performing well, but it didn't hurt us to remove the 's'.'
When the environment is one of gloom, panic and fear of the unknown, you could be paralyzed into inaction. You could crib and wait for the sentiment to change by itself. You could listen to soothsayers. Or you can choose create the future with hope, dreams and aspirations. This environment always throws up unique opportunities. It takes a visionary to see and relentlessly pursue them and achieve success, says D Rajappa.
Kolkata excels in business performance with employee headcount and number of engineering students doubling in the last five years.
The entrepreneur is endlessly curious. He will not give you copybook answers. He is in constant search of all the things he can do better than others, says Bill McDermott.
'India has 1 lawyer per 1,000 population.' 'Opportunities in the field of law are plenty.'
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