Service Industry News

Money

Economic recovery to take hold after two-three years: Survey

Only 10% of the respondents expected a quick ‘V-shaped’ recovery in the global economy, while 44% favoured a medium-term hockey-shaped recovery, which would take two-three years.

1 min read26 Jun 2020
Industry

Hiring at top IT firms rises fourfold in 2018

The top five IT firms added 99,010 employees last year to take their workforce to about 1.23 millionAnalysts say that there is no structural change to conclude that the pace of hiring will continue

3 min read11 Feb 2019
Opinion

Which celebrity can talk of right way to invest?

Celebrities should be used only at an industry level to talk on financial wellness and not at a company or scheme level

4 min read28 Jun 2018
Market

PMI: Services providers pulled down by input costs pressures

The headline Nikkei India Services PMI fell to 49.6 in May from 51.4 in the previous month

1 min read6 Jun 2018
Industry

Indian software services sector to grow 7-9% in FY19: Nasscom

Still some turbulence, but the current outlook is one of cautious optimism, says software lobby group

2 min read21 Feb 2018
Opinion

Weathering the H-1B challenge

Increasing protectionism in the West and the rise of new digital technologies pose challenges and opportunities for India's IT services industry

3 min read10 Jan 2018
Home-page

India services PMI rises in October on higher demand

The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 51.7 last month its highest since June from 50.7 in September

1 min read3 Nov 2017
Industry

GST roils India with services PMI plunging most since 2009

Activity in the key services sector plunged to 45.9 from 53.1 the lowest since September 2013 after implementation of goods and services tax (GST) as it dented demand

2 min read3 Aug 2017
Companies

Wipro continues to see volatile economic environment ahead: Azim Premji

Wipro chairman Azim Premji says despite a volatile economic environment, clients are looking to spend in technology as it is becoming a major differentiator in all businesses

2 min read19 Jul 2017
Industry

Nasscom to issue guidance, trends for IT sector tomorrow

Nasscom will announce the much awaited guidance and trends of the IT sector for the current financial year amid concerns over jobs and H-1B visas

1 min read21 Jun 2017
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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