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 2020The 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 2019Celebrities 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 2018The headline Nikkei India Services PMI fell to 49.6 in May from 51.4 in the previous month
1 min read6 Jun 2018Still some turbulence, but the current outlook is one of cautious optimism, says software lobby group
2 min read21 Feb 2018Increasing 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 2018The 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 2017Activity 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 2017Wipro 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 2017Nasscom 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 2017The 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