India IT outsourcing firms seek booster shot from Obamacare

The United States is the biggest market for the outsourcing industry, which is dominated by Tata Consultancy Services Ltd , Infosys Ltd and Wipro Ltd .

Indian IT industry body bats for net neutrality

Asserting that the all-pervasive internet had become an aspect of modern living, an Indian IT industry body on Tuesday favoured net neutrality so that it is accessible for the common good of all.

Phaneesh Murthy launches health and lifecare venture

Entering a new arena, former iGate CEO Phaneesh Murthy is launching an online market place for healthcare products and services in partnership with four professionals.

IT industry seeks duty removal to ease component imports

The Indian information technology (IT) industry is to seek the government`s help to do away with the four percent duty on imported electronics components as that is becoming counter-productive.

New US immigration system benefits Indians: Nasscom

"The new measures will protect around five million undocumented immigrants from deportation and streamline procedures to retain students and skilled workers trained in the US," Obama said on the occasion.

Microsoft to train 1 mn women under tech initiative

Software giant Microsoft, under its initiative to bring more women into the Indian IT industry, along with partners will train and mentor 1 million women in the next 12 months.

I would still lose sleep on US Immigration Bill: Nasscom chief

The US Immigration Bill, which proposes higher visa fees and enhanced audit by US agencies, is still giving "sleepless nights" and the Indian IT industry needs to keep a watch, Nasscom chief Som Mittal said.

Senate immigration bill to benefit immigrants from India: WH

The White House made its position clear on the contentious H-1B provisions of Senate version of the immigration bill.

Democrats' immigration bill rings alarm bell for Indian firms

The killer provisions are in particular related to the much-sought after H-1B and L-1 visas.

Obama renews push for immigration reforms

President Barack Obama has made a renewed push for comprehensive immigration reform, voicing support for a bill that the Indian IT industry fears would stem the flow of Indian professionals to the US.

Threats to Indian IT industry and two faces of hacking

A gang of cyber-criminals operating in 26 countries stole USD 45 million by hacking their way into a database in the second week of May 2013. Another incident which happened recently is of Rs 2.4 crore heist by cyber criminals who hacked into the Mumbai-based current account of the RPG Group of companies.

Indian IT's Big-4 build $8 billion cash chest

The country's four top IT firms -- TCS, Infosys, Wipro and HCL Technologies -- have seen their combined cash chest swell to a whopping USD 8 billion (Rs 43,200 crore), even as the overall business trends remain sluggish for the entire sector.

2013 to be a better year than 2012: Infosys

Infosys Executive co-Chairman S Gopalakrishnan Thursday said 2013 will be a better year for the USD 100 billion Indian IT industry as economic environment improves and businesses invest in technology.

2013 will be challenging, uncertain for Indian IT industry

The Indian IT industry's estimated export growth will be approximately 11 percent, down from 16 percent a year ago.

Genpact signs agreement with Calypso Technology

BPO major Genpact on Tuesday said it has signed a master partnership agreement with Calypso Technology to implement the latter's capital markets software platform for global clients.

Sibal for impetus to cloud computing

The Indian IT industry should make use of its advancement in software for developing cloud computing, a technology that can bring down cost of computing, particularly to individual entrepreneurs, Telecom and IT Minister Kapil Sibal said Tuesday.

IT industry backs Murthy, Premji on policy paralysis

The resilient Indian IT industry has shared the grave concerns expressed by Infosys' chairman emeritus N.R. Narayana Murthy and Wipro chairman Azim Premji on policy paralysis in the UPA government holding up reforms and growth.

IT enterprise market to reach Rs 1.91 lakh crore in 2012

IT spending by Indian enterprises is expected to grow by 16.4 percent to Rs 1.91 lakh crore this year, driven by investment by government, manufacturing and financial services sector, research firm Gartner said Tuesday.

Indian IT poised for second revolution: Kiran Karnik

The second phase of the infotech revolution in India - themed around innovation and creativity - is pushing IT promotion body Nasscom to focus on creating the right environment for young Indians, says its former president Kiran Karnik.

IT industry a key constituent in Indo-US ties: Rao

The Indian IT industry is a key
constituent in the growing Indo-US relationship, India`s top diplomat in Washington Nirupama Rao has said.