US Protectionism Worrying: Infosys CEO
Mar 17, 2009
Infosys CEO Kris Gopalakrishnan said increasing protectionism by the US government is a worrying sign for the Indian IT industry.In an exclusive interview, he said unemployment in the US is rising not due to outsourcing but due to job losses in...
No Cut in IT Security Budgets: McAfee
Mar 06, 2009
IT security firm McAfee said Indian IT companies are not cutting down their security spend despite the economic slowdown. CEO David DeWalt told UTVi that cyber-crime worldwide had shot up drastically during the slowdown, resulting in a loss...
Low Billings Ok to Keep Clients: Wipro
Mar 04, 2009
With its eye on the $1.6 trillion offshoring opportunity, Wipro Technologies is willing to take a cut in billing rates in the short-term to preserve long-term relationships. When IT budgets are cut, offshoring work will increase. That's the...
Infosys Hints at More Cost Cuttings
Mar 02, 2009
  After TCS on Thursday indicated various cost-cutting measures, Infosys, too, said that discretionary expenses have been drastically reduced across the company. The Infosys senior management and board members have already offered to...
Nasscom to Assess Growth Post-Satyam
Jan 15, 2009
Despite the industry classifying the Satyam case as a one-off incident, it will directly impact the IT industry yearly growth numbers. Nasscom earlier in late 2008 had lowered the growth rate to around 21-24% and now may be forced to lower the...