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IT/BPO sector created 5.67 out of the 5.79 lakh jobs in direct worker category
The end of the STPI scheme will have a 15-20 per cent impact on profitability
Shares in Infosys fell 1.7%, also weighed down by a rise in the rupee to a six-week high
Satyam said it was also seeking declaration that Upaid, be solely responsible for any tax liability
The investment plan would not require raising additional capital, the Wall Street Journal said
In its budget last July, the government had extended tax benefits for units in STPI by a year to March 2011
Hexaware Technologies has said fourth-quarter profit more than doubled aided by cost controls, but sees sales dip in the first quarter ending March before an uptick
The firm is also looking at acquisitions in western Europe, Japan and Australia
The new recruits will join TCS from Q2 of the 2010-11 financial year (April-March)
TCS has said it is currently seeing an 8 to 10 per cent growth in domestic revenues
IBM's business has increasingly shifted to software and services from hardware over the past decade
Leadership to be split with Bill McDermott, head of field organisation, and Jim Hagemann Snabe, product development chief
Genpact needs to diversify and make big ticket acquisitions to stay ahead of the pack
Most of the Small and Medium Enterprises (SMEs) in the Information Technology (IT) sector go unnoticed when it comes to big deals
In the year to March 2010, software exports should grow 5.5%, says Nasscom
Pricing is very aggressive. So it's positive from a mass adoption perspective
