News at Pareekh

Engineering Service Industry 4.0

October 2019

Automotive sector becomes the new sweet spot for IT services firms

Why the imminent global economic slowdown is a growth opportunity for Indian IT services firms

Tech Mahindra sees a return to days of larger deals

Can new CEO Brian Humphries restore Cognizant to its former glory?

Domestic IT services companies increasingly absorbing staff of clients

Infosys' Irish buy will help expand its EU customer base

Q2 results analysis: More pain in store for IT firms in 2020, say experts

Q2 earnings reflect various approaches to push revenue growth of TCS, Infy

Gartner sees Indian IT firms growing faster in 2020 on rising client spend

September 2019

Manufacturing slowdown may cause downtime in Indian IT industry

Latest PSB merger could create Rs 5,000 cr business in IT outsourcing

TCS-General Motors deal may spur a new wave

Corporate tax rate cut will give impetus to semiconductor and chip manufacturing ecosystem:Experts

IT sector sees highest-ever hires in AMJ quarter

Slow US economy, challenges in BFSI sector may drag IT firms in FY21

HCL Technologies has scope for raising growth guidance, say experts

Accenture earning, record order bookings hint at good time for IT sector

August 2019

Client-specific risks a trip factor for IT companies, says analyst

Tata Elxsi slows work on driverless car tech

Outsourcing deal concerns IT firms, weakness in BFSI could impact: Experts

Can Indian IT companies finally break into the Chinese market, the second largest in world?

Slow revenue growth of top four US banks likely to affect Indian IT firms

HCL Tech, TCS in fray to clinch $100-mn IT outsourcing deal from Fonterra

With its Microsoft partnership, Reliance could pull off a Jio in tech space

Reliance Jio-Microsoft cloud tie-up likely to hurt Amazon Web Services

Cognizant looks to raise sales headcount to spur digital revenue

IT firms see rise in bench strength due to slowdown

IT Firms Hired 85,000 Employees, Break 6-Year Hiring Record; But No One To Claim These 2.5 Lakh IT Jobs

Pink slips resurface in Indian IT industry, but for different reasons this time

July 2019

Altran to boost Capgemini's ER&D outsourcing to India

Indian IT firms unfairly targeted in Boeing 737 Max fiasco, says industry

Outsourcing deal concerns IT firms, weakness in BFSI could impact: Experts

Boeing 737 Max: Indische Ingenieure sind nicht immer schuld

Boeing 737 Max failure: Indian IT fraternity irked by the unfair blame on HCL Tech, Cyient

Indian Engineers Call Foul After Being Connected To Boeing 737 Max Failure

Patents more crucial in winning deals than revenue generation

When tech is the target: Cybercriminals look for chink in IT firms' armour

Task cut out: New Mindtree CEO will need to focus on these 3 areas

June 2019

Insourcing threat looms large over IT services providers

Intellectual property lawsuits pose risk to Indian IT firms' growth

IT service companies are buying niche firms to grow in emerging area

Why Azim Premji is the trailblazer in India's philanthropic world

New Wipro chief Rishad Premji likely to place big bets on product space

Mindtree-L&T saga: Oversight, price correction behind Nalanda's U-turn

May 2019

Insourcing threat looms large over IT services providers

Intellectual property lawsuits pose risk to Indian IT firms' growth

‘Theft’ case may leave Brand TCS bruised

Indian IT looks homeward as digital transformation kicks in

One year on, GDPR helps EU combat data privacy concerns, raises bar worldwide

What does the recent TCS lawsuit mean for the company and IT sector

Cognizant may cut jobs, mostly in India; mid-level staff to be worst hit

Price premium concerns continue for IT sector on cramped client spending

Mid-tier IT services companies hiring top executives from larger peers

How HCL Tech balances its organic and inorganic strategy will determine its growth

Indian IT has a talent challenge as engineers flock to global tech centres

Focus in select verticals and geographies have helped mid-cap IT companies drive growth

Client spend in BFSI, health care to hit IT outsourcing opportunity

IT’s new CEOs driving double-digit growth at mid-cap companies in India

April 2019

Planning for Snakes

Skill gap in cyber security hobbles IT industry

Neck-and-neck in 2007, TCS is now $9-billion ahead of Infosys in revenue

L T Technology Services Concludes 3rd Season of TECHgium® in a Grand Ceremony Announces Award.

With Salil Parekh at helm, stability back at Infosys; next move awaited

Jio has FANG, technology that will edge in every aspect of digital economy

Baring's move to buy 30% stake in NIIT Tech reflection of a new trend

Ongoing buybacks may boost Infosys shares after April 12 results

External factors add to Infosys' struggle to contain rising attrition

March 2019

IT rainmakers who engineer business

IT firms compete for larger share of global engineering services contracts

L&T launches 'Nxt' generation tech, services for Industrial clients

L&T inches closer to a deal as Mindtree shelves buyback plans

Brexit may not cut IT outsourcing, but large deals will be fewer

Wipro shedding low-margin and non-core units to match its peers

Mindtree takes share buyback route to fend off L&T; size may be Rs 1,000 cr

February 2019

Mid-tier IT firms to grow faster on strong deal win

IT firms find new ways to reskill senior and mid-level managers

Domestic IT firms may face growth headwinds in second half of 2019

TCS, HCL Tech's product play likely to eat into services revenue

IBM to contest tax demand of Rs 620 crore due to undervaluation of imports

Tech Mahindra to buyback Rs 1,956 crore worth shares at Rs 950 apiece

Wipro to sell part of its Appirio business to Alight for $110 million

January 2019

IT firms looking at executing projects with a lesser number of employees

Infosys' in classroom training drops as online activity grows

DXC Technology to acquire Luxoft for $2 billion

Major firms may report a good show in Q3 on back of large deals signed recently

Higher digital spends likely to boost IT budgets in 2019, say experts

Infosys plans less staff deployment to meet future demands, check attrition

With rise in consumer-facing biz, service firms emerge as PE sweet spot

Asian firms bet on India to set up R&D units to boost tech innovations

IT companies eye $80-billion pie as contracts up for renewal in 2019

From NEC to Fujitsu, Japanese IT firms scout for acquisitions in India

IT fortunes shifting to Indian shores as clients move to execution stage

December 2018

India's engineering footprint in Airbus & Boeing is growing

Indian IT players look at capital allocation models of foreign firms

Post HCL-IBM deal: Domestic IT sector likely to see more IP buyouts

Engineering services revenue of seven Indian companies grew at double the pace

Capgemini appoints Ashwin Yardi as India CEO, Srinivas Kandula as chairman

Wipro arm plans WINning solutions with Rockwell

Indian IT opts for nearshoring due to stricter H-1B visa norms under Trump

Tackling the product-services conundrum

HCL acquiring intellectual properties from IBM a risky bet, say experts

HCL Technologies taking more risks over product play, say experts

Serious talent crunch sees India battling to meet data skills demand

November 2018

Capgemini appoints Ashwin Yardi as India CEO, Srinivas Kandula as chairman

TCS wins US lawsuit over alleged staff discrimination

From Wipro to Infosys, IT firms to realign client base on digital push

Client insourcing hits BFSI revenues of big IT services companies

Indian engineering services firms beginning to get large deals

Big data and analytics may be the hottest sector, but India has a serious dearth of data scientists

October 2018

Fast-changing large IT services contracts come with strings attached

Indian IT companies fight back against US visa regulations

IT companies tapping startups to scale business globally

Tech companies test their smart wares on themselves first

Wipro to carve out separate business line for end-to-end HR solutions

Wipro wins biggest contract of over $1.5 billion from Alight Solutions

September 2018

Cloud business a double-edged sword for IT companies, say analysts

Wipro wins biggest contract of over $1.5 billion from Alight Solutions

HCL Technologies aims to overtake Infosys in revenue over the next 5 years

HCL Technologies eyes financial services and retail to boost income

From TCS to Infosys, growth bumps in legacy business hit IT majors hard

August 2018

HCL, TCS, Wipro up in engineering services ranking

TCS may make cognitive automation software ignio as a standalone firm

IT companies see growth deceleration in Europe though US bounces back

July 2018

Buying India-centric IT outsourcer Syntel to rev up offshore play for Atos

TCS rides on AI, big data to pip Infosys in resurgent BFSI space

June 2018

Teleperformance to buy Intelenet in 2018’s second mega BPO deal

M&As on the rise as tech companies focus on top line growth

From Mphasis to Mindtree, mid-sized IT companies focus on fewer verticals

May 2018

Capgemini employees' rant on hike light up social media

April 2018

Playing catch-up in the digital world

March 2018

India lost R&D centre crown to China last year

Japan not tapped by Indian information technology, despite opportunities

Unlike Accenture & Cognizant, 'build internal scale' approach drives TCS

January 2018

IT firms see a big spot in smart car revolution

No disruption in lives of Indian H1B visa holders, clarifies US govt