Fox Business - The Power to Prosper
Search Site

Tech Mahindra

Related Topics

Analysis: The end of Indian IT staffing as we know it

India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff.The shift by Infosys Ltd and others is symptomatic of a maturing industry that wants more revenue from its own intellectual property instead of providing only labor-intensive, lower-margin information technology and back-office services.For young graduates who see the $108 billion IT industry as a sure pathway to modern India's growing middle class, the transformation is unsettling.Dozens of industry aspirants who were recruited on campus by No. 4 player HCL Technologies recently protested outside its offices in several cities. They were offered jobs in 2011 before graduating last year but have not yet been given joining dates - or paychecks."Dear H.R. You were also a fresher... once," read a sign carried by two protesters in a photo in The Hindu newspaper.H...

Read More

  1. Bharti to Sell Part of Satellite TV Unit -Source

    Bharti Airtel Ltd. (532454.BY) is selling part of satellite television company Bharti Telemedia Ltd., according to a person with knowledge of the development.Bharti ...

  2. Tech Mahindra April-June Profit Jumps 22% on Satyam Gains

    Tech Mahindra Ltd. (532755.BY) Thursday reported a more than 22% rise in its quarterly profit as a surge in income from associate Satyam Computer Services Ltd. (5003...

  3. Tech Mahindra April-June Net Profit Rises 22% to INR3.39 Billion

    Tech Mahindra Ltd. (532755.BY) Thursday said its April-June net profit rose more than 22% from a year earlier, aided by a surge in income from associate Satyam Compu...

  4. AT&T Scouts For New Technologies In India

    AT&T Inc. (T) has short-listed four startup companies in India for technology partnerships and may invest in some of them in the future, according to company executi...

  5. Tech Mahindra Oct-Dec Net Profit Rises 7.4% on Satyam Gains

    Tech Mahindra Ltd. (532755.BY) Wednesday said third-quarter net profit rose 7.4%, aided by a surge in gains from associate Satyam Computer Services Ltd. (500376.BY),...

  6. India outsourcer Satyam's founder granted bail

    HYDERABAD, India Aug 18 (Reuters) - An Indian court granted bail to former chairman and founder of outsourcer Satyam Computer Services in a case of accounting fraud ...

Freebase CC-BY
Source: Tech Mahindra on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL