Eat your heart out, Stanford UNIVERSITY campuses can take a while to get going in the mornings, as students recover from extra-curricular antics. Contrast that with Ameerpet, a squeezed neighbourhood of Hyderabad that has become India’s unofficial cramming-college capital. By 7.30am the place is already buzzing as 500-odd training institutes cater to over 100,000 students looking to improve their IT skills. If there are ivory towers here, they are obscured by a forest of fluorescent billboards promising skills ranging from debugging Oracle servers to expertise in Java coding to handling Microsoft’s cloud. Expertise in the IT industry erodes fast as software programs are upgraded or become obsolete. Indian outsourcing giants such as Infosys and Wipro spend heavily to keep employees’ skills up to date. But staff looking to change their career paths—to say nothing of those who didn’t crack the interview in the first place—need rapid systems upgrades of their own. Training courses authorised by software providers exist but cost up to 375,000 rupees ($5,765). Fees at Ameerpet’s informal institutes are typically below 25,000 rupees for classes lasting...
Despite the high octane political drama surrounding the visa program, Infosys' shares have appreciated a strong 6.1% in the past three months, better than the Zacks categorized IT Services industry's average return of 4.5%.
У президента Трампа плохой старт с технологической индустрией. Его временный запрет на въезд граждан семи в основном мусульманских стран вызвал осуждение почти всех главных игроков Кремниевой долины, что почти сразу сделало реальными имевшиеся у этих фирм опасения в отношении него во время его предвыборной кампании.
Cognizant Technology Solutions Corp.'s (CTSH) fourth-quarter 2016 adjusted earnings of 76 cents per share fell short of the Zacks Consensus Estimate of 77 cents.
Cognizant Technology Solutions Corp. (CTSH) is set to report fourth-quarter 2016 results on Feb 8.
IS TRUMP GOING AFTER H1B VISAS NEXT? Trump’s Next Immigration Move to Hit Closer to Home for Tech. “If implemented, the reforms could shift the way American companies like Microsoft Corp., Amazon.com Inc. and Apple Inc. recruit talent and force wholesale changes at Indian companies such as Infosys Ltd. and Wipro Ltd. Businesses would have […]
* Says Wipro and PATH announce partnership to improve health in developing countries Source text: http://bit.ly/2jm8Dr9 Further company coverage:
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MUMBAI/BENGALURU, Jan 25 (Reuters) - Wipro, India's third-largest software services exporter, forecast muted revenue growth for its third quarter as clients in its biggest market, the United States, await clarity on business policies under the Donald Trump administration.
* Wipro Ltd CEO says expect an uptick in the CHANGE investments - statement
MUMBAI, Jan 25 (Reuters) - Wipro Ltd, India's third-largest software services exporter, reported a 5.6 percent fell in third-quarter consolidated net profit as employee costs and technical fees rose.
* Wipro Ltd Dec quarter consol net profit 21.10 billion rupees
COMPUTERS slow as they age, and before long must be replaced by newer models. Something similar is true of the business models of Indian IT firms. Specialised in running global companies’ outsourced back-offices, the likes of Infosys, Wipro and Tata Consultancy Services (TCS) used to be national champions growing at double-digit rates. Their prospects have dimmed of late; an entire industry built on the back of globalisation is fretting about the incoming American president. But Donald Trump is merely the latest threat to their operating systems. Over three decades, Indian IT has become a $140bn industry built on a simple proposition: rich-country companies could trim costs by getting tedious behind-the-scenes IT work done by cheap engineers in India. The Indian firms hoovered up bright graduates—the big three have over 700,000 employees in total—paying them starting salaries of $5,000 or so, a decent local wage. After gaining some experience, tens of thousands were dispatched to client sites in Europe or America, along with a few expensive local staff. The rest ensured their clients’ computer systems kept ticking over from cosy cubicles in...
Print section Print Rubric: Indian outsourcing specialists must upgrade their strategies Print Headline: Reboot Print Fly Title: Information technology UK Only Article: standard article Issue: The 45th president Fly Title: Reboot Location: Mumbai Main image: 20170121_WBD001_0.jpg COMPUTERS slow as they age, and before long must be replaced by newer models. Something similar is true of the business models of Indian IT firms. Specialised in running global companies’ outsourced back-offices, the likes of Infosys, Wipro and Tata Consultancy Services (TCS) used to be national champions growing at double-digit rates. Their prospects have dimmed of late; an entire industry built on the back of globalisation is fretting about the incoming American president. But Donald Trump is merely the latest ...
* Says Wipro's digital tv middleware solution powers Hisense 4K TVs Source text: http://bit.ly/2iCFtmc Further company coverage:
* Says announces agreement with Securities And Exchange Commission