India still big in IT services
The rise of rupee might have eroded their profit margins but it has not been able to harm their importance in the global arena. Yes I am talking about the out-of-fashion indian IT firms.
In a global survey to find the top-100 IT companies in the world, Indian companies came tops in 4 out of the 10 it-service categories.Tata Consultancy Services was rated the best performing IT services company. HCL Technologies was rated the best performing infrastructure service provider. Genpact was rated the best performing BPO provider and WNS Global Services was the rated the best performing FAO provider.
Fifty-seven per cent of IT service employees working in delivery centres were located in India. Only 18 per cent were based in the US. Need any more proof of Indian might?
In the top-100 list india was second to US alone. There were 29 firms from India compared to 4 from China? Whatever happened to the chinese threat??
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[...] TCS Cuts Employee Salary January 30th, 2008 by Sita ! 3 views TCS employees became the first casualty of the appreciating rupee and the recession in US, as in a strange move the company has given a notice to the employees about a reduction in their salary based on Q3 oerformance. It comes as a rude shock to the employees who have helped make the company one of the most respected company in the world. Ironically my previous post was about Tata Consultancy Services was rated the best performing IT services company [...]
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