List of IT Service companies in Mumbai

Company Name : Netesoft India Ltd
Location/Registerd Office: Navi Mumbai
Website: http://www.netesoft.com

Company Name : Digital Media Imaging Ltd
Location/Registerd Office: Navi Mumbai
Website: http://www.-.com

Company Name : Reliance Tech Services Pvt Ltd
Location/Registerd Office: Navi Mumbai
Website: http://www.reliancetechservices.com

Company Name : Apex Computer & Engineering Services
Location/Registerd Office: Panaji
Website: http://www.goatelecom.com

Company Name : Financial Technologies (India) Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.ftindia.com

Company Name : ABM Knowledgeware Ltd
Location/Registerd Office: Mumbai
Website: http://www.abmindia.com

Company Name : KPMG Advisory Services Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.in.kpmg.com

Company Name : Crimson Interactive Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.crimsoni.com

Company Name : RBS Business Services Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.rbs.com

Company Name : Polo Queen Industrial and Fintech Ltd
Location/Registerd Office: Mumbai
Website: http://www.poloqueen.com

Company Name : Core Education & Technologies Ltd
Location/Registerd Office: Mumbai
Website: http://www.coreprojectstech.com

Company Name : Datacraft India Ltd
Location/Registerd Office: Mumbai
Website: http://www.datacraft-asia.com

Company Name : Omnitech Infosolutions Ltd
Location/Registerd Office: Mumbai
Website: http://www.omnitechindia.com

Company Name : Systems Plus Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.spluspl.com

Company Name : EXON Solutions Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.exon.in

Company Name : Atos India Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.atosorigin.com

Company Name : Cybertech Systems and Software Ltd
Location/Registerd Office: Mumbai
Website: http://www.cybertech.com

Company Name : Zenith Infotech Ltd
Location/Registerd Office: Mumbai
Website: http://www.zenithinfotech.com

Company Name : Softlink Logistic Systems Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.softlinkglobal.com

Company Name : RTEngines Software Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.rtengines.com

Company Name : eClerx Services Ltd
Location/Registerd Office: Mumbai
Website: http://www.eclerx.com

Company Name : XS CAD India Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.xscadindia.com

Company Name : Nexsus Techno Solutions Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.nexsussolutions.com

Company Name : Maersk Global Service Centres (India) Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.maerskline.com

Company Name : Quinnox Consultancy Services Ltd
Location/Registerd Office: Mumbai
Website: http://www.quinnox.com

Company Name : Prudence Techsol Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.prudencetech.net

Company Name : Winsoft Technologies India Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.winsoftech.com

Company Name : Highbar Technologies Ltd
Location/Registerd Office: Mumbai
Website: http://www.highbartechnologies.com

Company Name : Trigyn Technologies Ltd
Location/Registerd Office: Mumbai
Website: http://www.trigyn.com

Company Name : Colgate Palmolive India Ltd
Location/Registerd Office: Mumbai
Website: http://www.colgate.co.in

Company Name : Blue Star Infotech Ltd
Location/Registerd Office: Mumbai
Website: http://www.bsil.com

Company Name : aurionPro Solutions Ltd
Location/Registerd Office: Mumbai
Website: http://www.aurionpro.com

Company Name : H5 Asia Pacific Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.h5asiapacific.com

IT Services Salem

Company Name : Mukesh & Associates
Location/Registerd Office: Salem
Website: http://www.mukeshassociates.com

List of IT Service companies in Hyderabad

Company Name : ProMinds Consulting Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.promindsglobal.com

Company Name : Open Text Technologies India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.opentext.com

Company Name : E.I. DuPont Services Centre India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.dupont.com

Company Name : IIC Services (India) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.iicindia.com

Company Name : Ecomnets Technologies India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.ecomnets.com

Company Name : Progress Software Development Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.progress.com/india

Company Name : Invensys Development Centre India (P) Ltd
Location/Registerd Office: Hyderabad
Website: http://www.invensys-idc.com

Company Name : FLATMIND IT Solutions Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.flatmindtech.com

Company Name : UTL Technologies Ltd
Location/Registerd Office: Hyderabad
Website: http://www.utlindia.com

Company Name : Konylabs IT Service Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.konysolutions.com

Company Name : AppLabs Technologies Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.applabs.com

Company Name : Incessant Technologies Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.incessanttechnologies.com

Company Name : Crane Global Solutions Ltd
Location/Registerd Office: Hyderabad
Website: http://www.cgslimited.com

Company Name : Deloitte Consulting India (P) Ltd
Location/Registerd Office: Hyderabad
Website: http://www.deloitte.com

Company Name : ESN Technologies (I) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.esntechnologies.com

Company Name : Vedicsoft India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.vedicsoft.com

Company Name : Microsoft India (R&D) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.microsoft.com/india/indiadev

Company Name : D E Shaw India Software Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.deshawindia.com

Company Name : Cura Technologies Ltd
Location/Registerd Office: Hyderabad
Website: http://www.softprosys.com

Company Name : F-Secure India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.f-secure.in

Company Name : Facebook India Online Services Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.facebook.com

Company Name : Pennywise Solutions Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.pennywisesolutions.com

Company Name : Oakton Global Technology Services Centre (India) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.oakton.com.au

Company Name : Anthelio Business Technologies Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.antheliohealth.com

Company Name : Andhra Pradesh Technology Services Ltd
Location/Registerd Office: Hyderabad
Website: http://www.apts.gov.in

Company Name : Liquidhub India Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.liquidhub.com

Company Name : KouLa IT Solutions Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.klitsolutions.com

Company Name : Ctrl S Datacenters Ltd
Location/Registerd Office: Hyderabad
Website: http://www.ctrls.in

Company Name : CNO IT Services (India) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.codelinks.com

Company Name : Electronic Arts Games (India) Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.ea.com

IT Services Durgapur

Company Name : Trulogix Information Systems Pvt Ltd
Location/Registerd Office: Durgapur
Website: http://www.trulogix.in

IT Services Calicut

Company Name : Aufait Technologies Pvt Ltd
Location/Registerd Office: Calicut
Website: http://www.aufait.in

List of IT Service companies in Chennai

Company Name : Kaycees Healthsoft India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.healthsoftusa.com

Company Name : Botree Software International Ltd
Location/Registerd Office: Chennai
Website: http://www.botree.co.in

Company Name : ZANEC Soft Tech Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.zanec.com

Company Name : NTrust Infotech Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.ntrustinfotech.com

Company Name : Niteo Technologies (P) Ltd
Location/Registerd Office: Chennai
Website: http://www.niteo.com

Company Name : Kallos Solutions Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.kserve.net

Company Name : Vayana India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://vayana.in

Company Name : Congruent Info-Tech Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.congruentindia.com

Company Name : Hot Courses India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.hotcourses.co.in

Company Name : Sundaram Infotech Solutions (A Division of Sundaram Finance Ltd)
Location/Registerd Office: Chennai
Website: http://www.sundaraminfotech.com

Company Name : Sryas Software Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.sryas.com

Company Name : Insoft.com Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.insoft.com

Company Name : Sella Servizi Bancari S.C.P.A
Location/Registerd Office: Chennai
Website: http://www.sella.it

Company Name : Xybion India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.xybion.com

Company Name : iSOFT R&D Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.isofthealth.com

Company Name : Expertus Infotech Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.expertus.com

Company Name : Kryptos Consulting Services Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.kryptos.in

Company Name : Future Focus Infotech Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.focusinfotech.com

Company Name : Origin Learning Solutions Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.originlearning.com

Company Name : Kaavian Systems Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.kaaviansys.com

Company Name : Temenos India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.temenos.com

Company Name : Drivestream India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.drivestream.com

Company Name : Institute for Information Industry (India Branch Office)
Location/Registerd Office: Chennai
Website: http://www.iii.org.tw

Company Name : Maarga Information Systems Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.maargasystems.com

Company Name : Winsar Infosoft Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.winsarinfo.com

Company Name : 4i Apps Solutions Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.4iapps.com

Company Name : Element K India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.elementk.com

Company Name : Data Software Research Company (International) Ltd
Location/Registerd Office: Chennai
Website: http://www.dsrc.com

Company Name : Ellaar Infotek Solutions Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.ellaarinfotek.com

Company Name : Tharakan Web Innovations Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.myeasydocs.com

Company Name : Seventhsense Technologies Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.7stl.com

Company Name : EscrowTech India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.escrowtech.in

Company Name : 8KMiles Web Services Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.8kmiles.com

Company Name : TouchPoint Solutions India Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.touchpointindia.com

Company Name : eFocus Informatix Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.efocusinfo.com

Company Name : Ascenders Technologies Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.ascenderstech.com

Company Name : Prodapt Solutions Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.prodapt.com

Company Name : ValueSource Technologies Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.valuesource.in

Company Name : Akmin Technologies Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.akmin.com

Company Name : Consim Info Pvt Ltd
Location/Registerd Office: Chennai
Website: http://www.consim.com

Company Name : Servion Global Solutions Ltd
Location/Registerd Office: Chennai
Website: http://www.servion.com

Engineering/Embedded/R&D, IT Services, Staffing Services & Solutions

Company Name : Mindteck (India) Ltd
Location/Registerd Office: Bengaluru
Website: http://www.mindteck.com

Real Estate & Infrastructure (software) companies in India

Company Name : Software Technology Parks Of India
Location/Registerd Office: New Delhi
Website: http://www.stpi.in

Company Name : Paharpur Business Centre (A Div. of Chemical Metallurgical Design Co. Ltd)
Location/Registerd Office: New Delhi
Website: http://www.pbcnet.com

Company Name : A N Buildwell Pvt Ltd
Location/Registerd Office: New Delhi
Website:

Company Name : DLF Cyber City Developers Ltd
Location/Registerd Office: Gurgaon
Website: http://www.dlf.in

Company Name : Jones Lang Lasalle Property Consultants (India) Ltd
Location/Registerd Office: Gurgaon
Website: http://www.jllm.co.in

Company Name : Bharti Realty Ltd
Location/Registerd Office: Gurgaon
Website: http://www.bhartirealty.com

Company Name : Bharti Realty Holdings Ltd
Location/Registerd Office: Gurgaon
Website: http://www.bhartirealty.com

Company Name : Ascendas Services (India) Pvt Ltd
Location/Registerd Office: Bengaluru
Website: http://www.ascendas.com/india

Company Name : Forum IT Parks Pvt Ltd
Location/Registerd Office: Kolkata
Website: http://www.forumprojects.in

Company Name : West Bengal Electronics Industry Development Corporation Ltd
Location/Registerd Office: Kolkata
Website: http://www.webel-india.com

Company Name : Infinity Infotech Parks Ltd
Location/Registerd Office: Kolkata
Website: http://www.infinityitpark.com

Company Name : TECHNOPARK (Electronics Technology Parks - Kerala)
Location/Registerd Office: Thiruvananthapuram
Website: http://www.technopark.org

Company Name : Indu Projects Ltd
Location/Registerd Office: Hyderabad
Website: http://www.induprojects.com

Company Name : NSL Infratech Pvt Ltd
Location/Registerd Office: Hyderabad
Website: http://www.nslinfratech.com

Company Name : L&T Infocity Ltd
Location/Registerd Office: Hyderabad
Website: http://www.ltinfocity.com

Company Name : K Raheja Realty Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.kraheja.com

Company Name : HCC Real Estate Ltd
Location/Registerd Office: Mumbai
Website: http://-

Company Name : Tishman Speyer India Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.tishmanspeyer.com

Company Name : APW President Systems Ltd
Location/Registerd Office: Mumbai
Website: http://www.apwpresident.com

Company Name : Lodha Developers Ltd
Location/Registerd Office: Mumbai
Website: http://www.lodhagroup.com

Company Name : Godrej Properties Ltd
Location/Registerd Office: Mumbai
Website: http://www.godrejproperties.com

Company Name : Maharashtra Industrial Development Corporation
Location/Registerd Office: Mumbai
Website: http://www.midcindia.org

Company Name : BNP Paribas Real Estate & Infrastructure Advisory Services Pvt Ltd
Location/Registerd Office: Mumbai
Website: http://www.realestate.bnpparibas.com

Company Name : Shapoorji Pallonji & Company Ltd
Location/Registerd Office: Mumbai
Website: http://www.spinfocity.com

Company Name : Infoparks, Kerala
Location/Registerd Office: Ernakulam
Website: http://www.infoparkkochi.com

Company Name : Mahindra World City Jaipur Ltd
Location/Registerd Office: Jaipur
Website: http://www.mahindraworldcity.com/jaipur

Information security skills is extremely weak in India

India's talent pipeline in information security skills is extremely weak, according to 'The Talent Crisis in Infosec, Report by EC Council (International Council of Electronic Commerce Consultants), October 2013'. This could cast a shadow on the government, business and individuals. WHAT IS INFOSEC? Information security is the practice of protecting information from unauthorised access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction. Protecting confidential information is a business, ethical and legal requirement. DEMAND IS BIG... By 2015, India will need at least 5,00,000 cyber professionals. Government, IT/ ITeS, financial institutions, telecom organisations and hospitals are more vulnerable to cyber threats. Read more at: http://economictimes.indiatimes.com/articleshow/26006979.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Companies plan to dole out big bonuses this year

When your moneybags are full, your aspirations get a booster dose; so do their hopes. Marketers around the country are giving last minute touches to their plans to woo you with their goodies this festival season—and why not?

The party just got bigger this year, after three years of calm. Companies are claiming they will shower their employees with bonuses and increments as they move into higher profit zones, and you are probably more confident as a buyer than ever before.

At the country’s biggest retailer, Future Group, 24 hours in a day seem too less for the employees these days. The production, operations and marketing teams are working overtime to meet festival season deadlines. Unlike the organisers of the Commonwealth Games in Delhi, they cannot afford last-minute makeovers. They also can’t leave snags and pass the buck around. This is one opportunity they just can’t miss.

Rajan Malhotra, president (strategy) for the group, which owns retail brands such as Pantaloon, Big Bazaar and Food Bazaar, sounds confident. He has planned higher volumes of merchandising and inventory to back this bullish sentiment.

Malhotra’s optimism stems from unexpected high volume sales in Kerala during Onam last week, which he believes will replicate during the festivals in other parts of the country, over the next three-four months.

He also expects more companies to dole out bonuses and increments to their employees this year than the past two years.

“All that will enthuse the consumer to spend more, especially on high value products,” he says. If Malhotra’s assessment is correct, fast moving consumer goods (FMCG) and consumer electronics firms, jewellers and carmakers, among others, are moving into the fast lane.

Agrees Sudhanshu Vats, vice-president of the home and personal care division of Hindustan Unilever, India’s biggest FMCG firm.

“We expect consumer sentiments to be robust and bullish this festive season unlike the past two years when emotions were circumspect,” he says. The Indian arm of Unilever Plc is expecting 40% year-on-year sales growth during this year’s festival period. “We have geared production to meet the demand pull, both from urban and rural markets,” says Vats.

Seasonality in consumer buying behaviour has changed over the past few years with premium or even middle-class consumers no more waiting for the festival season to make purchases.

But consumers of mass products such as refrigerators or flat screen TVs wait for an auspicious period, especially in tier II and III cities, and that form the bulk of the market.

So, production is being ramped up at India’s biggest consumer electronics and home appliances maker, LG Electronics India. Says LK Gupta, the company’s chief marketing officer, “This is indeed a revival, with a growth of 30% after two years of circumspect spending by consumers. Salaries are rising and businesses are looking up.” Such claims by India’s top marketers may not be unfounded.

A quick survey by SundayET and consulting firm Manpower has revealed that 56% of India Inc are planning to give out bonuses this year—in the range of 10-27%. As high as 80% of the companies said their employees can expect an increment. Increments will range anywhere between 7-15%.

This wasn’t the case in the last two years, when a US-triggered recession had a rub-off effect in India. While some companies pruned workforce and cut salaries, some others decided not to give out increments and bonuses. Needless to say, this had a major impact on consumer spending.

Google buys Aardvark 'social search' service

Internet giant Google has bought Aardvark, a "social search" service that relies on a user's contacts to provide answers to questions.

"I can confirm that we have signed an agreement with Google," Aardvark co-founder and chief technology officer Damon Horowitz said. "We can't comment further at this time."

Technology blog TechCrunch put the purchase price at around $50 million.

San Francisco-based Aardvark was founded in 2007. Its co-founders include former members of Google.

Aardvark uses the contacts in a person's network to provide answers to questions via the Web at Vark.Com, instant messaging, email or Twitter.

In a recent blog post, Aardvark said it had more than 90,000 users in October 2009 and 87.7 per cent of the questions sent to Aardvark received answers from a friend or a friend of a friend.

Aardvark said 75 per cent of the users who asked Aardvark a question also answered a question for someone else.

The company boasts a technical team of "over 20 people, including engineers from each of Silicon Valley's major technology companies" and its website lists several job vacancies.

Google chief executive Eric Schmidt said in a conference call with analysts last month that the Mountain View, California, company planned to acquire about one company a month this year.

Siemens makes India R&D hub

Siemens AG, a global powerhouse in electronics, electrical engineering and health care, is making India a major hub for research and development of medical diagnostic tools, using Computer Aided Design (CAD).

The US-based Siemens Medical Solutions, which established a CAD Group in 1995, had over 60 per cent of its engineers and scientists working in Chennai and Bangalore, said Arun Krishnan, head and co-founder of CAD Group, Siemens Medical Solutions. The CAD Group employs over 100 engineers and scientists, who work together with various information technology and other diagnostics research projects of Siemens Healthcare.

It had 150 research and development locations in over 30 countries around the world, employing over 32,300 people. The Germany-based company spent over ¤3.8 billion in a year on R&D, he said.

The CAD Group will hire more scientists and engineers in the near future on a project to project basis, said the scientist, who was honoured as ‘Inventor of the Year 2009’ by Siemens. A scientist with more than 59 inventions and 21 patents to his credit, Arun Krishnan said his CAD Group has so far developed seven CAD-aided imaging tools , used in digital chest X-Ray machines, CT scanners, mammography and virtual colonography to accurately detect breast cancer, colon cancer, lung cancer and clots in the lungs.

Further, the Group is working on four more next-generation imaging tools, with CAD as the mainstay.

“In future, diagnostics imaging software will provide doctors with accurate data on the disease and its condition, analyzing the disease history of the patient, than just offering an image to the doctor. We are also working on such projects,” he said.

TCS, Infosys and Wipro hiring staff as US demand grows

Country's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the US, send more work offshore to cut costs as they emerge from the downturn.

Tata Consultancy Services, Infosys, and Wipro expanded their global workforces by an average of 5.1 per cent last quarter, together adding 16,701 employees, company documents show _ an early sign that the Great Recession may ultimately benefit India as cost-conscious companies outsource more work, just as they did after the dot-com bust.

``Our expectations are for flat to marginally stronger IT budgets with a greater share of offshore spend,'' Wipro chairman Azim Premji said in a conference call Wednesday. ``Our customers remain focused on cost reduction.''

The employment revival in India's outsourcing sector, which counts on the US for about 60 per cent of global sales, comes as unemployment in the US stagnates around 10 per cent _ near a 26-year high. Inflation-adjusted wages in the US last year fell 1.6 per cent, the biggest decline since 1990.

``When there is a downturn the compulsion to control costs increases,'' said Dipen Shah, an analyst at Mumbai's Kotak Securities. ``The demand for offshoring will increase. That will play to the advantage of Indian IT companies.''

He argues that the cost savings from offshoring has helped US companies survive _ and that's good for the American worker.

``You might say jobs in the US are getting displaced by jobs in India, but because of the value provided by Indian companies and lower costs, there are firms who are able to keep their heads above water and continue to employ their existing employees,'' he said.

TCS, Infosys and Wipro, which can do everything from call center management and claims processing to software development and consulting, all reported stronger than expected results for the December quarter. Revenues and volumes grew, signaling that the cost-cutting imperative of this last, lean year may be over for India's $60 billion software services industry.

After about a year of hiring slowdowns, all three companies are sweetening compensation as the fight to hold on to talented employees in India heats up.

Infosys offered its employees an average 8 per cent pay hike in October, their first raise since April 2008, and executives said last week they are considering another raise to combat rising attrition.

``The market is heating up and we want to retain talent,'' human resources director Mohandas Pai told reporters.

Infosys last week raised its gross hiring target for the second time this fiscal year, to 24,000 people.

Wipro executives said they plan to offer staffers a raise in February.

Tata Consultancy Services has paid out 150 per cent of performance-lined pay _ which amount to 20 to 45 per cent of compensation _ for the last two quarters, and executives say they will raise salaries next quarter, after a year-long wage freeze.

As demand for workers revives, employers have begun to worry about rising staff turnover. Employees who sat tight during the downturn have started to shop around for better jobs and better salaries.

Attrition at Wipro jumped to 13.4 per cent last quarter, up from an average of 8.9 per cent over the prior three quarters. Attrition at Infosys rose to 11.6 per cent last quarter from 10.9 percent the prior quarter. Attrition at TCS has been stable, at around 11.5 per cent, though executives say they expect that number to rise.

Indian firms say they are increasing global hiring, including in the US, as they pursue higher-end work like consulting. But US employees remain a fraction of total staff.

TCS, for example, recently finished hiring 250 Americans for its Cincinnati campus, but US employees still account for less than 0.5 percent of the company's global workforce.

TCS firms up on stellar Q3 results

TCS closed a Rs 799, stronger by Rs 7 or 0.9%, on the BSE.

The stock had opened at Rs 801 and touched a high of Rs 816 and a low of Rs 793 during the day.

A total of 6.07 crore shares were traded on the BSE as against the two-week average of 5.33 crore shares.

Tata Consultancy Services has moved up after beating market expectations by posting a 33 per rise in net profit as against consensus estimates of 20 per cent. The stock is trading at Rs 804, higher by Rs 12 or 1.6%, on the BSE. The stock opened at RS 801 and has touched a high of Rs 816 and a low of Rs 793 thus far.

India’s largest IT services provider's net profit soared to Rs 1,824 crore for the quarter ended December 31, 2009 compared to the same period a year ago. Its revenues, too, jumped 5.1 per cent on strong volumes of 6.6 per cent to touch Rs 7,649 crore on a year-on-year basis.

On a sequential (quarter-on-quarter) basis, TCS’ net profit rose 11.1 per cent, while revenue jumped 2.9 per cent. In dollar terms, TCS performed even better; revenue was up 10.3 per cent year-on-year and 6.3 per cent sequentially, while net profit rose 38.9 per cent year-on-year and 14.2 per cent quarter-on-quarter.

Three IT firms bag $600 mn WalMart deal

Walmart has selected three IT vendors in India — Infosys Technologies, Cognizant Technology Solutions and UST Global — for multi-year contracts worth over $600 million (around Rs 2,750 crore).

The amount is roughly equivalent to the value of goods — textiles, handicrafts and other products — that the world's largest retailer sources from India every year.

This development is expected to boost the IT outsourcing landscape in India, given that Walmart typically prefers to develop its retail applications in-house. Walmart gradually started buying packaged retail applications from leading software vendors such as Oracle, HP and SAP only towards the end of 2007. It had, however, given Infosys and Cognizant pilot projects about five months ago.

Initially, the three vendors are expected to earn Rs 250 crore to Rs 300 crore, each, annually. The figure is set to grow as Walmart increases outsourcing of work from its main merchandising division. Infosys and Cognizant are expected to garner a larger share of the pie between them.

“What is more important is that these three vendors have now got a ticket to be in the club of Walmart's list of preferred vendors which will help them in growing this account in the long-run,” said a source close to the development.

According to the contract, Infosys and Cognizant will be responsible for application development and support, while UST Global will be responsible for specific testing of these applications.

Asked about the deal, Infosys and Cognizant declined to comment. “As a policy, we do not comment on speculation in the marketplace,” spokespeople from both companies said. A UST Global spokesperson in India said the company does not comment on any client specific information as “we have non-disclosure agreements with most of our clients”.

UST Global is part of the $6 billion US-based business conglomerate Comcraft Group, with a major presence in India.

Walmart's media relations director John Simley replying to an e-mailed query said: “We have a large and growing business and productive relationship with many Indian companies. We do not comment on speculations about the nature of any business relationship.”

Walmart, the largest private employer and grocery retailer in the US with revenues of $404 billion (2009), selected the vendors after a competitive bidding process in which most Indian IT services companies participated, except TCS, India’s largest IT services firm.

TCS failed to qualify for the bid because it has an exclusive partnership with Target, another American retailer, who is into direct competition with Walmart. Among the bidding companies, Walmart shortlisted six contenders of which three were finalised based on their level of competency in various processes.

Unlike other retailers, Walmart does not want to open its own captive centre in India, even though the company has established a huge sourcing office in Bangalore sometime back.

Some of the world’s leading retailers like Tesco, Target and Supervalu have their own software development centres in India. Tesco’s Hindustan Service Centre which went live in May 2004, employs close to 3,000 people. In 2006, Supervalu which is the third-largest grocery retail chain in the US, also set up a captive development centre in India for new applications development, technical operations and testing of applications.

Microsoft to launch Azure cloud service January 1

Microsoft Corp said on Tuesday it will launch its long-awaited Windows Azure cloud computing system on Jan 1, as it looks to take
advantage of the growing interest in internet-based software and services.

Azure, which provides an online platform for software developers to create their own programs, and space for customers to store data, was rolled out for experimentation a year ago.

The service will go fully live at the beginning of next year, Microsoft's chief software architect Ray Ozzie told the company's annual software developers conference on Tuesday.

The first month of the service will be free, and billing will start in February, said Ozzie.

Microsoft is expected to be a big player in the cloud computing market -- broadly the trend toward running software in remote data centers
and accessing it over the Internet -- but has lagged behind pioneering rivals such as Amazon.com Inc, which already sells cloud-based storage, and Google Inc, which offers a range of free, online software.

TCS to form business alliance with Dow

Tata Consultancy Services (TCS), an IT services, business solutions and outsourcing organisation, announced plans to form an innovative business alliance that will provide critical business services to Dow, a diversified chemical company, its subsidiaries and joint ventures.


The alliance is an expansion of an existing relationship between Dow and TCS, combining Dow’s leading chemical industry knowledge and operational discipline with the service delivery expertise of TCS.

“This strategic partnership will make our already lean and efficient corporate centre even more so, by supporting a business services model that delivers world-class capabilities at an estimated 30 per cent savings,” said Dave Kepler, Dow executive vice president of business services. “This innovative approach uses a variable staffing model, centralises activities and maximises efficiencies to meet evolving business needs.”

As part of this alliance and global network, Dow and TCS also are announcing plans to build a new strategic services centre near the site of Dow’s global headquarters in Midland, Michigan, subject to the approval of state and local incentives. Plans are underway to begin construction on a new facility in the next year, with the first phase of the build-out designed to accommodate 1250 employees. This effort will support the local economy through the creation of new jobs. In addition, TCS plans to expand its service offerings beyond Dow in the future, creating a service valley in central Michigan.

IT News for this week

News: Citigroup to stay with TCS, Wipro, drop Infosys
Detail: Infosys could see around $25 million of its annual revenues from Citigroup go to rivals like TCS and Wipro

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News: Infy eyes $250 mn BP deal as BT revenues shrink
Detail: At a time when revenues from its top customer BT are dwindling, Infosys is chasing new contracts worth $100-250 mn from BP

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News: Infosys seeing good demand in India, Middle East
Detail: Infosys Technologies is seeing good outsourcing business opportunities in India and the Middle East, a senior official said, as a global economic downturn crimps spending in developed markets

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News: Wipro sees Mideast as a main growth area
Detail: Areas of growth in the Middle East include telecoms and the banking and government sectors, said Premji

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News: STPI withdrawal may hit Infosys, Wipro net profit
Detail: The SEZ policy of the government provides five-year tax holiday for the IT units, followed by gradual taxation after the fifth year

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News: Wipro warns of adverse business impact due to WB disclosure
Detail: World Bank had made a disclosure nearly four months ago that Wipro was ineligible to work with the international lending institution

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News: Bharti, Infy, TCS, Wipro among world's top tech cos
Detail: The ranking showcases companies that managed to thrive even in the face of a bruising global recession

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News: Infosys to hire 1,000 people in US
Detail: Indian software firm Infosys plans to hire about 1,000 people in the US in the next 12 to 18 months amid a gloomy job market

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News: Premji takes pay cut, but hike for others in Wipro
Detail: Wipro had paid a total remuneration of $3,28,556 to its Chairman in FY-09

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News: Wipro honchos get big perks; but salaries dip
Detail: Commissions and incentives dominate Wipro senior management’s paychecks in the just-concluded fiscal - or so it seems

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News: Each Infosys employee worth Rs 97 lakh!
Detail: Infy's total value of human resources including software professionals and support staff is pegged at Rs 1,02,133 cr for FY09

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News: Infosys to cancel home loan facility
Detail: Infosys is planning to withdraw its home loan facility for employees with effect from July 1, according to an internal mail from the company

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News: TCS bags 5-year IT contract from Volkswagen
Detail: TCS will support the group in its business transformation programme to meet its aim to sell more cars, more parts and drive down costs

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News: Revenue per staff dips for TCS, Infy, Wipro
Detail: Revenue per employee for Infy and TCS has taken a sharp plunge to $40,000-odd levels from around $50,000 even an year ago

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News: Wipro bags outsourcing deal from Unitech Wireless
Detail: Wipro Infotech will provide a range of information technology services to Unitech Wireless, in which Norwegian telecom group Telenor holds a stake

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India IT News for this week

News: HCL unlikely to make campus offers
Detail: To save on the cost of training, one of the leading domestic software exporter HCL Technologies said it will hire people 'just in time' of requirement rather than maintaining a bench

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News: Salary freeze at Wipro, campus hiring depends on business
Detail: Wipro has freezed salary increase for the current financial year and gave no commitment on campus hiring

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News: Infy defers hiring plans for engg grads by 6 mths
Detail: Infosys Technologies, has postponed its hiring plans for engineering graduates this year by almost six months

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News: Watch out for a sudden online UK job offer
Detail: Unsuspecting Indian engineering grad are falling prey to new racket offering jobs in UK

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News: Satyam staff still worried over layoffs
Detail: Corporate India might be cheering the speed at which Satyam Computer is being put "on the road to recovery", but the IT giant's 50,000 employees aren't still entirely at peace

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News: CA to hire 1,000 professionals in India for R&D
Detail: The company had in 2007 announced an investment plan of $30 million to set up an R&D facility in Hyderabad

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News: Indian IT industry may cut 75,000 jobs this year
Detail: Indian IT industry stresses more on performance issues since downturn began in US & is likely to see 75, 000 job losses by 2009 end. Layoffs around world | Job-cuts

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News: Scattered layoffs in IBM can touch 4,600: Report
Detail: IBM, however, had said last week that its workforce in Brazil, Russia, India and China has climbed to 1,13,000

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News: IIT, IIM pass outs turn towards PSUs
Detail: Revised pay structure has made PSU jobs more attractive at a time when the private sector is cutting salaries

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News: TCS likely to lay off 1,300 staffers
Detail: TCS is likely to lay off less than a percent of its global workforce over the next few months

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News: IT companies using PIP to rationalise workforce
Detail: IT majors are downsizing using a weapon that’s been in their arsenal all along, the Performance Improvement Plan

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News: Wages at IT multinationals start melting down
Detail: Software multinationals in India have begun freezing wage increases, slashing salaries and postponing merit-based hikes

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News: 1 lakh Indians will return from US in next 3-5 years
Detail: The study warns move will greatly boost India's economy and undermine technological innovation in America

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News: Microsoft's reply to Grassley on H-1B visa
Detail: Full text of MS' response on plans for retaining visa program staff after job cuts

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News: Microsoft cuts temporary workers' rates by 10%
Detail: MS, believed to use somewhere between 40,000 and 60,000 contract workers worldwide, is slashing overtime, hours and pay

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IT export target of $50 bn will be delayed: NASSCOM

IT industry association NASSCOM today said the export revenue target of 50 billion dollar by 2010 will be delayed by 3-4 quarters due to the global economic downturn, and warned of uncertainties in the near future.

The NASSCOM-McKinsey, however, presented an ambitious scenario for the Indian IT industry for the next 11 years saying the total revenue from export is expected to expand to 175 billion dollars by 2020 and revenues from the domestic market could achieve the 50 billion dollar mark.

"This, however, needs a concerted effort by both the industry and the government to ensure swift and sustained reforms in critical areas of education and infrastructure," NASSCOM said.

On the economic scenario, the organisation said the "global economic crisis will have far-reaching and as yet uncertain impact on the industry. Near term volumes and pricing is likely to come under pressure."

Commenting on the opportunities for the industry, Som Mittal, President, Nasscom, said, "The Indian IT industry is in the midst of unprecedented times because of the current economic environment. We expect the next few quarters to be extremely challenging with companies doing everything required to effectively overcome the challenges."

NASSCOM is of the view that the 2020 business landscape would be different from the one that was witnessed in the last decade as now it would be driven by global megatrends.

There are likely to be new verticals in the public sector, healthcare, media and utilities (which have adopted global sourcing only to a limited extent) along with new customer segments in the small and medium businesses.

"These new opportunities will result in export revenues of 175 billion dollar by 2020. On the back of these megatrends the Indian domestic industry too will experience significant growth and record a four-fold increase in revenues from 12 billion dollar in 2008 to 50 billion by 2020," it said.

"80 per cent of the incremental revenue growth by 2020 will be driven by opportunities outside of the current core markets, verticals and customer segments and the industry needs to redefine its value proposition to capture these," Mittal said.

The NASSCOM-McKinsey report said that India has been the destination for global sourcing over the last 10 years and has garnered a 51 per cent share of the industry today. India continues to be the most competitive among 25-30 low-cost locations even today.