The margin of Tata Consultancy Services is fast declining. It almost halved when compared with the year-ago figure of 61%.
HCL Tech reported 130 basis points improvement in operating margin at 14.4% during the March 2011 quarter, helped by cost rationalisation.
In the past quarter, Infosys had disappointed the mkt with a dismal growth of 3% in biz vol, which is measured in terms of total billed manhours.
Satyam Computer Services has finally settled a long-pending lawsuit filed by the US Securities and Exchange Commission (SEC).
Idea, has been grappling with lower profitability due to intense competition despite impressive subscriber additions.
Wipro had planned to enhance deliverables faster by acquiring niche players across verticals, geographies. The strategy has not propelled growth.
Top four listed IT players are expected to grow their toplines for the March 2011 quarter sequentially twice as fast as they did in the previous quarter.
The steeper headcount addition by top IT players hints at stronger demand scenario. But have these companies been able to truly leverage their ever-rising employee base?
India’s active wireless subscriber base is a little over two-third of what is reported by telecom operators , according to a TRAI report.
Its progress in international markets and domestic 3G opportunities are critical to its performance.
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