India’s IT services companies are not holding firms. They should focus on creating long-term value for shareholders instead of returning cash to keep share values up.
A 2024 paper found that Deloitte pays US citizens working in tax and audit 10 per cent more than H-1B holders, with ‘critics’ calling it a cost-saving mechanism.
It's not just the pay, the entire business model of IT services firms has come into question, with TCS announcing the elimination of 12,000 jobs to focus on AI-driven strategies.
International media prescribes policy changes in India to boost efficiency & streamline govt functioning. It also noted the Quad's shift toward a tougher stance on China.
Riding on the IT and telecom boom, India’s service exports have nearly doubled in a decade. It’s a bright spot amid huge trade deficit for merchandise exports.
When governments build barriers to protect companies, then consumers suffer, growth stagnates, and the entire country falls behind the rest of the world.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
All the high-IQ software engineers move to foreign lands to build products, services, and platforms, whereas the low-IQ engineers who remain in India are incapable of building them. A classic example is Infosys, which botched the income tax portal. Another example is the IIT engineer with zero IQ responsible for third-rate Ola electric scooters
All the high-IQ software engineers move to foreign lands to build products, services, and platforms, whereas the low-IQ engineers who remain in India are incapable of building them. A classic example is Infosys, which botched the income tax portal. Another example is the IIT engineer with zero IQ responsible for third-rate Ola electric scooters