Infosys Ltd, India's no. 2 software services provider, and an employee in the United States failed to reach agreement in a row over U.S. business visas on Tuesday and the case is set to go to trial ne

Bolstered by good performance in India, China and other growth markets, IBM has reported a nearly six per cent increase in net income at USD 3.9 billion in the three months ended June 2012, even as its revenues slumped.

Indian IT companies including market leaders TCS and Infosys may have to bear huge costs towards employee visa fees going ahead, which in turn can put pressure on their profit margins.

A squeeze on billing rates is clouding the outlook for India's IT industry, which is feeling the pain of discount demands from its key financial sector clients.

Infosys, India's No.2 software service

Infosys Ltd, India's second-largest software services exporter, matched expectations with a 33 per cent rise in its fiscal first-quarter profit, bolstered by a surge in demand for outsourcing services

Uncertainty about spending by U.S. and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of

Industry tracker Gartner on Tuesday said that worldwide spending on information technology (IT) was on pace to hit $3.6 trillion in 2012 despite trouble in the global economy.

The revised estimate by

Uncertainty about spending by U.S. and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of the year.

The Cabinet is expected to take a decision next week on the proposed national policies on IT and Electronics, Telecom and IT Minister Kapil Sibal said on Wednesday.

These policies aim to raise revenu

Infosys is delaying taking on board some of its planned 28,000 new recruits until mid-2103, underlining the slowdown faced by India's No 2 software services company, the Economic Times reported on Mon