Tag: Indian companies
Infosys CEO Resignation Saga – A Really Bad Example For Indian Companies
Vishak Sikka, the first non-founder CEO of Infosys resigns under pressure and constant challenging by Narayan Murthy, one of the founders of Infosys and a two time past CEO. Under his short tenure of less than three years sales and profits both increased. So what was the problem? Really simple: 1)… Read More
Bloodbath – Massive Layoffs Coming In Indian IT Sector…
The Indian tech sector and IT industry is facing multiple negative growth trends - a general slowdown in growth from nearly 10% to around 5%+, the recent US visa restrictions and change from the typical IT services to a digital platform model. Almost every established Indian based IT company has started… Read More
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Cashless India Will Soon Be World Leader, Credit Card Usage Going Down…
The deliberate demonetization of 85%+ of money in November 2016 forced many changes. Initially business activity slowed, but then given jugaad - Indians started switching to mobile money (even without bank accounts)- such as the 10 apps - PayTm, Freecharge, Mobikwik, and others, all Indian companies. Even for street vendors… Read More
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Trump’s H1B Visa Restriction – A Real Opportunity For Indian IT Companies…
US President as part of the "Buy American, Hire American" executive order, now seeks to put major restrictions on Indian technology sub-contractors - Infosys, TCS, Wipro, Cognizant normal business. The US order is in USA's best interests. Indian companies - including IT companies should look at this as an opportunity… Read More
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India – Teach Snapchat A Lesson, Remove Their App… ASAP
Snapchat being the latest example - companies from outside India seem to be at ease in making fun of, or abusing, or call abusing or call it what you want of Indians. We can get upset or create a lot of media and social media storm as it happening -… Read More
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Indian eCommerce Companies Are Losing Out To Amazon…
Amazon, the US based eCommerce powerhouse has gained massive scale and share in only 3 years at the expense of Flipkart, Snapdeal and other smaller Indian eCommerce companies. Over one year ago, Amazon's share by gross market value (gmv) was 15% while Flipkart's share was around 45%, but in the… Read More
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US VISA FEE HIKE ONLY TARGETS INDIAN COMPANIES
India has told USA that the H1B visa fee hike is really targeted at Indian companies and hence is discriminatory. Recently, USA has stated imposing a special fee of $4,000 on H1B visas and $4,500 on L-1 visas - both visa types are popular among Indian IT companies -- to… Read More
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REALLY BITES: BLOATED INDIAN COMPANIES HAVE TO SLIM DOWN
Economic growth is slowing and now Indian companies are waking up to too much debt and having a presence even if not a leading one in too many unrelated business segments. For example, Anil Ambani’s Reliance Group, which has over Rs 76,000 crore in debt between telecom and infrastructure, GMR… Read More