Page 15 - It Sector
IT sector has a total revenue of Rs 8.4 lakh cr: Govt
Number of professionals employed in the sector is projected to grow to 43 lakh by 2019
 "IT sector has a total revenue of Rs 8.4 lakh cr: Govt")
IT shares decline after Donald Trump's immigration curbs
Among largecap IT stocks, Wipro tanked 2% to Rs 457, while HCL Tech was also down 2% to Rs 829
 "IT shares decline after Donald Trump's immigration curbs")
Trump rhetoric revives IT sector uncertainty
Firms fear hike in H1-B visas for their employees, more scrutiny
 "Trump rhetoric revives IT sector uncertainty")
IT sector looks for a new window
Experts said there might be short-term uncertainty over visa regulations
 "IT sector looks for a new window")
Automation gobbles up jobs in the IT sector
At Infosys and Wipro, 8,200 roles have been impacted in six months
 "Automation gobbles up jobs in the IT sector")
IT spends may not pick up even after US polls
Trends suggest there is low co-relation between the two
 "IT spends may not pick up even after US polls")
IT sector slowdown to hit mid-caps worst
Most of the large mid-caps share similar business model as the large-caps and have more of less similar set of clients
 "IT sector slowdown to hit mid-caps worst")
Why Indian IT sector woes have just started
Global slowdown, Brexit, changing dynamics in sector take toll; woes likely to continue over next 1-1.5 years
 "Why Indian IT sector woes have just started")
Challenges for Indian IT
It will have to focus on higher skills to earn more
IT sector jobs to remain stable at least till 2020: Prasad
The Indian IT & ITeS industry continues to be the largest private sector employer.
 "IT sector jobs to remain stable at least till 2020: Prasad")
