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Working Abroad

The Infosys, Wipro shock effect
The results declared by Infosys and Wipro have shocked the Indian stock market. MOHAN BABU writes that the Indian market should have been more prepared, and analyses whether the fundamentals of the Indian software industry have changed overnight as a consequence

Legal Eagle - H1-B visa: The pay factor
Nandini P Nair clarifies that the employer has to pay an H1-B employee from day-one after starting work


Issue dated
5th May. 2003


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This Week
Has India Software Inc. lost its sheen?
With Wipro and Infosys admitting intense pricing pressures and disclosing that their operating margins have declined, it’s time for a reality check. Pankaj Mishra analyses the pricing dynamics of offshore outsourcing and discovers that the Indian offshore story has now entered a commoditised era where there are no ‘brand premiums’

 

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