Indian IT Companies Research Articles

Assessing the Financial Impact of CSR Initiatives in Indian IT Companies

Corporate Social Responsibility (CSR) is increasingly recognized as a vital component of modern business strategy, particularly in the IT sector. CSR initiatives reflect a company’s commitment to ethical practices, environmental sustainability, and social welfare, thereby enhancing its reputation and stakeholder trust. This study explores the financial health and the impact of CSR on the financial performance of Tata Consultancy Services Limited (TCS) and Infosys Limited over a five-year period from 2018-19 to 2022-23. In this study ratio analysis and regression techniques have been used to analyses the financial health of these leading IT companies and examining the impact of CSR spending on financial performance such as net profit margins and Return on Assets (ROA). The comparative analysis highlights that while both companies have shown a strong commitment to CSR, there is no direct impact of CSR spending on their net profit margins or ROA. TCS has consistently demonstrated higher CSR spending, net profit margins, and ROA compared to Infosys, reflecting superior financial management and asset utilization. This study underscores the importance of CSR as a strategic component for reputation and sustainability, even though its direct financial impact remains indeterminate.

Role of Artificial Intellengence in the Recruitment Process with Special Reference to Selected it Companies

Artificial Intelligence playing an important role in IT recruitment. In recent days most of the IT companies giving importance to AI to ensure and effective recruitment process to select an efficient and qualified people. The present paper analyses the role of AI i.e., Artificial Intelligence in IT companies. The present analysis selected three top IT companies in India and examined the role of AI in their recruitment process. The papers examined the different factors which are linking to both recruitment process and IT industry. The present paper collected the opinions of employees working in three different companies and evaluated the importance of AI in recruitment process in IT industry.

LIQUIDITY AND PROFITABILITY ANALYSIS OF THE SELECTED IT COMPANIES OF INDIA

For any organisation ratios are extremely useful tools for understanding financial statements and making decisions. For sustainability and long-term future growth, short and long-term success are critical to every company. As IT companies are becoming the major player in not only in one county but all over world. The study's major goal is to have better understand of the relationship between the liquidity ratio and profitability ratio for two selected Indian IT companies: TCS (Tata Consultancy Services) and Infosys. For the study data is collected from the selected companies' annual reports for the duration of 10-year period, from March 2014 to March 2023. For statistical analysis purpose statistical methods, arithmetic mean and regression analysis were used. The liquidity ratio shows that TCS outperformed Infosys, as does the profitability ratio. Regression analysis results shows that there is no connection between the liquidity ratio and the profitability ratio.

Strategic conceptualization and operationalization of digital orientation to support organizational TQM performance

A digital orientation in TQM performance brings about numerous advantages, including data-driven decision-making, enhanced efficiency, flexibility, improved customer experience, continuous improvement, effective communication, competitive advantage, and stimulated innovation. This research focuses on bridging the knowledge gap by exploring the connection between organizational TQM performance and the antecedents of digital orientation, considering the lack of empirical research in this domain. Using data gathered from surveys of 310 small to medium-sized IT companies in India, the study evaluates a novel conceptual framework through structural equation modeling (SEM) analysis employing the partial least squares (PLS) technique. The results underscore the importance for businesses to seize the opportunity presented by digital technologies and the ongoing trend of digitalization in their industries. This involves committing to adopting these technologies, taking into account their maturity and intensity, and enhancing digital capabilities to foster resourcefulness and creativity, thereby improving organizational TQM performance. By providing a deeper understanding of pertinent antecedents of digital orientation and how they should be strategically deployed within organizations, this research contributes to the body of knowledge on organizational TQM performance and digital-oriented solutions. The findings reveal a positive impact of digital maturity, digital intensity, and digital ecosystem transformation on organizational TQM performance. Additionally, it is demonstrated that the relationship between organizational TQM performance and digital capability is mediated by digital ecosystem transformation.

Analysis of Leverages and Profitability of Top 10 IT Companies in India

Firms utilize leverage to expand assets, cash flows, and revenue, which can lead to increased losses. There are two major types of leverage: financial and operational. To raise financial leverage, a company can borrow money by issuing fixed-income securities or directly from lenders. The researcher focused on secondary data and used correlation and regression analysis for this study. The correlation result shows that the relationship between return on equity and operating leverage is positive at the 5% level, and the relationship between combined leverage and financial leverage is highly significant at the 1% level. Further, the multiple regression result showed that H01 and H02 are rejected at the 5% level, and combined leverage has an insignificant return on equity. Therefore, H03 is accepted. However, the study revealed that the financial and operating leverage of India's top 10 IT companies are satisfactory.

Moonlighting for IT Companies in India 2024 - The Future of Work

Moonlighting is the practice of employees covertly working other companies without the knowledge of their legitimate registered employee. In 2022 Wipro discovered employees who were in this practice and took the strictest action against them by terminating their employment and potentially blacklisting them. this also led to a ripple effect of monkey see monkey do in other IT companies and other sector companies. This research aims to use qualitative descriptive analysis and text mining to find the consequence of such actions. This research believes that the long term effect of such moves is not positive for the company. Temporary and cheap labor has been forever the driving force behind a free market economy. Wipro terminated 300 employees in one swift move and accused them of ‘cheating’. However, this research asks what is the price for loyalty and is loyalty to employee really a desirable requirement or not.

Should I adopt AI during talent acquisition? Evidence from HR professionals of Indian IT organisations

PurposeThe purpose of our study was two-fold: (1) to examine the effect of perceived value derived from perceived benefits and sacrifices in the adoption of artificial intelligence (AI) in talent acquisition and (2) to investigate the moderating role of human resource (HR) readiness in the association between perceived value and AI adoption intention.Design/methodology/approachA structured questionnaire was administered to 198 talent acquisition executives and HR professionals of Indian IT companies based on a purposive sampling technique. Partial least squares structural equation modeling (PLS-SEM) was used on the Smart PLS 2.0 platform to analyse the data and test the model.FindingsResults revealed that perceived benefits and sacrifices significantly predict perceived value which significantly affects the HR professional’s AI adoption intention. The study further found that HR readiness moderates the link between perceived value and the intention of HR professionals to adopt AI in the talent acquisition process in the Indian IT industry.Practical implicationsIT companies are advised to continuously monitor and evaluate the performance of AI tools to ensure that they are meeting the recruitment process needs to leverage AI’s benefits in talent acquisition. This study seeks to provide the impetus for a planned AI adoption in talent acquisition.Originality/valueThis research provides ample evidence for the existing technology adoption theories. It explored the predictors of adoption by validating the value-based adoption model in the Indian context. It provides valuable insights into the practice of acquiring talents in the IT sector using artificial intelligence.

Influence of Transformational Leadership, Organizational Commitment, and Work Engagement on Employee Performance: A Comprehensive Study

Purpose: The purpose of this study is to investigate the influence of transformational leadership on organizational commitment, work engagement, and employee performance within the context of the Indian IT Companies. The study aims to understand the direct and indirect effects of transformational leadership and identify key factors contributing to enhanced employee performance.
 Study Design/Methodology/Approach: The study adopts a quantitative approach, utilizing survey data collected from 225 permanent employees of Indian IT Companies. The research employs SPSS for data analysis. The survey instruments are designed to measure transformational leadership, organizational commitment, work engagement, and employee performance. The study employs descriptive statistics to analyze the relationships among these variables.
 Findings: Transformational leadership demonstrates a direct and significant positive impact on employee performance. The influence of transformational leadership on employee performance is further strengthened through increased work engagement. Surprisingly, organizational commitment does not have a direct effect on employee performance in this context.
 Originality/Value: This study contributes to the existing literature by highlighting the specific dimensions of transformational leadership that significantly impact employee performance within the Indian IT Companies. The emphasis on the idealized influence dimension underscores the importance of trust-building in leadership. The findings provide valuable insights for organizational leaders seeking to enhance employee performance through effective leadership strategies, particularly in the context of the Indian IT Companies.

Dividend Announcement and Stock Prices: An Analysis of Selected IT Companies in India

The stock price movement attracts all stakeholders of the company. There are many factors as well as events that affect stock prices of the company and dividend announcement is one of them. So, the present study focuses on the impact of dividend announcements on share prices of selected IT companies listed in NSE in India. A dividend announcement gives a signal to investors about the company's strength and urges them to invest in the company's stock. The event study methodology is used in this study. Abnormal Return, Cumulative Return, Average Abnormal Return, Cumulative Average Abnormal Return, and t-statics of AR, CAR and CAAR are calculated. A paired t-test is calculated to measure the impact of a divided announcement on the share price before and after the announcement period. For that 21-day event window, 120 days of estimation window and 9 observations from the years 2016-17 to 2018-19 of selected.3 IT companies that are included in nifty50 as well as in nifty IT index and who are paying dividend have been selected. The paired t-test indicates a significant difference between pre and post-announcement periods in the year 2017-18 and shows insignificant differences in the years 2016-17 and 2018-19.

A Study on Factoral Impact of Capital Structure on Profitability of Selected IT Companies in India

A Study on Factoral Impact of Capital Structure on Profitability of Selected IT Companies in India

Gender diversity at workplace: Its implications on organizational performance at IT sector in Hyderabad

The intellect and awareness of humans are thought to set them apart from one another. Studies conducted over the last few decades have demonstrated that women represent a substantial untapped reservoir of human capital. A growing number of competent women are entering fields that were previously thought to be exclusively male, thanks to the development of information technology and improved educational facilities. Because it is so important for businesses to draw in and keep workers in this fiercely competitive market, senior management has been paying enough attention to the creation of a women-friendly workplace. The bulk of research indicates that encouraging gender diversity has a beneficial impact on creativity and innovation. As a result, modern IT companies in India are implementing policies that guarantee a diverse workplace that is friendly to female employees. The aim of this paper is to examine the correlation between workplace assent of gender diversity, IT industry activities, and barriers to their implementation.

Historical performance analysis of top IT companies in India

Historical performance analysis of top IT companies in India

Re-engaging employees during COVID-19 pandemic - with special reference to Indian IT companies

Re-engaging employees during COVID-19 pandemic - with special reference to Indian IT companies

Profitability Analysis Of Selected IT Companies In India Using Data Envelopment Analysis (DEA): A Comprehensive Study

The IT sector in India plays a vital role in driving the country's economy, contributing significantly to its growth and employment landscape. As of 2023, it constitutes around 8% of India's total GDP, employing over 4.5 million professionals directly and supporting an estimated 10 million indirect jobs. With export revenue reaching approximately $194 billion, the IT sector stands as one of the largest contributors to India's foreign exchange reserves. This sector has experienced robust growth, with a projected annual growth rate of 7-9%. This growth can be attributed to its relentless focus on digitalization, innovation, and technology-driven solutions, enabling it to foster economic development, attract investments, and drive digital transformation across various industries. Conducting a profitability analysis of IT companies in India holds significant importance. It provides valuable insights into their financial performance and viability, assisting stakeholders in making informed decisions. Investors and policymakers can assess the efficiency and effectiveness of these companies in generating profits and maximizing returns on investments. Profitability analysis also aids in resource allocation, risk management, and policy formulation to create an enabling environment for IT sector growth. Additionally, profitability analysis allows companies to benchmark their performance, identify areas for improvement, and enhance competitiveness. By evaluating financial indicators, stakeholders can make informed decisions regarding expansion, diversification, and strategic partnerships. Ultimately, profitability analysis serves as a crucial tool for decision-making, resource allocation, and sustainable growth within the IT sector. Therefore, this study aims to analyze the profitability of six selected IT companies in India from 2008-09 to 2021-22 using the Data Envelopment Analysis (DEA) technique. By employing DEA, the study aims to provide valuable insights into the financial performance of these companies and contribute to the existing understanding of profitability dynamics within the Indian IT sector.

Impact of COVID-19 on the Efficiency of Indian IT Companies

The purpose of this study is to investigate the impact of the COVID-19 epidemic on Indian information technology enterprises using data from the 10 largest IT firms listed on the Nifty IT index. Data were sourced from the PROWESS IQ database for 2017–2022. Input-oriented data envelopment analysis (DEA) using CCR and BCC models was applied by taking gross revenue as an output and labour, costs of fuel, materials, power, administrative and general costs as input variables. The study finds a positive although not statistically significant difference in the efficiency of Nifty IT companies during COVID-19 compared to pre-pandemic levels. Additionally, firms experienced higher scale efficiency compared to production efficiency growth throughout 2020–2022. Around 70% of Nifty IT firms faced a decreased efficiency in input utilization during the COVID-19 outbreak. Further, 50% of Nifty IT firms operated under increasing returns to scale and required expansion of business in 2021–2022. The dimensions of returns to scale exhibited stability in the long run. Companies with increasing returns to scale had a 7% lower average technical efficiency than firms with decreasing returns to scale. Large firms demonstrated better scale efficiency. The results of the study can be used by managers to increase the efficiency of firms.

Intercultural Communication Challenges in IT Companies in India: A Case Study

This case study tries to diagnose the intercultural communication challenges besetting the Indian IT industry, which has become a major IT hub globally, so as to map the relevance of the theories proposed by prominent interculturalists in the contemporary work settings. The article explores answers to the research questions formulated on the basis of intercultural theories by analyzing the responses of 178 IT managers collected over a period of 38 months of rigorous field work. The article closes with implications of this case study for the executive training needs of the Indian engineers requiring an ethno-relative focus in intercultural communications.

Study of Factors and Relationships Shaping the Inclusion Prospects for LGBT Society: A Perspective Across Middle-Sized IT Enterprises in National Capital Region

LGBT society and their employee rights and call for inclusion and embedment across the organizational ecosystem marks a revolutionary change in organizational working in IT companies in India. The need to explore the theoretical basis for the relationship between the organization and workplace-driven attributes and the respective generalization of the 'diversity management and inclusive culture' construct is rampant. There is a growing realization that inclusive, integrative, and embedded LGBT personals often lead to wholesome and seamless business performance irrespective of sexual orientation and gender complexities. This study investigates the elements and linkages that impact LGBT societal inclusion chances inside middle-sized IT firms in the National Capital Region. Organizations are becoming more conscious of the significance of fostering an inclusive workplace for all workers, including those who identify as lesbian, gay, bisexual, or transgender (LGBT). This study investigates the numerous elements that contribute to or impede LGBT inclusion, the links between these factors, and the overall prospects for LGBT persons in middle-sized IT firms. The research was conducted for seven to eight months across the chosen unit of analysis in a defined and phased manner. The research above was conducted across the time ranging from May 2021 to February 2022 across the 438 mid-career employees in permanent charge across IT organizations in North Indian perspective. The industrial locations were selected to offer coverage to the aspects that essentially determine and shape the decision-making across the industrial cities of NCR. The research observed the significant impact of identity-conscious programs, 'identity-blind programs,' 'age inclusiveness,' 'awareness,' and 'internal communications' on 'workplace diversity' and 'workplace inclusion' across the LGBT society.

Adhocracy culture buffers for mindfulness outcome: A cross-level moderated mediation analysis

The prolonged COVID-19 pandemic reduced the performance of the software developer team in the Indian IT industry because of numerous psychosocial challenges while working in a non-dedicated workspace. Therefore, using the lens of self-determination theory (SDT), the present study investigated the indirect effect of mindfulness on team performance via psychological safety and active remote engagement under the bounded condition of adhocracy culture. The web-based responses of 604 team members nested in 99 teams from 10 Indian IT companies were used to perform a multilevel analysis. The analyses were conducted using Mplus 8.0 version to test the hypothesis. The results showed a significant serial mediation role of psychological safety and remote engagement in the relationship between the mindfulness of software developers and team performance. The relationship between mindfulness and psychological safety becomes stronger when the adhocracy culture is high. Similarly, the relationship between mindfulness and team performance via the serial mediation of psychological safety and active remote engagement becomes stronger when the adhocracy culture is high. Similar to many psychological approaches, this study supports the postulates advocated by SDT, while emphasizing the central role played by mindfulness.

The impact of entrepreneurial orientation on firm performance: Exploring the moderating influence of trust and organizational commitment in the Indian IT/ITE sector

The purpose of the research study is to test how entrepreneurship orientation influences Indian MSME’s performance and to delineate the moderation effect of trust in leadership and employee commitment on the relationship between entrepreneurial orientation and firm performance. Based on the social exchange theory, the study tested how firm performance is affected by Entrepreneurship Orientation such that relationships can be exchanged by trust and commitment. Applying descriptive research design, data were collected from randomly selected IT and ITE consulting firms located in Bangalore (A metro Tier I city in the country which presents close to 80 percent of Indian IT and ITE companies’ establishment (timesofindia, 2020)). The hypothesized model was tested using SEM analysis. This study aims to: (1) examine the relationship between entrepreneurial orientation and firm performance within the context of Indian Micro, Small, and Medium Enterprises (MSMEs), with a specific focus on consulting organizations; (2) assess the moderating influence of trust among members on the relationship between entrepreneurial orientation and firm performance; and (3) investigate the interaction effect of managerial commitment on the relationship between entrepreneurial orientation and firm performance, thereby enhancing our understanding of the dynamics at play within MSMEs, particularly in the consulting sector. The capability of being innovative which measures entrepreneurial orientation impact firm performance and being proactive in the business over entrepreneurial orientation positively impacts firm performance while risk-taking attitude and firm performance relationship are not significant. This result is in support of the previous research report that showed only the innovativeness and proactiveness variable. Further, it is noticed from the hierarchical regression analysis that proactiveness and firm performance are moderated by the level of trust that the employee has in his/her functional manager, and proactiveness and firm performance are also moderated by the employee’s level organizational commitment.

Modeling the impact of techno‐stress and burnout on employees’ work‐life balance and turnover intention: A job demands‐resources theory perspective

AbstractIn an increasingly digitized work environment, techno‐stress is becoming one of the most important concerns for employees. Based on the premise of job demands‐resources (JD‐R) theory, this study looks to determine how techno‐stressors affect employees’ work‐life balance (WLB) and turnover intention through burnout; and to what level positive psychological capital could moderate this relationship. We gathered data in a time‐lagged approach from 528 employees of Indian IT companies. To test the hypotheses, we applied a moderation‐mediation model. Further, the statistical analysis of the aforementioned associations was carried out using Smart‐partial least squares (PLS). The results suggest that burnout does mediate the relationship between techno‐stress and employees’ WLB. Secondly, psychological capital as a resource does moderate the impact of techno‐stress on burnout. Through these findings, the authors contribute to an extant literature by emphasizing the significance of recognizing techno‐stress, and managing technology‐induced burnout along with theoretical and practical implications offered.