Indian IT Companies Research Articles

Role of mergers and acquisitions on corporate performance: emerging perspectives from Indian IT sector

This article is an attempt to investigate the impact of mergers and acquisitions (M&Amp;As) on corporate performance of Indian IT sector for the period 2007–2015. The focus of this article is on Indian IT sector as it has been the growth engine of the economy and emerging as its most internationalised sector. This article has engaged, fixed and random effect panel data models to measure the impact of M&Amp;As on various financial variables with comparative analysis of domestic and cross border deals. The findings reveal that the M&Amp;As have significant positive impact on Return on Net worth and Revenue of IT companies in India when both domestic and cross-border regions were considered together. Whereas, Earnings Before Interest, Taxes, Depreciation and Amortisation experienced significant decline. Return on Capital Employed did not experience any significant impact due to M&Amp;As. When the impact of M&Amp;As was analysed separately for domestic and cross-border deals, it was obtained that the impacts are in different directions for domestic and cross-border deals in two out of four variables. The significant inference is that domestic deals per se are much better than the cross border deals.

Intellectual Capital in Information Technology Companies in India

The purpose of this research is to study how intellectual capital impacts firm performance in information technology companies in India. Based on an extensive review of the existing literature, critical factors of intellectual capital (human capital, structural capital, and relational capital), and firm performance (financial performance and brand reputation) were defined to build a theoretical (causal) model. Senior executives of Indian IT companies (N=112) formed the sample for the empirical study. Using structural equation modeling, the study found human capital and structural capital impact brand reputation and financial performance. Interestingly, relational capital impacted financial performance and not brand reputation. The outcome of this research is significant in two ways: one, it explored the impact of intellectual capital on brand reputation and financial performance, which underpins research directions from the literature, and two, it contributed to the comparatively less-researched contextual relevance from an Indian information technology company perspective.

An Exploratory Study on Intergenerational Learning in Indian IT Workspace

Recent years have been transformational for organisations owing to growing generational diversity and the associated challenges of managing the different generations working together. This issue of generational diversity invites significant attention in the context of studying organisations that are going through massive transformations with the presence of different generations within the organisations at the same time (Baby Boomers, Generation X and Generation Y or Millennials). Each of the three generations, with their understanding of the business context, technology, and industry-specific knowledge, are influencing organisational learning landscapes. With this, both the organisations and individuals benefit from the exchange of expertise suited to the learning preferences of different generational cohorts. This qualitative research is an attempt to explore the aforementioned phenomenon by focusing on the nuances of the traits of different generations, their respective learning preferences and the dynamics of intergenerational learning in the context of Indian IT companies. Insights that emerge seek to unravel the observed facets of intergenerational learning by three diverse generations of IT Industry.

Upskilling Initiatives By IT Companies in the Age of Industry 4.0

As the types of skills required on the labour market shift rapidly, individual employees will need to engage in life-long learning. This is not only to remain employable but to pursue satisfying and rewarding careers that enable them to optimize their job opportunities. Reskilling and upskilling programs would be crucial for businesses if they are to attract the talent they need and lead to socially responsible solutions to the future of jobs. This study has focused to understand the level of awareness the top five Indian IT companies have on Industry 4.0 and what are the practices that they follow to tackle the threat of digitization to their employees. This has been evaluated by studying the learning and development practices, the mission, vision, values of the organization from the homepage of their website and also their annual reports for the year 2018-19. This study would be useful to other organizations in the industry in getting an idea of what are the L&D practices the top five organizations has been doing. The chosen top companies can have a look at the current programs being practised by them and the improvements that can be brought up to upskill and reskill their employees. All organizations chosen for study has been carrying out upskilling or reskilling initiatives along with other learning and development programs. Three organizations have elements of learning inculcated in their core values whereas all five of them have no elements of learning or digitization mentioned in their mission and vision statement.

Retention Strategies in the Leading ITeS Organizations of Delhi NCR

The IT sector in India is at times having a lot of trouble in providing technical services to the organizations spread across the country. The task is more challenging due to the scarcity of competent engineers in comparison to the number of organizations. A lot of the professionals prefer to serve overseas instead of serving in India. There are a lot of factors that affect the employee retention in the IT sector. The objective of this paper is to study the factors such as Promotion, compensation, conditions of works of the employees, and the type of work that has an effect on the job satisfaction of the employees and that are the causes of reduced employee retention in the IT companies in India. The sample size consists of 200 IT professionals working in different IT companies in Delhi NCR. Out of total 240 Questionnaires distributed to the employees 200 questionnaires were received and were further they have been used for the purpose analysis. For doing the data analysis/results the SPSS 20.0 and SPSS AMOS 23 has been used.

Advanced IT Systems Limited: Case of Ethics and Conflicts of Interest

Advanced IT Systems Limited (AISL) was a family-owned software solutions and services company based in Mumbai, and was in business for about 10 years. The chief executive officer (CEO) had ambitions of growing the company into one of the large Indian IT companies. Apart from concentrating on the business growth, the CEO with the help of his HR head introduced several people-oriented policies and hoped that these would lay a good base for further growth of the company. The case describes a conflict of interest that got exposed when one particular business head was championing a young computer science graduate for nomination as a high potential and accelerated promotion but kept hidden that he was in a personal relationship with the lady. Should such a relationship come in the way of the career progression of an individual who was otherwise talented and deserved the promotion? The case covers issues of the setting of corporate ethical and cultural standards, leadership and decision-making, policy and pragmatism, and of meeting client needs and organizational propriety.

High-performance work systems in Russian and Indian IT companies

High-performance work systems (HPWSs) represent one of the key topics in contemporary strategic HRM. This study aims to examine the HPWSs in the IT sector of two emerging markets, Russia and India. The research based on the survey of 132 companies indicates that there are differences in HRM practices between Russian and Indian IT companies which constitute high-involvement and high-commitment HPWSs. Further, regression analysis reveals that these systems impact the firm performance differently. The findings extend the literature on HPWSs in knowledge-intensive firms in emerging markets. High-performance work systems (HPWSs) represent one of the key topics in contemporary strategic HRM. This study aims to examine the HPWSs in the IT sector of two emerging markets, Russia and India. The research based on the survey of 132 companies indicates that there are differences in HRM practices between Russian and Indian IT companies which constitute high-involvement and high-commitment HPWSs. Further, regression analysis reveals that these systems impact the firm performance differently. The findings extend the literature on HPWSs in knowledge-intensive firms in emerging markets.

The Financial Performance of Selected IT Companies in India; A Panel Data Approach

Despite the global economy growing up, the Indian Information technology industry is maintaining a steady pace of growth. Financial analysis is an aspect of the overall business finance function that involves examining historical data to gain information about the current and future financial health of a company. IT has the great possibility of becoming an engine of accelerated economic growth, efficiency, improvement for all sectors of the economy, developing India’s position in the export market, improving trade insufficiency, and means of efficient governance. It enhances the way into information, protects consumers, provides access to government services, makes skill creation and training more effective, improves the liberation of health services, and promotes simplicity. The inter-firm financial performance differential has been utilized to identify the factors that are critical in determining their financial performance. In this study, only the cross-sectional data of three countries over 10 years is collected. The cross-sectional samples are relatively small. Therefore, it is appropriate to use the LSDV Model. However, the pooled regression model will also consider for comparison. It is also convenient to Model the pooled regression Model, LSDV Model and uses R-squared, adjusted R-squared and pool ability Test to decide statistically on appropriate Model to be used The paper is structured as follows: it presents the scope of the study, a brief review of the literature dealing, followed by a description of the objectives, data, and methodology. Subsequently, it discusses the empirical results by two regression model and finally, offers the conclusion.

Corporate Image Building through HR Practices, A Comparative Study on IT Companies in India

Corporate Image Building through HR Practices, A Comparative Study on IT Companies in India

インド中小・中堅IT企業の地方進出に関する研究:ゾーホージャパンの事例研究

インド中小・中堅IT企業の地方進出に関する研究:ゾーホージャパンの事例研究

Impact of Quarterly financial results on Share Price: An analytical study on Selected Indian Companies

There are various corporate events that influence the share price of a company. Out of various events, earnings announcement is keenly awaited by investors, as it offers an opportunity to review one’s portfolio. These also act as barometers of financial soundness and solvency, and overall growth. So, the challenge of finding the impact of quarterly financial results and market price of share of selected Indian banks and IT companies is attempted through this study.

Value Creation and Society: A Corporate Governance in Indian IT Companies

Value Creation and Society: A Corporate Governance in Indian IT Companies

IT Consulting and Software Services by Outsourcing Makes a Company World LeaderA Case Study of Infosys Ltd.

Infosys Limited is an Indian multinational IT company, located its headquarters inBengaluru, Karnataka, and established in the year 1981, which offers information technology, Business consulting and outsourcing services. It was founded by sevenengineers with an investment of 250 dollars in India. In 2018-19, Infosys secured fifth rankGlobally for IT services. Its brand value increased by 8% to $6.5 billion. N. R.Narayanamurthy(CEO) was leading the company since its establishment till 2014, for 21years. Its market cap amounted to 46.52 billion dollars on March 29, 2019.In 2019, it has228,123 employees working at different roles and campus, all over the world. Infosys offersdevelopment of software, repairs, and autonomous support services to economics, insurance,production, and businesses. Infosys planned to reduce the amount of work done on site bytheir manpower travelling visas in the United States by shipping more work overseas. Bythis way, Infosys aims to protect and improve margin benefits. The charges for onsiteprojects are 3-4 times more than those delivered out of India. Infosys has nearly 25% workperformed onsite and remaining from India. Forrester research has used Forrester wavemethodology to classify Infosys as a leader in easy offshore capacities. The study alsoreviewed that Infosys, using a low-cost GDM or offshore delivery model, is the biggest ofthe six in terms of income for application-related services. This case study focused onvarious goals— business vs. operational metrics, profit vs. saving cost, and decreased serviceneeds vs. better customer service. This Case study also helps to explore the strategies andadvantages of providing IT services in terms of economic development and client demand.

Employee Engagement a Conundrum in Indian Information Technology Companies

Employee engagement is the level of employees psychological involvement towards the organization and its values. It is learnt that when an employee is engaged, the employee is aware of his responsibilities and how it impacts the organizations vision. Current study intends to study the level of employee engagement of select IT companies in India. Top 05 companies were chosen from Chennai and Bangalore on the basis of NASCOM report. Study looked into various factors and the prevailing strategies adopted by the companies that facilitated employee engagement. Variables like Organizational climate, leadership, Job satisfaction, Employee Commitment and Employee Engagement were studied. The sample data was obtained from five major IT organizations in Chennai and Bangalore region. Selected organizations mainly comprises of the Software Developer’s Team under the Self Managed Team base. From the PLS model done, the study suggest the companies that the manifest variables organizational climate, employee commitment, leadership style and job satisfaction has a good loading and contributes to employee engagement in an effective way and the companies need to concentrate on these variables to achieve employee engagement. Originality/value- This study provides insightful findings in understanding the role of organizational competencies like job satisfaction and employee commitment play in facilitating employee engagement. This study also shows the importance of the demographic variables with employee’s engagement. In spite of the limitations of the research, the study contributed to the international human resources management by exploring the South Indian IT company’s context. The theoretical framework proposes the relationship between employee engagement, job satisfaction and employee commitment. The study has found that job satisfaction and employee commitment is correlated with employee engagement and serves as the important indicator for engaging employees

Does Job Satisfaction and Employee Commitment pave way for Employee Engagement in IT Sector

Present study is a descriptive and analytical in nature aiming to bring out the relationship of job satisfaction and employee commitment on employee engagement of the employees working in IT companies of South India. Design/Methodology/Approach: This study adopts descriptive and analytical approach it, starts with clear variables which are derived from theory and based on these variables. The data for the study was collected through the structured questionnaire. The sample for the present study was collected from the IT companies working in South India. A total 785 questionnaires were returned by the respondents, this indicating a response rate of 59 %. The questionnaire uses five point Likert type response format is used for all the measures ranging from strongly agree to strongly disagree. SPSS 21 and Microsoft excel are the statistical packages and correlation and regression are the tools used in the present study Findings: A significant relationship was found between job satisfaction and commitment with employee engagement of the employees working in IT companies of South India. If Job Satisfaction does not exist in an employee, his level of engagement would be minimal. Employee may be working to maintain hygiene factors according to Herzberg but the management won’t be able to motivate him to either enhance productivity or engage him with the organization. Commitment comes when the hygiene factors are maintained. Every employees looks forward to ensure that the employee is committed. Only then they can motivate them to be engaged. Hence, it observed that all the commitment of employees are mandatory for employee engagement Originality/value: This study provides insightful findings in understanding the role organizational competencies like job satisfaction and employee commitment play in facilitating employee engagement. This study also shows the importance of the demographic variables with employee’s engagement. In spite of the limitations of the research, the study contributed to the international human resources management by exploring the South Indian IT company’s context. The theoretical framework proposes the relationship between employee engagement, job satisfaction and employee commitment. The study has found that job satisfaction and employee commitment is correlated with employee engagement and serves as the important indicator for engaging employees.

Relationship of Leadership and Organizational Climate Indispensable Element to Facilitate Employee Engagement

Purpose – Present study is a descriptive and analytical in nature aiming to bring out the relationship of leadership and organizational climate on employee engagement of the employees working in IT companies of South India. Design/Methodology/Approach- This study adopts descriptive and analytical approach it, starts with clear variables which are derived from theory and based on these variables. The data for the study was collected through the structured questionnaire. The sample for the present study was collected from the IT companies working in South India. A total 785 questionnaires were returned by the respondents, this indicating a response rate of 59 %. The questionnaire uses five point Likert type response format is used for all the measures ranging from strongly agree to strongly disagree. SPSS 21 and Microsoft excel are the statistical packages and Independent correlation and regression are the tools used in the present study Findings- A significant relationship was found between leadership and organizational climate with employee engagement of the employees working in IT companies of South India. It further shows that when there is a conducive working environment prevailing in the organization the employees feel a sense of conducive climate which makes them feel good about the organization and motivates them to work. Further, along with climate transformational leadership style facilitates in grooming the employees according to organizations vision. Hence, it’s observed that these factors facilitate in enhancing employee engagement. Employees with skills and potentials are more preferring transformational leadership style. Employees with potentials always aspire to grow along with the organization. Hence, leadership style plays a vital role in engaging the employees. Originality/value- This study provides insightful findings in understanding the role organizational competencies like leadership and organizational climate play in facilitating employee engagement. This study also shows the importance of the demographic variables with employee’s engagement. In spite of the limitations of the research, the study contributed to the international human resources management by exploring the South Indian IT company’s context. The theoretical framework proposes the relationship between employee engagement, organizational climate and leadership style. The study has found that organizational climate and transformational leadership is correlated with employee engagement and serves as the important indicator for engaging employees.

Impact of Employer Branding on Job Engagement and Organizational Commitment in Indian IT Sector

This article seeks to empirically examine the impact of employee branding on job engagement and organizational commitment in Indian IT companies. The data was collected from 250 employees employed in various companies in Indian IT companies. Results revealed a strong positive association between employer branding and job engagement, job engagement and organizational commitment, and employer branding and organizational commitment. Further, job engagement showed a partial mediating effect on the link between employer branding and organizational commitment. This is the first empirical investigation to simultaneously examine associations among employer branding, job engagement, and organizational commitment. Practitioners could, with such knowledge, incorporate the most influential dimensions of employer branding in organizational culture.

Business Strategy of Top Indian Company: L&T InfoTech

L&T InfoTech is one of the fastest growing Information Technology companies in India. Founded in 1997, as an Indian IT company, L&T InfoTech has it's headquarters at Mumbai, Maharashtra and is owned by Larsen & Toubro. L&T InfoTech offers its services to various industries like Banking and financial services, Communication and media technology, Insurance, Manufacturing, Retail, Hi-tech, Consumer Goods & Distribution, Energy Resources & Utilities, Life Science & Health Care, Public Services, Travel, Transportation, and Hospitality. L&T InfoTech is an Information Technology service provider offering business solutions with latest innovative ideas and technology to needy customers around the world. L&T is one of the top 10 listed companies in India. This paper throws light on various aspects which made L&T InfoTech a unique company with its innovative service offers through its slogan ‘Welcome to Possible’ to various industries and industry sectors. This case study paper also discusses the strategy of L&T InfoTech while providing services for different sectors like Banking, Insurance, Energy and Utilities, CPG & Retail, Hi-tech, Life Science and Healthcare, Media and Entertainment, and Manufacturing. In this case study, we have analysed the operational strategy, business strategy, financial stability, marketing mix, competitors, training, and recruitment strategy of the company briefly using Theory A. We have also studied the CSR procedure of the company and analyzed its strategies using SWOT framework as research case study

Risk Return Analysis of Equity Stocks:A Study of Selected Indian IT Companies

The present study is an attempt to diagnose the risk return profile of equity stocks of selected Indian IT companies listed on IT Index of NSE. The risk return profile of selected IT companies has been examined on various parameters including the absolute return, abnormal return, required rate of return as per CAPM model, volatility of return, systematic risk and risk adjusted return. Authors found that Tata Elxsi, Infibeam Avenues and NIIT technologies have offered highest rate of return. The returns of Infibeam avenues, Tata Elxsi and Mindtree are highly volatile. The risk adjusted return is highest in case of Mindtree and Tech Mahindra. Stocks prices of Infosys, HCL technologies and Tech Mahindra are highly sensitive to market movement indicating the highest degree of systematic risk. Except HCL Technologies, Wipro and Oracle Fin Serv, remaining seven IT companies have offered higher rate of return than the minimum required rate of return.

An analysis of dividend payout trends of select Indian Information Technology Companies

The subject matter of dividend policy has been an issue of interest in financial literature since the birth of the modern commercial corporations. Although, several academicians and researchers have attempted to solve this apparent issue and devise theories and models. Regardless of many studies conducted by financial economists, the issue of dividend policy still remains debatable issue. In this regard, an attempt has been made to explore the dividend policy adopted by the selected Indian IT companies. Further, the study examines the dividend payout trends of selected Indian IT companies. For this purpose, the dividend payout ratio (DPR) has been taken into account as the indicator of dividend policy. A sample of five IT companies listed at National Stock Exchange (NSE) have been selected by using convenience sampling with the indication of having continue profits, consequent to declare dividend regularly and availability of financial information during the study period i.e., 2008–09 to 2017–18. The empirical evidence from this study reveals that Infosys have adopted a liberal dividend payout policy and also have a good consistency in dividend payouts as compared to other companies of the Industry under study. Conversely, the Tech Mahindra has followed a more conservative dividend policy and also has highest degree of inconsistency in dividend payouts among the companies under study. Also, the study revealed that the Indian IT companies have followed irregular dividend payout pattern over the period under study.