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The Aging of a Growth Engine
14 February, 2018, C.P. Chandrasekhar & Jayati Ghosh
With the dollar value of exports declining, India’s software sector faces a historical crisis which may worsen, given the protectionist trends in the US and other uncertainties.
Indian IT hits a speedbump
21 November, 2017, C.P. Chandrasekhar & Jayati Ghosh
A sharp deceleration in growth and restricted employment expansion in the IT sector, India’s post-liberalisation showpiece, has implications beyond the industry’s boundaries.
IT Firms and Financial Markets: A Changed Relationship
14 July, 2008, C.P. Chandrasekhar & Jayati Ghosh
India's stock market has lost its lustre for those counting their wealth in terms of the value of the paper assets they hold. Between the end of October 2007 and early June this year, the Sensex has fallen from the 20000 level to around 15500, or by close to 23 per cent. That decline implies a substantial loss of paper wealth that hurts most those who bought into the market at its peak.
Dominance and Competition in the Indian IT Sector
10 September, 2007, C.P. Chandrasekhar & Jayati Ghosh
Come July and, unfailingly, Dataquest-one of two private agencies that are sources of detailed information on India's IT sector-releases, over consecutive issues, its data on performance of the IT industry for the preceding financial year.
India is Online but Most Indians are Not
26 September, 2006, C.P. Chandrasekhar
To bridge India's widening digital divide, the Government is focusing on increasing physical access to computers connected to the Internet. In a recent policy initiative, it has promised to put in place in rural India a hundred thousand Common Service Centres (CSCs) - broadband-enabled computer kiosks that will offer a range of government-to-citizen and business-to-customer services, besides providing sheer access to the Internet.
Concentration in the Competitive Software Business
11 August, 2006, C.P. Chandrasekhar & Jayati Ghosh
Statistics on the global production and trade in software are notoriously inconsistent, because of difference in coverage and methodology. Any single source can at most provide an indication of the structure of and trends in the industry, rather than an exact measure of its size.
Who needs a ''Knowledge Economy'': Information, Knowledge and Flexible Labour
13 December, 2005, C.P. Chandrasekhar
In India's progress towards a knowledge economy, the goalpost is not even in sight. Yet this potential is being emphasised and supportive policies are being advocated merely based on the success of enclave-type growth in the IT sector mainly because the argument can be used to justify economic policies, especially labour market policies, which are clearly inappropriate.
IT-Services as Locomotive
13 June, 2005, C.P. Chandrasekhar
The refrain was tiresomely extraordinary. In its recently released results on the performance of India's software and IT-enabled services sector during 2004-05, the National Association of Software and Services Companies (NASSCOM) declared that the sector.
Income inequality in India
09 February, 2004, Jayati Ghosh
The period since the neo-liberal economic reforms were introduced in India, has been one of dramatically increased income inequality. This will come as no surprise to most people. After all, you need only to look out onto the streets, to see the enormous increase in conspicuous consumption by the rich and even the urban upper middle income groups, and also to see side by side how the lives of the poor have become even more vulnerable and precarious.
Business Process Outsourcing: The New Mantra
25 June, 2003, C.P. Chandrasekhar
The second week of June witnessed one more occasion to celebrate India's success in the export of IT-enabled services: the National Association of Software and Service Companies's (NASSCOM's) ITES–BPO Strategy Summit 2003 held at Mumbai. Media reports suggest that confidence and jubilation ruled the day at the summit.
The Volatile World of IT Stocks
21 April, 2003, C.P. Chandrasekhar
There was mayhem in India's stock markets during the two trading weeks ending April 18. The turmoil began with what in normal circumstances should have given no cause for concern. Infosys, the showcase firm ranked number two in India's information technology industry, announced its annual results for 2002-03 that appeared more than reasonable.
The Two Faces of Mr. Gates
02 January, 2003, C.P. Chandrasekhar
Was Microsoft chief Bill Gates’ dual-purpose, philanthropic-cum-business visit to India basically motivated by the desire to strengthen his company’s monopoly over the large software market in India? This is a view that is held by many advocates of the free software movement, who are disappointed by the willingness of state and central government agencies to rub shoulders with Gates and rely on his software, especially the Windows platform, when implementing their IT initiatives.
Finance and the Illusion of Wealth
28 February, 2000, C.P. Chandrasekhar
India is now home to a new breed of billionaires: those created by an almost inexplicable rise in the values of the stocks they hold. Epitomising these changes are Azim Premji of Wipro and Narayanamurthy of Infosys. These entrepreneurs from the IT sector, along with others from the entertainment and communications area, are creating new records in the stock markets that are not always warranted by what they have achieved on the ground.
IT Trends : Behind the Hype
25 January, 2000,
The dramatic expansion of India's Information technology (IT) sector during the 1990s, albeit from a low base, is widely seen as heralding India's emergence as a global IT and software powerhouse. This 'popular' perception has underlying it a less pervasive but more sophisticated argument.

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