Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
Trade Wars Emerging as IT's Biggest Challenge for Now
Mint Bangalore
|September 03, 2025
Coforge becomes the latest IT co to highlight tariff-related uncertainties as a risk to business
Coforge Ltd has become the seventh major Indian IT services firm to flag global trade wars as a significant business risk, coming in the backdrop of US President Donald Trump's ire towards Prime Minister Narendra Modi's bonhomie with his Russian and Chinese counterparts.
Coforge is the latest among the country's largest software service providers, including HCL Technologies Ltd, Wipro Ltd, Tech Mahindra Ltd, LTIMindtree Ltd, Mphasis Ltd and Hexaware Technologies Ltd, to address tariff-related uncertainties as a risk to business. This implies that tariff disputes are emerging as the single biggest challenge for India's largest tech services companies.
When countries impose tariffs on imports from other countries, companies that count IT services companies, including Coforge, as their IT vendor, face the heat. Running their daily business becomes a hassle. The costs of sourcing raw materials increase, and in such instances, they have to pull back their tech spending.
Denne historien er fra September 03, 2025-utgaven av Mint Bangalore.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Bangalore
Mint Bangalore
360 One, Steadview, others to invest in Wakefit ahead of IPO
A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.
1 min
November 28, 2025
Mint Bangalore
Diversification holds the key to reducing our trade vulnerability
India's merchandise exports are less exposed to US policy vagaries than services. The latter need to find new export markets
4 mins
November 28, 2025
Mint Bangalore
GOING SOLO: FACING THE GROWING REALITY OF SOLITARY RETIREMENT IN INDIA
What we plan for ourselves isn't always what life plans for us.
2 mins
November 28, 2025
Mint Bangalore
Paint firms strengthen moats as competition heats up
A bruising market-share battle is escalating in India's ₹70,000-crore paints sector, forcing companies to look beyond aggressive discounting and instead strengthen their foothold in key geographical areas while sharpening their product portfolios.
2 mins
November 28, 2025
Mint Bangalore
Would you like to be interviewed by an AI bot instead?
don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.
3 mins
November 28, 2025
Mint Bangalore
The curious case of LIC's voting on RIL, Adani resolutions
Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.
1 min
November 28, 2025
Mint Bangalore
Tune into weak signals in a world of data dominance
World War II saw the full fury of air power in battle, first exercised by Axis forces and then by the Allies, culminating in American B-29 bombers dropping atomic bombs on Hiroshima and Nagasaki.
4 mins
November 28, 2025
Mint Bangalore
When LLMs learn to take shortcuts, they become evil
Some helpful parenting tips: it is very easy to accidentally teach your children lessons you did not intend to pass on.
2 mins
November 28, 2025
Mint Bangalore
What if China weaponizes its dominance of pharma inputs?
Overdependence on China for drug-making should worry the US
3 mins
November 28, 2025
Mint Bangalore
VentureSoul closes first debt fund at ₹300 crore
VentureSoul Partners has announced the close of its maiden debt fund at ₹300 crore, with plans to raise an additional ₹300 crore through a green shoe option by February 2026.
1 min
November 28, 2025
Listen
Translate
Change font size