Big Tech (India)
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Big Tech (India)
Big Tech in India, also known as the Indian IT Giants, are the largest companies in the Indian information technology industry. The definition primarily includes Tata Consultancy Services, Infosys, HCLTech, and Wipro, and also often encompasses Cognizant and Tech Mahindra. They are referred to in the media as "Big Six" or "Big Five", and with acronyms such as TWITCH and WITCH. The companies are among the dominant players in the global delivery model, providing IT consulting, outsourcing and offshore software development to ''Fortune'' Global 500 corporations and government entities. All six companies feature among the 20 largest employers in India. Five of them are part of the NIFTY 50 benchmark index of most valuable publicly-listed companies, while the sixth, Cognizant, is part of the Nasdaq-100. Background In the 2000s, Gartner coined the acronym SWITCH, to refer to the six largest Indian IT companies Satyam, Wipro, Infosys, TCS, Cognizant and HCL. This acronym and th ...
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Information Technology In India
The information technology (I.T.) industry in India comprises information technology services and business process outsourcing. The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. In FY24, India's IT-BPM industry is estimated to have generated $253.9 billion in revenue The domestic revenue of the IT industry is estimated at $51 billion, and export revenue is estimated at $194 billion in FY 2023. The IT–BPM sector overall employs 5.4 million people as of March 2023. In December 2022, Union Minister of State for Electronics and IT Rajeev Chandrasekhar, in a written reply to a question in Rajya Sabha informed that IT units registered with state-run Software Technology Parks of India (STPI) and List of special economic zones in India, Special Economic Zones have exported software worth Rs 11.59 lakh crore in 2021–22. History The Electronics Committee also known as the "Bhabha Committee" created a 10-year (1966–1975) plan laying the foundation for India's IT ...
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Nasdaq-100
The Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the Nasdaq Financial-100. History The Nasdaq-100 was launched on January 31, 1985, by the Nasdaq. It created two indices: the Nasdaq-100, which consists of industrial, technology, retail, telecommunication, biotechnology, health care, transportation, media and service companies, and the Nasdaq Financial-100, which consists of banking companies, insurance firms, brokerage firms, and mortgage loan companies. The base price of the index was initially set at 250, but when it closed ...
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Software Companies Of India
Software consists of computer programs that instruct the execution of a computer. Software also includes design documents and specifications. The history of software is closely tied to the development of digital computers in the mid-20th century. Early programs were written in the machine language specific to the hardware. The introduction of high-level programming languages in 1958 allowed for more human-readable instructions, making software development easier and more portable across different computer architectures. Software in a programming language is run through a compiler or interpreter to execute on the architecture's hardware. Over time, software has become complex, owing to developments in networking, operating systems, and databases. Software can generally be categorized into two main types: # operating systems, which manage hardware resources and provide services for applications # application software, which performs specific tasks for users The rise of cloud ...
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Lists Of Companies Of India By Industry
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole".Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of ''The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help us ...
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List Of Indian IT Companies
A list is a set of discrete items of information collected and set forth in some format for utility, entertainment, or other purposes. A list may be memorialized in any number of ways, including existing only in the mind of the list-maker, but lists are frequently written down on paper, or maintained electronically. Lists are "most frequently a tool", and "one does not ''read'' but only ''uses'' a list: one looks up the relevant information in it, but usually does not need to deal with it as a whole". Lucie Doležalová,The Potential and Limitations of Studying Lists, in Lucie Doležalová, ed., ''The Charm of a List: From the Sumerians to Computerised Data Processing'' (2009). Purpose It has been observed that, with a few exceptions, "the scholarship on lists remains fragmented". David Wallechinsky, a co-author of '' The Book of Lists'', described the attraction of lists as being "because we live in an era of overstimulation, especially in terms of information, and lists help ...
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BATX
BATX is an acronym standing for Baidu, Alibaba Group, Alibaba, Tencent, and Xiaomi, the four biggest tech firms in China, often compared to Big Tech, GAMMA (Google, Amazon (company), Amazon, Meta Platforms, Meta (Facebook), Microsoft, Apple Inc., Apple) in the United States. BATX were some of the first tech companies started in the 2000s during the rise of the Chinese technology revolution and quickly became widely used among Chinese netizens. Notably after 2015, some other tech companies like Huawei, DiDi, JD.com, JD, DJI and ByteDance have also become some of the up-and-coming biggest tech giants in the industry. List History In 2000, under Chairman of the Chinese People's Political Consultative Conference, Chairman Jiang Zemin's instruction, China started the Golden Shield Project to manage the media and information flow within China, in an attempt to protect national security and limit the infiltration of Western propaganda. Under the Golden Shield Project, many American ...
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Big Three (management Consultancies)
The Big Three or MBB refers to management consulting firms McKinsey & Company, Boston Consulting Group, and Bain & Company. Widely considered the most prestigious strategy consulting firms in the world, the three companies are distinguished by the depth and rigor of their analyses and recommendations, rich histories of service dating back to their foundings in the mid-19th century, and strong client bases spanning some of the world's largest and more important companies. Known for their highly selective and competitive recruiting process, the MBB firms hire a large portion of their consultants from prestigious undergraduate universities and MBA programs around the world, supplementing them with more senior industry hires with deep expertise in specific sectors served by the firms. While continuing to maintain a focus on the strategy consulting work for which they originally rose to prominence, the MBB firms have expanded their portfolio of offerings over the years to include cons ...
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Big Three (automobile Manufacturers)
In the Automotive industry in the United States, United States automotive industry, the term ''Big Three'' is used for the country's three largest motor vehicle manufacturers, especially indicating companies that sell under multiple brand names. The term originated in the United States, where General Motors was the first to form a large, multi-brand, motor-vehicle corporation (in the 1910s), followed by the Ford Motor Company, and the Chrysler, Chrysler Corporation, all before World War II. The term ''Big Three'' has since been sometimes used to refer to the following automakers: * United States — General Motors, Ford Motor Company, Ford, and Stellantis (historically Chrysler) * Germany — the Volkswagen Group, the Mercedes-Benz Group, and BMW * Japan — Toyota, Honda, and Nissan * South Korea — Hyundai Motor Company, Kia Corporation, and GM Korea * India — Mahindra & Mahindra, Mahindra, Maruti Suzuki, and Tata Motors * China — BYD Auto, Geely Auto, and Great Wall Mot ...
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Big Four Accounting Firms
The Big Four are the four largest professional services networks in the world: Deloitte, Ernst & Young, EY, KPMG, and PwC. They are the four largest global accounting networks as measured by revenue. The four are often grouped because they are comparable in size relative to the rest of the market, both in terms of revenue and workforce; they are considered equal in their ability to provide a wide scope of professional services to their clients; and, among those looking to start a career in professional services, particularly accounting, they are considered equally attractive networks to work in, because of the frequency with which these firms engage with Fortune 500, ''Fortune'' 500 companies. The Big Four all offer audit, assurance services, assurance, taxation, management consulting, Valuation (finance), valuation, market research, actuarial, corporate finance, and legal services to their clients. A significant majority of the audits of Public company, public companies, as w ...
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Big Tech
Big Tech, also referred to as the Tech Giants or Tech Titans, is a collective term for the largest and most influential technology companies in the world. The label draws a parallel to similar classifications in other industries, such as "Big Oil" or "Big Tobacco". In the United States, it commonly denotes the five dominant firms—Alphabet Inc., Alphabet, Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft—often called the "Big Five". An expanded grouping, sometimes termed the "Magnificent Seven", includes Nvidia and Tesla, Inc., Tesla. The concept of Big Tech can also extend to the major Chinese technology firms—Baidu, Alibaba Group, Alibaba, Tencent, and Xiaomi—collectively referred to as BATX. History In the late 20th century, IBM, Apple, Inc., Apple and Microsoft dominated the IT industry. After the dot-com bubble wiped out most of the Nasdaq Composite stock market index, surviving tech startup company, startups expanded their market shar ...
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Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. The total capitalization of stock markets or eco ...
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Financial Forecast
A financial forecast is an estimate of future financial outcomes for a company or project, usually applied in budgeting, capital budgeting and/or valuation. Depending on context, the term may also refer to listed company (quarterly) earnings guidance. For a country or economy, see Economic forecast. Typically, using historical internal accounting and sales data, in addition to external industry data and economic indicators, a financial forecast will be the analyst's modeled prediction of company outcomes in financial terms over a given time period. For the components / steps of business modeling here, see . Arguably, the key aspect of preparing a financial forecast is predicting revenue; future costs, fixed and variable, as well as capital, can then be estimated as a function of sales via "common-sized analysis" - where relationships are derived from historical financial ratios and other accounting relationships. At the same time, the resultant line items must talk to ...
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