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[...] Having secured their control of NASSCOM, and through NASSCOM the IT policy agenda, the Giants felt suitably emboldened to change tack in their recruitment. They stopped employing entry-level professionals and started poaching experienced employees of other software firms, in particular from I…

The competition in the domestic labour market between Giants and Majors initially induced the Indian Majors to move up the value chain. [...] the Majors had long since settled on informal anti-poaching agreements amongst themselves, acknowledging that the costs of poaching far outweighed the gains.…

Service provision by remote delivery also directly helped firms increase productivity and move up the value chain. [...] body-shopping had spawned much employee poaching by the TNC clients of Indian software firms. [...] With body-shopping reduced, so too was poaching. The potential of firms to upg…

The licensing system engendered by the Minicomputer Policy was the major policy shift [...] the DoE was essentially offering licenses to any Indian firm applying to enter the computer hardware industry. [...]

This impacted directly, rapidly and negatively on the competitive structure of the Indi…

[...] While explanations for the Emergency differ - with the government claiming it was a response to national security threats and opponents claiming it had much more to do with Indira Gandhi's own thirst for power - all are agreed it had nothing to do with the Business Houses. However, while the …