The terror attacks on Mumbai have taken a toll on IT Sector in the economic capital of India. The night-long havoc across Mumbai in hotels, petrol pumps, cinema halls is still continuing with guests kept as hostages in few buildings. Mumbai is the financial centre of India, and the markets were closed today.

The IT sector is terrified, shocked as some IT firms in Mumbai pulled down the shutters and some have even the employees of some companies worked from home.

With a curfew-like situation all throughout the day, it actually created terror in the minds of the citizens and they restrained from going out as they fear that the next bullet anywhere, anytime may carry anybody’s name.

The Maharashtra home minister and deputy chief minister, RR Patil urged the citizens to stay within their houses.

Companies like Sun Microsystems, Sony Ericsson cancelled their announcements and events scheduled to take place today at city hotels.

A section of the industry believes there won’t be any such impact on IT or business sector.

A BPO employee (Unnamed on request) working at a big multinational said, “I need to go to office. I need to work. I am scared but can’t help it”.

The main office of Tata Consultancy Services (TCS) was closed as it falls within the area where the terror drama took place.  However, employees turned up for work in the TCS offices in north Mumbai.

The TCS senior general manager (Corporate Communications), Pradipta Bagchi said,"TCS employees that work out of our offices in South Mumbai can operate out of any of the offices in North Mumbai until further advice”.

Bagchi further added, “A team of TCS experts continue to monitor the situation continuously and the company has very well established business continuity plans in place should the need arise to implement them”.

Keeping in view the possible danger posed at IT and business world, Netcore Solutions pulled down its shutters for the entire day.  

A senior Netcore official calling the incident an unfortunate one said, the company has decided not to work considering the security of the employees though he hopes things would get back to normal soon.

IT sector is already in trouble due to economic crisis. With patches of dark clouds hovering over the future of outsourcing, this terror strike must have made the damage already.

Especially, when UK and US nationals at Taj and Oberoi were chosen as hostages”. X