IT means...

1. NIIT : Not Interested in IT
2. WIPRO : Weak Input, Poor & Rubbish Output
3. HCL : Hidden Costs & Losses
4. TCS : Totally Confusing Solutions
5. INFOSYS : INFerior Offline SYStems
6. SAPIENT : Silly And Puzzled Idiots Exploring Network Technology
7. HUGHES : Highly Useless Graduates Hired for Eating and Sleeping
8. BAAN : Beggers Assosciation and Nerds
9. IBM : Implicitly Boring Machines
10. SATYAM : Sad And Tired Yelling Away Madly
11. PARAM : Puzzled And Ridiculous Array of Microprocessors
12. C-DOT : Coffee During Office Timings
13. AT&T : All Troubles & Terrible 1
4. CMC : Coffee, Meals and Comfort
15. DEC : Drifting & Exhausted Computers
16. BFL : Brainwash First and Let them go
17. DELL : Deplorable Eq


I wud definitely like to add some more acronyms here....