"Indian It"
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Indian IT expert loses Rs 20 lakhNo one is safe from online fraud Credit: Rumble Duration: 01:12Published | |
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Why Indian IT sector giants are likely staring at slowest growth everIndia's top IT companies, including Infosys, Wipro, TCS, and HCLTech, are experiencing their slowest growth ever. Infosys is expected to report its slowest growth based on current guidance of 1-2.5%...IndiaTimes - Published | |
Lagging peers, Wipro's revenue falls 4.8% in Quarter 2Wipro, an Indian IT company, has reported a decline in revenue for the third consecutive quarter. In the September quarter, the company's revenue declined by 4.8% year-on-year and 2% sequentially...IndiaTimes - Published | |
IT Giant Wipro Reports Flat Net Profit In Q2 Amid Global Economic UncertaintyThe Indian IT services sector has been contending with soft demand for the last three quarters as clients delayed deal-making decisions or are outright cutting back on expenditure. Businesses are..Zee News - Published | |
Headcount at TCS, Infosys & HCLTech may fall by 50,000 this fiscal; some Indian IT majors giving campus hiring a missIndian IT companies to see reduction in headcount: In contrast, during the previous fiscal year, these companies collectively added 70,000 employees, while in FY22, they hired a substantial 150,000,..IndiaTimes - Published | |
Wipro to roll out salary hikes effective December 1; details hereThe Indian IT industry, valued at $245 billion, has been affected by a slowdown in tech spending, leading to deferred salary hikes and reduced variable pay for the 5.1 million people it employs.IndiaTimes - Published | |
TCS looks at 5th buyback in 6 yrs, may hit ₹20k cr markIndian IT company Tata Consultancy Services (TCS) is considering a fifth share buyback in six years, which could benefit its parent company Tata Sons. TCS's board, led by N Chandrasekaran, will discuss..IndiaTimes - Published | |
Indian IT staring at anaemic hiringAccenture's weak hiring numbers could have a ripple effect on the Indian IT industry. The company added only 951 people in the fourth quarter, while its headcount for the fiscal year dropped by 4,900...IndiaTimes - Published | |
Indian IT gears up for muted Q2 earningsIndian IT companies are expected to face a weak earnings season due to Accenture's modest guidance and continued weakness in discretionary spending. However, deal wins have accelerated, giving..IndiaTimes - Published | |
India's visa suspension will have limited impact for businessesIndia's suspension of visa services to Canadian citizens has raised concerns among technology companies, professionals, and entrepreneurs. While there may be delays in new contracts, the impact on..IndiaTimes - Published | |
Chitkara University Honours J A Chowdary-Pioneer in Entrepreneurship with Honorary Doctorate*Chitkara University* conferred an Honorary Doctorate degree upon J A Chowdary, the distinguished Founder and Chairman of the International Startup Foundation. This prestigious recognition pays homage..NewsVoir - Published | |
Meet IIT alumna, father of Indian IT industry who borrowed Rs 10,000 from wife to start company, his net worth is...NRN Murthy was raised in a middle-class home. He married Sudha Murthy who is chairperson of the Infosys Foundation.DNA - Published | |
Altysys Announces Appointment of Arjun Malhotra as Advisory Board ChairmanArjun Malhotra, the pioneer of Indian IT industry has been appointed the Board Chairman at Altysys, one of the fastest growing Technology Services Start-ups in the healthcare domain. Arjun was..NewsVoir - Published | |
Several IT services cos defer salary incrementsIndian IT employees have had a mixed bag with increments this time around, reflecting the softer business environment. Infosys and HCLTech have not rolled out hikes yet. Infosys normally announces the..IndiaTimes - Published | Indian IT industry expected to grow 3-5% revenue in 2024, lower than 2023: ReportnewKerala.com - Published |
95% of Indian IT leaders believe genAI soon have big role at their firms: ReportnewKerala.com - Published | IT cos strike it rich with mega dealsIndian IT firms, including TCS, Infosys, Wipro, and HCLTech, have collectively secured multi-billion dollar deals in the June quarter. The objective of these deals is to cut costs through asset and..IndiaTimes - Published |
This man has donated Rs 829734 crore, an Indian, it's not Mukesh Ambani, Ratan Tata, Azim Premji, Shiv Nadar, AdaniIt is to be noted that the philanthropists are ranked on the basis of Total Philanthropic Value, which has been calculated after adjusting the value of the assets for inflation.DNA - Published | Hiring activity sees growth in Indian IT, BPO sectors in June: ReportnewKerala.com - Published |
Inflow Signs Distribution Agreement with GigamonInflow Technologies today announced its strategic partnership with Gigamon the US based leading provider of network visibility and analytics solutions that enable organizations to optimize their..NewsVoir - Published | This Indian IT company with market cap of Rs 14,200 crore plans to hire 6,000 employees in Mumbai, Noida; check detailsDespite the increasing pace of layoffs in the IT industry, an Indian IT company has declared its intention to hire over 6,000 individuals.DNA - Published |
Lightstorm Establishes Strategic Partnership with SupertronVAD for its Self-Service NaaS Platform; Polarin*Lightstorm*, a digital infrastructure provider is expanding its market reach through its partnership with SupertronVAD Venture, for its newest product - a unique Network-as-a-Service (Naas) Platform -..NewsVoir - Published | STPI Organizes Seminar on Growth Avenues for Indian IT Industry and Emerging Tech eco-system on its 32nd Foundation DaynewKerala.com - Published Also reported by •NewsVoir |
Wipro: IT giant's CEO earned Rs 22.7 lakh per day, his FY23 annual salary was...Last year, Thierry Delaporte's salary was the most impressive among peers in the Indian IT industry.DNA - Published | Infosys tumbles 15% on weak revenue outlook, dents sectorShares of Infosys on Monday plummeted by nearly 15%, causing a ripple effect on its peers and the benchmark index. This steep decline was triggered by the company's bleak revenue outlook, which raised..IndiaTimes - Published |
IT hiring to slow further as global banks turn cautiousThe crisis engulfing global banks in the US and Europe is likely to create additional stress on Indian IT industry that is already staring at macroeconomic pressures. It is set to almost halve net..IndiaTimes - Published | Meet Mohit Joshi, Delhi University alumnus who earns Rs 9.5 lakh per day, annual salary is...Who is Mohit Joshi? The veteran business leader's move from Infosys to Tech Mahindra is one of the most significant executive movements in the Indian IT industry in recent times.DNA - Published |
Former Infosys Prez Mohit Joshi Appointed New MD, CEO Of Tech Mahindra As C P Gurnani To RetireJoshi will replace Gurnani who has been one of the longest serving chief executive officers of the Indian IT sector. Gurnani had joined Tech Mahindra in 2004 and later spearheaded the takeover of..Zee News - Published | Indian IT sector to touch $245 bn in FY23: NasscomIndiaTimes - Published |
Good news for Indian IT workers! German Chancellor plans to ease visa application in tech sectorIndia's information technology professionals will reportedly find it simpler to secure work visas in Germany, according to German Chancellor Olaf Scholz.DNA - Published | Germany wants to ease visa application for Indian IT workersGerman Chancellor Olaf Scholz said on Sunday that his government wants to make it easier for information technology experts from India to obtain work visas in Germany as the country struggles with a..IndiaTimes - Published |
Growth for Indian IT services industry likely to slow down: ICRAnewKerala.com - Published | Job growth in Indian IT sector slumps 25% amid layoffsnewKerala.com - Published |
Thousands of Indian IT professionals scrambling for options to stay in the USL-1A and L-1B visas are available for temporary intracompany transferees who work in managerial positions or have specialised knowledge.IndiaTimes - Published | 43pc Indian IT employees find moonlighting favourable: ReportnewKerala.com - Published |
Wipro becomes first Indian IT company to allow employee union in EuropeThe EWC agreement was negotiated with employee representatives from 13 countries including Germany, the Netherlands, France, Sweden, and Finland. The EWC was created within the three-year regulatory..IndiaTimes - Published | Indian IT and business services market reaches over USD 7 bnnewKerala.com - Published |
Indian companies turn to exotic options to manage fx costs, risksA few large Indian companies are returning to exotic currency options to deal with the rupee's volatility as they look to manage hedging costs and foreign exchange risks. These options provide..IndiaTimes - Published | Twitter reduces its global workforce, prompts criticism by Indian IT Minister Ashwini VaishnawUnion IT Minister Ashwini Vaishnaw has criticised the decision by Elon Musk-run Twitter to sack its employees in India, saying that they should have been given a “fair time for transition”...BGR India - Published |
Infosys allows employees to take up external gig workIn what appears to be an industry-first practice in Indian IT, Infosys has formalised guidelines for those wanting to pursue gig opportunities outside their primary jobs and earn extra bucks with full..IndiaTimes - Published | Contentstack to Host A Masterclass at NASSCOM Product Conclave 2022Contentstack is partnering with NASSCOM as the exclusive Digital Experience Partner, at the 19th edition of NASSCOM Product Conclave, organised during 18th-19th Oct at Taj Yeshwantpur, Bengaluru. This..NewsVoir - Published |
All hell breaks loose on moonlighting as WFH shrinks at Indian IT firmsnewKerala.com - Published | GyanMatrix Partners with Two Leading Engineering Colleges to Launch an Innovative 'Earn while you Learn' ProgramIn an innovative hiring strategy, *GyanMatrix* has partnered with two engineering colleges to train budding engineers in their first year to make them future employees.GyanMatrix, an India-based..NewsVoir - Published |
Indian IT firms cut staff bonuses as US, European clients tighten budgetsIndia's top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US and European clients who are bracing for a recession will sharply hit their own profits after..IndiaTimes - Published | Indian IT sector top revenue generator, job creatornewKerala.com - Published |
HCL CEO C Vijayakumar becomes highest-paid Indian IT CEO: Here’s how much he made last yearHCL said in its annual report that its chief executive officer C. Vijayakumar received a salary of Rs 123.13 crore ($16.52 million) in 2021.Zee News - Published | Indian IT wins half of top deals since 2020Indian IT firms have been among the biggest beneficiaries of the IT deal consolidations in the last two years. At least half of the top global deals were snagged by Indian IT players.HfS Research’s..IndiaTimes - Published |
Rising wages, costs wipe gains for ITThe rupee depreciating would ordinarily have been a big positive for the Indian IT industry and goods exporters, helping improve margins and competitiveness.But this time, other developments have..IndiaTimes - Published |