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IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs

The tide might have turned for IT stocks as investors found them in favour again. However, the thir…

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2 mins read

Unlike TCS, Infosys wants to remain flexible on WFH

Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…

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Recession in the US may cool off attrition in IT sector along with revenues

After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…

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2 mins read

IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore

Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…

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1 min read

Infosys hikes CEO Salil Parekh's salary by 88% to ₹79.75 crore per annum

This makes him one of the highest paid executives in India. The company provided the sharp hike …

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3 mins read

Margin recovery likely an uphill task for Infosys after Q1 shock

India’s second largest IT services company Infosys reported a sequential decline in its net profit …

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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3 mins read

Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes

The March quarter earnings season will begin next week with the results of major information techno…

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6 mins read

Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23

India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…

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Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks

As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …

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3 mins read

It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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3 mins read

EXCLUSIVE: Infosys Group HR Head explains what he is looking for in campus hires this year

One of the biggest issues in Indian IT industry is that the starting salaries for engineers have no…

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2 mins read

Infosys reportedly plans to reduce the number of managers— the CEO and COO got over 25% salary raise in FY20

Infosys is undergoing a major structural rejig across the senior management — which accounts for ne…

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1 min read

TCS has 100 people earning over ₹10 million-- and a third of them started their careers in the company

Homegrown IT major Tata Consultancy Services(TCS) reportedly extended nearly ₹10 million in annual …

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2 mins read

After TCS, Infosys reportedly plans to double salaries for 'coding experts'

Freshers who are expert at coding have a lot to gain as the technology major Infosys looks to doubl…

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3 mins read

India’s tech talent pool is from Vizag, Indore and Warangal — that’s where Infosys, TCS and others are heading

The expenses of living have increased across the country due to inflation, white-collar jobs and pe…

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4 mins read

IT jobs are safer than startup jobs but a salary bubble burst awaits them

Even as the Indian startup job crisis looms large, the startup-adjacent IT sector might not go the …

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1 min read

TCS is running on women power, with over 150,000 permanent employees

The IT company has nearly 436,641 employees onboard with them — with 152,114 permanent women emp…

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2 mins read

TCS completes its fresher hiring target three months ahead of schedule but it’s not done yet

TCS had earlier said that it would hire an additional 34,000 freshers by March but it has alread…