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2 mins read
Mobility is good for careers, says TCS on employee transfers
India’s top IT company TCS said that employee transfers are a part of their contracts with the comp…
6 mins read
IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs
Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…
1 min read
TCS kicks off Q3 earnings with better than expected show, announces special dividend
IT bellwether, TCS, has kicked off the Q3FY24 earnings season on Thursday reporting revenue of ₹60,…
3 mins read
TCS crosses the 6 lakh employee milestone even as 1 in 5 quit in the first quarter
Indian IT services giant TCS reported a subdued first quarter of FY23, with its profit missing anal…
2 mins read
TCS wants employees back to office to teach them what can’t be taught
Within two years of coming up with a 25/25 plan to have only 25% of its workforce in the offices, t…
6 mins read
Infosys sees 4-7% revenue growth in FY24 after it misses its FY23 guidance
IT major Infosys guided for a 4-7% revenue growth in FY24, after missing its own revenue guidance f…
2 mins read
TCS assures 70% employees will receive full variable pay
The country’s largest IT company TCS seems to have ridden past this. The company’s HR head Milind L…
5 mins read
Brokerages not rattled by big 3 IT players' tepid Q2 performance
The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…
6 mins read
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
3 mins read
Layoffs coming to the Indian IT sector? Analysts say Accenture’s jobs cuts offers a ‘blueprint’
In spite of the many startups laying off employees since last year, the Indian IT sector has so far…
5 mins read
Overall demand scenario not changed significantly but Europe is a problem says TCS CEO
“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…
3 mins read
Former TCS CEO Rajesh Gopinath got a 13% pay hike last financial year
Former TCS CEO Rajesh Gopinathan's overall remuneration jumped 13.17 per cent to Rs 29.16 crore in …
PTI
5 mins read
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
4 mins read
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…
3 mins read
Moonlighting is an ethical issue says TCS HR head
TCS reported a surge in attrition rates in the September quarter – at 21.5%, it is the highest in t…
4 mins read
TCS Q2 net profit crosses ₹10,000 cr for the first time, reports 10% sequential growth
IT major TCS on Monday kickstarted the Q2 earnings season, crossing the ₹10,000 crore quarterly net…
5 mins read
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…
3 mins read
More employees are leaving Infosys, Tech Mahindra than TCS and Wipro
Shares of information technology (IT) firm Tech Mahindra slumped nearly 4% on February 2 as investo…
3 mins read
US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain
While the market momentum is weak on Friday, information technology (IT) company stocks are the out…
2 mins read
Cognizant faces the worst attrition rate in the industry, hires record number of employees to fill the gap
The Indian information technology (IT) industry is reeling with a very high number of employees lea…