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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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 …

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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…

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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…

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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…

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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…

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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…

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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…

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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…

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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…

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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…