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