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1 min read

TCS to dole out a second salary hike within a span six months

India’s biggest information technology (IT) services company, Tata Consultancy Services (TCS), is s…

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3 mins read

TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs

Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …

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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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3 mins read

Attrition is as hard to predict as death says C P Gurnani after TechM loses profits to wage hikes

A fourth of Tech Mahindra’s first quarter revenues were eaten up by employee expenses, pushing its …

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2 mins read

Infosys to reinstate wage hikes, promotions and hiring — will impact margins over the next six months

Infosys has witnessed a stellar second quarter with a 16.2% jump in profits over the last three mon…

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2 mins read

TCS to report solid revenue growth, margin expansion in Q2 aided by strong deal execution, rupee depreciation

The earnings season for the July-September quarter will kick off with IT major Tata Consultancy Ser…

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2 mins read

TCS CEO took home over ₹20 crore pay in the last financial year, as managerial hike goes up by 55%

According to TCS' annual report for 2020-21, Gopinathan received ₹ 1.27 crore in salary, ₹2.09 c…

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5 mins read

Infosys to lead the pack this earnings season while margin pressure will continue for two quarters

Margins are likely to be impacted on account of wage hikes, high retention costs, increased travel …

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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 …