BUSINESS
COVID-19 impact: As AGMs go virtual, shareholders worry about management controls
Infosys and TCS to have their AGM June 27 and June 11 respectively, others like Wipro and HCL are expected to follow suit
BUSINESS
Stranded NRIs want US embassies to be included in essential services category
US embassies in India stopped routine visa processing from March 16 due to the COVID-19 outbreak and the subsequent lockdown has ensured that resumption of office work remains on hold.
BUSINESS
COVID-19 impact | With surge in layoffs, demand for outplacement services soars
Queries for outplacement have gone up 30-35 percent in the tech space since the virus outbreak intensified.
BUSINESS
COVID-19 impact: HCL Tech’s recruitment process in India to go virtual
The company will recruit 15,000 freshers and honour all the offers.
BUSINESS
Coronavirus impact: Soon, IT firms will probably dial in for resources thanks to WFH
The sector employs around 50 lakh people, with 11 lakh in the business process outsourcing space.
BUSINESS
Lockdown impact or remote-working need? Retailers see higher demand for laptops, phones and computers
With professionals working from home and children attending classes online, personal devices are now the must-have products
BUSINESS
Coronavirus impact | French BPO firm Teleperformance terminates 3,000 employees in India
Around 1.5 lakh employees in India's IT industry could lose their jobs over the next few months.
BUSINESS
COVID-19 impact | Swanky IT campuses may not lose value despite work from home buzz
In the long run, lack of work-life balance, mental health issues and poor infrastructure will see techies returning to office.
BUSINESS
Disturbing visuals, workplace abuse and stress: A day in the life of a Facebook content moderator in India
There is hardly any room for error and the consequences are terrifying.
BUSINESS
Is it fair for Labour Commission to question termination and salary cuts by IT firms?
According to industry watchers, layoffs are inevitable as business volumes come down and uncertainty around when the economy would recover.
BUSINESS
Without Optional Practical Training programme, higher education in US may lose sheen
There are over two lakh Indian graduates in the United States — the second largest student community after China.
BUSINESS
For private sector to play a significant role in space, a lot depends on implementation
The government will provide level playing field for private companies in satellites, launches and space-based services.
BUSINESS
SC dismisses plea seeking protection of IT employees against layoffs, pay cuts
The petition was filed in the wake of termination of employees and pay cuts despite the advisories issued by the Centre and state governments.
BUSINESS
KPIT Technologies' employees face pay cuts of 10-50%
The pay cuts will be in the range of 10-50 percent from April to September
BUSINESS
Coronavirus Lockdown 3.0 | What will change for migrant workers once the restrictions lift?
Better access to hygienic living conditions and healthcare will be a priority
BUSINESS
COVID-19 impact | Cognizant, Infosys defer lateral hires' on-boarding, uncertainty for hundreds of candidates
After Cognizant, Infosys too has deferred on-boarding of freshers due to COVID-19. More companies are likely to follow.
BUSINESS
Coronavirus pandemic | Companies are hiring, but there are no takers
Demand for blue collar workers came down by 60 percent since lockdown
BUSINESS
Coronavirus impact: IT companies look to lower travel bill
Travel cost of top IT firms account for about 2 percent of overall revenue. It had seen an increase in the last few years due to digital. That may now change
BUSINESS
Coronavirus | From suspending wage hikes to shift allowance what’s more in store for IT employees?
Wage hikes and promotions have been deferred indefinitely. Some firms have cut down travel allowance as well.
BUSINESS
Hiring during the virus: These are the top 10 in-demand skills in India now
Are you hunting for your dream job? If you have these skills, you could be hired despite the uncertainty linked to COVID-19 outbreak.
BUSINESS
IT unions have gained traction in the recent times, but where will this lead to?
Recent layoffs where thousands of mid and senior employees were laid off and terminations at the back of COVID-19 has spurred the unionisation activities
BUSINESS
COVID-19 impact | Anxious H-1B visa holders don't know what is next in store
"Sentiment towards H-1B holders are very hostile. It is unclear what the government would do. It is better not to take chances now. So we want to go back just to be safe," pointed out S Shankar, who is currently in Jaipur.
BUSINESS
Supreme Court to hear PIL seeking protection of IT employees against termination on May 15
Experts estimate that close two lakh IT/ITeS would lose jobs due to COVID-19 impact.
BUSINESS
HCL Tech to go slow on lateral hiring but will hire 15,000 freshers
The company yet to take a call on promotions and wage hikes.
