BUSINESS
Coronavirus pandemic | Not only entry and mid-level roles, leadership hiring too is frozen
These search firms are now looking at alternate pricing models and greener pastures to tide over the crisis.
BUSINESS
Coronavirus pandemic | Fate of H-1B visa holders hangs in balance; what does it mean for IT industry’s future?
There are over five lakh Indian H-1B visa holders in the US. Many of them have been waiting to get their green card for more than a decade.
BUSINESS
Outsourcing firms struggling to work at full capacity due to lockdown
The sector employs about 11 lakh people and according to reports, it accounts for about $38 billion.
BUSINESS
Coronavirus pandemic | With hardly any big, fat Indian weddings, entrepreneurs are a worried lot
Most entrepreneurs are seeing a drop of 30-100 percent in business and no visibility on future bookings. They are staring at dozens of refunds and payments
BUSINESS
Coronavirus fallout: Grim outlook for freelancers as contract jobs disappear
What most of them are afraid of is the demand scenario and if it will remain the same in the post-COVID-19 world.
BUSINESS
Coronavirus pandemic: Impact on aviation to hurt IT firms, revenues may drop 1-7%
Airlines and hospitality majors are slashing budgets and laying off employees to mitigate COVID-19's financial fallout.
BUSINESS
Techies can't wait to join office even if it means braving the traffic-clogged Bengaluru roads
Most of the techies in the garden city started WFH on a positive note, but the twist in the story has come after spending a few days at home.
BUSINESS
Coronavirus pandemic | Are we looking at yet another exodus of H-1B workers from USA?
Close to 20-30 percent of Indian H-1B and H4 visa holders in the US may be forced to return home in the next 5-7 months.
BUSINESS
Coronavirus | Working from home, IT employees battle job pressures & mental health issues
The sector employs about 40-50 lakh people, majority of them being migrants working across different cities.
BUSINESS
Life during coronavirus | Of a son attending father's funeral through video call & wedding guests getting stuck
With domestic and international travel ban in place, children of the deceased are unable to travel. Others who travelled for emergencies are unable to get back home
BUSINESS
Coronavirus pandemic: In this city of temples, people pray for essential goods
Retailer and distributors in the town told Moneycontrol that unless movement of essential goods resumes, they are likely to face shortage of food items in the coming days.
BUSINESS
5G troubles to hurt Wipro's technology business show in medium term
For the quarter ended December 2019, the technology vertical, accounting for about 12.3 percent of the overall revenue, declined 3.7 percent sequentially.
BUSINESS
Infosys sees rise in involuntary attrition in Q3
Rising layoffs aside, the firm’s attrition woes are in control. From 23.4 percent in Q1, the annualised attrition has come down to 21.7 percent in the second quarter and 19.6 percent in the third.
BUSINESS
Are the whistleblowers really Infosys employees? Nandan Nilekani asks
“We believe that our employees, especially in the finance department have the highest ethical standards. We don’t think they have anything to do with this,” he said.
TECHNOLOGY
Xiaomi likely to be first company to produce smartphones that support NavIC
According to a senior ISRO official, talks with the Chinese smartphone manufacturer is in its final stages, and if all goes well, the company is likely to launch handsets integrated with NavIC in six to seven months.
BUSINESS
Hot skills and top jobs in IT
AI,ML,Data Sciences, Cloud Architects are few of that the jobs that are hot right now.
BUSINESS
IT union to talk layoffs with Tamil Nadu labour, employment officials
The Forum for IT Employees has submitted a petition to the Tamil Nadu labour commission soon after Cognizant announced plan to lay off 12,000 mid and senior-level employees.
BUSINESS
Part of CSR funding should be used for research: Kris Gopalakrishnan
CSR money be used for research. Of the 2 percent CSR spend, 50 percent of it can be used for research.
BUSINESS
Infosys institutional investors cautious, await investigation report
The stock has taken a beating and was down 16 percent on October 22 .
BUSINESS
Infosys investors upset, but give company benefit of doubt
It is a double whammy for investors, who had begun to repose their faith in the IT giant after the nightmare of Panaya and Skava acquisitions.
BUSINESS
Growth in Mindtree healthy, but digital revenues need to pick up: Analysts
Unlike its peers that focus on large banks and capital markets in the US, Mindtree is strong in the insurance space, which has not been affected by the softness other IT majors are facing.
BUSINESS
Wipro Q2: Amid high volatility, company raises revenue guidance, steps up bench
The company increased its guidance from 0-2 percent to 0.8-2.8 percent, despite the macro-economic volatility. It is also stepping up its investment in building resources and digital capabilities.
BUSINESS
Q2 results analysis: More pain in store for IT firms in 2020, say experts
Sanchit Vir Gogia, founder, Greyhound Research, a technology advisory firm, said: "This situation is not great. There is a sense of scare."
BUSINESS
TCS focused on double digit growth, says CFO V Ramakrishnan
The senior executive says the business environment is not as seasonal as before while the second half may better the first.
