BUSINESS
Hot desking, hyperlocal hubs: What return to office will look like for techies
IT companies are cautiously preparing to bring employees back to office. As they get their staff vaccinated, they’re also keeping an eye out for signs of a possible third wave of the pandemic.
MCMINIS
What is behind continued deal momentum in IT?
BUSINESS
HCL Tech to hire 30,000 in FY23 as demand outstrips supply
Speaking to Moneycontrol, HCL Tech's VV Apparao said the company had been adding 40-50 percent more freshers every year and this would take the hiring count to 30,000.
BUSINESS
HCL America and its Google contract employees in union strike a tentative agreement
In a statement on July 23, USW International President Tom Conway said that the tentative agreement represents the hope of a bright future for workers seeking to organize unions to negotiate for better pay, benefits and working conditions, no matter what industry or occupation.
BUSINESS
Karnataka HC quashes UP police notice summoning Twitter India MD as malafide
In his judgement on July 23, Justice G Narendar, said that the provisions of the law cannot be permitted to become tools of harassment when the UP Police has not even placed an iota of material indicated that warrants notice under Section 41A. He permitted the interaction to continue on virtual mode or at the residence/office address of petitioner as submitted in documents.
BUSINESS
Cryptocurrency platforms are on a hiring frenzy to keep up with boom
Amid the rise in cryptocurrency trading and mining in India, platforms in this space are going out to hire talent. Most of the roles are technical, which means engineers are in high demand.
BUSINESS
Twitter US does not own a single share in its India entity, Twitter India MD tells Karnataka High Court
Twitter India is an accused in the case filed by Ghaziabad police on June 15 for sharing the video of an assault on a 65-year-old person. Its managing director Manish Maheshwari has challenged the notice that asked him to appear before the UP Police.
BUSINESS
HCL Tech to spend $200 million over two years to expand to newer geographies, build capabilities: CEO & MD C Vijayakumar
Telecom, with the focus on 5G, manufacturing focussed on Industry 4.0 and enterprise cloud are the three big areas of growth identified by C Vijayakumar, who has taken over as the managing director of HCL from Shiv Nadar
BUSINESS
Wipro to invest $1 billion over next 3 years to expand cloud transformation capability
As a part of the investment, Wipro FullStride Cloud Services was launched to help clients' in their cloud journey. The firm has seen consistent growth in its cloud business and employs over 79,000 cloud professionals and more than 10,000 people certified by the leading cloud service providers.
BUSINESS
TCS, Infosys, Wipro, HCL Tech to hire over 1.1 lakh freshers this year
Infosys plans to hire 35,000 freshers, Wipro more than 12,000, HCL Tech 20,000-22,000 and TCS will hire 40,000 people from campuses this fiscal to meet demand and attrition soar
BUSINESS
HCL Tech to hire over 20,000 freshers in FY22, roll out salary increments effective July 1
HCL Tech has vaccinated 70 percent of its employees so far and expect to vaccinate its entire workforce by the end of this quarter. The company has three percent of the employees coming to offices currently and this number is slowly going up.
BUSINESS
Shiv Nadar steps down as HCL Tech Managing Director, becomes Chairman Emeritus
Shiv Nadar is one of the pioneers of the computing and IT industry in India.
BUSINESS
Interview | Expect deal wins to go up as demand environment remains robust: Mindtree CEO Debashis Chatterjee
In this interaction with Moneycontrol, Mindtree CEO Debashis Chatterjee speaks about demand drivers, talent pipeline and return to work as vaccination gains pace.
BUSINESS
TCS, Infosys, Wipro added over 40,000 employees in Q1 FY22 as demand, attrition soar
While TCS will hire 40,000 freshers in FY22, Infosys 35,000 and Wipro 9,000. It will also roll out 30,000 offer letters to campus hires in the later part of this fiscal and they will join Wipro in FY23
BUSINESS
Exclusive | Who has grown faster than us this quarter? Says Wipro CEO Thierry Delaporte as company clocks best-ever Q1
Wipro CEO Thierry Delaporte gave an exclusive interview to Moneycontrol's Chandra R Srikanth and Swathi Moorthy as the company reported its best quarter in years.
BUSINESS
Wipro doubles down on hiring, will add over 12,000 freshers in FY22
It will on-board a record 6,000 freshers in the second quarter ending September 2021, and will be rolling out more than 30,000 offer letters to campus hires this year, who will be joining Wipro in FY23.
BUSINESS
Wipro to get employees back to office starting September
However, this will vary from one country to another and also depends on the different stages of the pandemic. Its peers TCS is looking to get employees back to work by September and Infosys in the next six-nine months.
BUSINESS
Wipro added 12,000 employees in Q1 FY22, highest in a decade
However, the company's attrition increased to 15.5 percent in the June quarter, up from 12 percent in the previous quarter.
BUSINESS
We are building a culture of transparency for governments, users around the world: Twitter’s Vijaya Gadde
According to Gadde, Legal, Public Policy & Trust and Safety Lead at Twitter, it is not garnering platform friends, either from the government or otherwise and might not make people happy.
BUSINESS
Infosys CEO Salil Parekh welcomes Zomato public issue, says internet IPOs will boost innovation in India
Parekh's comment comes on the day of Zomato's successful IPO, as the offer has been oversubscribed on the first day of the bidding process itself. Apart from Zomato, Paytm, Policybazaar, Mobikwik, Nykaa, and Delhivery are also firming up plans for a public listing in India.
BUSINESS
Infosys vaccinates half the workforce, up to 30% may return to office within six months
The Bengaluru-based IT major has vaccinated 58 percent of employees with first dose and 10 percent with both the doses. It has also placed an order for 25 lakh doses to vaccinate its employees.
BUSINESS
Infosys working to resolve issues in new IT portal, 10 lakh tax returns filed so far: COO Pravin Rao
The new income tax portal went live on June 7 night and ran into glitches the next day. It was flagged by the Finance Minister Nirmala Sitharaman, who met the Infosys executives on June 22.
BUSINESS
Infosys to ramp up fresher hiring to 35,000 in FY22
The number is up from 26,000 the company initially shared during the quarter ending March 2021 at the back of increasing demand. The company's attrition rate stood at 13.9 percent in the quarter.
BUSINESS
Wipro Ventures portfolio is $250 million and has invested in 25 companies globally: Chairman Rishad Premji
Wipro Ventures is an investment arm of Wipro, where the firm invests in the early to mid stage new age startup companies that can enhance our portfolio of offerings that the company takes to customers. Premji was speaking at the company's 75th annual general meeting on July 14.
