BUSINESS
HCL Technologies looking for talent off-campus as COVID-19 hampers recruitment process
The 12,000 freshers HCL Tech plans to recruit, will have a mix of on-campus and off campus students
BUSINESS
Headcount fell by 9,000 at the top four IT firms in Q1 due to Covid-19. How will they fare in the next three quarters?
TCS, Infosys, HCL Tech and Wipro, which employ close to 10 lakh people, deferred fresher on-boarding and reduced lateral hiring in Q1
BUSINESS
Indian IT firms not happy with H-1B ban despite decline in visa dependence, here is why
Indians continue to be one of the largest beneficiaries of 85,000 H-1B visas issued every year.
BUSINESS
HCL Tech expects recovery from Q4FY21 or Q1FY22 driven by digital: CEO C Vijayakumar
The company has given revenue guidance of 1.5-2.5 percent in constant currency for the next three quarters.
BUSINESS
Roshni Nadar Malhotra as HCL chairperson: New boss is under the shadow of the old boss
The handover from father Shiv Nadar, 75, who co-founded the IT company back in 1976, will not really lead to a shakeup or change in strategy.
BUSINESS
HCL Tech to suspend wage hikes for FY21 due to COVID-19, hiring to continue
The company hired 2000 laterals in the June quarter and will continue to hire based on need in coming quarters.
BUSINESS
SoftBank-backed Oyo faces fresh bout of complaints from hoteliers
Hotel owners have accused the startup of failing to honour contracts, withholding payments and breach of trust.
BUSINESS
Infosys reinstates growth guidance even when its peers haven't. What’s behind this confidence?
Cloud, automation, vendor consolidation along with strong deal momentum is granting the company better visibility and confidence
BUSINESS
Infosys to on-board 20,000 freshers in FY21 as COVID-19 freeze lifts, COO Pravin Rao says
Till the December quarter, Infosys recruited over 16,000 laterals and 18,000 freshers.
BUSINESS
Another hotelier drags Oyo to court; Madras High Court asks firm to respond by August 12
The hotel is now seeking relief and is requesting for a compensation of Rs 75 lakh from Oyo Hotels & Homes
BUSINESS
Cisco caste-bias case: Increasing voices now call for an anti-caste framework in Silicon Valley companies
While discrimination on the basis of race is well-defined in the US, one on the basis of caste is not. Hence, caste bias is not unlawful in the country now.
BUSINESS
COVID-19 impact: Tech Mahindra employees pack their bags, move to guesthouse as Pune lockdown begins
Currently, less than one percent of employees are working from office. The company has said any shift made by employees is voluntary.
BUSINESS
Worst of COVID-19 over for TCS, recovery in sight: CFO V Ramakrishnan
The confidence, Ramakrishnan says, comes from the strong order pipeline, heightened conversation with customers and also the kind of opportunities they are seeing.
BUSINESS
US visa ban | Is Canada really the next destination for thousands of Indian techies after the US?
For, though the interest in the country is increasing at present, lack of skilled jobs in tech and vibrant tech ecosystem the US are missing
BUSINESS
Too many top level exits in Cognizant in the last one year. Here's why
The company had seen at least half a dozen top level exits and termination of thousands of mid and senior employees since Brian Humphries took over
BUSINESS
Cognizant India head Ramkumar Ramamoorthy quits after 23-year stint
Cognizant’s current global delivery head Pradeep Shilige has quit after 24 years. He is being replaced by Accenture veteran Andy Stafford.
BUSINESS
Capgemini lays off bench employees, gets notice from Pune Labour Commission
Capgemini argued that the layoffs are purely based on performance
BUSINESS
Why revenue per employee in IT firms continues to grow slow despite huge growth in digital
According to industry watchers, vague definition of digital and pricing are few reasons why RPE continues to grow at a much slower pace.
BUSINESS
COVID-19 could delay Rs 7,000-crore National Artificial Intelligence mission, but industry players say immediate roll-out necessary
The National Artificial Intelligence mission is crucial to India, which is striving to be a trillion-dollar economy, with digital economy as its backbone. According to a report by Accenture, AI has the potential to add $957 billion, or 15 percent of India's GDP by 2035.
TRENDS
Skills you need to develop in-house social media platform as India looks to become self-reliant
Having an in-house social media involves huge investment in technology, talents and customer acquisition cost. However returns could be huge given that India is the second largest online market after China with digital ad spend of about $210 billion.
BUSINESS
US visa ban | The worst is not yet over for H-1B visa holders
After temporary suspension of skilled non-immigrant visas such as H-1B, US administration's '2020 Spring Agenda' suggests there are more changes being planned.
BUSINESS
Q1 results: Can Indian IT firms manage to duck COVID-19 bouncer?
While the first quarter of FY21 is likely to see a decline, a 5 percent quarter-on-quarter as some brokerages estimate, there is a silver lining — digital.
BUSINESS
US H-1B Visa Ban: Indians rush towards EB-5 visa to fulfill their 'American dream'
While the recent executive orders banned non-immigrant visas such as H-1B, EB-5 was exempted. There is a country cap of 700, which India reached in July 2019.
BUSINESS
India-China border standoff: Another setback for IT firms looking to expand in the region?
Currently, China accounts for about 3 percent of the overall revenue of Indian IT and BPO firms, according to a report.
