Employees who have been unallocated or “on the bench” for over eight months without finding a suitable role are offered a simpler package, consisting of notice period pay equivalent to three months.
Ashwin Yardi, who has led Capgemini in India for seven years, will retire from executive duties at the end of December.
The sharp rise in hiring comes as global firms increasingly turn to India to bridge the AI talent gap.
Dhaval Radia, CFO of ZEISS India, said back-testing of three years of data revealed striking improvements.
Sudeep Kunnumal - Chief Human Resources Officer Designate, will take charge as the Chief Human Resources Officer of the Company from October 1, 2025.
TCS told Moneycontrol that speculations around a higher number of layoffs are incorrect and misleading, adding that the impact is limited to 2% of its workforce.
The JLR hack will be the third such massive cyberattack among TCS’ customers. Previously, Marks & Spencer and the Co-op,two of TCS' British customers had suffered attacks this year
CEO Julie Sweet said every time there’s a big policy change, unfolded over decades, it has usually driven more business for the company.
Since it began separately disclosing Gen AI numbers in FY24, the company has accumulated more than $7 billion in bookings from the nascent technology.
The AI universe has engulfed industries and economies that are committing huge spends even as it has sparked fears of job losses
Experts warn the proposal could disproportionately impact Indian IT firms and accelerate offshoring of tech jobs.
As per AMFI data, 6 million new SIPs were created in India in June 2025, while Groww created 2 million new SIPs during the period, implying that around 33 percent of all new SIPs were created on the company’s platform.
Meanwhile, the H-1B setback weighed on listed shares of Indian large and midcap IT companies on September 22. Most fell between 2-5 percent to take the Nifty IT index down by up to 3 percent in early trade.
This calms the nerves of those expecting a massive hit for Indian IT firms, particularly in terms of margins and other business parameters.
Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra now have between 20 percent and less than 50 percent dependency on H-1B visas to deploy workforce in North America.
Immigration lawyers are advising impacted professionals to “wait and watch”, because the next step is going to be a litigation against Trump’s move
India’s technology services companies will be impacted as business continuity will be disrupted for onshore projects and additional cost will require adjustments. Companies will work closely with clients to adapt and manage transitions, Nasscom said.
The Teaneck-headquartered company, with a healthy exposure to H-1B visas in the US, is reviewing the US President Donald Trump’s H-1B visa fee hike and evaluating its potential impact on the company’s operations.
Moneycontrol reported that the Indian government too is assessing the situation and New Delhi is in touch with the Indian Embassy in Washington and is holding consultations with Nasscom.
Centre in talks with NASSCOM, Indian Embassy in Washington; fallout may push more global capability centres to India, said a senior government official
Nevertheless, firms with deep pockets, such as Infosys, TCS, and Wipro, can sweeten the deal by offering flexible payments, outcome-based pricing, or covering upfront costs to push hesitant clients.
Edelweiss added that Snowflake’s pay-as-you-use pricing and separation of compute from storage were central to cutting costs.
Minister Vaishnaw said the models that were selected earlier are progressing 'really well' and he is confident that India will have a model or models by the time the AI Impact Summit gets underway in February 2026.
iValue Infosolutions IPO | The Bangalore-based company will open its Rs 560-crore initial share sale on September 18, and close on September 22.
India is in the midst of a GCC boom, and poised to add another 500 centres by 2030 from around 1,700 at present, potentially creating 9 lakh new jobs.
