It Companies

Nasscom said the fee hike is applicable from 2026, which will provide enough time for companies to boost their local hiring plans

Trump’s H-1B fee shock eases but Indian IT faces gathering storms

A White House climbdown softens immediate visa pain, yet wage hikes, outsourcing taxes and macro headwinds threaten margins and valuations

H 1B shock and trade tariffs will force investors to reassess India’s growth story

Visa fee hikes and looming tariffs spark market jitters, putting India’s growth premium and IT exports under the spotlight

60% of Indian H-1B workers earned $100,000 or less in FY24, says report

In comparison, 60 percent of the total non-Indian H-1B workers had salaries of more than $100,000 in FY24

The Hire Bill: Taxing efficiency

The proposed HIRE Act would impose a 25 percent tax on US companies' outsourcing payments while eliminating tax deductions for overseas labour expenses, potentially pushing nearly 900,000 Americans into poverty by 2026

Infosys CEO Parekh says firm to continue its hiring plans even as rival TCS cuts jobs: Report

Salil Parekh said the company is focused on its reskilling program with around 275,000 already trained

Only TCS, Infosys among India's top IT firms added headcount in Q1 amid AI, growth overhang

The IT industry is at an inflection point as the companies navigate their hiring strategy amid AI disruption and the ongoing macroeconomic challenges.

FM announces rationalisation of transfer pricing provisions to 3 years, will benefit GCCs, IT firms

Additionally, the finance minister expanded the scope of safe harbour rules to reduce litigation and provide certainty in international taxation.

Accenture shares surge 7% on higher guidance and strong quarter; Wipro, Infosys ADRs rise by 2-3%

Accenture's 'strong start to fiscal' is likely to act as a positive cue for Indian IT majors as well as midcap names at opening bell on December 20.

Trump versus Harris: What does it mean for Indian IT companies?

There are plenty of shortcomings in the present H1-B visa rules including a lottery-based system and multiple applications for the same candidate, highlight experts.

Disconnect between IT firms' BFSI growth in North America and bullish commentary

This disconnect was amplified by management commentary indicating that while demand for certain projects is rising, large-scale transformation deals are yet to materialise in the sector.

IT companies bet big on India, Middle East for the next phase of growth

According to data from UnearthInsight, revenue share of emerging markets have gone up to 19.6% in FY24 up from 15.5% in FY14 and is expected to touch 22.2% in FY30. Most top IT companies reported double digit growth in revenue share from these markets.

Infosys, HCLTech, & LTIMindtree shift wage hikes to Q3 to sustain margins amidst weak demand

A stagnant job market is an another factor why companies are not worried that an absence of hikes would trigger resignations.

DXC Tech delays onboarding of 4,800 campus recruits, employee union NITES writes to labour ministry

The union said many of these employees had turned down other job offers and are currently struggling financially as a resukt.

India has less than 2,000 senior engineers who can build core AI products

While technology product and IT services companies like Accenture, TCS, Microsoft and IBM, among others have been talking about 'AI-ready' workforces with lakhs of employees getting trained in AI skills, there's still a country-wide AI talent shortage.

Generative AI: A Double-Edged Sword for IT Companies

Job losses at IT companies have been attributed to a slowdown in spending by their customers. But there are also longer-term structural reasons, such as the adoption of Generative AI

Chip Wars: How Infy, HCLTech, Wipro and Tech Mahindra are walking the semiconductor talk

Top Indian and global IT services companies, like Accenture, Infosys, HCLTech, Capgemini, Wipro, and Tech Mahindra, have acquired many semiconductor design and R&D companies, and are making huge investments in the sector.

Sam Altman’s ouster unlikely to impact OpenAI’s partnerships with IT companies: Experts

IT services companies already have billions of dollars at stake, earmarked to be invested in strengthening their AI capabilities and training workforces over the next couple of years.  

Jefferies keeps 'buy' call only on these two IT stocks amid uncertain sector outlook

With demand environment uncertain and valuations looking rich, the analysts suggest a selective approach. They have predicted a 0.5 percent on-quarter growth in revenue for the companies under their coverage in September

Generative AI to drive economic value worth $2.6–$4.4 tn annually: Nasscom-Mckinsey report

With over 100 use cases already in place, Generative AI is expected to bring 15-20% additional growth for technology service providers over the next five years.

LIC goes shopping where not too many dare to go

As analysts turn cautious on IT industry, which has hit a rough patch following concerns over a slowdown in the US and Europe hitting business, LIC is betting big on Indian players

TCS CEO Krithivasan’s new operating structure gets mixed response from industry experts

According to analysts, former CEO and MD Rajesh Gopinathan’s structure led to unrest among senior executives and confusion among customers. But neither are they sure how the new vertical-wise structure will help TCS navigate the shifting shape of today’s industry.

We're in the middle of a tech revolution, not interested in timing IT stocks, says Saurabh Mukherjea

Nearly 70 percent of the Fortune 500 companies are yet to switch to the cloud, which offers a significant growth opportunity, the Marcellus founder and CIO has said

IT and ChatGPT: Generative AI gains ground among India's top IT firms

While there is demand for generative AI-based solutions, companies are also worried about its implications. This has already led some firms to regulate its use, or ban the technology entirely

TCS plans to double the salary, reduce disparity: HR head reveals the blueprint

According to TCS’ CHRO Milind Lakkad, employees across levels of experience are getting a chance to up-skill and double their packages with high-quality in-house programmes. Though annually only 10 percent of candidates have been able to clear this programme on the first attempt.