Aug 03, 2021 07:33 PM IST
India's top 10 IT companies together added a record 1.21 lakh employees for six months ended June 2021, the highest in the last 5 years, on the back of robust demand for software services after the Covid19 pandemic.
- Jul 27, 2021 04:29 PM IST
- May 21, 2021 12:13 PM IST
Peers Infosys, Wipro, and HCL Tech have also started vaccination drive for their employees. The top four IT firms employ over 10 lakh people and will be covering the cost of vaccination for all their employees.
- May 18, 2021 04:53 PM IST
Whether you prefer working from a nearby office or a few days from home and a few days from office, IT firms are making it all possible. That’s what the future of work is going to look like, say many CEOs.
- Apr 28, 2021 04:02 PM IST
Most companies feel that the impact will be short-term. However, analysts say if the pandemic persists and human resources capacity in India is affected by over 30 per cent, companies may shift some work onshore.
- Apr 28, 2021 11:34 AM IST
As IT firms like Infosys, HCL Tech and Tech Mahindra also step up the care, the government has also allowed the IT/ITeS in SEZ units to increase the beds from 10 to 50.
- Apr 27, 2021 01:45 PM IST
As people struggle to find ICU beds and oxygen supply, Infosys, HCL Tech and Tech Mahindra are setting up COVID-19 care centres for employees, where they and their families can get medical care beyond home quarantine; companies pledge vaccination drive
- Apr 16, 2021 04:19 PM IST
It is boom time for Indian IT professionals and fresh graduates as tech majors are offering generous salary hikes, attractive bonuses and going on a hiring binge as digitization across the corporate sector has fueled a huge demand for IT services and created robust deal pipelines.
- Mar 15, 2021 10:50 PM IST
The NASSCOM report was based on the response by the 73 member organisations that employ close to 1.44 lakh people in the State. Around 500 IT-ITeS firms employ about 4 lakh people in Haryana.
- Mar 04, 2021 01:28 PM IST
Between Capgemini, TCS, Infosys and Accenture more than a million employees and their families will likely have their cost covered for vaccination.
- Mar 03, 2021 05:12 PM IST
A law that mandates 75 percent reservation for local people in private sector jobs, where the salary is less than Rs 50,000 a month may force companies and potential employees to move out to less restrictive territory.
- Feb 05, 2021 02:35 PM IST
The pandemic has revealed that freelancers and remote workers are here to stay, and that earlier data security concerns were a trifle misplaced
- Feb 01, 2021 06:48 PM IST
The Union Budget 2021 earmarked Rs 3,768 crore for first ever digital census. Revamp of Ministry of Corporate Affairs website leveraging new-age technologies is planned in 2021-22.
- Jan 27, 2021 05:00 PM IST
Just like top IT firms, tier II IT firms too have been among the biggest gainers during the pandemic as their stock prices more than doubled since April 2020.
- Jan 22, 2021 02:42 PM IST
Most contract staffing firms have seen demand go back to 80-90 percent of pre-pandemic levels. According to contract hiring executives, the share of subcontracting will increase due to rising demand and increasing acceptance of the work-from-home model
- Jan 18, 2021 01:29 PM IST
The spurt is being driven by clients cutting costs, migrating to the cloud, going in for a digital transformation and the IT services companies hiring more in anticipation of an increase in attrition
- Jan 05, 2021 04:03 PM IST
Brokerage firm Motilal Oswal estimated an average 3 percent quarter-on-quarter growth for top IT firms, whereas HDFC Institutional Research note has pegged a 3.7 percent for the sector.
- Dec 28, 2020 05:48 PM IST
Top IT majors recorded one of their largest pipelines, most of them in digital, amid the pandemic than in the previous year.
- Dec 09, 2020 01:24 PM IST
The challenging economic environment, US visa curbs and the disruption caused by Covid are pushing many a techie to look for work in the captive centres of multinational corporations. They may not get to travel overseas but the pay is good, as are the benefits and work projects
- Dec 01, 2020 03:48 PM IST
Companies looking at WFH, shared workspaces and setting up centres in Tier-2 and -3 cities
- Nov 30, 2020 03:55 PM IST
Performance measurements are going to be outcome-based. For example, Karthikeyan Natarajan, COO, Cyient, says instead of saying we have done number of hours of spent on software testing, the focus now would be on efficiency.
- Nov 04, 2020 02:15 PM IST
Day Sales outstanding (DSO) of TCS, Wipro, HCL Tech and Tech Mahindra are far less compared to the last few quarters. TCS reports an all-time low figure of 65 in dollar terms. Company executives attribute this to the willing of clients to spend on software even during pandemic.
- Oct 28, 2020 12:24 PM IST
Most Indian IT firms are hopeful that the rebound seen in the second quarter will continue in the coming months, with or without the fiscal stimulus. Top executives say this is because long-term technology transformation investments will continue as clients gear up for the future
- Oct 19, 2020 04:27 PM IST
Headcount in top four IT firms – TCS, Infosys, Wipro and HCL Tech – increased by 17,079 in September 2020 quarter. These were a mixture of freshers and laterals. The number declined by 9,000 in Q1.
- Oct 07, 2020 05:08 PM IST
IT firms may now have to change their hiring and internal management practices. Increase in H-1B wages will bring downward pressure on margins as companies will not be able to pass on the higher cost to client visas. The US accounts for about 50-60 percent revenue for Indian IT firms.