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  • Dependence on H-1B visa among lowest in industry, 80% of US employees are locals, says HCLTech

    Dependence on H-1B visa among lowest in industry, 80% of US employees are locals, says HCLTech

    Chief People Officer Sundararajan said the number of H1-B visas for the company ranges between 500 and 1,000 at most annually

  • 'Totally inhumane': Internet reacts to Karnataka IT firms' 14-hour workday proposal

    'Totally inhumane': Internet reacts to Karnataka IT firms' 14-hour workday proposal

    'Ideally, working hours should be limited to 36-48 hrs a week else it would affect physical as well as mental health of the employees,' Dr Shubham Anand, chairman of Global Association of Indian Medical Students (GAIMS), said.

  • Cognizant's gains could come at Indian IT's expense

    Cognizant's gains could come at Indian IT's expense

    Order bookings rose 28 percent in March quarter, highest in a year. Its growth may up competitive pressures for domestic companies

  • CEO transitions in large, listed firms have least impact on stock prices, finds Jefferies India

    CEO transitions in large, listed firms have least impact on stock prices, finds Jefferies India

    A study conducted by Jefferies India analyzed 72 CEO transitions in large listed companies over the past five years and found that 53% of the transitions had no effect on the stock price trends

  • Indian IT’s inability to move up the value chain is a drag in tough times

    Indian IT’s inability to move up the value chain is a drag in tough times

    That only five Indian firms - Infosys, TCS, Wipro, HCL and Tech M - figured in Forbes’ annual list of America’s Best Management Consulting Firms, tells its own tale. None of these five got a 5-star rating, the highest possible in any category, with only Infosys bagging a 4 star rating in some

  • EPAM sacks 100 Indian employees, revoke offers: Report

    EPAM sacks 100 Indian employees, revoke offers: Report

    The number of employees from EPAM Systems and EPAM Anywhere who were forced to resign could be at least 100

  • IT firms resort to work-from-home amid Bengaluru rain fury

    IT firms resort to work-from-home amid Bengaluru rain fury

    While parts of the city that houses several global companies and home-grown startups, were under water, operations in IT firms and startups were largely unaffected as most of them had power backup and a hybrid work environment where some employees logged in from home.

  • Russian IT firms eyeing Indian joint ventures: Russoft chief

    Russian IT firms eyeing Indian joint ventures: Russoft chief

    A number of Russian software companies are scouting for joint ventures in India and other BRICS nations, as a barrage of sanctions by the West following the invasion of Ukraine dampened trade with the US and Europe, the head of an association of over 250 IT firms from Russia said

  • Demand for engineers with niche skills spikes as firms bet big on the Metaverse 

    Demand for engineers with niche skills spikes as firms bet big on the Metaverse 

    According to a report by Xpheno, active job openings for techies with Metaverse-related skills such as AR/VR, blockchain and AI have seen 8-18% increase in the last three months, with hikes going up as high as 80%.

  • India's IT Big Four to hire 1.6 lakh freshers in FY22

    India's IT Big Four to hire 1.6 lakh freshers in FY22

    Digital transformation has led to a sudden spike in demand from across sectors. IT companies step up fresher hiring to address this rising demand and fight out a threatening attrition.

  • Jobs, jobs, jobs: Hiring by Indian IT companies touches 5 year high

    Jobs, jobs, jobs: Hiring by Indian IT companies touches 5 year high

    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.

  • What is behind continued deal momentum in IT?

    What is behind continued deal momentum in IT?

  • TCS to set up 100 COVID-19 vaccination centres for employees across India

    TCS to set up 100 COVID-19 vaccination centres for employees across India

    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.

  • IT, tech firms gearing up for hyperlocal workplaces

    IT, tech firms gearing up for hyperlocal workplaces

    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.

  • COVID-19 second wave | IT firms might look at shifting work onsite, delay in project commencement

    COVID-19 second wave | IT firms might look at shifting work onsite, delay in project commencement

    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.

  • TCS sets up COVID-19 care centres in 11 cities for employees, their families

    TCS sets up COVID-19 care centres in 11 cities for employees, their families

    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.

  • From vaccination to COVID-care centres, IT firms step up employee support amidst deadly second wave

    From vaccination to COVID-care centres, IT firms step up employee support amidst deadly second wave

    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

  • TCS, Infosys, Wipro, HCL Tech together will hire close to 1 lakh freshers this year

    TCS, Infosys, Wipro, HCL Tech together will hire close to 1 lakh freshers this year

    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.

  • About 80% companies think Haryana's new labour bill will negatively impact them: NASSCOM report

    About 80% companies think Haryana's new labour bill will negatively impact them: NASSCOM report

    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.

  • French IT firm Capgemini to cover vaccination costs of India employees, their dependents

    French IT firm Capgemini to cover vaccination costs of India employees, their dependents

    Between Capgemini, TCS, Infosys and Accenture more than a million employees and their families will likely have their cost covered for vaccination.

  • Haryana's new labour bill could make Gurugram less attractive for tech firms

    Haryana's new labour bill could make Gurugram less attractive for tech firms

    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.

  • Post COVID-19, IT firms pilot gig working models, plan dedicated WFH policies

    Post COVID-19, IT firms pilot gig working models, plan dedicated WFH policies

    The pandemic has revealed that freelancers and remote workers are here to stay, and that earlier data security concerns were a trifle misplaced  

  • Budget 2021 | No clarity on SEZ rules for WFH, but IT firms could gain from digital projects

    Budget 2021 | No clarity on SEZ rules for WFH, but IT firms could gain from digital projects

    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.

  • How did mid-tier IT firms perform in Q3 FY21?

    How did mid-tier IT firms perform in Q3 FY21?

    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.

  • IT services companies’ subcontracting costs rise as demand picks up

    IT services companies’ subcontracting costs rise as demand picks up

    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

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