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IT biggies spent 62% of revenues on wages in FY22, salary bill at ₹3 lakh crore
Top companies like TCS, Infosys and Wipro have been consistent in how much they pay to their employ…
Recession in the US may cool off attrition in IT sector along with revenues
After two years of bumper profits and mind-boggling salary hikes, TCS, Infosys and Wipro – along wi…
Margin recovery likely an uphill task for Infosys after Q1 shock
India’s second largest IT services company Infosys reported a sequential decline in its net profit …
Infosys hikes CEO Salil Parekh's salary by 88% to ₹79.75 crore per annum
This makes him one of the highest paid executives in India. The company provided the sharp hike …
IT sector preview: Q3 to see slow deal conversions, soft demand and furloughs
The tide might have turned for IT stocks as investors found them in favour again. However, the thir…
Profit margins of IT companies must be under pressure for January-March quarter due to record hiring and salary hikes
The March quarter earnings season will begin next week with the results of major information techno…
Unlike TCS, Infosys wants to remain flexible on WFH
Unlike TCS which wants its employees back to office, Infosys said on Thursday that it wants to rema…
It is attrition rates and not the wage hikes dampening Indian IT cos earnings
The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…
Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution
Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…
Infosys to reinstate wage hikes, promotions and hiring — will impact margins over the next six months
Infosys has witnessed a stellar second quarter with a 16.2% jump in profits over the last three mon…
Infosys reports a sequential decline in net profit, but increases revenue & margin guidance for FY23
India’s second largest IT services company Infosys reported a 5.7% sequential decline in its net pr…
Poor salary hikes and fewer H1-Bs may force tech cos like Infosys roll out stock options
During these difficult times, the country’s second largest IT company, Infosys might just have a…
VanGuard deal will be the highlight of Infosys' second-quarter earnings as investors look for a hike in guidance
Infosys' biggest deal to date, valued at more than a whopping $1.5 billion, with VanGuard will be t…
December quarter likely to be a weak one for the IT sector – Infosys amongst top analyst picks
As India’s largest IT company, Tata Consultancy Services (TCS) gets ready to kick off the earnings …
Infosys reportedly plans to reduce the number of managers— the CEO and COO got over 25% salary raise in FY20
Infosys is undergoing a major structural rejig across the senior management — which accounts for ne…
India’s tech talent pool is from Vizag, Indore and Warangal — that’s where Infosys, TCS and others are heading
The expenses of living have increased across the country due to inflation, white-collar jobs and pe…
Infosys employees will get an average salary hike of 6 to 12% this year
Last year, the average wage hikes at Infosys were of about 6.5%, following a disappointing year for…
With Vishal Sikka’ $11 million remuneration, Narayana Murthy's long held beliefs of compassionate capitalism have gone for a toss
However, this extension was not agreed upon by some of the promoters, who withdrew from voting on t…
IT jobs are safer than startup jobs but a salary bubble burst awaits them
Even as the Indian startup job crisis looms large, the startup-adjacent IT sector might not go the …
Murthy says 60%-70% compensation hike to COO grossly unfair to Infosys employees. Read his full letter here
This was put to vote and the postal ballot also asked shareholders to vote on the appointment of DN…