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2 mins read

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…

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5 mins read

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…

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3 mins read

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 …

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1 min read

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 …

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5 mins read

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…

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3 mins read

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…

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2 mins read

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…

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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…

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6 mins read

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…

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2 mins read

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…

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6 mins read

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…

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2 mins read

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…

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6 mins read

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…

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5 mins read

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 …

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2 mins read

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…

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3 mins read

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…

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1 min read

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…

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1 min read

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…

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4 mins read

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 …

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4 mins read

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…