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6 mins read
TCS Q4 constant currency revenue growth hits a 11-quarter low
IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…
1 min read
Cognizant is giving positive vibes to the Indian IT industry with strong revenue growth and an improving attrition rate
Nasdaq-listed information technology (IT) major Cognizant Technology Solutions has delivered its hi…
4 mins read
TCS has nearly doubled its hiring plan for the year as attrition remains high
The information technology (IT) services giant Tata Consultancy Services (TCS) said on Friday that …
4 mins read
The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before
However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…
1 min read
TCS to dole out a second salary hike within a span six months
India’s biggest information technology (IT) services company, Tata Consultancy Services (TCS), is s…
5 mins read
Overall demand scenario not changed significantly but Europe is a problem says TCS CEO
“Europe is a problem and the US whether it's a problem or not, time will tell. The overall demand s…
1 min read
Infosys is looking to hire 50,000 employees this year while expecting the attrition rate to come down
Infosys, India’s second-biggest information technology (IT) company in terms of market capitalisati…
2 mins read
Zoho to double down R&D but keep tech hiring ‘slow’
Sridhar Vembu of Zoho said that no other company has built a billion dollar product company in Indi…
4 mins read
Tech Mahindra’s Q2 net profit falls 4% to ₹1,285 crore
India’s sixth largest IT services company Tech Mahindra today reported a 4% decline in consolidated…
5 mins read
Hiring in the IT sector plunges by 66% in FY23
Indian IT companies have significantly slowed down the pace of hiring in FY23 as concerns of an eco…
4 mins read
Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces
The trend of weak quarterly numbers continued for IT services companies and the latest one to disap…
4 mins read
TCS Q2 net profit crosses ₹10,000 cr for the first time, reports 10% sequential growth
IT major TCS on Monday kickstarted the Q2 earnings season, crossing the ₹10,000 crore quarterly net…
5 mins read
Infosys, HCL Tech, TCS stocks rally on cooling US inflation data
Infosys, HCL Technologies, Tata Consultancy Services (TCS) and other IT company stocks rallied on F…
4 mins read
TCS tumbles and drags down to Wipro, Infosys, Tech Mahindra and LTTS with poor earnings
TCS shares were the biggest losers on Nifty 50, as its stock went down by around 4.47% in early …
2 mins read
Wipro is giving promotions and bonuses to check growing attrition
Wipro — the fourth largest IT services company in India — is planning to promote 5,000 of its emplo…
2 mins read
Hiring slowed down in the IT sector this festive season: Report
Other than IT, telecom and healthcare sectors also witnessed a notable decline in hiring in October…
3 mins read
Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies
The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…
3 mins read
Attrition is as hard to predict as death says C P Gurnani after TechM loses profits to wage hikes
A fourth of Tech Mahindra’s first quarter revenues were eaten up by employee expenses, pushing its …
3 mins read
Wipro, Tech Mahindra lead rout in IT stocks as recession risks loom
Frontline information technology companies have been under pressure from the start of the fiscal ye…
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…