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Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
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Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
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IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
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Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
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Bengaluru Panel Featuring Narayana Murthy, Azim Premji Scrapped
The Karnataka government has disbanded the Bengaluru Vision Group whose members included Infosys founder NR Narayanamurthy and Wipro chairman Azim Premji. The state government issued an order on June 8 disbanding the group, which was set up in April 2016 by the previous Congress government
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Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
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Indian IT Industry Worst Hit As Tech Jobs Dry Up: Study
Hiring by the Indian IT companies declined 17 percent year-on-year in May 2017 as volatility in the technology sector continues, according to a study.
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Infosys Appoints Former Wipro Executive As Group General Counsel
Prior to Wipro, she has served as managing partner of a mid-sized law firm in Silicon Valley and has also worked with ITC Ltd as the in-house counsel.
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Layoffs Rile India's Flagship IT Sector
India's IT sector boomed for more than two decades as Western companies subcontracted work to firms like Infosys, Wipro, and Tech Mahindra.
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After Cognizant, Wipro, Now Infosys to Lay Off Employees
"We do this every year and the numbers could vary every performance cycle," an Infosys spokesperson said.
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US Accuses TCS, Infosys Of Unfairly Cornering 'Lion's Share' Of H-1B Visas
The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion's share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more merit-based immigration policy.
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Indian Techies, IT Firms Sweat Over Trump’s H-1B Visa Review
H-1B visa review concerns are particularly acute in India, where IT firms like Tata Consultancy Services, Infosys Ltd and Wipro Ltd are top beneficiaries of the H-1B visa programme
-
Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
-
Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
-
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
Wipro's CEO Departs After Failing To Stanch Market Share Bleed
Wipro Ltd Chief Executive Officer Abidali Z Neemuchwala is leaving after a turbulent four years during which growth stalled and the Indian IT services giant fell farther behind rivals Infosys and Tata Consultancy Services (TCS).
-
Bengaluru Panel Featuring Narayana Murthy, Azim Premji Scrapped
The Karnataka government has disbanded the Bengaluru Vision Group whose members included Infosys founder NR Narayanamurthy and Wipro chairman Azim Premji. The state government issued an order on June 8 disbanding the group, which was set up in April 2016 by the previous Congress government
-
Sensex Records Biggest Single-Day Gain In Two Years: 10 Points
The Bombay Stock Exchange benchmark index Sensex surged 610 points to close at 33,917 on Monday while the NSE Nifty settled 194 points higher at 10,421, ahead of retail inflation and factory output data scheduled to be released later in the day. Banking, auto, metal, energy, FMCG and IT stocks finished the day with gains of around 1-2 per cent. Gai...
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TCS, Infosys, Wipro, HCL Tech, Tech Mahindra Ranked Among World's Top 100 Tech Firms
The list of World's 100 Leading Tech Companies, topped by Microsoft, identifies the industry's most operationally sound and financially successful organisations, Thomson Reuters said.
-
Indian IT Industry Worst Hit As Tech Jobs Dry Up: Study
Hiring by the Indian IT companies declined 17 percent year-on-year in May 2017 as volatility in the technology sector continues, according to a study.
-
Infosys Appoints Former Wipro Executive As Group General Counsel
Prior to Wipro, she has served as managing partner of a mid-sized law firm in Silicon Valley and has also worked with ITC Ltd as the in-house counsel.
-
Layoffs Rile India's Flagship IT Sector
India's IT sector boomed for more than two decades as Western companies subcontracted work to firms like Infosys, Wipro, and Tech Mahindra.
-
After Cognizant, Wipro, Now Infosys to Lay Off Employees
"We do this every year and the numbers could vary every performance cycle," an Infosys spokesperson said.
-
US Accuses TCS, Infosys Of Unfairly Cornering 'Lion's Share' Of H-1B Visas
The US has accused top Indian IT firms TCS and Infosys of unfairly cornering the lion's share of H-1B visas by putting extra tickets in the lottery system, which the Trump administration wants to replace with a more merit-based immigration policy.
-
Indian Techies, IT Firms Sweat Over Trump’s H-1B Visa Review
H-1B visa review concerns are particularly acute in India, where IT firms like Tata Consultancy Services, Infosys Ltd and Wipro Ltd are top beneficiaries of the H-1B visa programme
