HCL Infosystems 2017 Q4 revenue pegged at Rs. 3,738 crore
HCL Infosystems, one of India`s premier IT Services, Distribution and Digital Solutions Company, on Wednesday announced its financial results for the financial year ended March 31, 2017.
May 31, 2017, 13:54 PM IST
FITE petitions Labour Commissioner over Tech Mahindra layoff
FITE has requested the Maharashtra Labour Commissioner to order Tech Mahindra to stop illegal removals of IT employees immediately, and establish conciliation between the management and staff.
May 31, 2017, 13:12 PM IST
Layoffs rile India's flagship IT sector, tough times likely to continue
IT outsourcing has long been one of India`s flagship industries but experts say automation, a failure to keep up with new technologies and US President Donald Trump`s clampdown on visas is creating industry-wide upheaval.
May 31, 2017, 11:48 AM IST
Sad over recent IT layoffs, says Narayana Murthy
Founder Chairman of Infosys N R Narayana Murthy on Friday expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy.
May 26, 2017, 11:51 AM IST
IT workers fora flay steep hike in top executives compensation
Two IT employee groups have flayed the steep hike in compensation awarded to top executives of Infosys, terming the move by the software giant as "painful" amid job losses in the industry.
May 24, 2017, 14:08 PM IST
IT employees set to form union as layoffs loom large
A forum of IT workers is all set to get itself registered as the first union of techies in the country, amid reports of large scale layoffs by IT companies.
May 23, 2017, 20:20 PM IST
FITE against Cognizant layoffs shifts to Bengaluru
After Chennai and Hyderabad, IT workers' union FITE has now decided to approach the labour commission in Bengaluru to submit a petition to stop the alleged "illegal terminations" happening at Cognizant.
May 17, 2017, 18:25 PM IST
Layoffs in Indian IT may continue for 1-2 years: Experts
As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.
May 14, 2017, 12:27 PM IST
Businesses can't fight govt: Murthy on H1-B visa
With the Indian IT companies feeling the heat over the H1-B visa, IT czar N R Narayana Murthy on Saturday said businesses cannot fight government and have to work within the limitations.
Feb 04, 2017, 23:23 PM IST
India has conveyed H1B visa concerns to US: External Affairs Ministry
India has conveyed the concerns and impact of stringent H1B visas norms on Indian companies to the US administration and Congress, Vikas Swarup, Spokesperson, Ministry of External Affairs said on Tuesday.
Jan 31, 2017, 16:31 PM IST
IT, bank employees express solidarity with Jallikattu protests
With traders downing shutters following a bandh call against jallikattu ban, employees of information technology, banks and other commercial establishments today staged a protest here expressing their solidarity to the cause.
Jan 20, 2017, 17:49 PM IST
'Slow BFSI spending to hurt Q2 performance of Indian IT cos'
Weakness in the financial services sector as well as project delays and cancellations may impact the pace of revenue growth of Indian IT companies in the second quarter of the current fiscal, say industry analysts.
Oct 09, 2016, 17:02 PM IST
India's IT exports revenue to grow 9-10% this fiscal: Pai
Hyderabad:The revenue growth of Indian IT exports this fiscal is likely to be slower than industry body Nasscom's projection of 10-12 per cent, according to industry veteran T V Mohandas Pai.
Sep 06, 2016, 16:09 PM IST
HB-1 Visas: Discriminatory action, not rhetoric worries Indian IT companies
Indian IT industry body Nasscom Wednesday shrugged off pre-election political commentary in the US around work visas, but expressed concern over "discriminatory approaches" of the American authorities.
Aug 17, 2016, 23:07 PM IST
Infosys CEO Vishal Sikka takes home Rs 48.73 crore salary
Vishal Sikka, company's chief executive officer, has a take home salary package of $7.45 million per year for financial year 2015-16.
May 19, 2016, 14:38 PM IST
Gross hiring in top IT companies in FY17 may fall on lower attrition
Attrition level has eased and is at benign levels for top IT companies, following which gross hiring in this space for the fiscal could see a reduction, says a report.
May 05, 2016, 16:01 PM IST
Indian woman wins gender discrimination case against Wipro in Britain
Shreya Ukil, a 40-year-old Indian woman who was formerly a senior techie at the Wipro back office in London, claimed to have won a lawsuit in a British tribunal against the IT major for sacking her on the grounds of gender discrimination, unequal pay and victimisation.
May 04, 2016, 23:46 PM IST
Modest sequential Q4 revenue growth for IT companies: Analysts
Seasonal weakness may result in modest sequential revenue growth for large Indian IT firms in the January-March 2016 quarter, analysts said.
Apr 14, 2016, 15:21 PM IST
Chennai floods to impact Mphasis margins by 100-120 bps in Q3
IT firm Mphasis has said its margins will take a hit of up to 120 basis points in the December quarter owing to recent floods in Chennai. Mphasis has about 3,000 employees in Chennai.
Dec 20, 2015, 11:19 AM IST
IT companies may hire about 2.75 lakh this year: Nasscom
"Business will grow by 12 to 13 percent. We are confident about that, depending on where the dollar and Rupee would go. In terms of people, it (hiring) is 2,75,000", Nasscom said.
Dec 03, 2015, 20:55 PM IST
