Banking and IT lead; see September hiring rise 52%, 34% y-o-y, respectively.
Firm offers this work option to 80% of its staff, saves $196mn on opex and garners $294 mn via building sales
Amid Trump's expected action against employment visas, India's bellwether IT firms reveal they have been preparing for this eventuality for years.
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Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years.
The country's IT software and services exports from the top-10 firms crossed $15 billion to touch Rs 68,236 crore (Rs 682.36 billion) in 2006-07.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Sensex lost 76 points to end at 25,589 while Nifty shed 23 points to end at 7,649.
Kochi's Infopark has managed to get Rs 3,000 cr investment.
Modest growth projections hits IT sector.
5,565 contracts, valued at $201 billion are up for rebids across geographies and verticals by 2018.
15 per cent of startups in Silicon Valley are founded by Indians.
The strategy of returning cash to shareholders through stock purchases could hinder their digital expansion plans
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
Did you know that India is among the top five countries in food processing?
TCS moved into new markets like France, Japan thanks to acquisitions.
Also looks at setting up development and training centres in the US to tide over visa-related issues
First acquisition under Sikka's plan of buying technologies for tomorrow
At a time of massive job losses that is what the much-vaunted Indian IT sector needs. Ritwik Sharma reports.
The buyback, if successful, will surpass RIL's 2012 share repurchase of Rs 10,400 cr
Ayan Pramanik and Shivani Shinde Nadhe report on the uncertainties that have dragged down shares of TCS, Tech Mahindra and HCL Technologies.
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
Mid-sized IT firms have stepped up hiring in the current fiscal year, adding more than half as many employees in the first quarter of FY19 as compared to the whole of the previous financial year. This momentum is likely to continue for the rest of 2018-19 (FY19) as well.
Company expects to be back to industry leading growth in FY17.
The board expansion comes against the backdrop of an ongoing tussle between the founders and the management over contentious issues such as CEO salary hike, severance package to former employees and corporate governance standards.
Right now Infosys is somewhat on the up.
The share buyback -- which will be the first in the company's 36-year history -- has been a long-standing demand by some of the founders and high-profile former executives, who have been pushing Infosys to return surplus capital to its shareholders.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
They were the source for entry-level recruitments in the IT industry before the job market crash.
Narayan Murthy says the software industry has boosted the international image of India like no other sector.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
From acquiring creative agencies, to setting up onsite innovation centres and turning around BFSI with entirely new digital offerings, 2018 had seen the IT industry going from initial lows to new highs.
Despite lay-offs and the threat of automation, the industry will continue to be an important driver of growth in employment and GDP, says Ashok Soota.
It is not that platforms and products are something that Infosys has not tried earlier.
A Molotov cocktail of lies, abuse and bigotry is blowing up social media.
Indian IT companies have been under pressure to return excess cash on their books to shareholders through generous dividends and buybacks
Analysts expect the company to post 6.2% sequential growth in rupee revenue.
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