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IT services

Cognizant to give two-third of India staff 25 pct extra payment over base salary for April

Cognizant to give two-third of India staff 25 pct extra payment o...

Fri, Mar 27, 2020

IT firm Cognizant on Friday said it will give employees who are at associate level and below in India and the Philippines, an additional payment of 25 per cent of base pay for April, in recognition of their extraordinary continuity-of-service efforts amid the COVID-19 outbreak

We have total contract value of $5.9 billion: N Ganapathy Subramaniam, TCS

We have total contract value of $5.9 billion: N Ganapathy Subrama...

Mon, Jan 14, 2019

N Ganapathy Subramaniam (NGS), Chief Operating Officer, TCS, and Ajoy Mukherjee, EVP and Head, Global Human Resources, TCS, during an interview with Zee Business, spoke about the growth drivers, hiring and attrition, growth momentum and investment in skill development.

Infosys to create 1,200 jobs in Australia, to set up 3 innovation hubs

Infosys to create 1,200 jobs in Australia, to set up 3 innovation...

Thu, Nov 22, 2018

Infosys said this approach provides the company with a strong foundation to meet rising demand for expertise in areas like machine learning, artificial intelligence (AI), user experience, cyber security, digital platforms, big data and cloud. "Today marks an important milestone for our company in our 20 year journey in Australia," Pravin Rao, Chief Operating Officer at Infosys, said.

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Ghosting crisis at companies: Selected candidate not joining is HR's nightmare

Ghosting crisis at companies: Selected candidate not joining is HR's nightmare

Thu, Sep 20, 2018

‘Ghosting’, wherein potential employees simply vanish after an initial dialogue with a company, is a growing issue in India Inc and leads to lost projects, delays in business delivery and wastage of man-hours.

HCL Tech Q3 net profit up 6% to Rs 2,194 crore

HCL Tech Q3 net profit up 6% to Rs 2,194 crore

Fri, Jan 19, 2018

The Noida-based firm had posted a net profit of Rs 2,070 crore in the year-ago period, it said in a statement.

IT spending in India to cross $87 bn in 2018

IT spending in India to cross $87 bn in 2018

Tue, Nov 14, 2017

"The IT buying landscape is changing. Digital business transformation is creating connected platforms and new industry revenue streams," Gartner India Managing Vice President Ganesh Ramamoorthy said.

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Most Valuable Brands: Tata's value falls but remains perched at top; Micromax struggles

Thu, May 18, 2017

Value of top Indian brands increased 15% in 2017, ahead of the global average of 11%. Brand Finance List features some surprises in its 2017 brand evaluation that puts Tata's brand on top and IT services that performed well despite of backlash of of H1-B visa fiasco and job cuts.

Govt IT spending in India to grow by 9.5% in 2017

Govt IT spending in India to grow by 9.5% in 2017

Mon, Feb 13, 2017

The government spending on software is expected to grow the highest in 2017 as it is expected to reach $1 billion.

Demonetisation to push IT spending of banking and securities firms to $8.9 billion in 2017

Demonetisation to push IT spending of banking and securities firms to $8.9 billion in 2017

Fri, Feb 10, 2017

IT services will grow the fastest at 13.8% in 2017, as firms in the banking and securities industry invest more in business processes, specifically in business process outsourcing.

India's IT, Auto, Pharma sectors may face brunt of Trump's border tax

India's IT, Auto, Pharma sectors may face brunt of Trump's border tax

Mon, Jan 30, 2017

If Border Tax Adjustment (BTA) brought into effect, there are some Indian sectors like IT services, Textiles, Healthcare and Auto that will be impacted as they might face higher competition from domestic US companies and see rise in cost of their products.

Global IT spending forecast to grow by 2.7% in 2017: Gartner

Global IT spending forecast to grow by 2.7% in 2017: Gartner

Thu, Jan 12, 2017

The over IT spending in 2017 is expected to grow to $3.5 trillion from $3.37 trillion in 2016.

IT spending in India to reach $72 billion in 2017: Report

IT spending in India to reach $72 billion in 2017: Report

Wed, Nov 16, 2016

Software and IT services spends are expected to be the key drivers of this growth in the IT sector.

Global IT spends to rise to $1.25 trillion by 2017: Report

Global IT spends to rise to $1.25 trillion by 2017: Report

Tue, Nov 08, 2016

T services, for instance, will see a 4.1% growth in 2017 from a 3.8% growth expected in 2016. While software spending will grow by 6.8% in 2017 from 6% growth in spends in 2016.

Brexit to impact global IT spending in 2016: Report

Brexit to impact global IT spending in 2016: Report

Wed, Oct 19, 2016

While this growth may be good, the IT spending may see the impact of Brexit as many companies remain cautious and as a result have made changes in the investment.

IT services spend to touch $ 7.2 billion this year, Gartner says

IT services spend to touch $ 7.2 billion this year, Gartner says

Mon, Oct 03, 2016

Government of India’s total expenditure on IT products and services is estimated to be $7.2 billion in 2016, according to Gartner Inc.

Here's how some startups are addressing the gender pay gap issue

Here's how some startups are addressing the gender pay gap issue

Sat, Jun 25, 2016

In India, the gender pay gap was 27% where men earned a median gross salary of Rs 288.68, while women earned only Rs 207.85 per hour.

Govt's IT spends to reach $7 billion in 2016: Report

Govt's IT spends to reach $7 billion in 2016: Report

Thu, Jun 16, 2016

Telecom services will be a $1.5 billion market, with the mobile network services sub-segment recording the fastest growth of 3.5% in 2016 to reach $793 million.

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