Search Results for: Infosys

Wipro to announce Q1 results next week, share buyback on the cards

Bengaluru-based IT software services exporter Wipro had cash and cash equivalents worth Rs 5,271 crore as of March 31 2017.

Jul 15, 2017

Tata Consultancy Services to increase Bhubaneswar unit's employee capacity by 3,000

Tata Consultancy Services' currently houses 3,200 employees at its Bhubaneswar facility and intends to increase the unit's capacity by 3,000 amid reports of its Lucknow office being shut down.

Jul 15, 2017

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Infosys reports marginal fall in June quarter net profit

Shares up as Infosys raises revenue guidance for fiscal 2018.

Jul 14, 2017

Pune techie commits suicide fearing layoffs; says 'in IT there is no job security'

The 25-year-old techie has been identified as Gopikrishna Guruprasad, who left a suicide note that said that there was no job security in the IT industry and he was worried about his family.

Jul 13, 2017

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Market at new high on inflation data for June; Sensex crosses 32,000, Nifty nears 9,900

Retail inflation hit a new low of 1.54 percent for June, buoying hopes of a rate cut by the Reserve Bank of India (RBI) when it meets for its next monetary policy meeting.

Jul 13, 2017

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Mutual funds added 10 lakh investor accounts in June: Report

The number of investor accounts, or folios, reached 57.82 million as of June 30, 2017.

Jul 12, 2017

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Job growth in 2017: Hiring likely to be flat on GST, demonetisation and visa woes

Thanks to numerous factors such as the Goods and Services Tax, demonetisation, and H-1B visa woes, job growth this year is likely to be flat at 5-7 percent.

Jul 12, 2017

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House rents poised to crash by almost 20% in IT hubs like Hyderabad, Bengaluru: Report

The slowdown in the $150-billion IT software services sector coupled with delayed salary hike for employees are cited as reasons.

Jul 10, 2017

Wondering how much Tech Mahindra CEO Gurnani earns? It's more than the boards of Infosys, TCS and Wipro

India's fifth largest IT services provider Tech Mahindra MD and CEO CP Gurnani earned Rs 150.7 crore, including the value of stock option that was granted to him, in FY2017.

Jul 10, 2017

Paradigm shift? Companies prefer generalists, freelancers over specialists and regular workers

Hiring experts have said that a large number of employers these days shortlist candidates who are generalists and not specialists, especially for entry level jobs.

Jul 8, 2017

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Tech Mahindra Layoff: Anand Mahindra apologises to employee asked to resign by 10 am

Anand Mahindra's apology comes after an unnamed employee was asked to leave with immediate effect and his recorded conversation with the HR representative went viral online.

Jul 8, 2017

Infosys to hire 2,000 employees at its North Carolina innovation hub

The firm had earlier said that it would start four technology hubs in the country and hire 10,000 local workers. The North Carolina hub is the second one of the four hubs.

Jul 7, 2017

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Infosys woman techie found hanging in her room in Bengaluru

Police have told that the body was in a decomposed state as the death happened two or three days ago. No suicide note or evidence of foul play was found in the room.

Jul 7, 2017

IT majors to lay off at least 56,000 employees this year [VIDEO]

IT majors Wipro, Infosys, Cognizant, Tech Mahindra are planning to lay off 56,000 engineers this year. The year 2017 witnessed massive IT Sector layoffs in India.

Jul 6, 2017

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IT companies to post muted growth for June quarter: Nirmal Bang analyst

Infosys, TCS, Wipro, Tech Mahindra, Mindtree and HCL Technologies are expected to report mixed results for June quarter, 2017.