The IT firm added three new clients in Americas and two each in EMEA (Europe, Middle East and Africa) and…
The top four IT companies, despite seeing a whopping 50,000 fall in their employee headcount in the last one year,…
Venkatraman said, “Our utilisation has come down from the traditional 78-79%. Today it is 1% more than last quarter because…
LTIMindtree’s utilisation rate is currently over 87%, which Chaturvedi said the firm needs to bring down for short-cycle growth.
The company’s Ebitda (earnings before interest, taxes, depreciation, and amortisation) came down to 24.2% in Q3 from 24.4% in the…
Top-tier IT stocks have sharply gained over the past few trading sessions, with investors seemingly more confident about their prospects.
L&T Technology Services (LTTS) had reported a post tax profit of Rs 296.8 crore in the year-ago period and Rs…
A key reason for the same according to analysts is the positive sentiment exhibited by the IT companies in pushing…
Wipro lost 21,875 employees as the IT industry faced an increasingly uncertain macro environment and clients delayed their decisions on…
While attrition fell to 12.9% in Q3, down from 14.6% in Q2 FY24, Utilisation for the company has gone up…
IT companies have been recently signing large deals, especially in the UK and Europe. Europe, including the UK, contributes about…
Last week, Tech Mahindra appointed former HR head and executive vice president of Infosys, Richard Lobo, as its chief people…
The clause is being reinforced after the recent legal spat between Wipro and its former CFO Jatin Dalal, who joined…
Indian IT players have ‘sell-to’ and ‘sell-with’ partnerships with a number of global SaaS companies, ICICI Securities said in a…
Three of the 10 employees who drew the highest salaries in FY23 in both Infosys and Wipro have left the…
As per court filings, Wipro claimed the non-compete clause stipulated Dalal should not join any rival company for 12 months…
Former HR head and executive vice president of Infosys, Richard Lobo, on Wednesday joined Tech Mahindra as its chief people…
The furloughs are likely to have not only dented the already lower discretionary spends of clients, but also extended the…
