Capgemini India's Chief Executive Officer Ashwin Yardi talks to Bibhu Ranjan Mishra and Sai Ishwar about the impact of Covid-19 on business
The technology industry is one of the largest recruiters for fresh graduates in the country.
Performance review likely to see some retrenchments
Delaporte, who is the first foreign national to lead Wipro since its inception, said it was disappointing that he could not meet his fellow colleagues in India due to the ban on international travel
In a filing with the US Securities and Exchange Commission, the Bengaluru-headquartered firm, however, said that the impact couldn't be accurately predicted as the pandemic is yet to recede.
Capgemini which employs about 110,000 employs in India has about 5 per cent of its workers coming to office
Appoints French IT services firm's COO Thierry Delaporte for its top post
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Office life in these cities resumed on Monday, albeit cautiously and with full knowledge of the need to maintain social distancing.
TCS and Wipro have already said they will hold back increments; other companies are likely to follow suit.
Forum for IT Employees (FITE), a self-proclaimed union for IT employees, has alleged that the company has taken such steps in order to "compensate for business loss owing to the nationwide lockdown".
At present, it is focusing efforts on re-skilling employees for the technologies of the future, he said, adding that this has now become a continuous process.
Elliott, which made waves in France last year when it revealed a stake in drinks maker Pernod Ricard, has since built a holding of more than 10% in Altran
The Competition Commission of India (CCI) in a tweet on Tuesday said it "approves acquisition of sole control over Altran Technologies SA by Capgemini."
Capgemini measures the impact in terms of growth, not the margin, says Patrick Nicolet
Capgemini is also looking at "internal rotation" of employees to ensure they have a career progression path
Close to half of the Paris-headquartered company's workforce is based out of India
Thierry Delaporte says that the move is to leverage the strength of its India unit to the maximum and take the same strategy to other markets
Capgemini looks at leveraging India base for driving innovation
Before this elevation, Yardi was the chief operating officer (COO) of the firm from January 2016