Page 10 - It Companies

Despite strong Q2 numbers, large deals become scarce for IT majors

The firms' total contract values have declined

Exit rush cloud hovers over IT: Top companies see 15-30% attrition rates

This could disrupt demand uptick, say experts

LIVE: CBSE Class 10 and 12 Term-1 exams in Nov-Dec, Term-2 in Mar-Apr

Live news updates: Reliance says it regrets getting drawn into the dispute between the Indian TV network and the American investment company.

Wipro beats estimates but profit falls 9.6% QoQ; IT revenue up 7.7%

Firm surpassed $10 billion in annualised revenue run rate

High on tech: Checks and tests that run the post-pandemic digital universe

A clutch of companies is ensuring apps and portals don't slip on quality, safety

TCS announces 'Rebegin project', its largest women recruitment drive

Rebegin is a TCS Careers Initiative intended to benefit women professionals who have taken a career break due to family or other commitments to help them return to the company

India Inc gets to work as it starts designing return to office toolkit

Domestic companies, including those in manufacturing, are also ready to bring back vaccinated employees

Bharatiya Global Infomedia to seek shareholders nod for raising Rs 150 cr

IT firm Bharatiya Global Infomedia will seek shareholders approval to enhance the borrowing limit to up to Rs 150 crore for at its annual general meeting to be held on September 30

Mid-cap IT companies' June quarter performance all about niche play

Unlike the top four or five IT players, when it comes to the mid-cap IT services players, every company has a different strategy and focus segments

A deeper look at Q1FY22 show of top-4 IT players tells a different story

While Q1 numbers show that the top four players are gearing up to capture the demand, the success of this will depend a lot on how they manage their supply side

No longer discounted: Mid- and small-cap IT firms enjoy premium at bourses

This is a contrast to last year, when mid- and small-cap IT companies traded at a P/E multiple of 13.3x at the end of March 2020

Good Q1 start has set the tone for growth this fiscal: Mindtree CEO

In a Q&A, Debashis Chatterjee talks about the growth drivers, how the company's 4x4x4 strategy has panned out and the rising attrition

As attrition rises, Wipro to hit campuses to hire record 30,000 freshers

The IT major will be making the offers at campuses in FY22, of which 22,000 will join the company in FY23

Guidance revision, margin show help L&T Tech outperform peers in Q1

Investors advised to await a correction and hold the stock for long term to benefit from the demand uptick in the niche engineering, research and development space

Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16%

'This has been a landmark quarter for us with the company. Q1FY22 saw the fastest growth in the last 10 years,' says CEO Salil Parekh

95% Indian firms to continue with remote work for next two years: Survey

The survey also found that 89 per cent of respondents believe implementing a work-from-home policy has led to an increase in security challenges faced by their organisation

TCS to expand operations in Arizona; to invest $300 million by 2026

Tata Consultancy Services (TCS) on Wednesday announced plans to expand its operations in Arizona in the US and invest more than USD 300 million (about Rs 2,236 crore) by 2026. The Mumbai-based company will also hire more than 220 employees by 2023, it said in a regulatory filing. "TCS will also continue to expand the reach of its STEM (Science, Technology, Engineering and Mathematics) and Computer Science education programmes in Arizona by increasing teacher training and online content for students over the next two years," it added. TCS' Phoenix Business Centre -- one of 30 TCS facilities in the US -- serves more than 50 customers across Arizona. Currently, it has more than 780 employees in the state, helping clients in banking, manufacturing, healthcare, and utilities, manage their IT operations and harness technologies such as artificial intelligence, machine learning, and enterprise software to achieve their growth and transformation objectives. The new positions will be based

Pandemic hastens transformation, demand soars for digital skills

Non-IT sectors, traditional firms seek tech talent at campus placements, too; focus also turns to soft skills

Indices' losing run continues amid selling pressure; Bajaj Auto falls 1%

Banking, finance and IT counters accounted for most of the losses, while strong demand for metal stocks cushioned the fall

IT industry to post strong recovery with 11% revenue growth in FY22: Crisil

The recovery will be led by increasing outsourcing and accelerating digital transformation services mainly in sectors such as banking, financial services and insurance (BFSI), healthcare, and retail