The consolidated revenue stood at Rs 9,106 crore in the quarter under review, up 5.2 per cent from Rs 8,653 crore in the year-ago period
All that happened in the markets today
Analysts at IDBI Capital forecast CC revenue decline of nearly 8.8 per cent QoQ
Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.
The data compiled by the BS Research Bureau shows that never before have all four firms seen a fall in staff count, at least not for a decade, despite several business cycles.
He was the last founder chairman in the Indian IT services industry to step down.
The company is undertaking similar steps for its employees in the UK and Australia
A chartered flight carrying the employees and their families took off from Fort Worth International Airport on Monday and is expected to land in Hyderabad tomorrow
A special chartered flight carrying them took off on Monday from Dallas/Fort Worth International Airport and will land in Hyderabad on Tuesday
The technology industry is one of the largest recruiters for fresh graduates in the country.
The move entails moving from the current hardware-dependent networks to ones that will be software-centric with hardly any dependency on the underlying hardware.
Among the Indian IT companies, top-tier firms such as TCS, Infosys, Wipro and Tech Mahindra are learnt to be service providers for Huawei.
The idea of working from home, once derided in India owing to the widely held belief that one "worked" only if one went to an "office", is now no longer an incentive but a necessity.
Tech Mahindra recognised among India's 50 best companies to work for in 2020
Tech Mahindra signs UN Global Compact initiative statement on climate action
India's biggest IT firms moved swiftly when a lockdown became imminent in March. How prepared are they to deal with the challenge of clients reducing spending on technology or asking for discounts?
Many of the industry's clients closed their set-ups globally as part of containment measures to check coronavirus. Travel and hospitality, aviation, retail, auto and manufacturing hit the hardest
Apart from issuing guidelines for employees with dos and don'ts, the companies are using technology-led solutions to ensure social distancing at workplaces.
Makers Lab does molecular docking studies of 19 FDA approved ligands and anti-virals. technique enables search for therapeutically potent drugs and molecules in real-time
Telecom segment growth and margin recovery may not fructify soon