IT companies

Rising costs take heavy toll on company's profit, shows data released by RBI 

The main reason behind the jump in expenses was raw material cost, which rose by 32.8% at Rs 5.46 lakh crore against a 31.3% rise a year ago in 2021. 

published on : 22nd June 2022

Gig economy expands in Tier 2, Tier 3 cities

Amid rising attrition and challenge, many IT companies are reportedly planning on opening centres in small towns.

published on : 16th June 2022

Amid technology gloom, employees hanging by a thread

Twitter CEO had earlier mentioned that offers will be rescinded in a tweet and recently crypto exchange Coinbase also announced its plans of extending hiring freeze and rescinding rolled out offers.

published on : 14th June 2022

Majority of IT companies to adopt hybrid work model: NASSCOM

“While traditional companies are focused on accurate execution, technology organisations are fluid and modular.” The report notes that over 70% of employees prefer hybrid work.

published on : 8th June 2022

Companies training non-IT candidates for technical roles to save costs

The ever-changing IT landscape also factors in the change, say industry experts.

published on : 4th April 2022

Allow business travellers to get booster shots: Trade body

Even if an adult is vaccinated with the second dose in August, then the 270-day period will have elapsed and they will be considered as unvaccinated.

published on : 20th March 2022

COVID: Work from home revoked in Kerala, IT firms prefer hybrid mode

However, most IT companies, which have been encouraging the WFH mode, are likely to opt for the hybrid mode (combining work from office and WFH).

published on : 17th February 2022

Genpact to set up facility in Warangal

The announcement was made by the leadership team of Genpact after a meeting with Telangana IT Minister KT Rama Rao in Hyderabad.

published on : 17th December 2021

IT employees gradually returning to offices after 19 months as companies plan hybrid model

The largest IT services company, Tata Consultancy Services (TCS), has asked employees to come back to work at deputed locations by November 15

published on : 16th November 2021

Infosys and Wipro net profit beats market forecasts

Infosys reported 12 per cent growth in consolidated net profit at Rs 5,421 crore for the second quarter ended September 30, 2021, compared to Rs 4,845 crore in the same quarter last year.

published on : 14th October 2021

IT companies, startups explore innovative ways to pool talent

While big firms like TCS and Wipro have been on a hiring spree for the past couple of months, emerging companies and startups are trying innovative ways to woo IT professionals.

published on : 4th October 2021

Retail space market in Hyderabad continues to be sluggish: JLL report

However, the retail sector is pinning its hopes on the festive season and expecting it to give a boost to the retail business, Naidu said.

published on : 27th September 2021

Technopark all set to become fully Covid-vaccinated workplace

Technopark  is all set to become a fully vaccinated workplace by the end of this month as the second dose vaccination drive is nearing completion.

published on : 21st September 2021

Infopark to be fully Covid vaccinated by this month, stage set for reopening

Setting stage for IT companies to resume normal operations, Kochi Infopark will achieve complete vaccination status before the end of this month.

published on : 14th September 2021

Covid effect: ‘Workation’ mooted to lift spirits of IT workers in Kerala

For the past one-and-a-half years, Covid has forced IT employees to get accustomed to working from home with hardly any direct communication with peers and team leaders.

published on : 1st September 2021
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