IT services

Amid global economic stress, IT sector hiring falls 25 per cent this fiscal

With the BFSI stress and challenges in the global economy amid inflation, the future of employment in the IT services sector, at least for a few quarters, doesn’t look promising. 

published on : 18th April 2023

RBI's norms on outsourcing IT services aimed at improving corporate governance, say experts 

These norms came in the backdrop of the current practice of regulated entities (REs) of extensively leveraging IT and IT-enabled services (ITeS) to support their business models.

published on : 16th April 2023

RBI issues detailed norms for outsourcing of IT services by banks, NBFCs

With a view to providing REs adequate time to comply with the requirements, the norms will come into effect from October 1, 2023.

published on : 10th April 2023

Wipro posts Q3 net profit at Rs 3,053 crore

The company's consolidated revenues for the third quarter were up 14.3% at Rs 23,229 crore compared to Rs 20,314 crore in the same quarter last fiscal.

published on : 13th January 2023