IT Companies News
Captive concerns: Why Cognizant has called out the risk from GCCs
Cognizant and homegrown IT services firms provide services, including application development and maintenance, to some of the world’s largest companies, including Apple and Walmart
6 min read05:20 AM ISTRising demand, escalating costs: staffing firms feel the heat
Staffing agencies report a 20% cost increase and 25% attrition as demand for gig workers rises in India. Companies seek local talent amidst a strong summer demand for cooling products, leading to challenges in recruitment and higher compensation for temporary workers.
4 min read05:15 AM ISTTCS CEO Krithivasan faces biggest challenge amid macroeconomic uncertainty, threat posed by GenAI
At TCS, generative AI is crucial, yet macroeconomic uncertainties pose greater challenges. The company has seen a 20.6% decline in shares, slow revenue growth, and faces client ramp-downs, which complicate hiring plans and could be impacted by GenAI’s automation capabilities.
5 min read9 Apr 2025How Trump world poses trouble for India’s tech firms
India’s IT outsourcers earn most of their revenue from the US, and any disruption in the Americas can hit their revenues.
5 min read2 Apr 2025How IT’s bigwigs made it even bigger after covid
Tata Consultancy Services Ltd and Infosys Ltd sharply outpaced the global IT services industry in the four years beginning 2020, as they worked with hyperscalers and adapted to the post-pandemic world.
5 min read31 Mar 2025Nano giants: Niche tech firms fuel India’s next GCC wave
The objectives of these companies, which have workforces between 50 and 200 employees, vary. Some want to build niche software products and platforms in India.
3 min read24 Mar 2025Where have all the $100 million CEOs gone?
There have been fewer ‘moonshot’ pay packages for 2024, but median CEO pay climbed to $16.4 million.
4 min read23 Mar 2025Tata Consultancy Services announces Sudeep Kunnumal as CHRO-designate
TCS has not announced when he will eventually take over as the CHRO.
2 min read13 Mar 2025Riyadh Air eyes opportunities in India
According to Tony Douglas, CEO of Riyadh Air, the airline is open to partnering with Indian airlines like Air India and IndiGo and Indian IT companies for its digital infrastructure.
4 min read12 Mar 2025IT stocks plunge as analysts have doubts about a growth rebound
The Wednesday selloff alone erased ₹75,413 crore from the market cap of the top five IT companies.
4 min read12 Mar 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared