It Companies
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TCS layoffs: Union claims around 40,000 employees lost jobs, company calls it misleading
Technology | Aug 21, 2025, 05:27 PM ISTA major row has erupted over layoffs at Tata Consultancy Services (TCS). While the IT employees' union UNITE claims that up to 30,000 to 40,000 jobs could be cut, TCS has dismissed the reports as 'incorrect and misleading', clarifying that only 2 per cent of the workforce is impacted.
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Multibagger IT stock hits fresh high on BSE after acquisition announcement
Business | Dec 19, 2023, 06:54 AM ISTThe Board's approval for a preferential issue of 2,96,296 equity shares at Rs 135 per share reflects the company's commitment to strategic growth. However, the acquisition is contingent upon shareholder approval.
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SME IPO: IT stock delivered multibagger return since listing; hits fresh highs on strong Q2 earnings
Business | Oct 29, 2023, 03:54 PM ISTThe small-cap IT stock has said that its consolidated net profit increased by more than 140 per cent on a year-on-year (YoY) basis to Rs 4.52 crore for the first six months (April to September) of the financial year 2023-24.
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India's IT spending to surge $112 billion, driven by CIOs' focus on Productive investments
Technology | Jul 19, 2023, 07:07 PM ISTA report says that the generative artificial intelligence (AI) is topping the heads of many business and IT leaders, but it has not been significantly impacting IT spending levels.
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TCS, Infosys and other Indian IT biggies ending work from home; What changes for employees
Business | Oct 26, 2021, 02:04 PM ISTLeading IT companies like TCS, Infosys, Wipro, and HCL Technologies are chalking out plans to recall their employees. But, what will this mean to the employees who are shifting back to the office after working from home for long?
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HCL Tech Q1 net profit up 9.9 pc to Rs 3,214 cr; co confident of double-digit revenue growth in FY22
Business | Jul 19, 2021, 11:22 PM ISTIT services major HCL Technologies on Monday posted a 9.9 percent rise in consolidated net profit to Rs 3,214 crore for the June 2021 quarter, and exuded confidence in logging double-digit constant currency growth in FY22 on the back of a strong deal pipeline.
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Bengaluru IT/ITES companies, call centres, offices in Red Zones to re-open with 33% staff
Business | May 04, 2020, 09:15 PM ISTKarnataka government on Monday allowed certain industries, IT/ITES companies, call centers, telecommunication to resume operations in Red Zone areas with 33 per cent of their staff strength.
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IT companies in Karnataka agree to shut offices as COVID-19 grips the country
India | Mar 21, 2020, 12:44 PM ISTKarnataka Deputy Chief Minister CN Ashwath Narayan on Saturday informed that the IT companies in the state have agreed to close their offices and have also allowed some employees to work from home in the backdrop of the coronavirus pandemic.
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Tech Mahindra to TCS, H1-B visa rejection sees steep rise; major Indian IT cos worst hit
World | Nov 06, 2019, 04:07 PM ISTRestrictive policies of the Trump administration has resulted in a steep increase in the H1-B visa rejection rate by the United States. A majority of the rejection rate is for the IT companies in India, which shows that the Indian companies are being targetted by the current administration by the United States.
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Overall hiring intention of Indian IT employers weakens: Survey
India | Oct 22, 2019, 01:06 PM ISTAs per the report, the IT job market is gradually aligning with the megatrends of evolving technology, and a huge talent shortage can be expected by the year 2021, thanks to around 2 lakh jobs in Artificial Intelligence and Big Data. The survey that reflects hiring sentiments of Indian IT professionals in both IT, non-IT organisations noted that IT services firms will remain the biggest employers of tech talent with an employment outlook of 21.61 per cent, while non-IT organisations expressed hiring intentions with an employment outlook of 13 per cent
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NASSCOM denies reports of mass layoffs by Indian IT companies, says sector 'continues to hire'
May 18, 2017, 05:47 PM ISTThe reports of mass layoffs by IT companies in India on Thursday were dismissed by software industry body NASSCOM.
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‘China-based hacker group trying to steal confidential business data from Indian firms’
Apr 10, 2017, 02:30 PM ISTA US-based cyber security group has claimed that a China-based cyber espionage group is now trying to steal confidential business data from Indian firms to support corporations in their country
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Singapore does a US, asks Indian IT companies to hire local talent
World | Apr 03, 2017, 10:50 AM ISTWhile the Trump administration, on one hand, continues with its hard-nosed approach against H-1B visa programme, Asian country Singapore seems to be walking on the footprints of the United States.
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Don't assign night duty to women, Karnataka house panel tells IT cos
National | Mar 28, 2017, 04:37 PM ISTA committee of Karnataka Assembly has asked Bengaluru-based Information Technology (IT) and Bio-technology (BT) companies to avoid assigning night shifts to women employees in order to ensure their safety, security and privacy needs.
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US bill seeks to bar Indian companies from hiring on H-1B visas
Jul 09, 2016, 07:14 PM ISTWashington: A legislation, by a bipartisan group of two US lawmakers, has been introduced in the House of Representatives, which if cleared, would not allow Indian companies from hiring IT professionals on H-1B and L1
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US visa fee hike discriminatory, targets Indian IT companies: Arun Jaitley
Apr 14, 2016, 05:36 PM ISTWashington: Finance Minister Arun Jaitley today came down heavily on a decision by the US to hike visa fee saying that it is "discriminatory" and largely affects Indian IT professionals. Jaitley said that the hike
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H1B visa fee increases as Obama signs Omnibus spending bill into law
World | Dec 19, 2015, 01:07 PM ISTWashington: US President Barack Obama signed into law a USD 1.8 trillion spending package which among other things introduces a hefty USD 4,000 fee for certain categories of H-1B visa and USD 4,500 for L1 visa.The
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Indian IT companies among world's worst paymasters
Sep 21, 2015, 04:19 PM ISTNew Delhi: Indian IT companies are among the 10 worst paymasters in the world, says a survey -- a mid-level IT manager draws an average salary of $41,213 while his Swiss counterpart gets over four
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Canadian IT firm inks deal with Kerala's software company
Aug 08, 2015, 02:20 PM ISTThiruvananthapuram: Cycloides Inc, a Canadian IT consulting and high-end total solutions provider, has signed a partnership agreement with Kerala's Triassic Solutions Pvt Ltd, a leading enterprise software provider.Under the agreement, Cycloides will work together with
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ISIS-wary Cyberabad IT companies to snoop on employees surfing habits
Feb 05, 2015, 08:02 AM ISTNew Delhi: The employees of the Informational Technology (IT) companies in the city of Hyderabad will soon be under hawk's eye to check their surfing habits, whether they access terror related information on the internet.