It Sector
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India’s white-collar job market up 12% in February: 5 Key takeaways from the report
Technology | March 04, 2026 15:53 ISTIndia’s white-collar job market rose 12% year-on-year in February 2026, with strong growth in IT and AI/ML roles, freshers’ hiring and demand for high-salary jobs, as per the Naukri JobSpeak Index.
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TCS to cut 12,000 jobs this year amid AI disruption, weak demand
Business | July 27, 2025 16:58 ISTTata Consultancy Services (TCS) plans to lay off around 12,000 employees, about 2% of its global workforce, over 2025, primarily targeting mid- and senior-level roles. The company cites the need to become "future-ready" amid economic uncertainty and disruptions caused by artificial intelligence.
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Delhi HC tells Wipro to pay Rs 2 lakh damages to fired employee over defamatory termination letter
India | July 17, 2025 21:04 ISTThe Delhi High Court has ordered Wipro to pay Rs 2 lakh in damages to a former employee who was terminated with defamatory remarks in his termination letter. The court found that the language used in the letter was unsubstantiated and amounted to character assassination.
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What exactly is 'Vibe Coding,' and why is it causing a stir within the IT sector?
Explainers | June 11, 2025 13:10 ISTThis innovative approach to software programming has sparked considerable discussion in the IT sector. Many professionals are embracing this new coding method, while others express concerns that it may lead to challenges in the future.
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IT sector salary hikes this year might be 'cautious' this year amid economic uncertainties: Experts
Business | February 23, 2025 13:56 ISTIndustry experts predict an average wage increase of 4 to 8.5 per cent, a notable step down from previous years, signalling a shift towards more pragmatic compensation strategies.
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Donald Trump's stunning comeback: What it means for India's IT, pharma sectors and impact on visas?
World | November 07, 2024 13:16 ISTSome experts feel that Trump's trade protectionist views could have some negative impact on India's exports and might exert some pressure on the rupee in the short term.
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Sensex hits record high, closes above 85,000, Nifty crosses 26,000 mark
Business | September 25, 2024 16:07 ISTThe Sensex surged to a record high, closing above 85,000, while the Nifty crossed the 26,000 mark, driven by gains in banking, IT, and auto sectors. Strong earnings and economic indicators fueled the rally.
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Sensex drops 131 points to settle at 82,948, Nifty declines 41 points to 25,377
Business | September 18, 2024 16:40 ISTThe market faced broad-based selling pressure across sectors, with financial, IT, and energy stocks among the top laggards. However, select FMCG and pharmaceutical stocks showed resilience, offering some support to the market.
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Market closes at record highs: Sensex gains 443 points, Nifty nears 24,150
Business | July 01, 2024 16:46 ISTThe Sensex surged by 443 points, closing at a new all-time high of 79,476.19, while the Nifty climbed 131.35 points to 24,141.95, both reaching fresh lifetime highs on Monday. Key contributors to the rally included Tech Mahindra, UltraTech Cement, Bajaj Finance, and Infosys.
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Sensex, Nifty end marginally up amid recovery in global markets
June 28, 2022 16:32 ISTThe 30-share BSE Sensex settled up 16.17 points or 0.03 percent at 53,177.45. During the day, it had declined 389.75 points or 0.73 percent to 52,771.53. The NSE Nifty gained 18.15 points or 0.11 percent to 15,850.20.
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Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks
June 23, 2022 16:31 ISTFrom the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS and Hindustan Unilever among others were the major gainers. On the other hand, Reliance Industries, NTPC, Power Grid and UltraTech Cement were the laggards.
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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 | July 19, 2021 23:22 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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Union Budget 2020: IT Sector suggests budget should spur AI use in economy
Technology | February 01, 2020 11:08 ISTBudget 2020: With the US and China racing ahead of India in AI research, AI entrepreneurship and government investment in AI is much needed.
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India likely to increase IT resources in Russia
India | June 24, 2019 19:41 ISTIndia's prowess in Information Technology (IT) sector could be utilized in an increased measure in Russia to strengthen the bilateral strategic partnership further.
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Massive drop in H-1B approvals for Indian IT companies in 2015-17
India | April 25, 2018 13:53 ISTThe top-seven Indian based companies received only 8,468 approved H-1B visa petitions in the financial year 2017, a decline of 43 percent for these companies since the financial year 2015.
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IT companies formed cartel to keep entry-level salary low: Mohandas Pai
Business | December 27, 2017 16:09 ISTPai, a former CFO of Infosys, said these companies are taking advantage of "over-supply" of engineers and seeking to command the market, terming this trend "totally wrong".
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Nobody supporting ‘IT unions’, people who go with them will never get jobs: Mohandas Pai
June 07, 2017 18:01 ISTRubbishing reports indicating widespread job losses in the slowdown-hit IT industry, the former Infosys CFO said that there is no crisis of jobs in the industry and that people going away is just part of normal attrition
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Indian IT firms look to China for opportunities as US challenges mount
May 30, 2017 13:38 ISTChinese businesses there looking to collaborate with Indian IT firms in complex areas like big data analysis to put them to wider use
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In setback for H1B visa holders, Cognizant to suspend green card applications for employees
May 24, 2017 12:33 ISTThe IT firm has said that it will continue to provide support to existing applicants but will not file fresh applications. EB2 and 3 visas are for skilled workers and professionals, mid and lower level employees
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Techies to form India’s first IT union amid large-scale layoffs by companies
May 23, 2017 19:39 ISTCalls for formation of an IT employee union gathered momentum after reports of large scale layoffs by several IT companies in view of the toughening stance on work visas and increasing automation in the industry
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