It Sector
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IT industry sees 24 pc fall in hiring in April, volatility to continue: Survey
May 22, 2017 15:59 ISTWith top IT firms laying off professionals, the IT-software industry was hit the most with a 24 per cent fall in hiring in April this year as compared to April 2016, according to a survey by job site
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Incorrect to assume IT industry going for large scale layoffs, says govt
May 16, 2017 16:14 ISTThe government has categoric assurance from the industry in this regard, IT Secretary Aruna Sundararajan emphasized today
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‘2 lakh IT engineers to lose jobs annually in next 3 years’
May 15, 2017 7:50 ISTIn a worrying news for techies, an executive search firm on Sunday said that IT sector will witness job cuts between 1.75 lakh and 2 lakh annually for next three years.
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Top IT cos underpaying freshers, says Mohandas Pai; claims conspiracy
February 21, 2017 17:11 ISTTop Indian companies in the Information Technology sector are deliberately underpaying the freshers they hire, industry veteran T V Mohandas Pai has claimed, adding that the companies have taken advantage of the oversupply of software engineers at th
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Indian IT firms concerned over Donald Trump's 'buy American-hire American' pledge
January 23, 2017 6:55 ISTUS President Donald Trump's 'buy American-hire American' campaign has sent flutter down in $150-billion Indian IT sector, which is keepping a close watch on how the new administration evolves policies around outsourcing and movement of
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‘Indian IT sector has escaped demonetisation effects’
December 16, 2016 6:51 ISTIndia's information technology sector is one that has escaped the depressing impact that demonetisation has had on economic activity in the country, an IT corporate leader has said.
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Indian healthcare providers to spend more than Rs. 8,000 cr on IT in 2016: Report
June 21, 2016 15:42 ISTNew Delhi: Healthcare providers in India are expected to spend $1.2 billion (Rs. 8 cr approx.) on information technology (IT) products and services this year. This amount is an increase of 3.4 per cent over
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IT sector’s revenue growth to stabilise at 11-13 pc: Moody’s
April 27, 2016 19:38 ISTNew Delhi: Economic stability in developed countries will fuel growth in the IT services sector benefiting Indian companies, which will see revenue growth stabilise at around 13 per cent, Moody’s Investors Service said today. It
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Initial salary of women in IT sector higher than men: Report
September 09, 2015 16:14 ISTMumbai: Even as IT sector stands male-dominated, when it comes to initial salaries, women earn at par or more than their male counterparts, according to a recent survey. In Delhi, women (Rs 9.8 LPA) earn more than males (Rs
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Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter
June 30, 2015 11:04 ISTNew Delhi: Tech Mahindra, India's fifth largest information technology (IT) services exporter, on Monday warned a seasonally weak mobility business and visa costs would impact its revenue in the April-June quarter, forcing cost control measures
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Chhattisgarh's IIIT will be a catalyst of growth in IT sector: Piyush Goyal
National | June 23, 2015 15:16 ISTRaipur: Union Minister of State for Power and Coal (Independent charge) Piyush Goyal on Tuesday inaugurated the newly built International Institute of Information Technology campus at Naya Raipur in Chhattisgarh and said it will become
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Infosys: Re-skilling, not layoffs will address new challenges
February 16, 2015 16:22 ISTMumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
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Re-skilling, not layoffs, will address new challenges: Infosys
February 15, 2015 17:52 ISTMumbai: Even as the furore over layoffs in the IT sector is yet to die down, Infosys has said re-skilling talent is the answer to rapidly changing technologies in the software landscape."It is not that
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IT sector employees earn highest salary of Rs 342 per hour: Report
January 20, 2015 16:48 ISTNew Delhi: With a median gross salary of Rs. 341.8 per hour, the IT sector in India has emerged as the most lucrative sector in India, followed by finance where employees get Rs. 291 per
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Infosys CEO Vishal Sikka meets PM; dedicates Rs 1,500 cr to innovate in India
January 14, 2015 16:06 ISTNew Delhi: Infosys CEO Vishal Sikka has met Prime Minister Narendra Modi and disclosed that his company will spend $250 million (over Rs 1,500 crore) to fund innovations in software and services in India.The chief
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TCS layoffs: Is it time to unionise the IT sector?
January 08, 2015 9:28 ISTNew Delhi: The rising frequency of layoffs in India's IT sector, with the recent case being Tata Consultancy Services, the largest IT services provider in the country, has opened the way for trade unions to
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IT sector to hire 1.20 lakh this year: Experts
July 28, 2013 14:33 ISTNew Delhi, July 28: The country's IT & ITeS industry would generate as many as 1.20 lakh jobs this year even as campus hiring is likely to remain subdued, experts say.While there has been a
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IT sector to see better growth, more jobs in '13: Infosys
January 25, 2013 17:16 ISTNew Delhi, Jan 25: Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013
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2012: A growth year for India's IT sector
December 30, 2012 12:52 ISTBangalore, Dec 30: India's $100-billion IT industry in 2012 saw the emergence of new companies to serve global and local markets and sustained growth, despite tough business conditions.For the bellwethers, the year was a turbulent
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