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Small ticket deals hitting hiring plans at IT companies
Many enterprises, which are seeking quicker outcomes from their engagement with IT vendors, insisting on small projects
IT subcontracting picks up amid slowdown talk
Sluggish activity in technology space usually compels industry to rely more on third-party vendors than taking employees on rolls
IT sector adds 4.5 lakh new jobs in FY22
Over 44% of the new hires were women and their overall share is now 18 lakhs
Wage hikes keep pressure on IT margins
Attrition-hit several large and mid-tier cos announced annual wage hikes in June qtr and it’ll have impact on operating margins in Q2
IT cos opt for freshers to set off rising costs
Most large and mid-tier companies in both IT services and engineering services companies are taking up freshers in order to control cost and
Re fall a breather for IT cos
Home currency against greenback breaches 78 mark; Depreciation of Re1 adds 30bps to operating margins of IT firms
Small becomes beautiful for Indian IT industry
Indian IT companies are moving to tier-II cities in droves. As attrition war rages, many companies are following a hub and spoke model. Under this...
Re fall insulates IT cos from global headwinds
Weaker home currency facilitates tech firms to cushion top line and bottom line