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Muted Q3FY24 in store for IT firms
The signs of improvement in IT spending in the near term remain elusive, with continued scrutiny over discretionary spends, higher-than-usual...
Buybacks in sight as IT firms' share prices fall
Nifty IT index this year so far underperformed as compared to NSE Nifty; Share prices of most large and mid-tier IT firms corrected in the range of...
IT cos against WFH amid moonlighting
2-year long work from home (WFH) stint may be a part of history by December as IT industry getting back into working in office mode; Q1 witnessed...
Re fall set to benefit mid-tier IT cos more
Most mid-tier and small-cap IT cos have less exposure to Europe in terms of geo-graphical contribution; Rupee fall may supplement margin profile of...
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