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IT hiring slump likely to ease only in FY25
IT firms in process of adjusting workforce, which they have hired last year or over hired, to current demand situation, say staffing experts
EU bright spot for Indian IT as US slows down
US, which accounts for 50% revenue for domestic software sector, showed signs of substantial slowdown, while European Union contributing up to 30% to...
Wipro shares fall 4%
New Delhi: Shares of IT services company Wipro on Thursday declined more than 4 per cent after the firm’s September quarter earnings failed to meet...
50-day SMA/ 65,650 acts as a trend decider level
Short-term market structure is still weaker; Technical bounce-back till 66,000-66,100 likely
Bleak IT results keep pressure on key indices
Sensex, Nifty fall for second straight session on weak global trends; Lower revenue guidance by Wipro dampened investor sentiment; Investors lost...
Wipro sees 3.5% fall in FY24 revenues
Posts flat net at Rs2,667.3-cr for Sept qtr as against Rs2,649.1 cr a yr ago
Revenue leakage a big worrisome factor for IT cos
Revenue addition coming from new projects not able to compensate for the loss of volume arising from existing projects as many existing projects are...
Headcount shrinking at top IT cos in India
Involuntary attrition, no backfilling leading to fall in employee count
