IT Companies

The company continues to outpace the industry. Healthcare, and banking, financial services and insurance (BFSI) were the two verticals contributing to growth

As of September, Tech Mahindra's employee count rose to 154,273 from 147,620 last quarter, while attrition slightly increased to 10.6 per cent, with IT attrition at 11 per cent

Discussions focused on boosting cooperation in technology and innovation, with the goal of expanding collaboration between the two countries

The company's new work policy allows employees to choose their in-office days based on collaborative needs, while retaining the flexibility to work remotely on the remaining days

Overall, the sentiment remains cautiously optimistic for Wipro ahead of results, with key focus areas including large-deal pipelines and consulting growth.

The company has fixed October 11, as the record date to ascertain the eligibility of shareholders for the payment of the second interim dividend.

This is the eleventh edition of the IT major's employee share ownership plan after the previous one from 2019 is set to expire at the end of the year

The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.

Chief Minister Mohan Charan Majhi on Friday inaugurated operation centres of four new IT companies here which is expected to strengthen Odisha's position as a key destination for IT, professional services, and Innovation. Majhi inaugurated the operation centres of Chubb Business Services, Integreon Managed Solutions, Bourntec Solutions, and Secuodsoft Technologies virtually. The presence of these companies in Odisha is a testament to our state's commitment to fostering a business-friendly environment. From IT to Manufacturing, from Research and Development to Professional Services, Odisha's diverse industrial landscape is expanding rapidly, Majhi said. Stating that Odisha has set a target to make Odisha a USD 500 Billion economy by 2036 and a USD 1.5 trillion economy by 2047, the chief minister said the IT/ITeS and the larger services sector will play a critical role in helping us achieve these goals. "Our focus is and will remain on creating an environment that nurtures businesses

Financial services company Capital Group on Wednesday sold a 5.6 per cent stake in Mastek for over Rs 475 crore through open market transactions while ICICI Prudential Mutual Fund picked up a stake in the IT services company. Los Angeles-headquartered Capital Group through its affiliate EuroPacific Growth Fund offloaded 17,19,117 shares, amounting to a 5.6 per cent stake in Mastek Ltd, as per the bulk deal data available on the BSE. The shares were disposed of at an average price of Rs 2,766.36 apiece, taking the transaction value to Rs 475.57 crore. Patronus Tradetech also sold 217 shares of Mastek at Rs 2,845.23 per piece. ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total of 12.34 lakh shares of Mastek in the price range varying from Rs 2,751-2,767.51 apiece, taking the combined transaction value to Rs 340.40 crore. Details of the buyers of Mastek's shares could not be identified. Shares of Mastek declined 4.67 per cent to end at

This property has been the company's India headquarters for over twenty years. It is spread over a 15-acre land parcel and comprises a four lakh sq ft office space

Shares of Tata Technologies fell nearly 3.4 per cent to touch an intra-day low of Rs 1,013 after nearly 12 million shares, worth around Rs 1,278 crore, changed hands in block deals on Tuesday.

A recent American Express survey found that one of the factors hindering a complete recovery of business travel post-Covid is the increasing prevalence of virtual meetings and events

Tata Consultancy Services (TCS) is expected to register a single-digit growth in revenue and profit for the April-June quarter of fiscal year 2024-25 (Q1FY25)

The investment signifies that the company is making to build semiconductor capabilities

Instituted in 1802 by Napoleon Bonaparte, the Chevalier de la Legion d'Honneur is the highest civilian award given by the French Republic for outstanding service to France

Infosys on Friday said Hemant Lamba, Executive Vice President and Global Head of Strategic Sales, has resigned from the company. The Bengaluru-headquartered IT services firm informed about the resignation of the Senior Management Personnel in a statutory filing. "This is to inform that Hemant Lamba, Senior Management Personnel, has resigned from the services of the company," Infosys said in a BSE filing. In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am writing to inform you of my decision to resign from the services of Infosys. I am thankful for the opportunity and experiences I have had over the years".

Indian IT company sponsors 14 global running events that are attended by 600,000 runners

The surge in share price came on the back of a divided announcement, coupled with Accenture's Q3 performance, which met street expectations

The salary of a fresher engineer joining the IT services sector starts at around Rs 3.5 lakh per annum. Whereas, freshers who get selected through this tiered framework can get 6.25-12 lakh per annum