Page 9 - Indian It Firms

Both clients & vendors have to think about adoption of WFH model: Infy COO

With relaxations in the nationwide lockdown induced by Covid-19, Infosys plans to adopt a staggered approach in getting back employees to office.

Wipro to repurpose its Pune facility into a 450-bed Covid-19 hospital

The process will be completed in four weeks and the IT firm will hand over the facility to the Maharashtra government by May 30

IT firms with higher fixed-price contracts may see lower impact on top line

HCL Tech, Wipro have more than 60% of revenue coming from such contracts, while Infosys has more than 50% share

Advantage Infosys, HCL as India Inc unlikely to cut spending on IT products

Firms drawing higher revenue from software products and platforms have edge over peers

Employee count shows Indian IT biggies hired fewer people in March quarter

TCS showed marginal rise in their employee count, as Infosys and Wipro witnessed drop in their staff base on sequential basis

Wipro suspends Q1FY21 revenue guidance as coronavirus crisis hits business

The company joined some of its peers to flag the uncertainty arising out of the pandemic and refrained from giving any revenue guidance for the first quarter of FY21

Coronavirus outbreak pushes up demand for scenario planning by IT firms

Global retail, manufacturing, pharma firms turn to AI-led simulation services to better anticipate the future

Coronavirus impact: Dip in valuation prompts IT firms to bet on buyouts

Tech firms with niche capabilities are on the radar of IT biggies

Coronavirus: Promoters of mid-tier IT firms increase stake as shares crash

Bengaluru-headquartered IT firm Mindtree witnessed its promoter L&T Group buying 0.4 per cent stake in the company through open market operations for around Rs 58 crore during this period.

Cut ops: US, Europe firms tell tech vendors in India amid Covid-19 outbreak

Experts say hospitality, manufacturing clients may hold back spends

Top headlines: Extended financial year recommended, surge in premium views

From Indian IT firms unlikely to layoff employees, ads in sports industry on the decline to rural wages set to take a hit, Business Standard brings you top headlines of the day

Coronavirus scare: IT services firms draw business exigency plans

With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders

Coronavirus outbreak may disrupt Indian IT firms' China operations

Industry employs over 22,000 people in the country, has been expanding operations over past few years

$80-bn IT sector contracts up for rebid in 2020; TCS, HCL may clinch deals

Large Indian information technology firms may steal a march over global peers to clinch deals

Budget 2020: IT firms want 15% corporate tax for services companies in SEZs

The sunset clause for SEZ nearing - March 31, 2020 - and the IT industry has been a big beneficiary of the policy

Why job losses are inevitable in IT

Firms have to move from just scale to building a smaller, more specialised talent pool

Infosys plans to broaden hiring on campus through technology platform

Bengaluru, 11 November After Tata Consultancy Services (TCS) introduced a 'National Qualifier Test' for recruiting engineering graduates, Infosys has launched a learning platform, 'InfyTQ', which it is planning to use for campus hiring."Earlier, due to absence of technology, our presence was limited to a certain number of colleges," says UB Pravin Rao, chief operating officer. "The platform was launched around nine months back and the idea is to use the data to hire fresh graduates."According to the information technology services major, all graduates from various engineering colleges are encouraged to register on this platform, where a lot of training material is shared with the students by Infosys. Certifications in various new-age technologies are also available on it, which students will get after clearing the examinations. "Anyone who has cleared our certification will be a strong candidate for us to recruit," Rao said.TCS launched its National Qualifier Test last year and says ..

Slowdown blues: Demand worries likely to dim IT firms' growth outlook

Besides slow growth in BFSI and retail verticals, deal conversion is taking time and may impact revenues and stock valuations

IT firms may shed 5-10% mid-level workforce, focus on digital: Infy ex-CFO

On the prospects of IT services companies in 2020, he said all the global economies seem to be stable and there are no fears of recession.

H1-B visa denial rate spikes under Trump; Indian IT firms worst-hit

In the first three quarters of fiscal 2019, US Citizenship and Immigration Services adjudicators denied 24 per cent of H-1B petitions for "initial" employment