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Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
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When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
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Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
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Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
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"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
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Nifty, Sensex Open On Flat Note Amid Volatility
As many as 18 stocks in the Sensex were in the negative territory, with most of the IT shares, including Infosys, Tata Consultancy Services and Wipro slipping in the morning session.
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Stock Indices Open Lower, Nifty Falls Below 18,100
Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.
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Nifty, Sensex Rise In Early Trade On Firm Global Trend
Wipro, HCL Technologies, Bajaj Finance, Bajaj Finserv, UltraTech Cement, Infosys, Tata Consultancy Services, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major winners.
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Infosys Employees To Get Only 65% Of Variable Pay For September Quarter: Report
IT (Information technology) services company Infosys will give 65% variable pay to its employees for the July FY23 quarter, lower than what it offered for the June quarter, reported Economic Times citing an internal mail.
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Wipro Boss Gets "Hate Mail" As 300 Fired For "Moonlighting"
The "integrity" debate over moonlighting, or taking up work besides regular job, isn't simply about what the company bosses want. Here's an explainer
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Infosys Warns Employees Against Moonlighting, Says It Could Lead To Termination
Many companies have spoken against moonlighting, with Wipro Chairman Azim Premji calling it "cheating".
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IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
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Sensex Climbs Over 500 Points, Nifty Trades Above 16,950; Wipro, Tech Mahindra, Infosys Top Gainers
The Indian equity indices staged a gap up opening on Tuesday led by gains in information technology shares after a steep fall in the previous session.
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TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
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Explained: How Big Tech Companies Are Now Expanding Into India's Smaller Cities
US-based Cognizant and India's Tata Consultancy Services, Infosys, HCLTech and Wipro, are moving into smaller cities due to cost efficiency, government incentives and availability of talent.
-
When Wipro's Azim Premji Turned Down Narayana Murthy's Job Application
Infosys founder NR Narayana Murthy once applied for a job at Wipro but was turned down, leading to the birth of Infosys, one of Wipro's biggest competitors in the IT industry, the billionaire businessman told CNBC-TV18 in interview.
-
Wipro Likely To Skip Pay Hikes For Top Performers In Key Business Line: Report
Wipro may skip giving hikes to "top performers with higher compensation" in its largest business line in the upcoming round of salary revisions in December, according to an internal memo: Report
-
Infosys Inks AI Deal With Estimated $2 Billion Target Spend Over Five Years: Details
Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.
-
"Depend On Each Other": US Treasury Secretary Meets Wipro, Infosys Chiefs
Janet Yellen had addressed the roundtable with US and Indian tech business leaders on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru
-
Nifty, Sensex Open On Flat Note Amid Volatility
As many as 18 stocks in the Sensex were in the negative territory, with most of the IT shares, including Infosys, Tata Consultancy Services and Wipro slipping in the morning session.
-
Stock Indices Open Lower, Nifty Falls Below 18,100
Among Sensex shares, Ultratech Cement, SBI, IndusInd Bank, Axis Bank, HDFC Bank, Kotak Bank, L&T, Reliance Industries,Tech Mahindra, Wipro, Infosys and TCS were the major losers.
-
Nifty, Sensex Rise In Early Trade On Firm Global Trend
Wipro, HCL Technologies, Bajaj Finance, Bajaj Finserv, UltraTech Cement, Infosys, Tata Consultancy Services, Kotak Mahindra Bank, Tech Mahindra and State Bank of India were among the major winners.
-
Infosys Employees To Get Only 65% Of Variable Pay For September Quarter: Report
IT (Information technology) services company Infosys will give 65% variable pay to its employees for the July FY23 quarter, lower than what it offered for the June quarter, reported Economic Times citing an internal mail.
-
Wipro Boss Gets "Hate Mail" As 300 Fired For "Moonlighting"
The "integrity" debate over moonlighting, or taking up work besides regular job, isn't simply about what the company bosses want. Here's an explainer
-
Infosys Warns Employees Against Moonlighting, Says It Could Lead To Termination
Many companies have spoken against moonlighting, with Wipro Chairman Azim Premji calling it "cheating".
-
IT Firms Infosys And Wipro Cut Variable Pay As Budgets Tighten
The top IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at US.and European clients who are bracing for a recession will sharply hit their own profits after a pandemic-led boom.
-
TCS Says No Delay in Process, Employees to Get 100% Variable Pay For June Quarter
Other IT majors, including Infosys and Wipro, have also reduced or delayed the variable pay of their employees
-
Sensex Climbs Over 500 Points, Nifty Trades Above 16,950; Wipro, Tech Mahindra, Infosys Top Gainers
The Indian equity indices staged a gap up opening on Tuesday led by gains in information technology shares after a steep fall in the previous session.
-
TCS, Infosys, Wipro To Post Q3 Numbers Today: Key Things To Know
India's top IT service companies -- Tata Consultancy Services (TCS), Infosys and Wipro -- will declare their respective third-quarter numbers for the financial year 2021-22 (FY22) on Wednesday. This is apparently the first time that the three firms will announce quarterly figures on the same day. It is widely expected that IT companies could post d...
