This is in line with the general assessment by the industry, pointed out Ram Sundararajan. He, however, did not cite a definite target for ...

The $254-billion Indian IT industry had shed a record more than 70,000 employees in FY24 as their clients cut tech spends amid a global slo...

Infosys reported better-than-expected revenue and net profit growth for Q4 2024, increased its FY25 revenue guidance, and plans to hire mor...

HCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue gro...

This contrasts with the lacklustre performance reported by TCS last week wherein the country's largest IT exporter recorded slower-than-ant...

HCLTech's larger peer Tata Consultancy Services (TCS), India’s largest IT services company, added 5,726 employees during the second quarter...

Salary hikes in IT companies are shifting from the traditional April-June period to later in the year, introducing unpredictability. Raises...

HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanw...

For the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly...

Employees who do not follow the directive will face disciplinary action, the company said in an email to employees.

HCL Tech’s consolidated net profit rose 13.5% sequentially to Rs 4,350 crore in the December quarter, and revenue grew nearly 7% to Rs 28,4...

Six leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the l...

ET had previously reported that Q1 headcount growth for the IT majors is expected to be flat, in line with the numbers reported for the Jan...

The management commentary by each of the companies reveals that the demand slack is on account of either a delay in decision making by clie...

Given this, the stocks of the top tier IT exporters are expected to remain under pressure in the short term. The ET Infotech index has lost...

Attrition rate over the past 12 months has dropped to 17-18% across the sector, say experts.

Revenue grew 19.5% on year to Rs 24,686 crore, beating analysts' estimates, on the back of growth in engineering, research & development se...