Cognizant CEO Ravi Kumar’s FY24 pay rises nearly 14% to $8.2 millionSeveral Indian IT services firms received higher pay in 2024 compared to 2023, despite the industry facing economic challenges and reduced ...
19 Apr, 2025, 12.38 PM IST
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
22 Feb, 2025, 07.23 AM IST
Coforge, Persistent Systems CEOs earn more than TCS, HCLTech and Infosys chiefsCoforge, which filed its annual report last week, said its CEO’s remuneration increased 209.63% in FY24 compared to FY23, largely because o...
10 Aug, 2024, 04.48 PM IST
Here's how much top IT CEOs got paid in FY24Indian IT services company leaders saw a rise in annual compensation amidst industry challenges. Infosys CEO Salil Parekh's remuneration in...
05 Jun, 2024, 09.53 AM IST
IT CEOs' salary in FY24; Wipro offers 85% variable payHappy Wednesday! Top bosses at some of the country’s leading IT firms took home enhanced salary packages last fiscal. More on this on today...
05 Jun, 2024, 07.17 AM IST
LTIMindtree CEO pay up 10%, LTTS chief’s package jumps over 100%Debashis Chatterjee fixed pay was Rs 9.33 crore, variable compensation at Rs 9.9 crore for the fiscal 2024. The median remuneration of empl...
04 Jun, 2024, 04.34 PM IST
TCS announces 100% variable pay for majority of staffThe variable payout for the remaining employees will be based on their business unit’s performance, said chief human resources officer Mili...
12 Oct, 2023, 12.26 PM IST
IT Pay Hikes: Here is a list of companies who gave increments, and who delayedThese divergent strategies adopted by major Indian IT companies underscore the complex and ever-changing dynamics of the service industry, ...
06 Sep, 2023, 04.12 PM IST
IT sector drives strong PE interest; Dunzo delays June-July pay yet againData shows the number of private equity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022 as inve...
31 Aug, 2023, 07.32 AM IST
Nil to 1% hikes for LTIMindtree employees after months of delayET could not independently verify the share of the employee base that received such hikes but sources confirmed that a majority of junior t...
30 Aug, 2023, 09.22 PM IST
PhonePe enters stockbroking; Swiggy tests bundling for ‘One’ subscriptionsPhonePe said in a statement that Share.Market will elevate discount broking through ‘WealthBaskets’, a market research-based technology pla...
30 Aug, 2023, 07.53 PM IST
Dunzo’s downfall: from startup star to sinking ship? and other top tech stories this weekThis week was Dunzo’s worst ever since it pivoted to quick commerce with Dunzo Daily in 2021. At ETtech, we have been closely tracking the ...
22 Jul, 2023, 09.53 AM IST
Headcount at big 4 Indian IT companies dips in Q1ET 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...
21 Jul, 2023, 03.21 PM IST
Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licencesA week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The q...
18 Jul, 2023, 09.51 AM IST
India's outsourcing giants cut hiring; disheartening for economy, studentsThe slowdown, triggered by global uncertainty in demand, is unprecedented in an industry that is one of the biggest hirers in India's servi...
12 Jun, 2023, 02.26 PM IST
Tech slowdown toll: 6 out of 10 companies hiring more gig workersAccording to CIEL HR Services research shared exclusively with ET, permanent jobs have grown by less than 5% in 2023 vs 2022 while the numb...
07 Jun, 2023, 10.51 AM IST
Tech Mahindra Q4 results: Consolidated PAT rises 39% YoY, beats estimatesThe operating margin for the Mahindra Group company stood at 13.2% in the three-month ended March compared to 14.8% clocked in the previous...
14 May, 2022, 09.55 AM IST