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LTIMINDTREE PAY HIKES
LTM CEO Venu Lambu draws Rs 27.26 crore in FY26: Annual reportLTM Limited's new CEO Venugopal Lambu received Rs 27.26 crore in remuneration for FY26. This included fixed pay, variable compensation, and...
IT rout deepens; Ola Electric narrows Q3 lossesIndian IT stocks took a beating for the third straight session amid fears over AI-led disruption. This and more in today’s ETtech Top 5.
Four lost years push Indian IT to an AI reckoning. Will TCS, Infosys, Wipro deliver in 2026?Indian IT stocks, after a four-year slump, face an AI reckoning. While past growth was fueled by pandemic spending, a cautious global marke...
Staggered pay hikes in IT industry are the new normal: LTIMindtree CEOLTIMindtree, on Thursday, announced that it is modifying its wage-hike cycle. Instead of one annual wage hike, which typically occurs in Ap...
IT stocks foot Rs 82,600 crore bill for $100,000 H-1B visa. Time to sell?Indian IT stocks plunged up to 5% after Donald Trump hiked H-1B visa fees to $100,000, erasing Rs 82,600 crore market value. Analysts warn ...
H-1B math pegs cost at USD 500 mn for 5,000 new filings; may spur offshoring, local hiring: ExpertsNew H-1B visa fees may push IT firms to offshore expansion or local hiring. The USD 100,000 fee impacts FY27 petitions. Companies might avo...
US visa shocker: Indian industry says $100,000 H-1B fee hike a disruptor, cries foul over deadlineThe US decision to hike H-1B visa application fees to USD 100,000 has sparked concerns for the Indian IT sector, potentially disrupting ons...
US visa shocker: Indian industry says $100,000 H-1B fee hike a disruptor, cries foul over deadlineThe US has hiked H-1B visa application fees to USD 100,000, sparking concerns for the Indian IT sector already grappling with global econom...
New H-1B visa rules could impact US innovation, job economy: NasscomIndia’s top IT services companies, including TCS, Infosys, HCLTech, Wipro, Tech Mahindra, and LTIMindtree, had reduced H-1B filings by an a...
LTIMindtree links pay hikes of managers to a new competency testAt the L&T subsidiary, P0 and P1 refer to the engineering graduates and trainees, while P3, P4 and P5 bands belong to managers, team leads,...
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.
Microsoft’s $3 billion India AI bet; Mobikwik earningsMicrosoft announced a $3 billion investment in India to strengthen AI and cloud infrastructure. This and more in today’s ETtech Top 5.
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...
Inside Ranjan Pai’s plan for his family office; the state of Silicon Valley amid AI frenzyManipal Group’s Ranjan Pai, who has been in the news for bailing out troubled startups such as Byju's and PharmEasy, is putting together a ...
Byju’s plans a PE lesson for Aakash; inside Udaan’s fundingByju’s is talking to a few private equity firms to offload a controlling stake in Aakash Institute, one of the beleaguered edtech’s prime a...
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, ...
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...
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...
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...
Half machine, half artist – meet DALL-E 2DALL-E 2 (a mishmash of WALL-E and Dali) builds on the success of its predecessor DALL-E, which OpenAI unveiled in early 2021, and improves...