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MAGNA INFOTECH
TCS, ONGC, Just Dial among 41 stocks that look ready to rally, suggests MACDThe momentum indicator signalled bullish crossovers on these counters, hinting at possible upsides in the days ahead.- Share market update: ONGC, J&K Bank among top losers on BSEThe Nifty index was trading 122.55 points up at 9104.0 .
- Tech talent crunch in 2020 likely to go up to 200,000The profiles in demand include information security analysts, cloud engineers, network analysts, cybersecurity experts, digital transformat...
- Quess working on a tech service strategyKar said the strategy is still in the works but the end-goal is to accelerate growth, possibly through further acquisitions, to create a Qu...
- Midlife crisis takes on new meaning in IT servicesIndia has about 1.4 million mid-rung employees in the IT sector, who typically have eight to 12 years of experience and earn Rs 12-18 lakh ...
- 36 per cent growth on Q1 profits, margins have also improved: Ajit Isaac, CMD, Quess Corpur EBITDA performance has been even better, there has been an increase of about 60% of our EBITDA, from about Rs 33 crores to about Rs 52.8...
- Quess Corp IPO subscribed 144 times, closedThe company has raised Rs 180 crore from 15 anchor investors. The price band of the IPO has been fixed at Rs 310-317 apiece.
- IPO watch: Quess Corp issue sees good retail demand, subscribed 3.39xThe IPO received bids for 2,40,94,575 shares, which were 1.16 times the total issue size of 70,96,774 shares, data available with the NSE s...
- Quess Corp IPO kicks off, anchor investors lap it upThe company raised Rs 180 crore from 15 anchor investors. It is offering 70,96,774 shares to primary market investors in the price band of ...
- E-commerce companies like Snapdeal, Shopclues lure IT executives with Rs 1.5-3 crore pay packagesIndustry experts, however, rule out a mass migration from the services sector, mainly because of the advanced skillsets in demand at the ne...
- Top performers in IT industry may get up to 25% hike; SMAC, big data skills continue to take centre stage in the sectorNiche skills, domain expertise will rule the roost, with pay hikes for specialised skills expected to be more than double the hike for aver...
- IT sector to create 13% less jobs in FY16, says Nasscom; companies like Infosys, Capgemini, others to hire fewer peopleNasscom estimates the sector to create 30,000 less jobs in fiscal 2016 compared with this year, as new technologies make many roles redunda...
- Short on skills, IT hiring to rise 12%The coming year is expected to be better in terms of hiring for engineering graduates, but the focus going forward will be on skills.
- IT companies open to rebadging bench staff to boost efficiencyRebadging to mainly take place at lower end of technology services and some jobs that may be rendered obsolete such as helpdesk.
- New technology skills take centre stage Smac begin to dominate enterprise and consumer appsSpecific platforms and technologies are commanding a premium, and so are soft skills including the ability to articulate the big picture, r...
- Japan's Outsourcing Inc buys majority stake in Alp ConsultingJapanese staffing firm Outsourcing Inc has bought a majority stake in Bangalore's Alp Consulting to reach the fast- growing Indian employme...
- RGF Executive signs Rs 150-crore deal to buy Stanton Chase India, NuGrid Consulting and Orane ConsultantsIn India, Stanton Chase works on a franchise model where Suresh is a majority owner and the India franchisee pays a licence fee to Stanton ...
- Infosys, TCS, Wipro parcel off work to small companiesOfficials & experts tracking the sector say these cos could sub-contract up to 5% of their work over the next five years.
- Ikya’s Issac buys HR co Magna for Rs100 croreAJIT Isaac, who sold his PeopleOne Consulting to Swiss staffing giant Adecco six years ago, has acquired Hyderabad-based tech staffing firm...
- Stocks to watchThe market is likely to remain rangebound with a negative bias Friday as investors keenly await domestic economic data.
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