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LTIMINDTREE ONBOARDING
Tech majors keep count up despite one outlierIndia’s top IT firms added just under 1,000 jobs in Q2FY26, a sharp slowdown driven by TCS’s major headcount cut. While TCS shed nearly 20,...
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...
Eye on AI, tech companies rejig top deck, plan structural overhaulIndia’s IT services sector is undergoing leadership and structural changes due to AI’s rising influence and a tough business environment. S...
Top IT firms boost fresher hiring targets on signs of demand revivalThe $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...
The Long Wait: As IT firms delay onboarding, fresh graduates face financial uncertaintiesMany of India’s top IT firms have delayed onboarding of freshers for more than two years. Those fresh graduates waiting with offer letters ...
IT union seeks probe on DXC Technology's 4,800 campus onboarding delaysData from the IT employee union NITES showed that India’s leading IT firms including Tata Consultancy Services (TCS), Infosys, Wipro and LT...
What's stopping TCS from filling 80,000 open positions?TCS is facing a challenge with 80,000 open positions due to a skills gap. Amar Shetye, global operations head of TCS's RMG, highlighted the...
Trouble for techies: Wipro, Infosys and other IT cos delay onboarding of 10,000 freshers, refuse to provide joining dateTech giants are experiencing a significant decrease in hiring, with companies like Infosys and Wipro postponing the onboarding of new recru...
Stocks in news: Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank, Axis Bank, HUL, Kotak BankShares of Bajaj Finance, Nestle, Tech Mahindra and IndusInd Bank will be in focus as the companies will announce their quarterly results la...
LTIMindtree Q4 profit falls 1.2%, revenue edges upIT services company LTIMindtree reported a consolidated net profit of Rs 1,100 crore for the March quarter, down 1% year-on-year (YoY). The...
Chryscapital-backed Xoriant hires LTIMindtree's Mukund Rao to lead global marketsBased in the US, Rao was the chief business officer of the banking, financial services and insurance (BFSI) vertical at LTIMindtree (with M...
LTIMindtree Q2 results: Net profit down 2% on hikes, muted growthRevenue came in at Rs 8,905.4 crore, up 8.2% year on year, which beat estimates. The company created from the merger of erstwhile Larsen an...
TCS, Infosys, Wipro, others are steering the drive to bridge IT's gender gapThe share of women employees across the top five IT companies stood at 34.1% at the end of the first quarter of 2023-24, up from 31.7% as o...
LTIMindtree CEO Debashis Chatterjee says deal delays consistent across all business sectorsIndia’s sixth largest IT firm said it was witnessing delayed decision making and hiring freeze from clients’ side despite a “robust” deal p...
Stocks in news: D-Mart, HDFC Bank, LTIMindtree, Angel One, JSW Energy, ConcorShares of HDFC Bank, LTIMindtree, and Tata Elxsi will be in focus today as the companies will announce their first quarter results.
LTIMindtree Q4 profit flat at Rs 1,114 crore; revenue jumps 22% YoYNet profit for the three months ended March was Rs 1,114.1 crore, compared with an estimated Rs 1,110 crore a year ago.
LTIMindtree issues clarification to placement heads amid mandatory training rowOver the last week, LTIMindtree had made its IGNITE training programme and assessment tests mandatory for select freshers, mainly those awa...
Labour union condemns LTIMindtree making training course, tests mandatory for select freshers awaiting onboardingPune-based IT union Nascent Information Technology Employees Senate (NITES) issued a statement condemning the action by LTIMindtree calling...
IT campus offers hit a slow lane, down by about a third from last yearMacro issues such as high inflation as well as turmoil in the financial services sector in the US and Europe have made the demand outlook c...
Job openings rise in tier-2 locations, dry up in top cities: StudyActive job postings - or job opening advertisements by companies - in nine mega cities decreased 16% year on year in January while they inc...