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FIFA World Cup workers vow strike before $2,000-a-ticket game between US & ParaguayWorkers at SoFi Stadium in California have voted to strike ahead of the FIFA World Cup opener. Contract talks with the food service provide...
Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correctio...
Time to think of the repair cycle? 8 engineering stocks from India’s capital goods ecosystem with upside potential of up to 26%At a time when the markets are focused on war, crude oil, inflation, and supply disruption, it is easy to miss a quieter shift. India’s eng...
What doing dishes tells about youTackling the chore of washing dishes transcends the mundane; it’s a profound journey of self-discovery. Each plate scrubbed serves as a ref...
TCS bets on AI hiring, partnerships as currency gains lift margins; eyes 360-degree ecosystem playTata Consultancy Services, India's largest IT firm, saw its profits grow slightly. This was helped by favorable currency rates and better o...
Indian Railways tightens contract execution frameworkIndian Railways is implementing reforms to enhance construction quality, including assessing contractor bid capacity for projects over Rs 1...
Subcontracting costs rise 60% in 2 years for top four IT firmsSubcontracting costs incurred by India's top four IT firms have risen nearly 60% in the last two years, fuelled by heightened attrition and...
India- A hub of opportunities for electronic subcontracting in global marketsElectronics manufacturing has become one of the highest-growth sectors, attracting global markets, and making India an unparalleled hub for...
ETtech Explained: The A to Z of IT subcontractingSubcontracting allows IT firms to address client requirements for skill sets that they themselves may not need in the future. It allows com...
Even as subcontracting rates surge, IT cos are putting talent ahead of costsAccording to estimates, subcontracting costs during the fiscal second quarter were up 7-10% from the previous quarter across the IT industr...
IT firms TCS, Infosys, Wipro to reduce subcontractors to control costs“We will be reducing dependency on contractors to some extent to optimize it (cost). Lateral hiring will be done for specific skills in a l...
Subcontractors face the axe as IT rejigs costsTCS, Infosys, Wipro and Mindtree said subcontracting costs are expected to fall in the coming months. On average, subcontracting forms abou...
IT firms like Infosys, Wipro rely on external subcontractors more than ever beforeThe increased expenditure on subcontracting comes at a time when Indian IT firms are attempting to evolve beyond relying on temporary visas...
- Sub-contracting of infrastructure projects to attract a service tax
Outsourcing or sub-contracting of infrastructure projects will attract a service tax, the finance ministry has said, a move likely to raise...
- Infosys, TCS, Wipro parcel off work to small companies
Officials & experts tracking the sector say these cos could sub-contract up to 5% of their work over the next five years.
- Outsourcing facility resumed for EOUs, EPZ, SEZ units
Bowing to exporters’ demands, the government has allowed export oriented units and units located in Special Economic Zones and Export Proce...
- EOUs hit sub-contract roadblock
AT a time when outsourcing has become the global mantra for improving efficiency and cutting costs, the government has tightened the norms ...