Demand slowdown to weigh on IT services firms’ Q1 show
Industry analysts and brokerages have forecast revenues of most companies to either stay flat or decline in the first quarter of FY24. In a note to…
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Browsing Tag
IT services
Infosys to give an average of 60% of variable: Read letter to employees – Times of India
Infosys has reportedly given an average of 60% variable pay for the fourth quarter of the fiscal year 2022-23. According to a report in Economic Times (ET), India’s second-largest IT…
Tough choice of IT freshers: tech-segment job with uncertainties, or one in non-tech with trade-offs
SynopsisFresher hiring may be cyclical in IT services, but that is of little comfort to those at the bottom of the cycle. Freshers are often told to upskill to apply for jobs, but courses…
IT firms may revise guidance upward in second half of FY24
Most industry experts and analysts expected large-cap IT service providers to report drops in revenue growth, driven mostly by the banking, financial services and insurance (BFSI)…
IT firms plan generative AI investments
Tata Consultancy Services (TCS), the country’s top IT exporter, said at its FY23 earnings press conference that it has seen a steep rise in interest among clients in generative…
India IT services biz set to sink to three-year lows in March qtr
Tata Consultancy Services (TCS) and Infosys, the top two IT services firms, are slated to report March quarter earnings this week. This would be followed by HCLTech, Wipro, Tech…