IT Slowdown

The Blackstone-backed firm, which skills and trains people online, said that the demand for GenAI courses in India increased 195 per cent year-on-year in the first quarter of 2024

This implies that hiring will be in the slow lane even in the first quarter of FY25

Wipro Q2 results review: The stock took a hit and fell up to 4 per cent intra-day as brokerages lowered earnings estimates and trimmed price targets

The company, which hires and trains people in various skills before supporting their placements, said consolidated net profit fell 0.5% to 264 million rupees ($3.22 million) in the April-June quarter

A Nasscom report indicates that digital core talent has grown faster than IT core talent, as companies undertook skilling initiatives to reorient the workforce.

The report said this year's slowdown in spending won't stretch as far as into 2020, despite concerns over recession and companies cutting on discretionary IT spending

L&T Tech Services, Cyient and Tata Elxsi have exposure to the fast-growing engineering R&D space