Page 17 - Avik Das

HCLTech to roll out employee pay hikes from October amid strong growth

The IT firm will integrate quarterly variable pay with fixed pay from October, mainly benefiting junior staff, while attrition falls and fresher hiring gains pace

SoftBank-backed Graphcore to invest £1 bn in India, open AI chip hub

The company, owned by Japan's SoftBank, will also create 500 new semiconductor jobs

TCS headcount drops to less than 600k due to restructuring and layoffs

This is the first time in many years that India's largest IT service provider had such a steep drop in headcount and comes after it announced laying off about 12,260 employees in July

India will be the factory of the future, says Dassault Systemes CEO

Pascal Daloz says India's innovation, digital capabilities, and engineering talent will make it central to the global AI-driven industrial transformation

Physical AI to be game changer for manufacturers: Sreenivasa Chakravarti

Physical AI is expected to be the next frontier which will change manufacturing enterprises

Q2 results preview: Global headwinds likely to show in IT firms' earnings

While the first few months of the financial year saw no notable deterioration, as called out by the companies in July

British lender NatWest likely to hire in India for language model team

British bank to grow AI, biometrics, and financial crime research teams in India

Dell Technologies looks beyond computers to focus on AI servers, software

Dell bets on AI-optimised servers and its AI Factory to drive enterprise adoption in India, with Zoho among key customers using its stack for large-scale AI workloads

Accenture's muted guidance throws light on challenges for Indian IT sector

Accenture's 2-5 per cent growth guidance despite strong bookings highlights subdued IT demand, hitting Indian IT stocks already under pressure from tariffs and visa fees

Public transport not allowed on Wipro campus: Chairman Azim Premji

Azim Premji has declined Karnataka govt's request to allow vehicles through Wipro's Sarjapur campus, citing legal, governance and SEZ compliance issues in traffic plans

H-1B visa: Techies in Cupertino, San Francisco earn the highest wages

New USCIS rule aims to prioritize high-skilled, high-paid workers in H-1B visa lottery

US govt set to favour high-paid workers in H-1B visa process overhaul

Trump administration proposes weighted H-1B visa selection, replacing lottery with wage-based tiers; move could hit Indian IT firms while favoring high-skilled, high-paid roles in US tech

Trump's H-1B visa shock: IT deals likely to be revised after new rules

Experts say that such prohibitive costs may force IT services companies to keep their prospective visa employees in India

Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit

New US visa fee piles pressure on Indian IT firms, threatening margins and accelerating shift to GCCs, automation, and local hiring

H-1B fee hike a wake-up call for GCCs to move up the value chain

Experts say the US visa fee hike will push firms to expand global capability centres in India, but warn GCCs must move beyond delivery roles to create greater value

Explained: Impact of H-1B crackdown, role of other visa categories

Indian IT companies, heavy users of H-1B and L-1 visas, face fresh scrutiny as US policy tightens, raising questions on talent mobility and onsite project costs

Nasscom says US' new H-1B visa policy to impact Indian engineers, IT cos

It said that a one-day deadline to implement the order was concerning as it creates considerable uncertainty for businesses, professionals, and students across the world

India to play key role in EY's push for proprietary AI language models

EY will leverage its global delivery unit in India, home to most of its tech staff, to lead development of proprietary language models for tax, audit and accounting services

BlackBuck to ditch Bengaluru's tech corridor over crumbling roads

Poor roads, traffic snarls and metro delays fuel frustration among tech firms and citizens

ER&D sector could nearly double to $100 billion in 5 years: Nasscom

Kishor Patil of Nasscom's ER&D Council said India's engineering R&D sector could grow from $56 bn to $100 bn in five years, led by auto, aerospace, semiconductors and GenAI adoption