India's It Sector

Trump reciprocal tariff: Which Indian sectors will be impacted from April 2

From auto to tech: What sectors will be most impacted by Trump reciprocal tariffs that will go into effect on April 2

Digital sovereignty: India's first indigenous browsers make an appearance

Three teams out of 58 entrants took top honours in the Indian Web Browser Development Challenge, with Ashwini Vaishnaw announcing the winners on Thursday

Higher level of job stress among youth in IT, media sectors: Study

Young employees working in IT sector (84.3 percent) and media (83.5 percent) are experiencing higher levels of work stress in Kerala, according to a survey conducted by the state Youth Commission. Kerala Youth Commission chairman M Shajar presented the survey report to Chief Minister Pinarayi Vijayan on Thursday in the presence of state Minister for Fisheries, Culture and Youth Affairs Saji Cheriyan. According to the survey, about 80.6 per cent employees from banking and insurance sector and 75.5 percent from gig economy have also reported work stress. Employees working in retail and industrial sector related comparatively lower level of work stress, said the report prepared based on a survey conducted among employees in the age group of 18-40 years. As many as 1,548 employees from five sectors-- IT, gig economy, media, retail/industrial, and banking/insurance participated in the survey. The study showed that highest level of work stress among the respondents in the age group 30-3

Nifty IT soars 2% amid positive US job data, rebound in global markets

The rally in IT stocks came on the heels of a major drop in US jobless claims, which fell to 233,000 for the week ending August 3-the largest decline in nearly a year.

Persistent up 2% on deal with Google Cloud to drive innovative solutions

The uptick in share price came after the IT major announced that it has entered into a long-term strategic partnership agreement with Google Cloud, to drive innovative solutions

IT job market rebounding? Tech firms viewing more CVs now, says Info Edge

This upturn in IT job postings is seen as a positive development for the $250 billion sector, which recently experienced a significant decline in headcount

Cyient Q4 results: Net profit rise 15.9% at Rs 189 crore, revenue up 6.3%

The company's digital, engineering and technology segment accounted for 80% of its overall revenue

Ramco Systems zooms 20% on signing deal with Korean Air

The company has entered into an agreement with South Korea's largest airline, to implement its flagship aviation software, Ramco Aviation Suite at the airline's Engine Maintenance Center.

IT shares sink as Accenture cuts guidance; TCS, Infosys and HCLTech fall

FY25 outlook muted for the sector, say analysts

Deloitte pegs average corporate salary increment in India at 9% in 2024

Companies are likely to offer double-digit increments to junior management

Infosys, TCS rally up to 7% post Q3 results; brokerages remain optimistic

The silver lining of the performances of these companies during the quarter was the total contract value (TCV) signed, which continued to show a healthy momentum.

For salary hikes, IT firms now considering tenure along with performance

The IT majors are making changes in their pay increment structure to maintain margins at a time when the sector is going through a tough time globally

IT hiring easier than last year; founders hopeful of resumption in funding

Even as the technology sector witnessed a decline in funding across the globe, founders are hopeful that a 'warmer funding season' is on its way in 2024

AI to Cloud: With eye on the future, smart office boom grows louder

Smart office buildings, which incorporate features such as smart desks, motion sensors, and indoor digital maps, may grow up to 30% in five years

Infosys to begin fresh appraisal cycle; last year hikes still pending

Citing macroeconomic conditions, many IT companies have opted to hand out small increment or defer salary hikes this year

Net profit of manufacturing and IT sector moderates in 2022-23, shows data

The net profit margin of the manufacturing sector declined to 8.7 percent in 2022-23, against 10.6 percent in 2021-22

Tech employees most satisfied with their jobs, least likely to switch

This may be associated with their compensation and other benefits that the technology sector offers

Upto 60% jump in IT employees taking courses to avoid a possible layoff

With AI and machine learning dominating the discussion in the space, many employees are taking these courses in order to stay ahead of the curve and maintain their relevance

Germany plans for easy visa application for IT workers from India

German Chancellor Olaf Scholz said on Sunday that his government wants to make it easier for information technology experts from India to obtain work visas in Germany as the country struggles with a shortage of skilled labour. Scholz said improving the legal framework so Germany becomes more attractive for software developers and those with IT development skills is a priority for his government this year. "We want to make the issuing of visas easier," he told reporters during a visit to India's high-tech hub of Bengaluru. "Aside from the legal modernisation we want to modernise the entire bureaucratic process as well, Scholz said. Asked about workers who don't speak the language when they come to Germany, he said it should not be seen as a hurdle if people arrive in the country speaking English first and then acquire German later on. Scholz was speaking on the second day of his trip to India, after meeting Saturday with Prime Minister Narendra Modi to discuss the fallout from the

Near-term headwinds likely to keep staffing solution companies muted

But valuations have turned attractive after sharp corrections since January