Page 18 - It Companies
Hybrid or WFO, rising coronavirus cases haven't disturbed India Inc
Alert to Covid situation, companies across sectors are continuing with existing work models for now
 "Hybrid or WFO, rising coronavirus cases haven't disturbed India Inc")
Is the time ripe for consolidation among new-age technology companies?
A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months
 "Is the time ripe for consolidation among new-age technology companies?")
Cloud, security to be priority even if recession hits US: Morgan Stanley
The report suggests limited near-term impact for Indian IT services players, but commentary on FY24 will be crucial
 "Cloud, security to be priority even if recession hits US: Morgan Stanley")
Infosys selected to manage technology separation from Toll Holdings
"Global Express appoints Infosys to manage technology separation from Toll Holdings," the Bengaluru-headquartered IT services major said in a statement
 "Infosys selected to manage technology separation from Toll Holdings")
Strong order book, high attrition: What Accenture's Q3 means for Indian IT
Accenture Q3 results: Strong outlook and robust bookings reflect the secular nature of demand for IT services in the near-term, though medium-term risks persist, said analysts
 "Strong order book, high attrition: What Accenture's Q3 means for Indian IT")
LTI's net headcount set to go up this year, sees no decline in demand
LTI closed FY22 with a total headcount of 46,648 and the addition in the last financial year was more than what it had seen in the previous two years
 "LTI's net headcount set to go up this year, sees no decline in demand")
TCS, HDFC Bank, Infy and LIC among Kantar's global 100 most valuable firms
Infosys made its debut to the list at 64th position at a brand value of $33,551 billion, up 33 per cent
 "TCS, HDFC Bank, Infy and LIC among Kantar's global 100 most valuable firms")
Wage cost inflation may moderate IT players' profit margins by 1.5%
The shrinking will be over and above the narrowing of up to 3.50 per cent on the operating profit margin front for most IT companies in FY22
 "Wage cost inflation may moderate IT players' profit margins by 1.5%")
TCS sees fall in staff attrition, robust demand for IT services: Top exec
More tech talent is expected to enter the job market from startups facing funding crunches, as central banks withdraw stimulus and hike rates: Girish Ramachandran
 "TCS sees fall in staff attrition, robust demand for IT services: Top exec")
KPIT Technologies announces acquisition of UK-based SOMIT Solutions
STRAP: The total value of the acquisition will be around GBP 7.68 million (around Rs 75 crore)
Infosys reappoints Salil Parekh as CEO and MD for the next 5 years
Parekh, the CEO & MD of Infosys since January 2018, has successfully led Infosys in the last 4 years
 "Infosys reappoints Salil Parekh as CEO and MD for the next 5 years")
ATM player CMS Info Systems' Q4 net rises 14% to Rs 64 cr in March quarter
The revenues of CMS info Systems rose by 22 per cent to Rs 1,589.7 crore in FY22 from Rs 1,306 crore in FY21
 "ATM player CMS Info Systems' Q4 net rises 14% to Rs 64 cr in March quarter")
Second innovation hub in US to strengthen TCS lead position in market
Firm hires over 7,000 in the US in FY22; numbers may go up in FY23
 "Second innovation hub in US to strengthen TCS lead position in market")
Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore
IT company Cyient on Thursday said it will acquire Singapore-based Grit Consulting for $37 million in an all-cash deal.
 "Cyient to acquire Singapore-based Grit Consulting for Rs 284 crore")
IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr
Cyient said that it will be the largest outbound acquisition by an Indian engineering services company and even the company's largest acquisition to date
 "IT company Cyient to acquire Finland-based Citec for nearly Rs 800 cr")
Despite good prospects, valuations concerns may cap upside in L&T Infotech
L&T Infotech's new deal wins and pipeline indicates strong demand environment.
 "Despite good prospects, valuations concerns may cap upside in L&T Infotech")
NITES files complaint against Infosys over employment clause for staffers
NITES has raised a complaint against IT giant Infosys with the Centre over the contract guidelines for restricting former employees from working with competitor
 "NITES files complaint against Infosys over employment clause for staffers")
Market outlook: What will dictate market trend this week?
The Q4 numbers and rising bond yields kept market sentiments subdued last week. Analysts expect the upcoming trading sessions to be volatile for equities as well because of global headwinds
 "Market outlook: What will dictate market trend this week?")
TMS Ep152: IT skills, Elon Musk and Twitter, Markets, Iron Beam
Which IT skills can land lucrative job offers? Will Twitter purchase add to Elon Musk's India troubles? What will dictate market trends this week? What's Iron Beam air-defence system? All answers here
 "TMS Ep152: IT skills, Elon Musk and Twitter, Markets, Iron Beam")
Which IT skills are likely to land you lucrative job offers?
People with skills in AI, cloud etc have been quitting jobs since 2021, giving employers a tough time. Take a look at the skills that are in demand amid the competition between IT firms and start-ups
 "Which IT skills are likely to land you lucrative job offers?")