Page 23 - It Companies

Oracle, Intuit veteran Sanket Atal joins Salesforce as India MD

India is home to the second-highest Salesforce workforce outside of the US.

Tata Consultancy Services to recruit 1,500 tech staff in UK next year

India's largest software services firm Tata Consultancy Services (TCS) on Wednesday said it will recruit 1,500 technology employees across the UK over the next year

HCL Tech's one-time Rs 700 cr bonus for staff on crossing $10 bn revenue

Applies to employees who have spent a year with HCL; a large number of visas unused due to Covid

Indian independent software vendors fast moving to Oracle Cloud

A large number of Indian independent software vendors (ISVs) are choosing to run their business critical applications on Oracle Cloud Infrastructure (OCI) to improve application performance

HCL Tech announces one-time special bonus worth Rs 650 cr for employees

Th company had crossed the $10 billion mark in calendar year 2020, delivering a year-on-year growth of 3.6%

Spike in localised hiring, travel curbs may prune visa demand in top IT cos

TCS, Infosys ramp up onshore hiring; Infosys committed to hire 25,000 over 5 yrs

Nasscom hails ten-month delay in implementing Trump's H-1B allotment rule

Dept of Homeland Security will now push date of the rule March 9 to December 31, will review it as a whole for potential changes or for rescinding it

Deal wins, digital demand put IT companies back on growth track

Margins too surprised positively on higher offshoring and utilisation

IT companies revenues to grow up to 9% in FY22 on tech demand: Icra

Demand for digital technologies and resumption of normal economic activities will drive sales for IT companies, and the sector will post a revenue growth of up to 9 per cent in 2021-22, a report said

We're seeing heavy momentum in IT spend by clients: Wipro's Jatin Dalal

In a Q&A, the President & CFO of the IT behemoth says over 90% of employees will continue to work from home at least till April

Infosys posts 16.6% net profit growth in Dec quarter, revises FY21 guidance

Large deals, digital growth drives outperformance

Capgemini appoints Olivier Sevillia as group COO effective January 1

Sevillia has been with the firm for the past 30 years, and was CEO of its Europe strategic business unit before assuming the new role

TCS begins Q3 results season with a bang; net profit up 7.2% to Rs 8,701 cr

Firm signals return to double-digit growth next year

IT companies well positioned for strong Q3 growth on healthy deal momentum

Deal ramp-up, healthy pipeline and cost tailwinds to offset seasonally weak quarter

Indian IT firms to take a hit as Trump extends H-1B visa, green card freeze

The freeze on various categories of work visas was ordered by Trump through two proclamations on April 22 and June 22 last year.

IT sector's return to office will be gradual, not 100% in 2021

Information technology companies' return to office in 2021 will be gradual with no perceptible change by end of March

Top headlines: Coronaviurs vaccine, IDBI Bank stake sale, and more

Here are the top business headlines on Friday

IT sector likely to get a booster shot as firms plan to spend more

IT spending is expected to get a further boost as a majority of the clients would reprioritise spending to strengthen digital capabilities

IT services firms ramp up capability to protect clients from cyber threat

Major Indian firms open cyber threat management centres in US, Europe

IT company Persistent Systems to acquire Palo Alto-based Capiot

IT firm Persistent Systems on Thursday said it will acquire Palo Alto-based Capiot.