It Industry Jobs

Major American tech companies to bear the brunt of H-1B visa fee hike

Data from the US Citizenship and Immigration Services (USCIS) reveals that out of the top 10 beneficiaries of the H-1B programme in 2025, only two are Indian IT services firms and the rest are global

Statsguru: Has TCS's job cut signal set the tone for the IT industry?

TCS employed the highest number of workers in FY25, at 636,833 employees. Infosys hired the distant second-highest number at 348,596 in FY25, followed by Wipro at 235,415

Getting people back to office was among toughest challenges: TCS' Lakkad

Lakkad and Kunnumul talk about talent, technology, transition, and what lies ahead for TCS's 600,000+ workforce

Tata Consultancy Services emerges payout master in India's IT industry

TCS has cumulatively returned about ₹2.06 trillion to shareholders since 2020-21 (FY21), nearly matching its ₹2.07 trillion in net profit over the same period

IT major HCLTech marginally hikes salaries of junior-level employees

HCLTech, which is also set to release its third-quarter earnings on January 13, is projected to lead growth among Tier-I IT firms

Entry-level pay for engineers at Rs 4-12 lakh, best in industry: Cognizant

Facing social media backlash over the Rs 2.52 lakh annual salary offer for freshers, IT giant Cognizant on Sunday said it offers Rs 4-12 lakh salary to fresh engineering graduates, and the salary being quoted on social media is for non-engineering undergraduate degree holders. The firm also faced social media ridicule for doling out annual salary hikes of as low as 1 per cent, but what is being quoted is the lower band of the 1-5 per cent annual increments that the firm has dished out based on individual performance. Cognizant annually hires fresh engineers and non-engineering/IT graduates for varied roles. With the two recruitments running almost parallel, hiring for three-year non-engineering/information technology undergraduate degree holders picked up and was widely shared as Cognizant's salary package for freshers. "Our recent job posting for talent from non-engineering backgrounds, with a 3-year undergraduate degree has been grossly misrepresented. This job posting, with ...

Decoded: Why did Karnataka introduce 70% quota for locals in private jobs

The now paused bill mandated a 50 per cent quota for administrative roles and a 75 per cent quota for non-administrative roles in the private sector for the locals, triggering a massive row

India's tech sector needs 1 mn high-tech engineers as economy expands

India's $250 billion tech sector plays an important role in the economy, employing about 5.4 million people

TCS' outlook improving after 2 years of recessionary fears: Chandrasekaran

GenAI will we have impact 'not previously seen or imagined', says IT company's chairman

IT giants Cognizant and Capgemini hired 150,000 fewer employees in 2023

Cognizant and Capgemini collectively employ around 400,000 people in India

To cut costs, Indian tech companies expanding into smaller cities

The change also comes as state governments offer stamp duty concessions, land benefits, subsidised power and other incentives to bring jobs to smaller cities

Tech industry growth projected to halve to 3.8% in FY24 compared to FY23

Industry expected to generate additional $9.3 billion in revenue, spanning across IT services, business process management engineering services: Nasscom

Cognizant defers annual salary hikes to Aug 1, says 'recognises hard work'

Nasdaq-listed information technology company employs some 250,000 people in India

40% campus hires in 2023 were women; IT attracts highest participation

HirePro report reveals 5% surge in female participation in campus hiring, with south India leading the trend

90% of Indian biz leaders planning to invest more in AI, Gen AI: Capgemini

Capgemini's survey included business leaders from 2,000 organisations in 15 countries across sectors such as automotive, consumer products, banking, capital markets, life sciences, etc

Non-compete clause for IT freshers in India unenforceable: Experts

Experts have stated that non-compete obligations are valid only during employment and cannot hinder an employee from joining a competitor post-employment

Rajasthan CM to resolve problems of industry and boost job creation

The government also assured them that their problems would be resolved as soon as possible to make Rajasthan a developed state

Proportion of new deal wins into revenues intact, says TCS official

The proportion of new deal wins into revenues is "intact", a senior official at largest IT services company TCS has said, attributing the sluggish revenue growth to the adverse impact on discretionary demand because of economic headwinds. Stating that discretionary demand can contribute as much as 30 per cent of incremental revenues in a quarter, the company's chief operating officer N Ganapathy Subramniam told PTI that the September quarter results were impacted due to this aspect. Clients are choosing to conserve cash given the economic climate and choosing to defer spends where they do not see immediate returns on investments, which has impacted the discretionary demand, he said. He, however, said that the proportion of revenue it bags from new deals has not been affected. The company has reported signings of over USD 10 billion for three consecutive quarters. "TCV (total contract value) to revenue conversion rate is intact," Subramaniam said, explaining that there are a slew of

IT industry hiring weakens on global macro woes, slow discretionary spends

Weak global cues and a cut in discretionary spending by clients are expected to sharply reduce campus intake by the Indian IT industry this year with market watchers saying that Infosys and HCL Tech's subdued take on hiring signals a tough road ahead for freshers in the near term. In the opening week of Q2 earnings season, IT biggies TCS, Infosys and HCL Technologies reported a sequential drop in employee tally - a staggering 15,800 on a cumulative basis. The Q2 scorecard of tech heavyweights fell short of expectations as global growth skid on elevated levels of inflation and interest rates, reduced investment, and geopolitical shocks, exacerbating worries. Tech companies say that clients continue to defer newer, non-critical initiatives, choosing to focus on optimisation. While global voices concede that there are no signs of bottoming out just yet, JP Morgan's Jamie Dimon has warned that the world is facing the 'most dangerous time in decades'. Meanwhile, Infosys's headcount fell

TCS ends pandemic practice, asks all employees to work from offices

Largest IT services company TCS on Wednesday announced that it has asked its 6.14 lakh-plus employees to work from offices, ending the practice of remote working that started due to the pandemic. The company -- the first major IT services firms to announce such a move -- has asked its workforce to return to offices because of the need to deepen the value systems and a belief in productivity gains coming from co-working, TCS Chief Human Resources Officer Milind Lakkad told reporters. "We strongly believe that they need to come to work so that the new workforce gets integrated with the larger workforce of TCS. And that is the only way they will learn and understand and internalise the TCS values and the TCS way. So yes, we are asking people to come all days in a week," Lakkad said. He added that in the last three years, it has hired a large number of people and hence, it is essential to instil the same values in all employees. When asked if the company has scrapped its '25 by 25' ...