Page 15 - It Services
Mindtree starts return programme for techies on minimum two-year break
The programme is open to all professionals looking to return to the workforce, the majority of them are expected to be women.
 "Mindtree starts return programme for techies on minimum two-year break")
Nagarro to expand global workforce by 4,500 in coming months
In a statement, the company announced that the size of its workforce has crossed the 15,000 mark
 "Nagarro to expand global workforce by 4,500 in coming months")
Indian IT sector not impacted by Russia-Ukraine war; in wait-and-watch mode
Analysts say no direct presence in Ukraine; per 60% of the sector's business comes from US, another big chunk from UK, Germany and France
Tech Mahindra enters metaverse with TechMVerse launch, eyes 1,200 clients
TechMVerse will be a separate unit that will have a horizontal play within the company and leverage all the services lines and technology segments that the company has presence in
 "Tech Mahindra enters metaverse with TechMVerse launch, eyes 1,200 clients")
Cyber threat a national security matter, defence should tap IT strength: PM
PM Modi stated that cyber security has become a matter of national security.
 "Cyber threat a national security matter, defence should tap IT strength: PM")
TCS tweaks leadership, Suresh Muthuswami made chairman, North America
Surya Kant, who has been at the helm of TCS North America and has spent 43 years at TCS, retires at the end of the fiscal year
 "TCS tweaks leadership, Suresh Muthuswami made chairman, North America")
Icertis's Monish Darda on opportunities, valuation and more
In an interaction with Business Standard's Surajeet Das Gupta, Icertis co-founder Monish Darda tells more about his plans for the SaaS start-up and challenges posed by software bigwigs. Listen in
 "Icertis's Monish Darda on opportunities, valuation and more")
Capgemini views India as more than a delivery centre: Group CEO Aiman Ezzat
The company is increasing the number of centres of excellence in the country this year. Many of these will now focus on technologies like IoT, smart factory, intelligent supply chain
 "Capgemini views India as more than a delivery centre: Group CEO Aiman Ezzat")
Indian IT revenues grow fastest in a decade to $227 bn in pandemic-hit FY22
Nasscom, which has ceased to give a growth projection for the future, said that a chief executives' survey pointed to another growth year.
 "Indian IT revenues grow fastest in a decade to $227 bn in pandemic-hit FY22")
TCS launches Clever Energy and two other sustainability solutions
TCS Clever Energy platform leverages IoT, AI, machine learning and cloud to help organizations understand intricate energy performance factors
 "TCS launches Clever Energy and two other sustainability solutions")
TCS to expand ops in New Jersey, hire 1K additional employees by 2023-end
TCS' Edison Business Center, one of 30 TCS facilities in the US, serves more than 100 customers in New Jersey.
Cognizant Q4 results mark its return to double digit annual revenue growth
Cognizant also guided that for FY2022 it expects revenue growth to be in the range of 8.5 per cent to 11.5 per cent, which means revenue outlook of $20 billion to $20.5 billion.
 "Cognizant Q4 results mark its return to double digit annual revenue growth")
Cognizant to hire 50,000 freshers in CY22; highest ever for the company
The company ended the year with a total headcount of 330,600, up 14 per cent year-on-year.
 "Cognizant to hire 50,000 freshers in CY22; highest ever for the company")
M&A to strengthen as IT services players try and differentiate: Study
Nasscom-EY study says overall deal activity may be at record levels over past few quarters after huge drop in Q2FY20. Deal volume and value of $297 bn in 2021 much higher than 2020 level
 "M&A to strengthen as IT services players try and differentiate: Study")
Gender parity bid: 45% of Accenture workers are women in India
The IT services giant is working in key segments in the country such as retail, telecom, energy, auto, banking, and so on
 "Gender parity bid: 45% of Accenture workers are women in India")
TCS world's second most valuable IT brand, Infosys fastest growing: Report
Indian IT firms outpace US competitors in Brand Finance IT services ranking
 "TCS world's second most valuable IT brand, Infosys fastest growing: Report")
Persistent Systems net profit rises 45.9% at Rs 176.4 crore in Q3
The company also announced the appointment of Avani Davda to Persistent's Board of Directors and continued to add executives to its leadership team
 "Persistent Systems net profit rises 45.9% at Rs 176.4 crore in Q3")
TCS title sponsor of Toronto Waterfront Marathon and Virtual Race till 2026
TCS and CRS aim to modernise marathon running in Canada with a new race app that will offer a unique calculator to enable runners to track and offset their environmental impact
Tata Consultancy Services fresher hiring may touch 100,000 in FY22
Analysts tracking the company said the company's lateral hiring too would be higher than in the last few quarters
Fresher hiring at HCL Technologies to touch 20,000-22,000 this fiscal
HCL Technologies Chief Human Resources Officer Apparao V V said the company has already added 17,500 freshers as of January 10
 "Fresher hiring at HCL Technologies to touch 20,000-22,000 this fiscal")