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Several IT services companies defer...

BENGALURU: Indian IT employees have had...

IT companies strike it rich...

BENGALURU: After a hiatus, there's now...

Several IT services companies defer salary increments

BENGALURU: Indian IT employees have had a mixed bag with increments this time around, reflecting the softer business environment. Infosys and HCLTech have not rolled out hikes yet. Infosys normally announces the hike in June/July, and it's effective from April. HCLTech is skipping increments for mid to senior employees this fiscal and has deferred hikes to junior employees by a quarter. Wipro has committed to giving a salary increase, but the same would be announced sometime in the third quarter (October-December), as against September last year. Tech Mahindra...

Several IT services...

BENGALURU: Indian IT employees have had a mixed bag with increments this time around, reflecting the softer business environment. Infosys and HCLTech have...

IT companies strike...

BENGALURU: After a hiatus, there's now a rise in multi-billion dollar deals in IT services. These involve both asset and people takeovers from...

Financials, consumer stocks...

BENGALURU: Indian shares slid on Friday, extending losses for the third week in a row, dragged by financials and consumer stocks.On Friday, the...