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IT sector News
Why FPIs Selling In IT Stocks? How Much Has FPI's Investment In IT Sector Decreased?
Tue, Jan 10, 2023
Why FPIs selling in IT stocks? How much selling of FPIs in IT stocks? How much has FPI's investment in IT sector decreased? How IT stocks performed in 2022? Know from Arman Nahar.
Editor's Take: Q3 Results Of TCS Review? Should Buy TCS After Results? Right Time To Buy IT Stocks?
Tue, Jan 10, 2023
How were the TCS Q3 results? Why not to take direction for IT sector from TCS this time? What to do in TCS after results? When to decide the outlook on IT sector? When is the right time to buy IT stocks? Know the analysis of TCS results from Anil Singhvi.
Infosys, HCL Tech top culprits as IT pack engineers fall in Sensex, Nifty
Fri, Dec 09, 2022
HCL Technologies shares were down nearly 7 per cent on the NSE and were trading at Rs 1,025.95 around 12:35 pm while Infosys was the other biggest loser among the heavyweights. The stock was down 2.8 per cent and was trading at Rs 1,574.85.
Cisco lay offs: Networking giant to fire over 4,000 employees in a 'rebalancing' move
Sat, Nov 19, 2022
Joining the Big Tech layoff season, networking giant Cisco is reportedly laying off over 4,000 employees, or about 5 per cent of its workforce, in a "rebalancing" act while "rightsizing certain businesses".
Wipro to set up European Works Council for employees
Thu, Nov 17, 2022
The creation of an EWC follows a request by employees under an EU directive establishing the opportunity in companies with more than 1,000 employees across multiple European locations.
IT startup Contentstack raises $80 million in funding round co-led by Georgian, Insight Partners
Wed, Nov 16, 2022
US-headquartered Contentstack said that it will use the funds to continue to build a feature-rich content management systems (CMS) product and for hiring talents in India.
Aapki Khabar Aapka Fayda: Why It Sectors Is Facing Huge Layoffs? Is This Fear Of Recession? Watch This Special Report
Tue, Nov 08, 2022
Recently, Twitter fired more than 90% of its employees in India. At the same time, Meta is planning to begin layoffs that will affect thousands of workers from this week. A few months ago, the Unacademy fired 600 people in April. This year Byju's fired 5000 people. Vedanta fired 724 employees so far. According to reports, hundreds of freshers who have received offers from tech giants have seen their offer letters getting canceled after a delay of around 3-4 months in the onboarding process. Why IT sectors is facing huge layoffs? Is this fear of recession? Watch this special report of Aapki Khabar Aapka Fayda.
IT Sector May Get Good News Very Soon As 2 Buybacks In A Year Have Been Proposed
Thu, Nov 03, 2022
There is good news for the investors of IT stocks. The discussion paper can be brought soon after the BuyBack regulation is changed. Buyback exemption has been offered twice in a year. Know how this will affect retail investors and how they will benefit.
Hiring in India IT sector slows down 18% in October
Tue, Nov 01, 2022
The insurance sector in India continued to witness phenomenal growth due to an increase in demand for professionals across experience bands. The sector registered a significant growth of 93 per cent (year-on-year).
Political stability in UK may give impetus to India-Britain trade pact talks: Experts
Wed, Oct 26, 2022
Sunak, 42, on Monday won the race to lead the Conservative Party and is now set to become Britain's first prime minister of Indian origin.
HCL Tech attrition rate at 23.8% in September quarter; company adds 8,359 employees
Wed, Oct 12, 2022
The LTM (Last Twelve Months) attrition stood at 23.8 per cent (voluntary) in IT services, the company said. The third largest Indian IT company by way of market capitalisation added 10,339 freshers
Infosys, TCS, HCL, Wipro likely to post muted performance--Check Target Price Here
Thu, Oct 06, 2022
India's largest software services provider Tata Consultancy Services is set to announce its July-September quarter results on October 10, kicking off the Q2 earnings season for the IT sector.
Moonlighting row: Days when employees signed up with tech majors and spent lives on jobs are long gone, says Rajeev Chandrasekhar
Sat, Sep 24, 2022
The days when employees signed up with big tech majors and spent their lives on the job are long gone, Minister of State for Electronics and IT and Skill Development, Rajeev Chandrasekhar said on Friday, weighing in on the issue of moonlighting.
Goldman Sachs lowers target price on Infosys—Check Here Why
Thu, Sep 15, 2022
Global brokerage house Goldman Sachs downgraded Infosys fearing a sharp cut in dollar revenue growth would slow down the IT sector.
BULL Vs BEAR: Who Is Stronger In The Battle Of Bulls And Bears On The IT Sector?
Wed, Sep 14, 2022
Why will the IT sector be in the grip of recession? Is there a better growth expected in the IT sector in the future? Who is stronger in the battle of bulls and bears on IT? Know from Kushal Gupta and Varun Dubey.
India's job market outlook strong for Q3; 54% companies plan to hire: Survey
Tue, Sep 13, 2022
The survey is based on interviews with more than 40,600 public and private employers across 41 countries and territories to measure anticipated employment trends each quarter.
India hiring not impacted by high global inflation, new jobs up 29%
Fri, Aug 26, 2022
IT/ITeS continued to lead all sectors, with 91 per cent of the employers in the sector hiring during the quarter (83 per cent in the previous quarter).
Brokerages maintain opposite stance on TCS, Infosys and HCL Tech—Check Target Price Here
Wed, Aug 24, 2022
Global brokerage houses were divided on the sector, and sees different targets for three major IT companies—TCS, Infosys and HCL Tech.
Bull Vs Bear On IT Sector: Who Is Stronger In The Battle Of Bulls And Bears In IT Sector?
Wed, Aug 24, 2022
Who is stronger in the battle of bulls and bears in IT Sector? Know from Kushal Gupta and Varun Dubey.
IT stocks under pressure slips; JP Morgan downgrades Infosys, Tech Mahindra among others
Tue, Aug 23, 2022
The Information Technology sector has been dragging the market on Aug 23 amid reports of IT companies resorting to variable payout cuts.