Srini Pallia Starts His Tenure As CEO And MD Of Wipro
One of India’s biggest technology services and consultancy companies, Wipro, announced on 6 April 2024 that they had appointed Srini Pallia as the new CEO and MD of the company. Srini Pallai will replace Thierry Delaporte, who worked as the CEO of the company for the last 4 years and is now leaving to pursue…
Chandan Kumar
TCS To Hire More Than 35,000 Freshers This Year
India’s Leading IT company, TCS’ COO has stated that the company will continue with its trend of hiring young talent in the company. He also said that the company is looking to recruit 40,000 freshers approximately. He added that there are no plans for laying off employees. This decision comes as a surprise as many…
Indian IT Braces for Slowing Growth and Challenging Hiring Prospects
In a recent report, domestic rating agency Icra has projected a further deceleration in the revenue growth of Indian IT companies, which are already grappling with headwinds in the industry. The nearly USD 250 billion sector is expected to witness a slowdown to mid-single digits, placing significant pressure on the sector’s stability and prospects. The…
Yash Sharma
Public Sector Banks Prepare Reports On Financial Risks
The government directed the state-owned banks to increase vigilance to the predominant financial stress in the west. Finance Minister Nirmala Sitharaman advised the banks to identify the stress points and adverse exposures. The public sector banks are to prepare an explanatory plan on various risks in the market. Moreover, it will extend multiple communication strategies…
abhinav singh
Larsen & Toubro Infotech, Mindtree Announced Their Merge
On Monday, two IT companies, Larsen & Toubro Infotech (LTI) and Mindtree, announced their merger, which will come into effect following the regulators and shareholders. The merger company is known as LTIMindtree and is now the fifth-largest IT company in India in terms of current market capitalisation. After the merger, 73 shares of LTI will…
Shipra Prajapati
A Complete Guide On Outsourcing to India
India is the most sought-after outsourcing destination with access to a low-cost workforce and a massive talent pool. This complete guide on outsourcing to India will help you understand the aspects of India based outsourcing services. It always feels good to cover every aspect of your business and watch it grow. But, panic starts when…
John David