IT companies

Despite global macroeconomic headwinds, brokerages and analysts remain bullish about the Indian IT sector’s market opportunities in the event of a downturn, said a report by credit rating agency S&P Global Ratings. This, however, does…

Swiss authorities are investigating a cyber attack on the IT company Xplain, whose clients include many federal and cantonal government departments, including the army and customs. The online attack was revealed on Saturday by the newspaper…

(This story originally appeared in on May 29, 2023)Analysts expect a softer June quarter for many IT companies compared to even the modest March quarter. Discretionary spending by clients in some verticals like banking and financial…

<!-- -->Debt ceiling talks in the US are affecting markets globally. (Representational)Bengaluru: Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the US…

Small and medium IT companies are yet to recover from the impact of the Covid-19 induced lockdown because of the high attrition rate of their employees after upskilling, according to a survey. According to the survey by Micro Small and…

Net hiring of engineers by the Indian IT companies is likely to crash by close to half year on year in the next fiscal amidst rising caution among companies, hiring firms have told ET.Staffing firm TeamLease expects a 40% drop in FY24…

A few months into 2023 and the year is already proving to be a rough one for those who work in the tech industry, with tens of thousands of job losses announced by the sector’s biggest players already.The IT industry has laid off employees…

Tech Mahindra will have a reasonable time to transition to a new leader, chief executive CP Gurnani, who is set to retire in December, has said. The CEO of India’s fifth-largest software services firm was addressing analysts during a meet…

Global capability centres (or captives) have stepped up hiring in India as IT firms go slow on recruitments amid worries over a looming recession and as multinationals increase digitization initiatives and rely on low-paid workers to cut…

Welspun Group, a global conglomerate, on Wednesday announced it would set up an information technology (IT)/ information technology-enabled services (ITeS) centre in Chandanvelly, Ranagareddy district in Telangana. A release from the state…