Leading IT firms in India lost close to 70K employees in last fiscal year

New Delhi: Amid the muted revenue growth in the Indian IT services sector due to global macroeconomic headwinds, leading IT companies saw a drop of nearly 70,000 employees in the last fiscal year (FY24). Infosys, Tata Consultancy Services (TCS), Wipro and Tech Mahindra, among others, lost maximum number of employees in FY24. While Infosys saw … Read more

Sensex gains more than 300 points

New Delhi: BSE Sensex gained more than 300 points on Monday as geopolitical tensions eased and crude oil prices declined. BSE Sensex was trading at 73,446 points, up by 357 points. Wipro and Ultratech Cement are up more than 2 per cent in trade. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said the … Read more

Ex-Wipro CEO Thierry Delaporte Writes To Employees Days After Resignation Says ‘Goal Is Complete’

Ex-Wipro CEO Thierry Delaporte Writes To Employees Days After Resignation Says ‘Goal Is Complete’ He also stated that Wipro is poised for future expansion and that its clients view it as a “transformation partner.” Wipro’s former CEO, Thierry Delaporte, resigned on April 6. Days after the IT firm announced Thierry Delaporte’s resignation, the outgoing CEO … Read more

Apple inaugurates iOS Development Lab at Galgotias University | Education

Apple’s highly anticipated iOS Development Lab is now open at Galgotias University in Delhi. The lab, inaugurated on February 20th, aimed at fostering innovation and nurturing the next generation of iOS developers. Apple inaugurated the highly anticipated iOS Development Lab at Galgotias University in Delhi. The lab is equipped with advanced facilities including 100 iMacs, … Read more

Stocks to Watch: Wipro, Eureka Forbes, Vedanta, BoB, JSW Steel, Zee Ent, and Others

Stocks To Watch on February 22: After an upside of six days straight, domestic equity markets snapped their rally and settled with a steep fall on Wednesday amid fag-end selling triggered by a rush for profit booking and mixed global cues. In today’s trade, shares of Devyani International, Eureka Forbes, Home First Finance, Brigade Enterprises … Read more