IT cos chant dry promotion mantra to tame attrition
Suffering from wage pressure & tepid demand environment, majority IT firms doling out promotions without hikes or meager pay rise
L&T Technology Services targets $1.5 bn revenue run rate in FY25
LTTS has a strong deal pipeline with 25 deals exceeding $10 million signed in FY24. They plan to add 500 employees in Q1 of FY25
TCS may outperform peers in FY25 growth
Despite tepid growth in the US, deals from Europe & India to boost top line of IT major
IT cos bet on M&As to accelerate growth
Comfortable cash reserve and initiatives to build capabilities driving the M&A trend; Infosys, HCL Tech, Happiest Minds among firms making...
Contract hiring gaining steam in Indian IT space
Uptick in contractual hiring usually seen as a precursor to recruitment of permanent staffing at IT firms as deal conversion will improve in coming...
This alternate financing platform bridging the funding gap for...
GetVantage has funded over $900 million in Gross Merchandise Value (GMV) for over 1,500 businesses so far
It’s new AI wave of hiring process in IT
Interviewers prefer to know how candidates are performing their jobs, leveraging AI tools than asking them to write simple codes or commands
IT cos bet on pricing uptick for better margins
Further, increase in employee utilisation and improvement in productivity continue to be the levers for enhancing margin