Page 25 - It Sector News Today

Motilal Oswal Financial Services Siddhartha Khemka believes the RBI will keep interest rates unchanged in 2023 and will cut rates only after the US Federal Reserve. He added that valuations in the IT sector are attractive, making it a good opportunity for long-term investors to accumulate stocks.

This is a marked shift from the company’s previous stance, which, since September 2022, has required employees to adhere to a roster and be in office three days a week.

“Order inflow continues to remain by and large intact, no real big surprises, and TCS in particular has remained quite resilient over the last few weeks.Purely from a valuation perspective and the fact that there is going to be a rebound in the IT spend over the next one to two quarters, both TCS and HCL Tech are looking quite attractive at current prices and valuations.”

Elimination of tax breaks in IT sector, speeding up crisis already felt on labour market (analysis)The elimination of tax breaks in the IT sector...

Dalal will succeed Jan Siegmund, who intends to retire in early 2024, Cognizant said in a release, adding that Dalal will be reporting to chief executive officer Ravi Kumar S.

Taxing incomes over a gross RON10,000, a measure expected to be implemented this autumn, puts pressure on recruitment and may prompt employers to lean towards younger candidates who fall within the non-taxable salary limit, according to an analysis by recruitment platform Bestjobs.

Kurian told Moneycontrol that the target would likely be achieved over a five-year period and the company would like to double India business over the next couple of years

Bengaluru Real Estate: Landlords cannot hike the rent or change any terms during the lock-in period of a company lease, which hinders their ability to rake in rental income in the booming Bengaluru real estate market.

Here are the top 5 IT stocks that investors should look forward to in 2023.

‘We have to decouple service industry from manufacturing’ Asif Akram, the Chief Operating Officer at Systems...