Page 53 - It Sector News Today

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Shares of Tata Elxsi surged 9 per cent to hit a new high of Rs 3,310 on the BSE in intra-day trade on Friday after the company reported a healthy set of March quarter (Q4FY21) numbers. The Tata Group-owned information technology (IT) company also announced a final dividend of Rs 24 per share for the year 2020-21 along with a one-time special dividend of Rs 24 per share, subject to tax. In Q4FY21, Tata Elxsi’s revenues increased 8.7 per cent quarter-on-quarter (QoQ) to Rs 518 crore, mainly l...

What Covid did to IT hiring in India, in charts Premium 3 min read Share Via Read Full Story Amidst the pandemic gloom, the Indian IT services sector has been spreading some cheer, with plans to hire thousands of engineers in the coming months. Last week, TCS, Infosys and Wipro kicked off the results season for the $200 billion industry with hiring announcements. TCS and Infosys said they would hire 40,000 and 26,000 freshers, respectively, this financial year. Wipro said it would onboard more ...

Shares of Infosys hit a new high of Rs 1,480, up 2.7 per cent, on the BSE in intra-day trade on Monday after the information technology (IT) major said it will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on Wednesday, April 14, 2021. This will be the third buyback of shares by the company. “The board of the company will consider a proposal for buyback of fully paid-up equity shares of the company at its meeting to be held on April ...

Express News Service BENGALURU: India’s largest IT services company, Tata Consultancy Services (TCS) hired 40,185 employees for FY20-21(FY21) amidst job uncertainties and lay-offs globally. The software services exporter said that the attrition rate for FY21 remained at an all time low at 7.2% and the total headcount jumped to 488,649.  TCS saw the highest ever addition of employees (19,388) in a quarter during Q4, FY21 as company Chief Human Resources Officer, Milind Lakkad, said that all ...

IT sector witnesses highest discrepancy at 16.6 per cent in employee background verification: Report Despite a drop in the overall discrepancy in the last three years, AuthBridge said in its sixth annual trend report that the healthcare sector had the second-highest discrepancy at 12 per cent. Share Via Email   |  A+A A- By PTI NEW DELHI: Eight out of 100 candidates misled or misinformed on job applications in 2020 with the IT sector witnessing the highest discrepancy in employee backg...

But, as the edit points out, allowing these opaque entities to operate in India is an exercise fraught with risk, given the market regulator’s limited monitoring capabilities. Instead, a more transparent and easier process to allow start-ups to list would probably work better in India. Read it here Other views examine the urgent need to end the loan moratorium, the future shocks embedded in the National Stock Exchange’s IT systems, a look at the gainers and losers of past technological re...

Demand for contractual staff in IT sector sees a sharp increase: People Prime Worldwide ANI | Updated: Mar 12, 2021 19:05 IST Hyderabad (Karnataka) [India], March 12 (ANI/PRNewswire): India is witnessing an increasing trend of contractual staff recruitment in the IT sector. And this upward growth has opened-up ample job opportunities, bringing great relief to job seekers in the IT sector. "Some of the benefits of contractual hiring for the companies are an ...

Hiring demand in IT- Hardware and Software sectors in Hyderabad, Bengaluru, and Chennai are on the rise with the growth of 15%, 14%, and 11% respectively.

Aspiring IT professionals can rejoice as Switch.do provides them with an extensive job portal ANI | Updated: Mar 09, 2021 17:23 IST New Delhi [India], March 9 (ANI/Public Media Solution): The launch of Switch.do comes as good news for aspirants willing to land a job in the much-coveted IT sector. The online job portal provides them with a unified platform for searching thousands of IT jobs posted by some of the best employers across the globe. 2020 has been...