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Revenue in the major markets of the US and Europe grew sequentially by 4.2% and 2.3%, respectively, while major business verticals also showed higher revenue. But what sets HCLTech apart from peers is the fact that it continued to add headcount during the quarter.

For the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly in FY23, HCLTechs headcount had shown an increase by 3,674 employees.

Automotive clients account for up to 35% of IT services manufacturing clients.Indias top IT firms thus clearly draw meaningful revenue from carmakers around the world.With the advent of electric and tech-laden cars, ITs reliance on automotive revenue is now rising

News and developments from the week gone by, through numbers and charts.

TCS wins contract from Spain's Royal Academy of Engineering Mumbai: (TCS) has won a contract from the Royal Academy of Engineering of Spain to develop a new innovative digital framework that will provide online access to the latest learning support services and enhance collaboration between global educational professionals. TCS will deploy ‘Forum for the Digitalization

An analysis of employment contracts of top IT leaders shows that in recent years, payments to exiting CEOs at companies such as Tata Consultancy Services (TCS), Cognizant and Wipro have ranged from Rs 48 crore to Rs 92 crore.

For years, it has been customary for IT services companies to announce large deal wins. Investors get excited by those big-dollar numbers. A careful reading of the fine print around such deal wins reveals a lot more than what meets the eye.

Buy call for the Rs 4,700 call option (May) of LTIMindtree with a target price of Rs 100 and a stop loss at Rs 80

Krithivasan also said that TCS is working on projects of generative AI and it has doubled quarter over quarter to be worth $900 million at the end of fourth quarter as reported by Financial Times. He said that the order flow toincrease significantly for the next few quarters

Total headcount for Tech Mahindra declined by 795 from the previous quarter to 145,455, and falling by 6,945 from 152,400 employees a year ago.