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HCL Group planning $300 million semicon foray, Telecom News, ET Telecom

The HCL Group is close to submitting a proposal to the Centre to set up an assembly, testing, marking, and packaging (ATMP) unit for semiconductors. ....

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hcltech: HCLTech hired 1,800 freshers in 1Q24, expects higher intake in Q2

Ramachandran Sundararajan, Chief People Officer at HCLTech said that the company moderates its hiring plans to be in line with forecasts for the quarter, adding that fresher intake remains typically higher in Q2. ....

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IT sector: IT firms eye fixed price projects to improve margins

Fixed-price projects allow better cost control and a greater ability to introduce automation in projects and expand margins. By contrast, ‘time and material control are directly linked to the number of people hard-locked to billable projects. ....

It Sector , It Firms , Tata Consultancy Services ,

Indian IT sector's Gen AI push is more FOMO than actual revenue conversion: Industry experts

Most of the projects discussed by the Indian IT firms, though promising, are still at the proof of concept stage, and it will be a while before they start generating revenue, analysts said. ....

Namratha Dharshan , Sumeet Jain , Pareekh Jain , Tata Consultancy Services , India Research , Danske Bank , Azure Open , Tech Mahindra , Github Co Pilot , Amazon Code Whisperer , Generative Ai , Jen Ai , It Sector , Tata Consultancy Services , Net Earnings , Azure Open Ai ,

Hope to have 70% staff back in office by FY24-end; following hybrid model optimised on needs: HCLTech CEO, ET Telecom

Hcltech: It is pertinent to mention that the flexi work options were put in place by the IT industry at the onset of pandemic. ....

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