Subdued IT demand remains a sore point for Info Edge
A silver lining for investors in Info Edge stock is that robust hiring trends in non-IT sectors are expected to offset the impact of muted IT hiring to some extent
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A silver lining for investors in Info Edge stock is that robust hiring trends in non-IT sectors are expected to offset the impact of muted IT hiring to some extent
Startups laid off over 28,000 people just in the first three quarters of 2023. This alone was over 50% higher than 2022, when companies let go nearly 18,000 employees.
The year also saw an increase in grievances of extortion attempts by antisocial elements from industrial units in Chakan and Ranjangaon.
The IT major at present is seeing its highest-ever large deal pipeline, having reported $7.7 billion worth of large deals in the pipeline in the second quarter ended September 30
The IT services and consulting giant also reported industry-leading Gen AI pipeline of $450 million for just the first quarter, up from $300 million in all of FY23