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Salary increase at Infosys: HR announced this in the IT giant's townhall - Vimarsana News

Salary increase at Infosys: HR announced this in the IT giant's townhall

During a town hall, the company’s HR head Shaji Mathew said the focus of the compensation review cycle at Infosys would be tenured as well as high performing employees

IT professionals seeking contract work as permanent hiring slows - Vimarsana News

IT professionals seeking contract work as permanent hiring slows

IT professionals are increasingly turning to contract roles as permanent hiring slows, according to new research from the Association of Professional St...

Qualcomm India leases 6.21 lakh sqft office space in Bengaluru for Rs 5.90 crore monthly rent - Vimarsana News

Qualcomm India leases 6.21 lakh sqft office space in Bengaluru for Rs 5.90 crore monthly rent

The deal covers ground plus 12 floors and the lease period starts from April 2024 and is for 108 months, the documents revealed.

75% of our large deals are in the long-tenure space: LTIMindtree's Sudhir Chaturvedi - Vimarsana News

75% of our large deals are in the long-tenure space: LTIMindtree's Sudhir Chaturvedi

Sudhir Chaturvedi, President- Markets, LTIMindtree said that the company’s large deals are $20 million-plus in the total contract value. Since 75% percent of these deals are in the cost-reduction space, the good thing is that they tend to be 3-7 year deals and will allow better planning of resources and costs, he said.

Wipro Q2FY24: Weakness continues - Vimarsana News

Wipro Q2FY24: Weakness continues

The company expects furloughs to be more pronounced in Q3 and it is guiding to a very weak quarter, with revenue decline between 1.5 percent and 3.5 percent