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Tech Mahindra's headcount declines by 795 employees in Q4

FY24 marks the second ever full year decline in headcount for Tech Mahindra, which was down by 6,945. The IT company had previously reported a full-year headcount drop in FY18.

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FPIs lap up power, financial services stocks in April; IT, FMCG see biggest outflows, ET Retail

FPIs: Fast moving consumer goods witnessed a shift in sentiment from foreign investors as they turned net sellers in the sectors worth ₹4,351 crore after buying shares worth ₹6,241 crore in March. Consumer durable and oil & gas sectors also saw foreign selling worth ₹1,624 crore and ₹923 crore, respectively.

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LTIMindtree Q4 net profit falls 1.2% YoY to Rs 1,100 crore, revenue up 2.3%

LTIMindtree Q4 net profit falls 1.2% YoY to Rs 1,100 crore, revenue up 2.3%
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TCS, Infosys, Wipro together lost 63,759 employees in FY24

Wipro reported a second consecutive year of headcount decline on April 19, which was down by 24,516.

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Why Wipro is not starting campus hiring yet? Official explains

According to Saurabh Govil, chief human resources officer (CHRO) of Wipro, the company is yet to complete on boarding of freshers who received offer letters during its post Covid hiring spree.

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TCS reports all-time high order book $13.2 billion in Q4

On a full year basis, order book was up at $42.7 billion as compared to $34.1 billion recorded in FY23. This is historically the highest full-year order book for the IT services giant

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'High degree of optimism, but...': Here's what is ailing the Indian economy, according to CII president R. Dinesh

Talking exclusively to Business Today TV's Managing Editor, Siddharth Zarabi, R. Dinesh, President of the Confederation of Indian Industry (CII) and Chairman of TVS Supply Chain Solutions, said that the mood at the moment is of optimism as to the state of Indian economy.

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India records 3% monthly rise in hiring; white-collar gig jobs up 184%

The share of IT sector in the gig economy nearly doubled, jumping from 22 per cent in March 2023 to a dominant 46 per cent in March 2024. This boom indicated a strong demand for skilled freelance coders, IT consultants, and other tech professionals.


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