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The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions.
During the height of the COVID-19 pandemic, companies swiftly adapted by transitioning employees to remote work. Now, as the pandemic gradually subsides, major tech giants—including Tata Consultancy Services (TCS), Infosys, HCL Technologies, Google, and Amazon—are rolling out new policies that mandate employees to return to the office.However, reports suggest that some employees harbor reservations about this transition, particularly concerning potential relocation requirements. Despite these concerns, companies are actively implementing robust measures to encourage employees to em...
Cognizant wants employees to use the in-person time to prioritise activities that benefit greatly from being together including doing collaborative projects, training and team building exercises. Over past few months, TCS, Infosys and Wipro have mandated staff to return to offices, with schedules of 5 days/week, 10 days/month and 3 days/week, respectively.
In a recent note, brokerage house Ambit Capital noted that the March quarter (Q4) outlook doesn’t suggest immediate recovery for IT. It prefers Tier-1 IT over Tier-2 IT.
TCS is infusing Gen AI and intelligence across almost all layers of the company, he said.