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Information Tech (IT)

HCLTech CEO Vijayakumar salary climbed to over $10 million

This makes Vijaykumar the second highest paid CEO of an Indian IT company after Wipro’s former chief Thierry Delaporte’s $20 million (around Rs 166 crore) compensation for FY24. In FY24, HCLTech led revenue growth for the industry at Rs 109,913 crore, up 8.3% year-on-year,...

Economic Survey: India saw tech startup surge post Covid pandemic

Economic Survey highlighted, startups recognised by the government - more than 1.17 lakh as of December 2023 - have created over 12.42 lakh direct jobs in the country. Finance minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in parliament on Monday. The top sectors...
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Large IT firms’ fatigue on deal wins helping Persistent: CEO Sandeep Kalra

For the first quarter ending June, Persistent reported a 33.9% year-on-year (YoY) rise in...

Wipro bucks headcount reduction trend, adds 337 employees in June quarter

In March quarter, headcount had dropped by 6,180, down for the sixth straight quarter....

Tata Communications’ overseas revenues continue to outgrow India: CEO

For the April-June 2024 period, the company reported a 12.78% decline in net profit...

Infosys beats PAT and revenue estimates, dials up outlook

A strong revenue expansion of 3.7% YoY during the period prompted the second-largest software...

Persistent Systems Q1 net profit rises 33.9% on year to Rs 306 crore

Persistent Systems' revenue from operations rose 17.9% YoY to Rs 2,737.17 crore as compared...

LTTS’ net profit down 8% QoQ at Rs 313.6 crore

L&T Technology Services’ revenue declined 3% sequentially to Rs 2,461.9 crore in the Q1....

Tata Technologies Q1 profit slides 15% on-year, VinFast woes behind

Sequentially, Tata Technologies' net profit rose 3.04% from Rs 157.24 crore in the preceding...

Infosys Q1 headcount drops by 1,908; to hire up to 20,000 freshers in FY25

Total employees at Infosys for the period ending June stood at 315,332 as compared...

Wipro has bred many CEOs who have left to build organisations: Premji

Rishad A. Premji, Wipro's chairman speaking to shareholders in the virtual meeting said, ...

LTIMindtree Q1 net profit up 3.1% at Rs 1,135 crore

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State Street costs dip on insourcing works from its JV with HCLTech

HCLTech posted a fall in revenue at its financial services vertical and has warned...

Zensar Technologies to buy US firm BridgeView Life Sciences

Pune-based Zensar Technologies said in a statement, “This strategic move strengthens Zensar's Healthcare and...

Latest articles

HCLTech CEO Vijayakumar salary climbed to over $10 million

This makes Vijaykumar the second highest paid CEO of an Indian IT company after...

Economic Survey: India saw tech startup surge post Covid pandemic

Economic Survey highlighted, startups recognised by the government - more than 1.17 lakh as...

India’s pet retail on its way up as Upstox founders invest in pet brand ‘Pet Warehouse’

Pet Warehouse, founded November 2021 in Bengaluru, secured funds from Upstox's Ravi Kumar and...

Edtech startup Adda247 unveils first ever Esop buyback

Google-backed edtech startup Adda247, founder and chief executive Anil Nagar said that this employee...