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Tata Consultancy Services TCS, Indias largest IT services exporter, has stepped forward to clarif...
Enterprise software leader Workday has announced plans to maintain its aggressive workforce expansio...
In a move that has sent ripples of relief through the global tech sector, Samsung Electronics reache...
For thousands of Indian H-1B tech professionals in the United States, the American dream is currently tethered to a ticking clock. As industry giants like Meta, Amazon, and Oracle execute fresh waves of layoffs in 2026, a growing number of H-1B visa holders have been plunged into a “60-day crisis”—the maximum grace period allowed by […]
Infosys, India’s second-largest IT services firm, has announced a significant reduction in its performance bonus for the fourth quarter (Q4) of the 2025-26 fiscal year. On Monday, May 18, 2026, the company notified its workforce of an average variable pay of 70%, marking a sharp 15-percentage-point decline from the 85% payout distributed in the preceding December […]
Tata Consultancy Services (TCS), India’s largest IT services exporter, is facing internal backlash as several employees report a decrease in their monthly take-home pay following the latest appraisal cycle. While the company officially announced average salary increments of approximately 5% to 8% for the 2025-26 fiscal year, a significant number of staffers have taken to social media […]
In a move set to reshape the competitive landscape of artificial intelligence, Alphabet’s Google and investment giant Blackstone have announced a massive joint venture to launch a new AI-focused cloud company. Blackstone is backing the venture with an initial $5 billion equity investment. The project aims to meet the skyrocketing global demand for specialized AI data centers and compute-as-a-service. […]
Infosys has announced an average performance bonus of 70% for the fourth quarter (Q4FY26), marking a sharp decline of 15 percentage points from the 85% payout delivered in the previous quarter. The software giant attributed the reduction to a cocktail of challenges, including intensifying Middle East tensions, a cooling global macroeconomic environment, and the looming impact of […]
GE Aerospace announced a fresh investment of INR 100 Crore into its multi-modal manufacturing facility in Pune. This latest capital infusion aims to scale production capacity. It also integrates advanced technologies to meet the surging global demand for aircraft engine components. GE Aerospace Strengthening the Manufacturing Footprint This investment marks a pivotal expansion of GE Aerospace’s capabilities […]
Tata Consultancy Services (TCS), India’s largest IT services exporter, has officially rolled out its annual salary increments for the current fiscal year. TCS announced an average hike of 5% to 7% for the majority of its offshore workforce. The move met a mix of relief and frustration due to a revised CTC structure that many […]
Ernst & Young (EY) has sparked a heated debate regarding corporate family policies after implementing a new “clawback” clause in its parental leave program. Under the revised terms, employees who resign from the firm within 12 months of returning from parental leave will be required to repay a significant portion of their enhanced parental pay. […]
Deloitte India is on a rapid trajectory to become the undisputed leader in the professional services space, according to CEO Romal Shetty. Under his leadership, the firm has embarked on an aggressive expansion strategy that leverages India’s position as a global talent hub to redefine the competitive landscape of the “Big Four” in the region. […]
In a significant move to align employee interests with long-term corporate goals, the Board of Directors of Tata Motors Passenger Vehicles Limited (TMPV) has officially approved the “Share-based Long Term Incentive Scheme 2026.” The announcement, made following a board meeting on May 14, 2026, marks a pivotal step in the company’s evolution as a standalone entity following the […]
Goldman Sachs is preparing for a significant technological overhaul by integrating autonomous “digital agents” across its global operations. This strategic move aims to automate complex workflows, drastically reduce operational costs, and boost employee productivity. As the Wall Street giant pivots toward an AI-first approach, the initiative marks a transition from basic chatbots to sophisticated agents […]
In a shocking development for India’s elite engineering graduates, tech giant Oracle has reportedly revoked numerous campus placement offers across the Indian Institutes of Technology (IITs) and National Institutes of Technology (NITs). The move follows a massive global restructuring exercise that recently saw Oracle slash approximately 30,000 jobs worldwide, including over 12,000 roles in India. Students “Hit Rock Bottom” at the Finish […]
