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IT major, HCL Technologies has announced its Q results for the Financial Year - on July , T...
Engineering, manufacturing, and technology solutions company Cyient announces weeks of gender-neu...
San Francisco, Facebook said that it has achieved a . per cent increase in Black leaders due to s...
IT services company, L&T Infotech (LTI), part of Larsen & Toubro Group has announced its net profit of Rs 496.8 crore for the quarter ended June 30, up 19.3% on-year. Revenue for the three-month period increased 17.4% to Rs 3,462.5 crore. In the first quarter of financial year 2022, the company has added 2,300 employees […]
India’s second-largest IT major, Infosys plans to hire 35,000 college graduates for the financial year 2021-2022. Infosys COO UB Pravin Rao said, “Demand for digital talent explodes, and the company plans to meet this demand by expanding our hiring program of college graduates for FY22 to 35,000 globally,” The company’s attrition rate increased to 13.9% than the […]
Yesterday, Bangaluru based IT major Wipro has announced results for the First Quarter ended June 30, 2021. Highlights of the Results Gross Revenue was ₹182.5 billion ($2.5 billion1), an increase of 12.4% QoQ and 22.4% YoY IT Services Segment Revenue was at $2,414.5 million, an increase of 12.2% QoQ and 25.7% YoY Net Income for the quarter […]
India’s second-largest IT company Infosys has announced its first-quarter Q1 results for the financial year 2021-22. The company has reported a consolidated net profit of Rs 5,195 crore for the quarter ended June 30, thereby growing 2.3 percent sequentially. The company’s Q1 consolidated revenue came in at Rs 27,896 crore, up 17.87 percent YoY, as against Rs […]
On July 13, IT firm Mindtree has announced its Q1 results for the financial year 2021-22. The company has reported a 61% year-on-year rise in its Q1 net profit at Rs. 343.3 crore as compared to Rs. 213 crore in the same quarter last year. The net profit was up 8% on a sequential basis. Announcing Q1 results for […]
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail […]
Union Steel Minister Shri Ram Chandra Prasad Singh on July 12 held Video Conference with Chairman, SAIL, CMDs of NMDC and MECON, to review the activities and performance of these CPSEs. Chairman/CMDs made the presentations to inform about the organisation, ongoing activities, projects, financial performance, and the way forward. While reviewing the performance, Union Minister […]
India’s largest IT Major, TCS has announced its first-quarter Q1 (quarter ending on June 30) results of July 8, 2021. TCS reported attrition of 8.6 per cent in Q1. Although the attrition rate is the lowest among peers, it has gone up from the previous quarter’s 7.2 per cent, ending on March 31. Recently, Accenture […]
India’s largest IT major, TCS has the target to get vaccinated all of its 5 lakh employees by September this year and bring them back to office on a regular basis. said Rajesh Gopinathan, CEO. While responding to media on July 9 after the Q1 results announcement, Gopinathan said, “We are all hoping to get our […]
German logistics group Deutsche Post DHL raised its short and medium-term profit outlook on Wednesday and said it would pay another coronavirus bonus to staff, predicting that the e-commerce boom driven by the pandemic would continue. Deutsche Post, one of the world’s largest logistics firms, expects operating profit to increase to more than 7 billion euros ($8.26 […]
American IT major, Cognizant will announce results for the second quarter of 2021 on Wednesday, July 28, 2021, after market close. Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. The conference call will also be available live on the Investor Relations section of the company’s […]
Technology major, Microsoft has announced to give all of its employees $1,500 (over Rs 1.12 lakh) pandemic bonus, in recognition of a challenging fiscal year. According to The Verge report, Microsoft is gifting the bonus to all staff below the Corporate Vice President level that started on or before March 31, 2021. The company will also include […]
