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Infosys reported a mixed performance in its Q FY results. The companys net profit declined...
Tata Consultancy Services TCS, Indias largest IT services firm, has achieved a remarkable m...
Wipro, one of Indias leading IT services companies, has faced scrutiny over its entry-level s...
Wipro reported a strong performance in Q4FY25, with consolidated net profit rising by 25.9% year-on-year to ₹3,569.6 crore. Revenue from operations increased marginally by 1.3% to ₹22,504.2 crore, compared to ₹22,208.3 crore in Q4FY24. Sequentially, the net profit also grew by 6.4% from ₹3,354 crore in Q3FY25. The operating margin for Q4FY25 stood at 17.5%, […]
TCS had initially announced its annual salary hike during the Q3FY25 results, with increments ranging from 4% to 8%, effective March 2025 and payments starting in April. Offsite employees were expected to receive hikes of 7-8%, while onsite employees were to see a more modest increase of 2-4%. High-performing employees were to be rewarded with […]
Wipro Limited, one of India’s leading IT services companies, is set to announce its financial results for the fourth quarter of FY25 on April 16, 2025. Investors and analysts are closely monitoring the results for valuable insights into the company’s performance. These results are expected to shed light on how Wipro is navigating global economic […]
SBI Youth Fellowship 2025 is now open for applications, offering a unique platform for young professionals and graduates to contribute to rural development while gaining invaluable experience. This prestigious 13-month fellowship, initiated by the State Bank of India (SBI) in collaboration with leading NGOs, provides participants with a monthly stipend of ₹19,000 and a readjustment […]
Deloitte has announced the launch and expansion of its Global Artificial Intelligence (AI) Simulation Centre of Excellence (CoE) in Bengaluru, India, as part of its US$3 billion investment in Generative AI (GenAI) through FY30. Serving Deloitte’s global network, the Bengaluru-based CoE aims to revolutionize client decision-making with real-time simulations, advanced visualisations, digital twins, and multi-agent […]
Wipro Targets Growing GCC Market Wipro is getting ready to start a new Global Capability Center (GCC) service to help global companies set up and grow their offices in India. The plan follows what other big firms like Infosys and Cognizant are already doing in this space. Wipro will use the Build-Operate-Transfer (BOT) model—helping clients […]
The industrial sector in Karnataka is facing a potential crisis as industries, particularly small and medium enterprises (SMEs), threaten to shut down operations in protest against the state government’s proposed wage hike. The draft notification suggests revising the minimum wages for laborers from the current ₹12,000–₹21,000 per month to ₹25,000–₹31,000 per month, depending on the […]
EY Scholarship 2025 program is a prestigious initiative by Ernst & Young (EY) aimed at recognizing and rewarding students with exceptional entrepreneurial spirit. Open to undergraduate students across India, the program offers a unique blend of financial support, professional exposure, and skill development. With a scholarship prize of ₹1 lakh and a two-month internship at […]
Deloitte announced the expansion of its alliances with Google Cloud and ServiceNow to enable clients to rapidly scale their agentic AI capabilities, helping to build the enterprises of the future. As part of this expansion, Deloitte is introducing a suite of over 100 ready-to-deploy agents, powered by Google’s Gemini models and Agentspace, to transform customer […]
BluSmart Mobility, India’s first all-electric ride-hailing service, is grappling with significant financial challenges. The company, which operates in major cities like Delhi NCR, Bengaluru, and Mumbai, has delayed March salary payments and witnessed a series of high-profile leadership exits. These developments have raised concerns about BluSmart’s financial stability and its ability to sustain operations in […]
Microsoft is reportedly preparing for another round of job cuts, potentially as early as May 2025. The layoffs are anticipated to focus on middle management and non-technical roles. This aligns with restructuring strategies recently implemented by tech giants Amazon and Google. This report delves into the details of Microsoft’s upcoming layoffs, the rationale behind them, […]
Building on the success of ISAI Cap Venture I, Capgemini and ISAI have announced the launch of ISAI Cap Venture II, a renewed €80 million investment fund dedicated to supporting promising B2B startups and scale-ups globally. The new fund blends ISAI’s deep venture capital expertise with Capgemini Ventures’ capability to drive business synergies across its […]
