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Krutrim, the artificial intelligence arm of Ola, is undergoing a wave of high-profile exits even as ...
Tata Consultancy Services TCS, is facing mounting criticism from the All India IT amp ITeS Emplo...
Gujarat government is facilitating the development of , residential units in Dholera Special Inv...
Infosys, India’s second-largest IT services company, has scheduled its Q1 FY26 earnings announcement for July 23, 2025. The company’s Board of Directors will convene on July 22 and 23 to review and approve the unaudited standalone and consolidated financial statements for the quarter ending June 30, 2025. Investors and analysts are closely watching the results, […]
As global economic uncertainties continue to impact the IT services sector, leading firms Cognizant and Infosys are adopting a new trend in IT deals to sustain growth and combat industry challenges. Both companies have identified vendor consolidation deals as a key strategy to optimize costs, enhance efficiency, and secure long-term contracts with major clients. With […]
Wipro Limited, a global leader in AI-powered technology services and consulting, has announced the relocation of its Middle East regional headquarters from Al Khobar to Riyadh, Saudi Arabia. The move reinforces Wipro’s commitment to the region, aligning with Saudi Arabia’s Vision 2030 initiative to establish the Kingdom as a global technology hub. The new headquarters […]
Infosys, a global leader in digital services and consulting, has inaugurated a state-of-the-art development centre at Gujarat International Finance Tec-City (GIFT City), Gandhinagar. The facility, designed to accommodate over 1,000 employees, will function as a TechFin hub, delivering advanced digital solutions for global Banking, Financial Services, and Insurance (BFSI) clients. The new centre will strengthen […]
JPMorgan Chase CEO Jamie Dimon has issued a stern warning to junior analysts, stating that those who accept alternative job offers within 18 months of joining will face immediate termination. The move comes as Wall Street firms struggle to retain talent, with private equity firms aggressively recruiting fresh graduates from investment banks. Jamie has long […]
Wipro, one of India’s leading IT services companies, has announced an average variable pay of 90% for most of its employees in Q4 FY25. This payout stands out in the IT sector, where companies like Infosys and TCS have taken a more conservative approach due to global economic uncertainties. The higher-than-expected variable compensation reflects Wipro’s […]
Nestlé India, one of the country’s leading FMCG giants, has reported a 3.8% decline in its permanent workforce for the financial year 2024-25 (FY25). Despite the reduction in employee count, the company has significantly increased its capital expenditure (capex), focusing on expanding operational capabilities and strengthening its market presence. The workforce dip comes at a […]
Infosys has launched over 200 enterprise-grade AI agents as part of its Infosys Topaz™ AI suite. Developed in collaboration with Google Cloud’s Vertex AI platform, these agents are aimed at automating complex business processes across industries such as telecom, finance, healthcare, retail, manufacturing, and agriculture. The AI agents are designed to operate both independently and […]
India’s green economy is expanding rapidly, with projections indicating the creation of 7.29 million jobs by FY28 and 35 million by 2047. A recent report by NLB Services highlights the accelerating demand for sustainability-focused roles, driven by advancements in renewable energy, electric vehicles (EVs), sustainable infrastructure, and climate technology. The report also estimates that India’s […]
Air India is undergoing a major workforce transformation, aligning with its ambitious modernization and expansion goals. Since its privatization under the Tata Group, the airline has focused on rejuvenating its workforce, improving service quality, and ensuring operational efficiency. A key aspect of this transformation is the reduction in the average age of employees, alongside extensive […]
Cognizant has officially launched a 600-workforce strong TechFin Centre in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, marking a strategic expansion in its Banking, Financial Services, and Insurance (BFSI) sector operations. The facility, inaugurated by Gujarat Chief Minister Bhupendra Patel, is expected to serve as a global hub for advanced technology solutions catering to Cognizant’s […]
HSBC UK has introduced a new policy linking employee bonuses to office attendance, marking a significant shift in its post-pandemic hybrid work strategy. The bank has informed its 24,000 retail and commercial banking employees that failure to meet the 60% in-office attendance requirement could impact their performance assessments and variable pay. The move comes as […]
