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Accenture, a global leader in consulting and IT services, is grappling with a significant revenue hi...
Honeywell International Inc. has announced the leadership team and company name for its Advanced Mat...
Tesla, the electric vehicle EV giant, is facing mounting pressure from investors as its market val...
Cognizant, a global leader in technology and professional services, has announced its ambitious plan to establish a 14-acre immersive AI learning center at its Siruseri campus in Chennai, India. This state-of-the-art facility is designed to train 100,000 individuals annually in advanced artificial intelligence (AI) technologies, marking a significant step in the company’s commitment to talent […]
India’s renewable energy sector is set to witness a significant surge in hiring during FY25, as demand for skilled professionals continues to rise. According to a comprehensive study conducted by TeamLease Services, a leading staffing and workforce solutions provider, employment in the renewable energy industry is projected to grow by 18.9% in FY25. This follows […]
Yesterday on March 20, 2025, Accenture announced its second quarter results for the financial year 2025. The company has increased the lower end of its annual revenue forecast, reflecting growing demand for AI-driven solutions. The company’s ability to support clients in integrating AI tools, managing cloud migration, and strengthening data security has fueled its growth. […]
McDonald’s, the global fast-food giant, has announced its decision to set up its India office and a Global Capability Centre (GCC) in Hyderabad. This initiative is expected to create an initial headcount of 2,000 employees, marking a significant investment in the region. The announcement was made following a meeting between McDonald’s Chairman and CEO Chris […]
Global ratings agency Moody’s has released an insightful report analyzing the potential impact of U.S. President Donald Trump’s tariff policies on South and Southeast Asian companies including TCS and Infosys. Among the sectors affected, Indian IT giants Tata Consultancy Services (TCS) and Infosys have been highlighted as relatively well-positioned to withstand the challenges posed by […]
Wipro Limited, a leading technology services and consulting company, has announced a strategic realignment of its Global Business Lines (GBLs). The purpose is to better serve clients’ evolving needs and capitalize on emerging opportunities in AI, cloud, and digital transformation. These changes will take effect from April 1, 2025. Enhancing Client-Centric Solutions As businesses increasingly […]
As India positions itself as a global hub for semiconductor manufacturing, homegrown companies are actively recruiting international talent to spearhead their operations. The semiconductor industry in the country is still in its nascent stages. This has led to a surge in demand for experienced professionals, prompting firms to seek skilled executives from abroad. While the […]
Several leading companies in India are adopting asset-light business models, putting expansive IT campuses up for sale. This reflects a strategy to optimize operational efficiency, reduce costs, and adapt to evolving workforce dynamics, including the rise of remote and hybrid work models. The asset-light approach involves reducing ownership of fixed assets, such as real estate, […]
PwC, one of the Big Four accounting firms, is facing significant challenges as it grapples with a record number of partner exits and the suspension of its flagship technology apprenticeship scheme. These developments come amidst a broader slowdown in the consulting sector, forcing the firm to implement cost-saving measures to protect its profit margins. The […]
Infosys, India’s second-largest IT services company, has announced that it will conduct its trainee assessment on March 18, 2025, following an indefinite postponement last month. The Generic FA2 is a critical evaluation for trainee engineers. It applies to those who were onboarded between October and November 2024. This decision comes amidst growing scrutiny over the […]
Accenture Holi 2025 celebration was a vibrant tapestry of colors, music, and unity, transforming their Candor office into a festive haven. The company joyfully celebrated Women’s Day and Holi on March 8, 2025, honoring diversity, inclusivity, and festive spirit together. However, this vibrant Holi celebration took the spotlight, making Women’s Day feel less prominent in […]
India’s IT sector is setting up specialized divisions to support the establishment and operation of Global Capability Centres (GCCs) for multinational corporations. This initiative reflects the industry’s proactive approach to maintaining its competitive edge and diversifying revenue streams. Global Capability Centres, also known as GCCs, are locally registered entities that provide services to their global […]
