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The Big Four firms Deloitte, PwC, EY, and KPMG have advised employees to reduce business travel and ...
Quick commerce firm Zomato has recently established a wellness centre at its Gurugram headquarters, ...
The Indian divisions of Deloitte, PwC, EY, and KPMG achieved strong revenue growth in FY, signific...
Tech Mahindra, a leading IT services firm and part of the Mahindra Group, reported its Q3 FY25 financial results with a net profit of Rs 983 crore, marking a 92.6% year-on-year (YoY) increase. However, sequentially, the net profit declined by 21.36% due to a higher base reported in the previous quarter from a one-time special […]
Wipro Ltd, one of India’s leading IT services companies, reported a 24.48% year-on-year increase in its consolidated net profit for the third quarter of the fiscal year 2024-25 (Q3 FY25). The company posted a net profit of ₹3,353.8 crore, compared to ₹2,694.2 crore in the same quarter last year. Revenue from operations edged up by […]
Infosys CEO Salil Parekh recently addressed concerns over low salary hikes and toxic work culture claims during the company’s Q3 earnings call on January 16, 2025. This comes amid a raging debate over the industry-wide 90-hour workweek, sparked by remarks from Infosys co-founder Narayana Murthy and L&T Chairman SN Subrahmanyan. Infosys Low Salary Hike and […]
Infosys, one of India’s leading IT services companies, announced its Q3 FY25 results on January 16, 2025. The company reported a consolidated net profit of ₹6,806 crore, marking an 11.4% year-on-year (YoY) increase. Revenue from operations stood at ₹41,764 crore, reflecting a 7.6% YoY growth. Sequentially, the profit rose by 1.9% from ₹40,986 crore in […]
The semiconductor industry is witnessing a significant shift as more women take on leadership roles, reshaping the landscape of this critical sector. This change is driven by a combination of increased awareness of gender diversity, targeted initiatives by companies, and the growing recognition of the unique perspectives and skills women bring to the table. Rising […]
On January 13, 2025, HCLTech reported robust financial results for the third quarter of FY25. The company’s revenue reached ₹29,890 crore, marking a 5.1% increase year over year (YoY) and a 3.6% increase quarter over quarter (QoQ). Net profit for the quarter stood at ₹4,591 crore, reflecting a 5.5% YoY increase and an 8.4% QoQ […]
Meta, the parent company of Facebook and Instagram, is facing significant backlash over recent changes to its Hateful Conduct policy. The updated policy, announced by CEO Mark Zuckerberg, has sparked outrage among employees and advocacy groups, who argue that it undermines protections for marginalized communities and promotes hate speech. Meta Policy Changes and Justifications The […]
Tata Consultancy Services (TCS), India’s largest IT services firm, has announced ambitious plans to significantly reduce its dependence on US H-1B visas. As part of this strategy, TCS aims to hire 40,000 trainees this year, with plans to onboard even more fresh graduates in 2026. This move is expected to bolster the company’s local workforce […]
Tata Consultancy Services (TCS), India’s largest IT services firm, reported a decline in its headcount by 5,370 employees in the third quarter of the fiscal year 2025 (Q3 FY25), reversing two consecutive quarters of growth. The company’s total headcount now stands at 607,354 as of December 31, 2024. TCS Financial Performance in Q3 FY25 TCS […]
India’s IT sector is on track for significant growth, with new job opportunities projected to rise by 20% in 2025, according to FirstMeridian Business Services. This follows a 17% increase in 2024, fueled by the demand for digital services and specialized tech roles. Emerging positions such as application developers, software engineers, DevOps engineers, AI specialists, […]
Foxconn, the Taiwanese contract manufacturer known for assembling iPhones, has completed its $230 million project to build dormitories for workers at its Sriperumbudur plant in Tamil Nadu. This initiative aims to provide enhanced accommodation for its predominantly female workforce, improving their quality of life and operational efficiency. Foxconn Project Overview The dormitory complex, spread over […]
Deloitte and EY, two leading consulting firms, are reducing employees and restructuring operations as weakened demand for advisory services reflects broader economic uncertainty. Workforce Reductions Amid Declining Demand Deloitte and EY, two of the largest professional services firms, are cutting jobs as demand for consulting and advisory services declines. Deloitte recently laid off 250 UK-based […]
