Information Technology: Latest News and Updates, Top Stories, Videos, Photos About Information Technology

Infosys To Roll Out Fresh Appraisal Cycle Amid Pending Last Year Hikes

Information technology behemoth Infosys' employees will soon receive some good news as the business is about to start a new cycle of appraisals. The cycle for the current fiscal year might begin as early as this week. On September 29, Infosys ...

Sharekhan Bets On This Mid Cap Multibagger IT Stock, Suggests Buy For 26% Potential Gains

Sharekhan in its equity report on Persistent Systems Limited suggests 'buy' for a target price of Rs 4,300 apiece. Persistent Systems is a mid-cap Computer - Software & Consulting company with a market capitalization of Rs 26,156.07 crore. The company beat ...

Goa Govt To Work To Bridge Gap Between Manpower, And IT Industry Requirements: Minister

Goa's Information Technology Minister Rohan Khaunte has said the state government will work towards bridging the gap between the manpower availability and the industry's requirements in the sector. Khaunte on Wednesday chaired a "brain storming session" with the academia, IT industry ...

Indian IT Revenues Grow Fastest In A Decade To USD 227 Billion In Pandemic Hit FY22

India's information technology sector is set to become a USD 227 billion industry in FY'22, registering a 15.5 per cent growth, industry body Nasscom said on Tuesday. The 15.5 per cent growth is the highest in over a decade ...

IT Companies May See A Dip In Margins: Report

Motilal Oswal Institutional Equities expects a dip in margins for most IT Services companies (60bp/110bp for aggregate Tier I/II players), led by a second wage hike and an increase in attrition/hiring. "We expect wage hikes to be in the 100-350bp range ...

Revenue Growth For IT Services In US$ Terms Expected To Be Flattish

With 90-95% achievement of work from home and recovery in demand for IT services led by acceleration in adoption of digital demand, the revenue growth for IT services in US$ terms is expected to be flattish in FY2021 and US$5%-8% in ...

Road ahead for Indian IT in a post-Covid world

Impact of Covid and remote working Impact of US elections on H1B visas Covid vaccine and how it would impact Indian economy Impact of Covid and Remote Working It is eight months since the world ...

4 IT Stocks CLSA Is Bullish On Ahead Of Q2 Earnings Season

Ahead of September quarter earnings season, brokerage CLSA is bullish on major names in the information technology sector and advises investors to focus on quality stocks with a strong order book. It said that normalisation of supply-side constraints and sharp ...

3 IT Stocks Morgan Stanley Is Betting On

The Indian stock market is recovering to pre-COVID levels with stocks of certain sectors like pharma, performing better than others. While the banking sector is seeing the bitter effects of the pandemic, analysts have now turned bullish on the IT segment ...

IT Industry To See More Lay Offs As Covid 19 Pushes Challenges For The Sector

Amid the ongoing pandemic crisis, when there is dearth of projects, IT industry across the globe is on a downsizing spree. This is there on account of excessive workforce. Further as per a Mint report, even as there are immense ...

IT Companies’ Hiring Surges By 18% YoY During H1FY20

India's leading IT companies including Infosys, TCS, Wipro, Tech Mahindra and HCL have increased their hiring and until the second half of the current fiscal year 2020 i.e. by September has hired a total of more than 64,332 employees to their ...

IT Industry To Hire 1.5 Lakh Employees This Year: Nasscom Chairman

There looms economic slowdown fears and while job losses have been reported for auto, FMCG space, Indian IT space is expected to be net hirer and only those skills which now remain no longer relevant, may see a pink slip coming ...

Information Technology News