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"it-company"

  • Infosys takes Rs 1,289 crore hit on new labour codes in Q3 FY26, net profit dips

    The IT company reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26, as compared to Rs 6,806 crore in the year-ago period
  • Over 400 candidates duped by fake IT company in Madhapur job scam

    A fake IT company in Madhapur cheated more than 400 job aspirants by collecting Rs 3 lakh each for supposed training and job placements. The director, Swamy Naidu, vanished after taking the money. Victims have now approached Cyberabad EoW for investigation
  • Hyderabad: Techie dies by suicide in Gandhinagar

    A 28-year-old software engineer, Vishal Goud, died by suicide at his house in Gandhinagar. Police said he had been under stress due to family disputes and a case filed by his wife a few months ago. Elders had tried to resolve the issues.
  • Infosys Q2 net profit rises 13 per cent to Rs 7,364 crore

    Infosys reported a 13.2 per cent rise in Q2 net profit to Rs 7,364 crore, with revenue up 8.6 per cent. The IT firm raised its FY26 growth outlook, declared an interim dividend of Rs 23 per share, and added over 8,000 employees
  • TCS rolls out 4.5-7 per cent salary hikes for majority of employees

    The Tata group company starts sending letters of increment to employees; hike to be applicable from September
  • Infosys net profit up 8.7 per cent to Rs 6,921 crore in Q1 of FY26

    The IT company said it is on track to hire 20,000 freshers this fiscal year
  • Google offers buyouts to staff in latest round of cost cutting

    It’s not clear how many employees are affected, but voluntary exit offers were made to staff in Google’s search, advertising, research and engineering units, according to The Wall Street Journal
  • Here’s how much TCS paid its CEO in FY25

    TCS CEO K Krithivasan remuneration package increased by 4.6 per cent, nearly 330 times the median salary paid by the company to its 6.07 lakh employees, as per the annual report
  • Accenture to promote 15,000 Indian employees in June

    Accenture is one of the largest employers in the Indian IT services sector, with over 3,00,000 staff
  • TCS net profit dips 2 per cent to Rs 12,224 crore in Q4 FY25

    Tata Consultancy Services (TCS) — whose earnings marked the official start of IT results season — reported a total revenue of Rs 64,479 crore in Q4 FY25, up 5.3 per cent over the year-ago period
  • Hyderabad-based Cyient to invest $100 million in semiconductor business

    The company is also looking at raising capital from an external investor by September and is in the process of appointing merchant bankers
  • Hexaware Tech shares list with over 5 per cent premium

    The Rs 8,750-crore initial share sale had a price band of Rs 674-708 per share
  • After outcry over layoffs of freshers, Infosys defers internal assessments for trainees

    The company last week laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts
  • Ajax Engineering IPO opens for subscription, watch out for Hexaware Tech

    IT services firm Hexaware Technologies’ Rs 8,750-crore IPO will open on February 12
  • Govt. takes steps to provide quality education in schools: Minister

    Stating that the government was taking initiatives to establish small and medium industries, he informed that Coca-Cola would establish its unit in Peddapalli.
  • US-based IT firm to provide jobs to 200 people in Kerala

    The CEO said that the company was interested in opening a new office in Kerala as the facilities provided in the state was good, including infrastructure.
  • Vizag IT company working on global animation film

    Visakhapatnam: City-based IT company Symbiosys Technologies is producing a high-end global animation film at its studios here. Announcing this here on Monday, CEO of the company O. Naresh Kumar said that the movie titled `Noah’s Ark’ with co-producers from the US and Brazil is set for global release. “Already 20 distributors in 20 different countries […]
  • Hyderabad-based Cyient Q3 profit jumps 38% to Rs 132 cr

    Hyderabad: Hyderabad-based Cyient reported a 38 per cent year-on-year jump in net profit during the third quarter at Rs 131.7 crore. The company’s revenue stood at Rs 1,183.4 crore, with YoY growth at 13.3 per cent while the EBIT margin stood at 13.9 per cent leading to highest ever operating profit. The Group order intake […]

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