BENGALURU: IT companies are resuming their campus recruitment drives after a nearly year-long hiatus amid signs of revival in business. IT firms are tapping into these colleges for skilled programmers and digital specialists who command salaries in the range of Rs 6 to 9 lakh, rather than entry-level roles where salaries are much lower.Companies such…
IT sector hiring outlook: In a positive development, the top IT services companies have witnessed a rise in active hiring for the first time in 20 months. According to analysis of data from LinkedIn and other leading job boards, the number of open positions available for applications increased to 82,000 in March from a low…
BENGALURU: A group of experienced American professionals has accused TCS of firing them on short notice and filling many of their roles with workers from India on H1-B visas, the Wall Street Journal reported on Friday.The American workers alleged that TCS illegally discriminated against them based on their race and age, firing them and shifting…
The Indian Institute of Management-Bangalore (IIM-B) on Thursday said it has concluded placements for the Post Graduate Programme in Business Analytics (PGP-BA) 2024 and the Post Graduate Programme in Management (PGP) 2024. The placement week, which ended on February 7, 2024, saw 503 students placed, while 13 students were placed in a subsequent rolling placement…
MUMBAI/BENGALURU: Tata Sons, the holding arm of Tata Group, plans to sell shares in Tata Consultancy Services (TCS) worth up to 93.62 billion rupees ($1.13 billion) on Tuesday, a term sheet showed. Tata Sons plans to offload 23.4 million shares in the country’s top IT services provider, representing 0.65% of TCS’ outstanding shareholding, according to…
Bengaluru: Tata Consultancy Services Ltd’s CEO K. Krithivasan has said that Generative AI (Gen AI) will not lead to a hiring decline. “We may probably need to change the way we train people, but will not cause a reduction in hiring,” Krithivasan said in an interview with CNBC TV-18. “The kind of people we hire…
TCS share price today: Tata Consultancy Services (TCS) witnessed a significant surge in its shares, reaching an all-time high of Rs 4,135.9 on Tuesday’s trade on the Bombay Stock Exchange. Additionally, the company’s market cap also crossed the Rs 15 lakh crore mark for the first time.At 11:35 AM, shares of TCS were trading at…
Tata Consultancy Services is linking hikes and variable payout to complying with its recent return-to-office mandate. India’s largest IT services company had made 5-day return to office compulsory for certain teams late last year. The company has now told unit heads to write to their respective teams that assigning grades – which are a prerequisite…
Indian IT majors do not bring good news for engineering graduates. According to a report by The Economic Times, there has been a modest intake of fresh engineers from across institutes in the country.Lowest recruitment figures in over 20 yearsAs per the report, the number of graduates being picked for placement range between 70,000 to…
Budget 2024 expectations: Finance Minister Nirmala Sitharaman is all set to reveal the Interim Budget for the fiscal year 2024-2025 (FY25) on February 1, 2024. Meanwhile, the focus turns on fiscal consolidation and nominal economic growth projections, while no major policy changes are expected as of now.If we go by sector-specific changes, the travel and…
