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LTIMindtree Q3 Results: Net profit rises 0.6% QoQ to Rs 1,168.9 crore

LTIMindtree Q3 Results: Net profit rises 0.6% QoQ to Rs 1,168.9 crore

Wed, Jan 17, 2024

LTIMindtree Q3 Results: The company had posted a profit of Rs 1,161.8 crore in the previous quarter.

LTIMindtree trades flat ahead of Q3 result announcement; here is what to expect

LTIMindtree trades flat ahead of Q3 result announcement; here is what to expect

Wed, Jan 17, 2024

LTIMindtree Q3 Results: Key things to watch out for include revenue and margin guidance and the deal pipeline.

Indian IT companies expected to report soft Q3 as higher furloughs to weigh on revenue growth: ICICI Securities

Indian IT companies expected to report soft Q3 as higher furloughs to weigh on revenue growth: ICICI Securities

Sun, Jan 07, 2024

The big earnings week for tech heavyweights is up ahead, with the top tier IT companies slated to announce their December quarter numbers this week. Tata Consultancy Services (TCS) and Infosys will declare their Q3FY24 report card on January 11 (Thursday) and Wipro and HCL Technologies on January 12 (Friday).

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Career trends 2019: How to boost your job prospects

Career trends 2019: How to boost your job prospects

Mon, Jan 07, 2019

The year 2019 brings new hopes as well as expectations for youth and job seekers. You may also be gearing up to face job interviews, but prior to that, here are a few facts published in a Times of India report that should be taken into consideration to know future career trends: -

Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit

Edelweiss Securities 'most bullish in a decade' over this sector; see if you can benefit

Mon, Apr 16, 2018

Edelweiss conviction is based on rising number and size of digital deals, recovery of spends in BFSI, retail and utilities verticals, which contribute nearly 53 per cent to Indian IT services’ revenues; and front-ending of local hiring mitigating dependency on US H1B visas.

Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating

Moody's outlook for Indian corporate sectors stable; Telecom gets negative rating

Thu, Dec 14, 2017

Telecom sector of India received a negative outlook from the Moody's Investors Service, which said that intense competition and heavy debt loads continue to pressure cash flows, ultimately driving consolidation activity towards a three player market.

IT sector seeks govt help against protectionist policies, tax incentives

IT sector seeks govt help against protectionist policies, tax incentives

Mon, Dec 11, 2017

The IT sector representatives, however, pointed out that they would need government’s help at policy level to combat visa restrictions issues so that their economic interests are ensured.

As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students

As Indian tech cos back autonomy Apple, Microsoft, Phillips recruit desi students

Sun, Nov 05, 2017

Indian IT industry is in short supply of jobs to offer fresh recruits. However multinational companies are now looking to hire Indians for their operations.

Govt admits that India's IT sector is now creating less and less new jobs

Govt admits that India's IT sector is now creating less and less new jobs

Wed, Aug 09, 2017

The net additions of IT professionals has dropped since FY15 however total employees in the sector have grown in FY17.

Sad over recent IT layoffs, says Narayana Murthy

Sad over recent IT layoffs, says Narayana Murthy

Fri, May 26, 2017

Founder Chairman of Infosys N R Narayana Murthy today expressed sadness over the IT companies laying off their employees as part of their cost cutting strategy. "...It is sad...," Murthy told in an email reply to a PTI query about recent IT layoffs.

Can govt's focus on job creation help Indian IT sector?

Can govt's focus on job creation help Indian IT sector?

Wed, May 10, 2017

While there were worries about Indian employees of IT companies overseas losing their jobs. Now it seems that employees of IT firms within the country too are going to losing their jobs.

Indians won't be affected much by visa policy changes: Australia's Envoy

Indians won't be affected much by visa policy changes: Australia's Envoy

Tue, May 09, 2017

The 457 Visa programme is used mainly to hire foreign workers in the restaurant, IT and medical industries and the majority of such visa holders came from India, Britain and China.

Actual workings of visa programs are not well understood by US policymakers, says Nasscom

Actual workings of visa programs are not well understood by US policymakers, says Nasscom

Mon, Mar 06, 2017

Nasscom heads met with key policymakers in the US Congress and the Trump administration today.

Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings

Thu, Feb 09, 2017

India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.

Employees prefer bonus to ESOPs in compensation: Experts

Employees prefer bonus to ESOPs in compensation: Experts

Sun, Feb 05, 2017

"We have seen a change where the ESOP component in compensation packages has dropped in startup companies. This is because they never reach the valuations they initially project and in the past year a lot of startups also had to close businesses.

Implementation of smart city project not smart: Premji

Implementation of smart city project not smart: Premji

Sun, Feb 05, 2017

"It is unfortunate that the smart city project got lot of attention from Prime Minister Narendra Modi but its implementation has been shallow," said Premji at a function to celebrate the company`s 2016 earthian programme awards here.

Brexit, US visa headwinds to drag Q3 revenues of IT sector down

Brexit, US visa headwinds to drag Q3 revenues of IT sector down

Fri, Jan 06, 2017

While Q3 is a weaker quarter for the IT sector, headwinds such as a muted macro economic environment, Brexit and the US visa concerns are expected to hit earnings during this quarter.

Nasscom meets GST Council on concerns over implementation

Nasscom meets GST Council on concerns over implementation

Tue, Jan 03, 2017

Cautioning that current form of GST implementation could pose serious challenges for IT sector, industry body Nasscom on Tuesday met the GST Council to express concern on tax treatment of software and make a case for 'single registration' under the new regime.

'IT sector in Gujarat may attract Rs 2 lakh crore investment by FY21': Assocham

'IT sector in Gujarat may attract Rs 2 lakh crore investment by FY21': Assocham

Tue, Jan 03, 2017

Total outstanding investments attracted by Gujarat in the information technology (IT) sector may cross Rs 2 lakh crore by financial year (FY) 2020-21 from over Rs 35,000 crore in financial year 2015-16, industry body Assocham said on Tuesday.

Indian IT sector slumps as fears of Donald Trump's victory comes true

Indian IT sector slumps as fears of Donald Trump's victory comes true

Wed, Nov 09, 2016

As Republican Nominee Donald Trump was elected as the 45th US President, Indian IT stocks reacted adversely as it meant more uncertain times for the sector is closely connected with the US market.

IT-enabled power distribution to save Rs 10,000 crore annually

IT-enabled power distribution to save Rs 10,000 crore annually

Sun, Sep 18, 2016

Government aims to save as much as Rs 10,000 crore annually by leveraging information technology to ramp up its power distribution network in urban towns by January 2019.

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