India’s IT sector is reportedly gearing up for a significant increase in campus hiring this fiscal year. According to a report in Economic Times, quoted industry experts, IT campus hiring is expected to surge 20-25% this fiscal, backed by growing demand for talent in AI, cybersecurity, cloud computing, and data analytics. After a slowdown in…
In recent years, salary increases have become less predictable in the IT sector. (AI image) The traditional April-June period for salary increases within many IT companies has shifted to the third quarter of the year, creating uncertainty as the process now depends on the demand outlook. In recent years, salary increases have become less predictable,…
BENGALURU: The timing of salary increases within many IT companies has shifted from the traditional April-June period to the third quarter of the year, introducing a level of uncertainty as the process is now influenced by the demand outlook. Salary increases have become more unpredictable in recent years, with the frequency and timing of these…
<p>The Indian IT industry experienced a turning point in the June quarter, with several companies reporting net headcount additions. (AI image) <br></p> Indian IT sector to see hiring revival: The IT services sector is poised for a significant resurgence in fresher hiring this year, with estimates suggesting a nearly twofold increase in entry-level recruitment compared…
A senior analyst at HCLTechnologies Ltd. passed away after suffering a cardiac arrest at the company’s office in Nagpur. Nitin Edwin Michael, 40, was found unresponsive in the office washroom around 7 pm on Friday evening. His colleagues immediately provided emergency care at the on-site clinic before rushing him to All India Institute of Medical…
A senior analyst at HCLTechnologies Ltd. passed away after suffering a cardiac arrest at the company’s office in Nagpur. Nitin Edwin Michael, 40, was found unresponsive in the office washroom around 7 pm on Friday evening. His colleagues immediately provided emergency care at the on-site clinic before rushing him to All India Institute of Medical…
HCLTech CEO C Vijayakumar has become the highest paid Indian CEO. According to the company’s annual report released on July 22, Vijayakumar’s remuneration for the fiscal year 2024 jumped to around Rs 84.16 crore, a 190.75 per cent year-on-year increase. As stated in the annual report, Vijayakumar earned a base salary of around $1.96 million…
Tata Consultancy Services (TCS) recently reported a close to 70% of employees returning to office after the company linked variable pay to attendance. IT major HCLTech, however, has no plans to do the same. In an interview with Money Control, chief executive officer C Vijayakumar said that the company has “no such plans to link…
