<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…
The top Indian IT outsourcing companies have experienced a significant reduction in their bench strength within a short period. However, this may not necessarily be a negative development for these global services leaders. By leveraging higher utilization rates and generative artificial intelligence (GenAI), they are able to drive efficiencies throughout their talent hierarchy as the…
Infosys Q4 results: India’s second largest IT services company, Infosys, on Thursday reported a consolidated net profit at Rs 7,969 crore, a growth of 30% year-on-year, for the fourth quarter of the financial year 2023-24. According to Reuters, the company reported revenue growth of 1.3% year-on-year, amounting to 379.23 billion rupees ($4.54 billion) for the…
Good news for IT sector job seekers! Technology talent demand surged to a new high in February, sparking hopes of recovery in the IT services job market. In February, hiring mandates for IT professionals reached 124,000, a significant 50% increase from January and 33% higher than December, according to data from Xpheno, a staffing firm.However,…
