TCS overtakes Infosys as the most valued IT company in India
By Muruganandham Krishnan at 18 July, 2010, 6:30 am
Less than a month after Apple overtook Microsoft as the most valuable technology company globally, we now have a change in India too. Country’s top software exporter TCS today toppled its main competitor Infosys Technologies as the most valued IT company in the country.
Shares of Tata Consultancy Services (TCS) rallied over 6 per [...]
Read More >>Infoscians .. be careful what you scribble on social networking sites – Infosys social media policy!
By Manoj Govindassamy at 16 July, 2010, 10:17 am
Infosys Social Media Policy helps Infosys take legal action against employees who leak confidential company information on social networking sites like Orkut, Facebook, Twitter, Linked In, etc., Seems, few employees have made personal attacks against the company’s top management (are those attacks against Ms.Gurjar … Irked by the unwanted noise and brand spoiling act on the net, the management might have decided to design an axe – the Infosys social media policy and we have to wait and watch if these new restrictions can keep the infoscians growling…
Read More >>Infosys : Fast growth, Record-high shares & non-urban hiring
By Poonam Singhal at 13 July, 2010, 9:34 am
Infosys, the second largest IT exporter of our country, is expected to report a strong 5% increase in revenue for the June 10 quarter, due to the demand recovery in the key US market. The revenue forecast rose the Infosys share to a record high of Rs 2,876. The strong client base in US has [...]
Read More >>TCS to hire 30,000 employees this fiscal: Ratan Tata
By Muruganandham Krishnan at 3 July, 2010, 3:45 am
Tata Consultancy Services Chairman Ratan Tata said the company is planning to hire around 30,000 employees this fiscal. "We estimate our manpower growth would be 30,000 new people this year," TCS’ Chairman, Ratan Tata, told shareholders at the company’s annual general meeting (AGM).
The company has 1,60,00 employees and added 16,851 professionals in Q4 of [...]
Read More >>Infosys giving out shares to all its employees – Infy 30 yrs B’day gift
By Natraj Muthukrishnan at 1 July, 2010, 9:24 am
India’s second largest IT company, Infosys technologies is entering into its 30th year this July. This indeed is a momentous occasion and to celebrate it Infosys is giving out equity shares, at a minimum of five per employee to the employees who were a part of the Infosys family as on March 31,2010. Also, the [...]
Read More >>Attrition at peak in Indian IT industry at PM level – Infosys ‘Green Channel’, HP ‘HomeComing’
By Natraj Muthukrishnan at 30 June, 2010, 9:53 am
We have spoken a lot about attrition. Ever since the market recovered globally, Indian IT companies which did not give much hike for the last two years are facing attrition at never before levels. Continuing in the same trend, IT companies these days are facing a strange trend.
Now when market has recovered globally, with renewed [...]
Top 5 IT companies in India beat recession
By Natraj Muthukrishnan at 17 June, 2010, 11:16 am
The real winners are the ones who do not perish in tough times and come out victorious in all odd circumstances. Three cheers to the Indian IT companies TCS,Infy,Wipro,HCL and Cognizant who have done extremely well in the recent recession and come out victorious.
The latest Forrester Research report says that these five firms — TCS, [...]
Infosys rejects 94% of applications it received: Jobs at Infosys
By Natraj Muthukrishnan at 3 June, 2010, 9:02 am
It is the time of the year, when college exams are over and those passed out are on the hunt for the job. India’s second largest IT company,Infosys, a dream company to many, maintained its reputation of being a dream company. It received a whooping 4,00,812 applications from prospective employees, out of which around 77,000 [...]
Read More >>Infosys, TCS & Wipro hired 20,000 employees in Jan-Mar
By Muruganandham Krishnan at 26 April, 2010, 12:59 am
The three IT giants Infosys Technologies Ltd, Tata Consultancy Servjces and Wipro hired over 20,000 employees in the January-March quarter, with improving business conditions propelling their recruitment plans.
According to human resources experts, IT and IT-enabled services are expected to see a huge jump in hiring this year and major companies in the sector have [...]
Read More >>Infosys SEZ ready to take off in Hyderabad
By Muruganandham Krishnan at 19 April, 2010, 5:45 pm
Infosys, India’s second-largest software company by market capitalization, is operating the first phase of its brand new IT special economic zone (SEZ) in Hyderabad shortly.
Though first phase to house about 10,000 employees would be fully functional in September this year, the company is planning to commission a facility with 1,000 employees in May.
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