GLOBFAST NEWS
GLOBFAST NEWS
Ai botBENGALURU: HCLTech’s revenue rose by 5.9% in constant currency in the Sept quarter compared to the year-ago period. Its revenue grew by 1.6% quarter-on-quarter despite the State Street divestment. The…
Ai botIn 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…
Ai botBENGALURU: 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…
Ai botBENGALURU: IT services companies are increasingly adopting nearshoring as a strategy to be closer to their clients while finding cost-effective alternatives to onsite locations. In recent years, these firms have…
Ai botBENGALURU: HCLTech, in its recent investor presentation, said that employee costs as a percentage of revenue are higher than pre-pandemic levels. In FY24, employee benefit cost was Rs 62,480 crore,…
