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Mindtree board to meet today to discuss share buyback; L&T wants IT firm chairman Krishnakumar Natarajan to continue
Fp Staff •
IT services sector estimated to clock flat growth of up to 9% in fiscal year 2019-20: Nasscom
•The grouping has discontinued a 25-year-old practice of coming out with growth estimates citing the changes in the landscape which makes the job harder
Proposal to bar H-1B spouses from working in US reaches White House for final decision; move to impact 90,000
•US lawmakers, including Senator Kamala Harris, and Silicon Valley companies argue that this is not only anti-women, but also prevents talented spouses of H-1B visa holders from working in the United States.
IT sector job vacancies on the rise; Wipro, TCS ramp up hiring from campuses
Fp Staff •Wipro plans to double hiring from campuses this year as it ramps up talent to meet surge in orders from customers and address shortage seen with high attrition,
Unavailability of American tech workers forces Indian IT firms in US to hoard employees and subcontractors
Fp Staff •There were as many as 1,15,000 jobs a month available for application software developers. However, there were fewer than 32,000 recruitments.
Infosys to announce Q2 financial results today, IT major expected to report marginal growth in profitability
Fp Staff •Most brokerages are expecting Infosys' revenue in constant currency (CC) terms to come in between 1.3-2.2 percent,
Infosys shares up 1% ahead of board meet to consider buyback programme, payment of special dividend
•At NSE, shares of Infosys went up by 0.82 percent to end at Rs 675.60
Wipro starts online assessment test for new hires; Capgemini hikes freshers salary by 20%
Fp Staff •French IT firm Capgemini has raised fresher salary by 20 percent at around Rs 3,80,000
Indian IT firms in US face talent crunch, poach employees from each other to work on projects
Fp Staff •The H-1B visa, popular among Indian IT professionals, is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
IT hiring gets a fillip: Software companies bullish on employment prospects, to scale up recruitment by March 2019
Fp Staff •The hiring of tech experts is likely to be higher in the non-IT domains because of automation.