Management commentaries across large & midcap players suggest some pricing power has come back to the IT-services industry, at least for niche skills.
With a market capitalisation of Rs 13.84 lakh crore, Reliance Industries is the most valued firm
Most of the top IT services companies in India are giving 100% variables for the first quarter of fiscal 2022 and even better pay hikes
At the close of trade, the market capitalisation (mcap) of Tata Consultancy Services was Rs 13,14,051.01 crore on BSE
The 30-share index rallied 318.05 points or 0.58% to end at all-time peak of 54,843.98
As of June quarter, the company's net headcount stood at 3,538, while attrition rate was close to 15%
Tata Consultancy Services, Deloitte, KPMG, PwC etc. have expressed interest in rolling out India's vaccination platform CoWin in other countries.
Historically, large IPOs result in temporary upheavals and liquidity challenges in the market
Not just Infosys, other IT companies are also drawing up robust hiring plans with a boom in digital deals.
TCS, Infosys and Wipro have rolled out a round of lucrative hikes and have made announcements for one more