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TCS, Accenture, Infosys lead LinkedIn’s list of best workplaces in India
Economic Times
·
3m ago
Medial
LinkedIn’s 2025 list of Top Companies in India highlights the best workplaces for career growth, emphasizing IT firms like Tata Consultancy Services (TCS), Accenture, and Infosys. These companies are recognized for promoting career advancement, skill development, and long-term success. The list considers factors such as employee promotions, skill acquisition, and retention. It underscores the need for adaptability, noting that 70% of job skills may evolve over five years. Companies like Amazon and Oracle also feature in the top 25.
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TCS, Infosys trail Accenture, global rivals in race for AI-project bookings
Livemint
·
1y ago
Medial
Indian IT services companies Tata Consultancy Services (TCS) and Infosys are lagging behind global peers such as Accenture and IBM in the number of artificial intelligence (AI)-related projects, according to US research firm Information Services Group (ISG). TCS had 300 AI projects and Infosys had 200, whereas Accenture had 2,250 and IBM had 1,000. Analysts attribute the gap to the foreign companies' earlier start in AI client engagement and a more aggressive approach in marketing their projects. However, it is important to note that the data only includes five pure-play IT services companies, with only two being Indian.
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Why tech workers are earning less for their employers
Livemint
·
1y ago
Medial
The revenue contributed by each employee in top IT services companies such as TCS, Infosys, Wipro, HCL Technologies, Accenture, and Cognizant has been steadily declining since the end of the COVID-19 pandemic. The increase in offshoring and preference for the offshoring model by clients has led to lower billing per employee and subsequently reduced revenue. HCL Tech witnessed the highest Revenue Per Employee (RPE) at $58,532 but also saw the steepest drop of 12.5%. Infosys, on the other hand, reported a 3% increase in RPE. The impact of offshoring has also affected foreign companies like Accenture, which experienced a 3% decline in RPE between FY19 and FY23. Profitability per employee has also decreased for most companies except for Accenture. Wipro experienced the largest drop in profitability per employee due to lower margins after the acquisition of Capco. The depreciation of the Indian rupee against the US dollar did not aid profitability either.
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Infosys only Indian company in top 100 TIME World's Best Companies list
Livemint
·
1y ago
Medial
Indian IT major Infosys has been included in the top 100 list of the World's Best Companies of 2023 by TIME Magazine and Statista. With an overall score of 88.38 out of 100, Infosys ranked 64th on the list. Microsoft, Apple, and Alphabet (Google owner) secured the top three spots. In terms of sustainability, Infosys secured the 135th rank while its employee satisfaction ranked 103rd. Among the top three professional services companies worldwide, Infosys has shown strong growth.
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Mcap of 8 of top-10 most-valued firms jumps Rs 1.83 lakh cr; TCS, Infosys biggest gainers
YourStory
·
1y ago
Medial
Eight out of the top 10 most valued companies in India witnessed a significant increase in their market valuations last week. Tata Consultancy Services (TCS) and Infosys were the major gainers, following a rally in equities. The market capitalization of TCS rose by Rs 38,894.44 crore, while Infosys added Rs 33,320.03 crore. Reliance Industries, ICICI Bank, Life Insurance Corporation of India (LIC), Hindustan Unilever, ITC, and State Bank of India also experienced notable gains. However, HDFC Bank and Bharti Airtel witnessed a decline in their market valuations.
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TCS, Infosys, Wipro's hiring: Top IT firms hire 13,500 in FY25; Infosys leads on wage hikes
Business Today
·
3m ago
Medial
TCS, Infosys, and Wipro have employed a combined total of 13,553 employees for FY25, with Infosys leading in wage hikes starting January. TCS and Wipro are deferring their wage increase announcements. For FY26, Infosys aims to hire over 20,000 freshers, while TCS plans a similar or slightly increased intake compared to FY25's 42,000 recruits. Wipro is expected to maintain its hiring pace, although specific targets are not confirmed.
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TCS, Infosys report dip of about 12,000 employees in Q3
Economic Times
·
1y ago
Medial
India's top IT majors Tata Consultancy Services (TCS) and Infosys reported a decrease in their headcount by a total of 11,781 employees in the fiscal third quarter. TCS saw a sequential headcount reduction of 5,680 employees, while Infosys reported a dip of 6,101 employees. TCS ended the period with 603,305 employees, while Infosys had 322,663 employees. Both companies experienced attrition rates lower than the previous quarter. Despite the reduction in hiring, the IT sector is expected to onboard 32% fewer engineering graduates in fiscal 2024 compared to the previous year.
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Adani Group, HCL Tech, Infosys, among top Indian firms in TIME’s world’s best companies of 2024; Check full list | Mint
Livemint
·
10m ago
Medial
Indian companies such as HCL Tech, Infosys, and Wipro have made it to TIME's World's Best Companies list for 2024. HCL Tech secured the highest position among Indian companies, followed by Infosys and Wipro. Other Indian firms on the list include Mahindra Group, Axis Bank, and State Bank of India. Apple emerged as the top global company, with Microsoft, BMW Group, and Amazon also featuring prominently. The ranking considered employee satisfaction, revenue growth, and sustainability as key metrics. Microsoft and Apple were recognized for their employee satisfaction and revenue growth.
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In slow December quarter, TCS beats Infosys
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) has outperformed Infosys in the December quarter as its revenue rose by 1% sequentially, beating profit estimates. A significant portion of TCS's growth was driven by a large contract with BSNL. However, both TCS and Infosys are at risk of registering their slowest annual growth due to the global economic slowdown. Additionally, the combined workforce of both companies declined by 11,781 employees during the quarter. TCS reported a revenue of $7.28 billion and a net profit of $1.41 billion, while Infosys reported revenue of $4.66 billion and a net profit of $733 million.
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As TCS loses shine, investors place hopes on Infosys, HCLTech
Livemint
·
23d ago
Medial
Tata Consultancy Services (TCS) is losing investor confidence, with its shares declining over 20% this year due to weaker revenue growth and fewer large deals compared to rivals Infosys and HCL Technologies. While TCS trades at a lower price-to-earnings ratio, raising concerns about its competitive edge, investors are shifting their focus to Infosys and HCLTech, the second and third-largest IT services firms in India, which are displaying more favorable growth prospects.
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Zepto ranks first in LinkedIn’s 2024 list of India’s top startups | Mint
Livemint
·
10m ago
Medial
Quick commerce platform Zepto has secured the top spot in the LinkedIn Top Startups India List 2024 for the second consecutive year. The annual ranking considers factors such as employment growth, engagement, job interest, and attraction of top talent. Compliance firm Sprinto and cloud storage management platform Lucidity followed Zepto in second and third place respectively. The ranking reflects India's thriving entrepreneurial ecosystem, particularly in Bengaluru, with 14 out of the 20 startups being new entrants to the list. The inclusion of first-time categories, such as biofuel, compliance, and mental health, demonstrates the diverse career opportunities within the startup sector.
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