Infosys and Cognizant saw attrition cross 20%, implying that they are now losing a fifth of their workforce.
The move to shift thousands of workers prompted Premji to meet Karnataka CM Kumaraswamy to seek help.
Wiproaid this settlement is for the release of all claims under the lawsuit with National Grid US.
Justice Srikrishna-led panel sought a balance between data localisation and controlled cross-border transfer of certain data.
“Organisations are starting to realise the importance of managed training services and a number of Indian organisations realising that there are certain companies who can probably do it better,” said
HCL Technologies, the $7.84-billion IT company, continues to bet big on its intellectual property (IP) driven business.
The RPG-Group owned mid-tier tech services firms said this acquisition would add capabilities to provide digital marketing services for clients in the US, its largest market.
India, the third largest data centre services market in Asia, is seeing significantly higher data use as large technology services firms shift to cloud services for mobile internet, e-commerce, internet of things (IoT).
On Monday, Atos announced it was buying Syntel to expand its scale in North America, especially among banking and financial services clients.
One of Wipro’s tax dispute is pending for more than 30 years (since FY 1985-86) and the company has over Rs 1900 crore in tax disputes, according to its annual report.
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