The Economic Times

Shilpa Phadnis

  • HCL Tech to double fresher hiring

    HCL Tech to double fresher hiring

    “Beginning this fiscal, we have also increased the compensation by 15-20% for all those we take in at the management and technical cadre,” said chief human resources officer Apparao V V. The bulk of the hires will get annual salaries of Rs 3.6-3.8 lakh.

    FPIs cut stake in Infy, raise in TechM, TCS

    FPIs cut stake in Infy, raise in TechM, TCS

    Foreign fund managers have cut their stake in Infosys at a time when two whistleblower complaints hit the software major. In comparison, during the same period, these fund managers increased their stakes in Tech Mahindra and TCS, while in Wipro and HCL Tech their stakes were almost unchanged.

    Staff takeover deals in IT see retention perks

    Staff takeover deals in IT see retention perks

    Indian IT has seen about a dozen such contracts in the past two years as clients seek their expertise for digital transformation. HCL took over the IT operations of Barclays and Broadcom, TCS of Transamerica, Wipro of Alight, and Infosys of Hitachi and Verizon.

    Union-busters help IT companies manage conflicts

    Union-busters help IT companies manage conflicts

    Google contractor HCL Technologies had enlisted management consultant Eric Vanetti of Vantage Point Alliance to “create awareness” among employees to cast their votes against unionisation. Vanetti’s Twitter bio read that he’s an expert in workforce solutions and union avoidance.

    Nasscom was 3rd biggest tech lobbyist in US in 2019

    Nasscom was 3rd biggest tech lobbyist in US in 2019

    Nasscom’s lobbying spends have risen significantly since 2015. It fluctuated between $40,000 and $150,000 between 2010 and 2014. But the tightening visa environment in the later years of US president Barack Obama and then Donald Trump appears to have compelled India’s IT industry to strengthen lobbying.

    DevOps offers highest tech pay: Study

    DevOps offers highest tech pay: Study

    The median salary for devops specialists is $125,000 in the US, while their Indian counterparts get $15,000 for commensurate skills. In the UK and Germany, it’s $60,000.

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