Mumbai: Equity benchmark indices Sensex and Nifty ticked higher to close at fresh all-time high levels on Thursday, following buying in market heavyweights ICICI Bank, Infosys and TCS amid a largely positive trend in global equities. The 30-share BSE Sensex scaled an intraday record high of 80,392.64 in early trade. Mcap on BSE rose by … Read more
The previous financial year, 2023-24, marked a bleak phase in domestic IT services hiring, with headcount and job offers declining amid muted global demand for software services and advances in artificial intelligence. But the tide appears to be turning in terms of both business and recruitments for India’s $245-billion IT services industry, according to industry … Read more
IT sector companies will kick off the earnings season for the first quarter of FY25, with Tata Consultancy Services (TCS), Infosys, Wipro, and others leading the way in announcing their Q1FY25 results. The earnings of the IT services sector for the April-June 2024 quarter is expected to be a mixed bag with sluggish revenue growth … Read more
New Delhi: Major sectors such as pharma/biotech (6 per cent), AI-ML (20 per cent) and fast-moving consumer goods (FMCG) (12 per cent) showed positive growth in hiring activity in the month of June, a new report showed on Monday. According to the Naukri JobSpeak Index, hiring in the pharma/biotech sector showed resilience, with notable growth … Read more