Despite strong Q2 numbers, large deals become scarce for IT majors

The second quarter of FY22 continued to show double digit growth for the top four IT services providers, with every vertical and geography growing well, even though the total contract value (TCV)......

Covid-19 crisis: $30-billion headache for IT companies

According to outsourcing advisors and experts, while almost half of the deals are likely to see delay, the others are expected to be renewed at a lower price as enterprises ask for discounts in......

Top 3 IT firms lose $31 bn in a fortnight

Stock market crash: TCS sheds $21 billion in market capitalisation, Infosys $7 billion and Wipro around $3 billion. Illustration: Uttam Ghosh/Rediff.com Top three IT services firms of the country......

IT firms breathe easy as Trump softens tone

The US government should not only look at salary, but also focus on skills while making immigration reforms US President Donald Trump’s proposal for immigration reforms to encourage......