Indian It Sector News - Latest Updates & Headlines
Infosys headcount rises for 3rd straight quarter, adds 6,388 employees in FY25
Mumbai, April 17: IT major Infosys on Thursday announced that it has added 6,388 employees in FY25, taking its total headcount to 323,578, compared to 317,240 in the previous financial year.
TCS delays salary hikes amid global uncertainty
Mumbai, April 12: IT services major Tata Consultancy Services (TCS) has delayed salary hikes, as the management remained uncleared on the increment cycle amid global uncertainty arising due to US tariffs.
Rising global headwinds to slow Indian IT sector momentum in FY26: Nomura
New Delhi, April 12: Rising macroeconomic uncertainties will impact the growth of information and technology (IT) companies in the financial year 2026 (FY26), Nomura said in its latest report.
TCS adds 625 employees in Q4, reversing workforce decline from last quarter
Mumbai, April 10: IT services major Tata Consultancy Services (TCS) on Thursday announced it has added 625 employees on a net basis during the fourth quarter (Q4) of FY25, reversing the previous quarter’s workforce decline.
India's IT services companies to report subdued growth during 4QFY25: Report
New Delhi, April 5: India's information technology sector is expected to report subdued growth for the fourth quarter of FY25 (January-March period), according to a report by Systematix Institutional Research.
Indian IT services to log 6-8 pc growth once again in fiscal 2026: Crisil
New Delhi, March 27: The Indian information technology (IT) services sector is projected to sustain its 6-8 per cent (in rupee terms) growth in fiscal 2026, amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, a report said on Thursday.
Tariffs and counter-tariffs have infused more uncertainty in IT sector: JM Financial
New Delhi, February 27: Rising trade tensions and economic uncertainties are adding new challenges for the IT services sector as tariffs and counter-tariffs have increased market instability, while inflation concerns and delays in interest rate cuts have worsened the outlook, according to a report by JM Financial.
Rate cut uncertainty, escalating tariff wars to delay Indian IT sector recovery: Report
New Delhi, February 16: Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.
TCS posts 12 pc rise in Q3 net profit, declares special dividend of Rs 66 a share
Mumbai, Jan 9: Tata Consultancy Services (TCS), India’s biggest IT software company, on Thursday reported a 12 per cent increase in net profit to Rs 12,380 crore for the October-December quarter of 2024-25, compared to the same period in previous fiscal.
TCS reports employee headcount drop by 5,370 in Q3
Mumbai, Jan 9: IT services major Tata Consultancy Services (TCS) on Thursday reported a drop in its employee headcount by 5,370 in the third quarter this fiscal (Q3 FY25), which is a reversal after two consecutive quarters of headcount growth.
TCS registers 12% profit growth in Oct-Dec quarter, revenue up 5.6%
New Delhi, January 9: IT services major Tata Consultancy Services (TCS) has reported a 12 per cent jump in net profit in the just-concluded October-December quarter, its earnings released Thursday showed.
IT companies gears up for Q3 results with tier 1 companies to report modest revenue growth: Report
New Delhi, January 4: As the quarterly results season begins next week, the Indian IT services sector is preparing for a mixed performance in the third quarter of FY25, a period traditionally considered weak due to seasonal furloughs, according to a report by Centrum.