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IT Software News
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TCS reported a 9 per cent increase in net profit at Rs 12,434 crore for the January-March quarter of FY24, up from Rs 11,392 crore in the same period of the previous year.
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Indian software trade body Nasscom on Thursday dismissed widespread media reports of mass layoffs in the country`s hugely important information technology industry but warned that the sector must reinvent itself.
Hiring activity declined in May both in terms of month-on-month as well as year-on-year basis but going forward the job momentum is likely to improve, says a report.
The Naukri Job Speak Index stood at 1,736 in April 2015, recording a 9 per cent increase in hiring activity over April 2014.
Securities and Exchange Board of India (Sebi), which had last month floated a tender to upgrade the software, has also extended the time for submission of bids to January 15, 2015.
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