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Tag: IT & BPO

TCS to take less staff from US clients as it builds BFSI muscle

Tata Consultancy Services (TCS), India’s largest IT outsourcing firm, will take on fewer employees from clients in the banking and financial services sector in the United States as it builds scale and capability in platform business.  In the past one year, TCS signed three mega deals in the insurance totaling […]

Top IT companies have over $2 billion in tax disputes

Tata Consultancy Services, Cognizant, Infosys, and Wipro have about $2 billion in tax disputes pending in India, largely over differences in calculating incentives for export-oriented units and distribution of dividend taxes to investors.  These companies are fighting cases related to tax incentives that they have claimed under the Software Technology […]

TRAI fines telcos for not meeting service quality norms

Telecom Regulatory Authority of India (Trai) has imposed penalties on leading operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular for failing to meet various Quality of Service benchmarks in the December quarter, according to a source.  Around Rs 31 lakh fine has been imposed on Reliance Jio, whose […]

Microsoft, 300 employees are threatening to resign

Over 300 employees protested the software makers work with Immigration and Customs Enforcement (ICE) and said company to stop working with the agency. The reason behind this ICE has been separating parents and their children at the border with Mexico.    The employees said:“As the people who build the technologies that Microsoft […]

Jobs drying up in IT cos and BPOs

The chairman of All India Council for Technical Education (AICTE) Anil Sahisrabuddhe said that the job scenario in large-scale industries is stagnating but small and medium enterprises hold out hope. There is a steep decline in IT and BPO, IT sector registered a 32% decline in job offers followed by BPO sector […]