The great divide in tech industry: To allow or not to allow moonlighting!
While legacy IT firms like Wipro and Infosys have been transparent about their rejection to moonlighting, new-age startups and tech players hold mixed views.
infosys company
September 2022
August 2022
TCS, Infosys, Wipro hit 52-week low on rate hike concerns
The IT heavyweights have declined up to 45% in the calendar year 2022 amid concerns about earnings in the backdrop of a muted demand environment and higher interest rates.
U.S. inflation shocker hits IT stocks; Infy, TCS, Wipro, Tech Mahindra fall up to 4%
Shares of TCS, Infosys, Wipro, Tech Mahindra, HCL Tech, and MindTree dropped up to 4% in opening trade amid fear of aggressive rate hikes by the U.S. Federal Reserve.
Sensex, Nifty to fall; Infosys, JSW Steel, Bharat Forge, Adani Transmission, PVR shares in focus
The Sensex and Nifty are poised to open sharply lower, in line with global equities as higher-than-expected U.S. inflation stoked fears the Fed will raise rates aggressively.
‘No double lives’: Infosys warns employees on ‘moonlighting’
IT services giant says any violation of its Code of Conduct will lead to disciplinary action, and even termination of employment.
Premji, Nadar, Infy troika richest in IT
The biggest billionaire from the sector is Azim Premji of Wipro, followed by Shiv Nadar of HCL.
Flat opening seen for Sensex, Nifty; Adani Ent, Shree Cement, Infosys, NDTV, NTPC shares eyed
The Sensex and Nifty are poised to see a flat opening on Friday, in line with global equities, as caution prevailed ahead of the release of U.S. jobs data later tonight.
TCS employees to get 100% variable pay; stock rises
Tata Consultancy Services has clarified that there is no delay in payment of variable pay to its employees and they will get 100% for the June quarter.
Infosys share falls 2% on cutting employee variable pay for June quarter
Infosys has decided to cut the average variable payout of employees to 70%, citing margin pressure in the first quarter of the current fiscal (Q1 FY23)
Sensex, Nifty to open in red; L&T, LIC Housing, Infosys, IIFL Finance, NTPC shares in focus
The Sensex and Nifty are set to fall in opening trade on Tuesday, in line with global equities and negative trends on SGX Nifty Futures.
