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Tags : "IT firms"

Mastek braced for recovery in the second half of FY21

After losing 40% in the two months to April, the stock of Mastek, a mid-tier IT company, has gained 58% over the past month. Of this, nearly 11% jump was during Tuesday’s trade following the company‚Äôs optimistic commentary about sustained deal flow and new opportunities amid the headwinds due to the COVID-19 pandemic. The company […]Read More

India’s top five IT firms added 25% fewer people in

India’s top five IT services firms – Tata Consultancy Services, Infosys, HCL Technologies, Wipro and Tech Mahindra added 25% fewer employees in fiscal year 2019-20, as automation picked up pace amid slower business growth. The five software services providers added a net 66,500 employees, against net hiring of 87,060 people in financial year 2018-19. They […]Read More