Five years after fire, Notre-Dame rises from ashes
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Top IT firms saw wage bills rise 5.5% even as revenue growth dips
Tata Consultancy Services (TCS), Infosys and Wipro saw their wage cost in FY24 increase by more than 5.5% on average from the previous year, even as their year-on-year revenue growth slowed, averaging 3.6%.Their cumulative wage cost went up by Rs 18,036 crore in FY24, which experts attributed to continuity in lateral hiring in high-demand areas such as artificial intelligence (AI), machine learning (ML), and cloud and engineering services, coupled with the salary increments, even though they are...
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The 5 at 5: Tuesday
Five minutes, five stories, five o’clock
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The 5 at 5: Monday
Five minutes, five stories, five o’clock