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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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Kansas Gov. allows anti-DEI bill to become law, uses veto power on other bills
TOPEKA (KSNT) - Kansas Governor Laura Kelly is letting a bill banning certain diversity, equity and inclusion (DEI) practices in higher education to become state law Friday. Kelly is using her veto power on April 19 to reject several bills while letting two others become law without her signature. She included statements in a press []
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Taylor Swift fans use clues to work out the exact dates she recorded songs on record-breaking album The Tortured Poets Department
Taylor Swift fans have been hard work since the release of The Tortured Poets Department earlier last week - with some figuring out dates that she recorded tracks off the album.