Even companies who are projecting a decline in revenues in 2020 over 2019 are looking at offering an 8.1 per cent salary increase showing how they want to offer market salary increase to keep talent engaged and reduce attrition

Chief Minister Naveen Patanik has also approved 10 per cent arrears of the 7th Pay Commission

At present, 1.2 lakh employees work in the Indian offices of Capgemini. With this, India accounts for more than half of the French IT services company's global strength

Birlasoft stated that the process of appointing a new Chief Financial Officer in under way, and the same will be communicated to the regulators in due course

Of the total movements, 27 per cent were in the CEO/MD category. Twitter India, Truecaller, McAfee India, GoDaddy, InMobi and VMW are major companies that saw such movements with the onboarding of MD and CEO level executives

According to an email received by the company's employees, the new health policy redefines 'spouse' as a partner; to cover up to 50 per cent cost of sex or gender reassignment surgery

According to the statement, 258 women participants received on an average 24 per cent higher stipend than their male counterparts

Infosys was the top loser in the Sensex pack, falling as much as 4 per cent, while shares of India's second-most valuable company TCS declined as much as 2.64 per cent in intraday trade

India's tech services sector is struggling to keep up revenues. Recently, Cognizant said it would remove 10,000 to 12,000 mid-to-senior level employees

Indian tech companies, which rely heavily on the H-1B applications for rendering services to clients based in the US, have been the most hit due to strict visa approval norms

Under Aruna Jayanthi, Capgeminis APAC and Latin American regions have reported higher growth than the other regions

According to the report, in the last twelve months, Tier -1 IT services companies that includes TCS, Infosys, Cognizant, HCL Tech, Wipro and MNCs such as Accenture and CapGemini have added nearly $9 billion in incremental revenue