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IT companies may shed 30,000-40,000 mid-level staff: TV Mohandas Pai The former Chief Financial Officer of IT major Infosys Ltd termed these job losses as once-in-five-years normal phenomenon with maturing of the industry.Pai said about 80% of those who lose jobs would have employment opportunities in industries in general if they are specialists
Indian IT stocks beaten by stronger rupee - Reuters News
IT stocks Infosys Ltd, Tata Consultancy Services and HCL Technologies fall between 1% and 1.5% as their Nifty sub-index .NIFTYIT falls for second straight session. Rupee strengthens 0.1% against USD to 71.3462 as of 1100 l...