IT Services Companies Subcontracting Costs Rise As Demand Picks Up
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Updated Jan 19, 2021 | 19:57 IST
News headlines for January 19, 2021: Team India scripted history on Australian soil by beating the hosts 2-1 in the Test series to retain the Border-Gavaskar Trophy. Indian players celebrate with their trophy after defeating Australia by three wickets on the final day of the fourth cricket test at the Gabba.  |  Photo Credit: AP
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New Delhi: It was truly a thunder Tuesday of news as Team India scripted history on Australian soil by beating the hosts 2-1 in the Test series. Also, Bharat Biotech warned people with medical conditions not to get vaccinated. Below are the day’s biggest headlines:
As demand picks up, top 4 Indian IT services firms double hiring in Q3
The spurt is being driven by clients cutting costs, migrating to the cloud, going in for a digital transformation and the IT services companies hiring more in anticipation of an increase in attrition January 19, 2021 / 11:29 AM IST
The top four Indian IT firms made a net addition of about 36,000 employees during the quarter ended December 31, 2020, more than doubling their recruitment in the previous quarter.
According to executives from the companies, the increased hiring comes at the back of a healthy deal pipeline and robust growth momentum projected for the coming months.