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Accenture warns of weaker FY24 as IT spending remains under pressure

IT services firm Accenture forecast first-quarter revenue below Wall Street targets on Thursday, as a tough economy forces clients to defer projects and scale down scope of deals ....

Tata Consultancy Services , Wall Street , It Firms , Sit Spending ,

Indian techies may be in for a long wait as IT firms defer hikes

Infosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has granted increments to junior and mid-level employees but deferred them for senior roles. TCS, on the other hand, has given an average hike of 6% to 8%. ....

Ramkumar Ramamoorthy , Ray Wang , Thierry Delaporte , Constellation Research , Persistent Systems , Salary Increments , It Firms , Pay Hike , Tech Mahindra ,

Infosys: Indian techies may be in for a long wait as IT firms defer hikes, ET Telecom

According to a TOI report, Infosys and HCLTech have chosen not to implement raises this time. Typically, Infosys announces its salary hikes in June/July, with them taking effect from April. HCLTech has opted to skip increments for mid to senior employees in this fiscal year and has postponed raises for junior employees by a quarter. ....

Ray Wang , Ramkumar Ramamoorthy , Thierry Delaporte , Constellation Research , Persistent Systems , Salary Increments , It Firms , Day Hike , Tech Mahindra ,