Tag: IT firms

IT firms in Hyderabad told to gradually ramp up operations

NEW DELHI: With the information technology companies in Hyderabad allowed to resume operations with 33 per cent workforce following relaxations in Covid-19 lockdown norms, the police on Saturday asked them to gradually ramp up their work without rushing. The IT/ITES companies were asked to follow a staggered ramp-up plan to reach this 33 per cent […]

IT firms’ buybacks hamper their future business investment: Moody’s

NEW DELHI: Share buybacks by information technology (IT) firms in the country impede their ability to invest for their future business needs, global ratings agency Moody’s Investors Service said Wednesday. It can be noted that the last few years have seen a high number of share buybacks from the country’s cash-rich IT companies. “High levels […]

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