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Friday , 28 July 2017
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Tag Archives: #IT

2 Lakh IT Jobs At Risk, But Some Hope For Laid-Off Techies

All over the world,  jobs in the IT sector are under threat due to increasing automation and new digital technologies. With nearly 2 lakh jobs expected to be slashed in the IT sector in next two years and more than 50 percent of the laid -off employees will be transferred to other opportunities, a survey said. The survey was conducted ... Read More »

Sahara’s Amby Valley receives Income Tax notice

The Income Tax department has issued a Rs 24,646-crore tax demand notice to Sahara Group’s Aamby Valley Limited after conducting a special audit of the company. During the scrutiny of records,the department, as part of a special investigation and audit into the account books of AVL, found that an income of over Rs 48,000 crore for a particular assessment year ... Read More »

Wipro sacks 600 employees after performance appraisal

The technology giant Wipro has sacked 600 employees after the performance appraisal. An unconfirmed news says that the numbers can go as high as 2000 employees. Wipro which is the 3rd largest IT Solutions provider had over 1.79 lakh employees by December 2016. Wipro said it always undertakes a “rigorous performance appraisal process” to align its workforce with business objectives, strategic ... Read More »

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