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Brand Finance: Tata Group followed by Infosys is India's most trusted brand

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According to a report, Tata Group has held its lead as the most valuable brand in the country, with its brand worth increasing by 12% to $24 billion. Infosys is the second most valuable Indian brand, with a 52% increase. According to a research by brand valuation consultant Brand Finance, Tata Group has held its lead as the most valuable brand in the country, with its brand value increasing by 12% to $24 billion. According to the study, the Tata Group expanded its strategic business and leadership objectives through global brand building operations. In its annual Brand Finance India 100 rating, it compiles India's top 100 most valuable and powerful brands. Infosys is the second most valuable Indian brand, with a 52% increase. According to the analysis, the Infosys brand grew significantly during the pandemic, with its brand worth jumping from around $7.1 billion pre-pandemic to its present value, an increase of 80 percent. Furthermore, despite a decline in ranking to th...

Infosys, TCS, to hire over 90K employees in FY22; WFH to continue

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Two top IT companies have announced their hiring plans for the current fiscal. TCS would add 40,000 personnel in FY2022, while Infosys expects to hire up to 50,000. At a time when the information technology sector is experiencing high attrition rates in the midst of a dynamic environment with high demand, organizations are increasing their fresh recruiting and striving to reduce attrition. TCS , India's largest IT services business, intends to hire 40,000 more staff. Infosys, another IT behemoth, plans to add up to 50,000 people in the current fiscal year. The attrition rate at Infosys increased to 27.7 percent in the March 2022 quarter, up from 25.5 percent in the December 2021 quarter. TCS attrition was 17.4 percent in the fourth quarter of 2021-22, compared to 7.3 percent in the same period last year. TCS attrition was 15.3 percent even in the December 2021 quarter. TCS Management stated that while the numbers are high over the previous twelve months (LTM), th...