LIRC@SFIT

Bengaluru : Indian IT firms may see revenue growth in fiscal 2020 to be as strong as or better than the previous year, looking at the commentary of global peer Accenture which raised its forecast on the back of increasing client budgets for outsourcing and consulting deals.  Last week, Accenture raised its revenue growth forecast to a range of 6.5-8.5% from 6.0-8.0% for the year ahead, as their customers globally continue to spend on new technologiesNSE 2.65 % to improve services.  Read more at: //economictimes.indiatimes.com/articleshow/68663896.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

HIRING SEASON Major information technology firms offer ₹40L package a year MUMBAI: After a two-year slump, the city’s engineering colleges are seeing a rise in offers and pay packages from information technology (IT) companies, with some even touching ₹40 lakh. While IT firms such as Accenture, Larsen and Toubro (L&T) Infotech, Capgemini and Infosys are hiring students in bulk, Tata Consultancy Services (TCS) and Wipro opted for a pan-India centralised recruitment process. “We are witnessing a surge in demand for IT and computer science graduates compared to last year. There has been an unusual growth in packages, which wasn’t seen in the past decade,” said Gopakumaran Thampi, principal, Thadomal Shahani Engineering College (TSEC), Bandra. Here’s an example: Accenture made 178 offers at the KJ Somaiya College of Engineering this year, up from 130 and 140 offers in 2016-17 and 2017-18, respectively. The recruitment figure for the company was much higher – 301 – in 2015-16...