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Big drop! Why bench strength of TCS, Infosys, Wipro & other IT companies has fallen by around 75,000 people

Historically, companies maintained a sizeable bench by hiring in anticipation of future projects. (AI image) Indian IT sector majors – Tata Consultancy Services (TCS), Wipro, Infosys, HCL Tech, and Tech Mahindra – have seen their bench strength drop by 25% in the last two years. Bench strength acts as a traditional reserve workforce with an…

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Amid US-Iran war, India’s diesel exports see big 20% jump; petrol exports fall 33%

India’s petrol shipments dropped significantly in March, declining 33% to 8.31 million barrels. (AI image) US-Iran war impact: India’s diesel exports have climbed by 20% in March amid the ongoing Middle East conflict. The widening gap between crude oil prices and refined diesel prices have led India to ramp up diesel exports by about 20%…

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