[AI] Indian IT's top 20 employers
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Fri Jul 30 10:27:46 EDT 2010
Indian IT's top 20 empl
The recruitment front is once again buzzing in Indian IT. After months
of budget cutting and so-called rightsizing, hiring seems to be back
with vengeance at IT companies. Almost all IT companies have revised
their hiring targets.
As the companies announce their first quarterly results, we take stock
of their hiring in the fiscal year 2009-10. IT industry body Nasscom
has released its annual list of Top 20 IT-BPO Employers in India
during the year.
Here's over to the biggest Indian IT/BPO employers during fiscal 2009-10.
Tata Consultancy Services
ttle surprising that topping the list of biggest IT employers in India
is the country’s numero uno IT services company Tata Consultancy
Backed by a robust financial performance in the first quarter
(April-May-June), TCS has raised its hiring target. The company now
plans to hire 40,000 this year, higher than the around 30,000 it had
projected earlier this year.
The company in the Q1 added a net 3,271 employees, raising its total
strength to 163,700.
Next on the list is the country’s second biggest software exporter
Infosys Technologies. At the end of June 2010, the company and its
subsidiaries had 114,822 employees as against 103,905 a year ago and
113,796 at the end of fourth quarter (Jan-March).
During the first quarter 7,833 employees quit Infosys for various
reasons, including involuntary attrition. The gross addition during
the first quarter was 8,859 people, while the net addition was 1,026
only. The attrition rate in Infosys shot up to a whopping 16 per cent
during the quarter (April-June
At no. 3 is the India's third-largest software services exporter Wipro
Technologies. During the June quarter, the company added 4,854
employees taking the total headcount to 1.12 lakhs.
The company also announced that it plans to add as many as 20,000
employees in the next three years. In the month of Feb, the company
gave a pay hike in the 8%-12% range with some even getting a 15%
However, like its peers, Wipro too suffered high attrition rate during
the quarter. The attrition rate at Wipro jumped to 15.8 per cent
during the first quarter (April-June) of this fiscal (2010-11) from
9.8 per cent in like period year ago (2009-10) and 12.1 per cent
Cognizant Technology Solutions India Pvt Ltd
Nasdaq-listed Cognizant Technology Solutions Corporation, a leading
provider of information technology, consulting, and BPO services,
ranks at no. 4 on the list of India’s biggest IT employers. With over
50 global delivery centers, the company has approximately 80,300
employees as on May 4, 2010.
At the recent annual Nasscom HR Summit 2010, R Chandrasekaran,
President and Managing Director, Cognizant, said that during 2009,
nearly $1.4 million was spent on training activities. The average
training period for an existing employee was two weeks.
Next on the list of biggest IT employers is India's fifth largest
software services exporter HCL Technologies Ltd.
The Noida-based company, which follows a July-June financial year,
said that it added 6,428 employees in the June quarter taking its
total headcount to 64,557.
Sixth biggest IT employer on Nasscom's list is Genpact. As of June 30,
2010, total headcount at Genpact stood at approximately 42,500
employees worldwide, an increase from 37,400 as of June 30, 2009.
The attrition rate for the six months ended June 30, 2010, was 26%, up
from 22% for the same period in 2009.
MphasiS Ltd is at the seventh spot on the country’s biggest IT
employers’ list. For the quarter ended 30 April, 2010, the company
added net headcount of 1,429 during. The total headcount stood at
37,119 as of 30 April, 2010.
In December 2009, MphasiS gave a recompense bonus of 10% to all its
employees. The company replaced its annual salary increment for its
staff with a one-time bonus in order to ensure more variability in its
employee wage bill.
Intelenet Global Services
Eight biggest IT employer in the country according to the list is
Mumbai-based Intelenet Global Services Ltd, a third-party BPO company.
One of the largest BPO employers in India, the company has
approximately 32,000 employees as of June 2010.
The company recently figured in 'The Economic Times - Great Place to
Work Survey 2010' at the 20th spot. The survey revealed that the
company has made efforts to ensure that along with adequate
facilities, work-life balance is also maintained via fun at work
>From having a two-week Employee Appreciation Programme where the
employees' families are invited to take part in the activities to
having facilities like a gym, diet and nutrition sessions and
counsellor onsite, the company places employee happiness on its high
The 9th biggest IT employer in India is Tech Mahindra. Tech Mahindra
is a joint venture between Indian auto major Mahindra & Mahindra and
the BT group.
During the first quarter (April-June) of the current fiscal, the
company hired 1,743 employees taking its total headcount to 35,267.
The company plans to offer salary hikes in the current quarter.
However, it said that hikes will hurt its margins.
At No. 10 is Essar Group's back office Aegis BPO. With presence in
over 42 global locations, the company boasts of strong employee
strength of over 39,000. The company is headquartered in Mumbai.
Capgemini Consulting India Pvt Ltd
Next on the Nasscom's list is Capgemini Consulting India Pvt Ltd. In
India, Capgemini has over 20,000 employees working across seven
locations in Mumbai, Hyderabad, Bangalore, Chennai, Kolkata, Pune and
It has over 90,000 people in North America, Europe, and the Asia
WNS Global Services (P) Ltd
At No. 12 is the Nasdaq-listed second biggest BPO firm in India, WNS
For the first quarter, the company reported revenues of $150.0
million, up 12.7% from the corresponding quarter last year and down
4.8% sequentially. The company's global headcount stood at 21,406 as
of June 30, 2010.
The 13th largest IT employer in India is Firstsource Solutions Ltd,
country's leading pure-play BPO company.
As of June 30, 2010, the company had an employee strength of 24,697.
For the first quarter, the annualised attrition for offshore (India/
Philippines) was 55.4% compared to 43.5% in Q4 FY2010.
The company has reported a consolidated net profit at Rs 32.1 crore as
against Rs 35.6 crore (QoQ). Consolidated net sales declined to Rs
475.9 crore from Rs 500.8 crore (QoQ).
CSC India Pvt Ltd
NYSE-listed Computer Sciences Corp is the 14th largest IT employer in
India. India is CSC's largest world sourcing location outside the US.
The company reportedly has more than 16,000 employees in India. The US
technology services provider has about 92,000 employees globally. For
the fourth quarter ended April 2, the company's net profit declined
32% to $259 million, or $1.66 a share, while revenue rose modestly to
At No. 15 on the Nasscom's employers list is IT major 3i Infotech. The
company has two main lines of businesses -- IT solutions (services and
products) and transactions services.
The company clocked a 6.8% growth in its Q1 FY11 revenue at Rs 643.37
crore. Currently the company has more than 15,000 employees on its
Hinduja Global Solutions
BPO services provider Hinduja Global Solutions is the 16th largest IT
employer in India.
For the quarter and year ended March 31, 2010, the company's headcount
was 15,615 as against 13,913 associates at the start of the quarter
and 13,787 as of March 31, 2009. During the fourth quarter, the
company started operating through its new centres in Manila in the
Philippines and Nagercoil in India.
As on March 31, 2010 the company had Rs 6,481.2 million cash & cash
At No. 17 is the wholly-owned IT subsidiary of Larsen & Toubro, Larsen
& Toubro Infotech.
The company offers software solutions and services to companies in
banking & financial services, insurance, energy & petrochemicals,
manufacturing and telecom sectors.
The company reportedly has employee strength of over 11,500.
Patni Computer Systems
Mumbai-based Patni Computer Systems is the 18th largest IT employer in
India. Patni derives major revenues from the US, followed by Europe,
West Asia & Africa and Asia-Pacific.
Patni Computer Systems which has posted a 7.9% rise in net profit
added 934 employees in the second quarter, taking its staff count to
14,893 at the end of June.
The company's attrition rate, excluding business process outsourcing
workers, surged to 21.5% in the second quarter from 17.7% in
January-March and 13.2% a year earlier.
Exl Service.com (India) Pvt Ltd
Exl Service, leading provider of outsourcing and transformation
services, is 19th biggest IT employer in India. As on March 31, 2010
the company's India employee strength was over 11,500.
For the year 2010, the company has given a revenue guidance of between
$225 million to $230 million.
Aditya Birla Minacs
The BPO venture of Aditya Birla group, Aditya Birla Minacs, is at the
20th spot on the biggest employers list.
Last year the company announced its plans to add 3,000 employees in
the coming six months. Currently, its employee strength stands at
approximately 13,000 based out of various locations in North America,
Europe and Asia.
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