back to article Booming balance sheets for India's big four outsourcers after horrible quarter at home

India's big four IT services providers – HCL, Infosys, Tata Consulting Services, and Wipro – have all come through the country's savage second wave of COVID-19 with impressive financial results and huge appetites for hiring new talent. The four giants all featured mention of COVID-19 and its impact on their businesses in their …

  1. tip pc Silver badge

    Outsourcing profits too

    These outsourcers don’t miss a trick. Record profits and growth but at who’s expense.

    1. Pascal Monett Silver badge

      Re: Outsourcing profits too

      Well, they're companies. It's at the expense of their customers, obviously. They don't have a line on your income tax, although the government may well be using their services.

      1. Anonymous Coward
        Anonymous Coward

        Re: Outsourcing profits too

        Or the expense of their customer's customers, many of whom are from declining foreign economies (partly due to outsourcing) that are unlikely to ever balance their trade deficits.

  2. Anonymous Coward
    Anonymous Coward

    New recruits?

    Great. That’ll be 25-30,000 new staff for their customers to train up.

  3. Rich 10

    No word yet on the boiler room scam business hiring - you know that the Covid situation in India is bad when our business from cleaning computers of people conned by scammers falls 90%. If the crooks can't even work, the country is in a world of hurt. And latest reports say up to 4 million people may have died of Covid so far in India alone.

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