Tata Consultancy Services (TCS), Infosys, Wipro, NIIT Technologies, Larsen & Toubro Infotech, KPIT Technologies, Tata Elxsi and Sonata Software were down between 1% to 2% on the National Stock Exchange (NSE).

Indeed announced the leading technology organisations to work for in India, on the basis of over 100 million ratings and reviews available on Indeed. Leading the list is Adobe Inc., followed by industry giants NVIDIA and Microsoft.

A class action suit was brought against TCS in 2015 in the US District Court, Northern District of California, Oakland division, by a US law firm on behalf of three former employees, alleging a pattern and practice of discrimination against the people of non-South Asian origin in the US.

The verdict is a major victory for the Indian outsourcing industry, whose business model depends heavily on exporting Indian engineers to the US A federal jury in Oakland, California,

Shares of information technology (IT) companies are trading higher for the third straight session, with the Nifty IT index gaining 5% so far during this period on value buying.

Tata Consultancy Services (TCS) and Infosys, from the index, are up 4% each at Rs 1,961 and Rs 663, respectively. NIIT Technologies, Mindtree, Tata Elxsi, Tech Mahindra and HCL Technologies are up in the range of 1% to 3% on the National Stock Exchange (NSE).

The company is set to go on trial in California over racial discrimination claims by American workers who lost their jobs at TCS offices in the US because they hadn’t been assigned to any of its clients.

The four companies are the major ones among others to have submitted proposals under the expression of interest (EOI) floated by the West Bengal government for setting up units in the proposed hub, said Amit Mitra, finance,