Redington shares rally 15% after Q1 profit surges 77%; revenue rises 35% YoYRedington Ltd shares surged after the company reported a strong Q1 FY27 performance, with net profit jumping 77% YoY to Rs 486 crore on rec...
30 Jul, 2026, 11.02 AM IST
Majority of stakeholders oppose bringing cloud services under Digital Competition Bill: StudyCUTS International (Consumer Unity & Trust Society) released two reports examining the competitive dynamics of India's cloud services marke...
30 Jul, 2026, 09.25 AM IST
Microsoft set for $190 billion market value swing after earnings results, options indicateThe tech company's options imply a move of about 6.6% in either direction after the company reports fourth-quarter results. By comparison, ...
30 Jul, 2026, 12.31 AM IST
Cognizant lifts annual profit forecast on strong financial services growthCognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...
29 Jul, 2026, 09.08 PM IST
AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, NexusFounded by Indian entrepreneurs Nitin Jayakrishnan and Abhijeet Manohar, the San Francisco-headquartered startup has been operating in stea...
29 Jul, 2026, 06.30 PM IST
Cognizant forecasts weak quarterly revenue amid cautious client spendingCognizant Technology has revised its third-quarter revenue projections, now falling short of Wall Street's expectations. The cautious stanc...
29 Jul, 2026, 06.23 PM IST
Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the waveHang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging art...
29 Jul, 2026, 01.58 PM IST
Tata Communications takes the Google Duplex playbook to India’s small and medium businessesThe company is betting that subscription-based AI agents, built for specific business tasks instead of replacing call-centre workers, can h...
29 Jul, 2026, 11.30 AM IST
AI costs heat forcing vendors to rethink pricing: Pegasystems executiveUS-based enterprise software company Pegasystems, whose customers include many of the world's largest banks, is betting that outcome-based ...
29 Jul, 2026, 06.00 AM IST
Shop-floor AI drives Zebra’s India plansBots on the Shop Floor Zebra Tech CEO Bill Burns explains to Suraksha P how frontier AI models complement, rather than replace, frontline w...
28 Jul, 2026, 06.01 AM IST
AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
28 Jul, 2026, 06.00 AM IST
Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
27 Jul, 2026, 09.59 AM IST
Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
25 Jul, 2026, 08.24 AM IST
OpenAI agents have lifted support resolution 50%, cut turnaround time 80%: Cars24 CEOCars24 has boosted customer support resolution rates by fifty percent. Turnaround time across key workflows has reduced by eighty percent. ...
24 Jul, 2026, 08.10 PM IST
SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
24 Jul, 2026, 08.25 AM IST
SAP CFO says AI must move beyond chatbot 'low-hanging fruit' before seeing returnsCompanies have poured money into generative AI but are still seeking evidence of broad productivity gains, and SAP is arguing that the re...
24 Jul, 2026, 08.23 AM IST
The AI race isn't about bigger models—it's about IndiaIndia can become the world's AI deployment hub by leveraging its software engineering workforce and enterprise IT experience. Enterprises w...
21 Jul, 2026, 11.25 PM IST