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INDIAN SOFTWARE SERVICES INDUSTRY
CBIZ shares soar 17% after Grant Thornton agrees to buy company in $5 billion cash dealCBIZ shares surged 17% after Grant Thornton Advisors agreed to acquire the company for $5 billion in cash. The deal will create the fifth-l...- 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...
- FIIs cut stakes in 7 Nifty IT stocks. Then the index surged 16% in JulyForeign investors reduced stakes in most Nifty IT stocks during the June quarter. Oracle Financial Services Software saw the largest foreig...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
- India's AI boom is rewarding engineers more than codersIndia's AI and manufacturing push is reshaping job market, with engineers, technical support professionals and infrastructure roles seeing ...
- Samsung bets on new wearable form factors, says it will absorb rising costs to keep premium devices accessibleSamsung is exploring new wearable devices like smart glasses and rings. The company is absorbing rising component costs instead of passing ...
- How Oracle's 2012 court defeat became the heart of £270 million lawsuit against MicrosoftPerpetual software license resale: A 2012 European Court of Justice ruling that Oracle lost, establishing that perpetual software licences ...
- 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...
- Indian textile exporters divided over Trump’s latest tariff move; industry seeks faster trade pact, policy supportUS tariff move draws mixed response from India's textile industry, with some fearing export disruption while others see a competitive oppor...
- MFs push back on Zepto valuation; PEs take AI betsHappy Monday! Zepto's IPO pricing expectation has run into resistance from top mutual funds. This and more in today's ETtech Morning Dispat...
- Digital nomad visas: Who should apply, who shouldn't, top countries for IndiansDigital nomad visas now offer professionals a new route for global mobility. These permits allow individuals to live abroad while working r...
- 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 ...
- Applying Chinese ecosystem learning to build Indian smartphone; eyes Rs 7,500 crore sales: NxtQuantum founderNxtQuantum Shift Technology is a 100% Indian company. With more than two decades of experience in this industry, building brands into the C...
- Unexpected gainer of trouble in the Gulf? 13 stocks from backend of the EV shift, with upside potential of up to 33%Most investors seeking exposure to the EV shift choose the obvious: A pure EV company; a scooter or car maker. They are the face of the tra...
- HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
- Pentagon awards Oracle nearly $7 billion deal in latest software consolidation pushThe Enterprise Software Agreement, negotiated by the Department of the Navy, is between the Pentagon and Oracle for its on-premises compute...
- Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
- IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
- 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...
- ITAT rules Cloudera Inc's software subscription revenue not taxable as royaltyThe ITAT has ruled that Cloudera's software subscription fees from Indian customers are not taxable in India as royalty or technical servic...
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