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European shares close eighth month of gains on earnings lift; credit fears hit banksEuropean shares hit a record high, marking their longest monthly winning streak since 2012-2013, buoyed by positive corporate updates. Howe...- TCS and Infosys reduce new H-1B visa filings as Google and Amazon top the 2025 chartsAmerica's largest tech companies are hiring more foreign skilled workers on H-1B visas. Amazon, Meta, Microsoft, and Google now lead in vis...
- Capgemini India to hire up to 45,000 in 2025; focus on AI-ready workforceChief executive officer Ashwin Yardi said that as the IT services major’s clients look to cut costs and improve efficiency, India becomes a...
- Flipkart's Esop buyback; TCS employees await appraisalsIPO-bound Flipkart is conducting another round of Esop buybacks. This and more in today's ETtech Top 5.
- Inside Capgemini’s $3 billion deal for WNS: All you need to knowCapgemini plans to acquire WNS for $3.3 billion to strengthen its business process outsourcing. The deal awaits shareholder and regulatory ...
- Capgemini to acquire WNS for $3.3 billionThe deal will be immediately accretive to the group’s revenue growth and operating margin and is set to boost its normalized earnings per s...
- Dow Jones falls 500 points, Nasdaq, S&P 500 slip 1% as Trump slaps tariffs on Japan, South KoreaWall Street experienced a downturn due to renewed tariff uncertainties and Elon Musk's political ambitions, impacting investor sentiment. T...
- Capgemini shares drop post-WNS deal on AI impact concernsCapgemini's shares experienced a drop following its agreement to acquire WNS, a BPO firm, in a cash transaction. Investors are expressing c...
- European shares hold ground as AstraZeneca drags, tech shares riseAstraZeneca was the biggest drag, sliding 5% after detailed study results showed its experimental lung cancer drug did not significantly im...
- Digit IPO: tempering tech valuations & other top startup stories this weekThis is Pratik Bhakta in Bengaluru. Insurance startup Digit, by valuing itself at a discount of 25% to its last known private market valuat...
- Paytm stock slides after COO exit; India’s first microcontroller chipShares of Paytm parent One 97 Communications fell 5% on Monday after its president and chief operating officer Bhavesh Gupta resigned. More...
- Capgemini Q1 FY24 revenues drops 3.5%, offshore headcount dipsThe revenues in Q1 of FY23 stood at €5.73 billion ($5.92 billion). On a constant currency basis, revenue declined 3.3%. Capgemini follows J...
- IT companies eye $116 billion contracts in 2017Of the $116 billion, the top five Indian IT services providers account for $20 billion, the big five American companies (IBM, Accenture, CS...
- Renewable energy upsetting power eco-systemsAs highlighted at COP21 in Paris, the urgent focus for world governments is to limit the rise in the planet's temperature to 2°C by reducin...
- Contract renewal provide IT companies like Infosys, TCS to grab billion dollar dealsAccording to the report, about $250 billion worth of deals are set to be renewed over the course of the next 36 months.
- Indian IT companies gain against global competitionIndian IT firms grew their market share (in contracts awarded) to 27.1 per cent in the January-June period from 23.6 per cent.
- IT stocks fall as Cognizant cuts revenue guidance; Infosys, TCS, Wipro down over 1%Cognizant forecast its slowest full-year sales growth in its 20-year history. The company had previously said it expected revenue to grow 1...
- Asia-Pacfic overtakes North America with largest number of HNIs, India & Hong Kong see sharp declineIndia and Hong Kong, which had led growth in the last two years, saw significant declines of 18% and 17.4% respectively, the report said.
- Stocks to watch on FridayRenewed credit concerns triggered a sell-off across global markets which is likely to weigh down Indian equities as well. US stocks fell fo...
- Genpact leads pack in race for Citi BPOAn end to the long search for Citigroup BPO’s buyer finally seems to be in sight. Genpact is said to be ahead in the race for the BPO.
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