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Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...- Mphasis playing host to a high-stakes game of executive musical chairsMphasis faces a wave of senior executive departures. Over a dozen high-performing leaders have left since 2025 for competitors such as Cofo...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- India crowns Meta AI; More layoffs hit techIndia is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.
- IT firm Mphasis sues Coforge in US court over alleged employee hiring, access to client dataSoftware firm Mphasis has filed a lawsuit against rival Coforge in a US court. Mphasis claims Coforge hired its former executives in violat...
- Mphasis sues Coforge, former execs over trade secrets, client dataBengaluru-based Mphasis has sued rival Coforge and former executive Brijesh Khergamker in a US federal court. Mphasis alleges Coforge hired...
- Strong order booking, project ramp ups to keep Coforge revenue upbeatCoforge shares rose 4% after strong Q2 results, driven by robust deal wins, margin expansion, and revenue growth ahead of peers. Analysts r...
- IT stocks foot Rs 82,600 crore bill for $100,000 H-1B visa. Time to sell?Indian IT stocks plunged up to 5% after Donald Trump hiked H-1B visa fees to $100,000, erasing Rs 82,600 crore market value. Analysts warn ...
- TCS or Infosys? Which IT company has the highest share of H-1B visa employeesTrump’s $100,000 H-1B fee will make sending Indian IT engineers to the US costly, hitting firms like Infosys, TCS, and Hexaware, which rely...
- Mid-tier IT pips big five in Q1 via strong deal conversions, AI efficienciesMid-tier Indian IT firms like Coforge, Mphasis, and Persistent outpaced top-tier peers in Q1 FY26 with strong deal wins, AI-led productivit...
- Coforge misses estimates, posts 138% YoY jump in Q1 profit; revenue surges 50%Coforge's June quarter net profit surged 138% YoY to Rs 317 crore, despite missing analyst estimates. Revenue also saw substantial growth, ...
- Large deal momentum, improving profitability keep Coforge stock buoyantCoforge shares rose 13% since May 5, outperforming the BSE IT index, driven by strong revenue growth, record deal wins, and margin expansio...
- Indian IT majors see a dip in headcount amid macroeconomic headwindsWith the release of their quarterly results, one thing is clear—IT companies are witnessing a drop in headcount.
- Indian techies may be in for a long wait as IT firms defer hikesInfosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has...
- IT midcaps set to keep hiring momentum going in near termWhile larger players are conserving resources and maintaining a cautious approach to hiring due to macroeconomic uncertainties, midcaps are...
- IT companies look to boost margins by increasing utilisation levelsUtilisation rates for IT companies mean the percentage of their employees working on active projects. This metric had significantly dropped...
- Hiring mandates by tech companies record a steep dropThe top Indian IT majors Tata Consultancy Services, Infosys, Wipro and HCL Tech had hired around 2.2 lakh employees during fiscal 2022 amid...
- IT companies brace for muted growth, sustained margin pains in Q2Analysts will look for any impact due to cross-currency movement, especially due to a weaker European currency against the dollar, margin o...
- For India’s midsized IT firms, freshers are key to winning the talent warL&T Infotech and Persistent Systems as well as Mindtree and Coforge are working on their branding to attract freshers and win lateral hires...
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