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...
15 May, 2026, 06.00 AM IST
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.
14 May, 2026, 07.53 PM IST
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...
07 May, 2026, 05.41 PM IST
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...
07 May, 2026, 08.37 AM IST
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...
28 Oct, 2025, 06.15 AM IST
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 ...
22 Sep, 2025, 04.29 PM IST
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...
22 Sep, 2025, 02.12 PM IST
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...
05 Aug, 2025, 06.00 AM IST
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, ...
24 Jul, 2025, 05.41 PM IST
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...
28 May, 2025, 06.29 AM IST
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.
13 Oct, 2023, 04.18 PM IST
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...
04 Sep, 2023, 11.17 AM IST
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...
22 Aug, 2023, 06.01 AM IST
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...
02 May, 2023, 06.00 AM IST
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...
04 Jan, 2023, 09.53 AM IST
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...
06 Oct, 2022, 06.00 AM IST
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...
16 Nov, 2021, 04.17 PM IST