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Explained: Why Accenture's warning sparked a Rs 1.35 lakh crore meltdown for TCS, Infosys, other IT stocksIndian IT majors faced a brutal sell-off, losing Rs 1.35 lakh crore after Accenture's revenue guidance cut. Structural fears around AI repl...- Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
- Indian IT is a trade, not an investment, and the market just got the memo: Sandip SabharwalAccenture's slump signals headwinds for Indian IT, with Sandip Sabharwal viewing them as trading plays rather than long-term investments du...
- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
- Cognizant launches Ace Team Program to nurture new generation of AI talentCognizant has launched the Ace Team Program in India to cultivate engineering talent for client digital transformations and its AI goals. S...
- IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
- 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...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- Cognizant forecasts quarterly revenue below estimates on cautious IT spendingCognizant Technology has recently announced an unexpected decline in its quarterly revenue forecast, indicating that clients are exercising...
- Cognizant to buy Astreya for about $600 millionCognizant Technology is set to acquire Astreya for approximately $600 million. The deal, expected to conclude in the second quarter of 2026...
- Cognizant joins OpenAI partner group to scale Codex for enterprise clientsCognizant is now a global partner of OpenAI. The company will use OpenAI's Codex technology to build software for its clients. This integra...
- Cognizant CEO’s 2025 realised pay increases 30% to $10.7 millionCognizant Technology Solutions chief executive Ravi Kumar S took home $10.7 million in realised compensation in 2025, a more than 30% incre...
- Cognizant first-quarter revenue beats estimates on steady spending by clientsCognizant said total headcount at the end of the first-quarter was 344,400, a decrease of 3,300 from the fourth-quarter last year.
- Cognizant, Google Cloud tie up to bring AI to enterprise clients; to train 25,000 employeesCognizant will invest in expanding its product offerings, providing robust training resources for tech talent development on Google Cloud, ...
- Cognizant client Oma Savings Bank terminates core banking project contractCognizant will pay OmaSp a significant financial compensation, which will have a positive impact of approximately €22 million on the Finnis...
- Cognizant to buy digital engineering company SoftvisionSoftvision has about 2850 creative technologists and has a significant engineering presence in Romania. “Softvision’s unique culture.
- How five senior VPs are driving growth at CognizantFrom being one-third smaller than Infosys three years ago, Cognizant is close to matching India's second-largest software company in size.
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