An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
IT's revenue per employee up in productivity winIndia's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Compa...
TCS Q4 profit up 12%, revenue rises 9.6% amidst AI growth and deal winsTata Consultancy Services reported a 12% rise in net profit to Rs 13,718 crore for the March quarter, exceeding analyst expectations. Despi...
TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupeeTCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currenc...
IT scrambles for benchmarks as clients eye outcome-based dealsOutcome-based pricing in IT deals is a promising approach but presents challenges in benchmarking outcomes, especially for long-term projec...
Restless investors, turnaround hopes await Wipro’s new CEO Srinivas PalliaWipro CEO Thierry Delaporte resigns, Srinivas Pallia takes charge facing tough times. Must boost morale, focus on large deals, client minin...
Indian IT wins half of top deals since 2020Indian IT firms have been among the biggest beneficiaries of the IT deal consolidations in the last two years. At least half of the top glo...
SolarWinds breach unlikely to ground Indian IT companies: Analysts“I think this is something (on which) there is a lot of discussion going on. At this stage, we are carefully evaluating it,” said Salil Par...
Thierry Delaporte has tough task at Wipro, where he takes over as CEO on July 6Thierry Delaporte needs to “re-energize” the leadership team, turnaround failing businesses and drive growth.
Infy BPM is set to scale mount $1 billion in revenue this fiscalInfosys BPM is expected to nearly double its revenue to $1 billion in the ongoing fiscal year.
Infosys CEO's first-quarter show: Salil Parekh looks at talent inside to drive growthParekh is pushing for the adoption of new technologies and reskilling of staff to ensure that Infosys is ready to tap into the opportunitie...
IT majors see an increase in utilisation rateAssessing utilisation levels is a significant part of the financial review process as these numbers indicate the workforce efficiency of th...
IT companies pay double for digi buys to breast the tapeIn the past 2-3 years, these firms have offered up to two-and-a-half times value for buying out small firms with strengths in cloud, design...
Revenues of IT companies may contract 3% this yearThe Indian firms for the most part have attempted to grow their own talent but this is leaving them far behind the race for market share.
Will Infosys strategy of splitting its business into smaller units work?“Infosys has just three members of its management team responsible for all the verticals among themselves vs eight vertical heads at TCS,” ...
TCS’ deal with Friends Life may be at risk with Aviva buyoutTCS' deal with Friends Life, worth more than $2 bn, may be in jeopardy after the UK insurer agreed to a potential 5.6 bn pound buyout by Av...
- Falling US wages make nearshore more attractive
Falling US wage rates and increased availability of skilled professionals is helping locations such as Albuquerque in New Mexico emerge as ...