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GLOBANT TECHNOLOGIES
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...- 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...
- Salesforce plans $500 million in AI-related investments in Saudi ArabiaAs part of the investment, Salesforce will introduce Hyperforce, its platform architecture delivered through a strategic partnership with A...
- IT stocks rally up to 4% as an early indicator of Q1 earnings just gave green signalsIndian IT stocks surged following positive results from Accenture, with Persistent Systems leading the gains. Analysts expect a strong dema...
- Top 10 Website Development Companies in India 2023 – 2024
- SaaS, digital firms’ projections indicate weak Q1 for Indian IT firmsAnalysts though expect the demand to revive in the second half of 2023-24 as deal pipelines remain strong and there would be additional bus...
- Prefer the Big Boys over midcap IT stocks: Ashwin Mehta of Ambit CapitalMargins in FY23E could continue to be under pressure as supply-side pressures and temporary cost-save reversal across travel/facility/discr...
- Chasing millionaire dreams: Tech, real estate, infra, and now digital?The latest fever sweeping through the nation, other than Corona, appears to be digital. Happiest Minds Technologies more than doubled on Th...
- Ashok Soota: With Happiest Minds' stellar debut, one of Indian IT's original poster boys makes a rousing comebackThe Rs 700-crore initial public offer of the company, which ended on September 9, had been oversubscribed by more than 150 times. This was ...
- Will Happiest Minds IPO make investors happy? Here's what you must knowAnalysts said the valuations look high when compared with traditional IT players, but attractive when compared with digital players oversea...
- We are getting ahead of all mid-sized players: Happiest MindsOur true competitors are EPAM, Endava and Globant -- the three global companies -- and not the Indian IT companies.
- Visa, re-skilling key challenges for IT industry: Economic surveyThe survey highlighted the increasing competition that India faces from new "digital only entrants", including newer companies like Globant...
- Globant from the other America is here to hire talentThe company entered India two years ago and has since doubled its headcount to about 500 with plans to take it up to 1,200.
- IT services firm Globant sets up India operationsGlobant focuses on creating solutions around emerging technologies for brands that bring together engineering, design and innovation.
- Globant travels to India to acquire Clarice TechnologiesGlobant, which focused on innovative products, has acquired Clarice Technologies in a deal estimated at $20-25 million.
- Tata Consultancy Services not keen on Lufthansa systems buy on profit concernsTCS is not pursuing the acquisition of Lufthansa's IT arm on concerns of profitability & hassles of reaching an agreement with the airline'...
- TCS, Infosys, Wipro shy away from overseas buysSome experts say Indian companies need to acquire large European companies and challenge bigger multinational rivals. UID opportunity to ru...
- Cash-rich IT majors find Deal St too risky to treadIT cos feel acquisition of big overseas firms may dent profitability & double-digit growth rates.
- TCS, Infy, Wipro losing contracts to emerging rivalsEmerging nearshore rivals are becoming attractive for top outsourcing customers seeking to work with local, specialised vendors.
- China, Malaysia, east Europe emerge BPO rivalsSixty eight Indian and American IT and BPO firms form the bulk of the second Global Services 100 listing released by Global Services , the ...
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