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HCLTech launches AI agents to automate enterprise mainframe operationsHCLTech has introduced an innovative AI-driven operations solution designed to help companies upgrade their mainframe systems. This advance...- Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
- IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
- Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
- Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
- Anthropic IPO rocks Indian IT; Why Walmart is in no hurry to list FlipkartAnthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5.
- TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocksIndian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion...
- Ather rides to profit; Pronto's US AI playAther Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
- HCLTech, Japan's Rapidus announce partnership for next generation semiconductor technologiesIndian IT services company HCLTech and Japan's Rapidus Corporation have announced a partnership for next-generation semiconductor technolog...
- AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
- AI efficiencies shield Q2 IT margins from transatlantic macro headwindsHCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 ...
- AI marks inflection point, future belongs to those who reinvent: HCLTech CEOVijayakumar described a decade as a long time in the technology industry, during which industries have been reinvented, business models dis...
- Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
- Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotionKeep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose ...
- Software majors add more hands in Q2 on deal wins, growth optimismData showed the top six had added a net 5,500 to their rolls in the April-June quarter. Employee data of Infosys, the country’s second-larg...
- IT's time to celebrate when chips are down; Nifty IT soars 11.7% to log biggest weekly rally since 2008The Indian IT sector experienced an impressive surge, achieving its highest weekly increase in 18 years, driven by unexpectedly strong quar...
- HCLTech's Q2 net profit up 21% to Rs 5,132 crore; revenue climbs 11%The strong numbers guided India's third largest software services company to raise the lower end of the revenue forecast for the full year ...
- HCL Tech sees revenue rebound, but AI deflation remains a concernHCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new...
- HCL Tech dividend alert! IT major declares Rs 12 interim dividend for FY27; Q2 profit jumps 21% YoY to Rs 5,132 croreHCLTech has declared an interim dividend of Rs 12 per share for FY27, with October 16 set as the record date and October 26 as the payment ...
- HCLTech signs a pact with Anthropic, to set up business unitHCLTech has entered a strategic collaboration with Anthropic aimed at advancing the implementation of Agentic AI, prioritizing safety, cybe...
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