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Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.- TCS Q4 drags down IT stocks; Swiggy cofounder exitsShares of IT companies declined on Friday as TCS earnings failed to lift investor sentiment. This and more in today’s ETtech Top 5.
- Sarvam AI in talks to raise $250-300 million from Nvidia, Accel, HCLTechThis round of funding will value the foundational AI startup at about $1.2 billion, giving it unicorn status. This would be a tenfold rise ...
- AI startups feel war impact; Sarvam eyes unicorn clubHappy Wednesday! War-led uncertainty and a weaker rupee are beginning to impact growth plans for Indian AI startups. This and more in today...
- SC dismisses Tiger's tax shield; H-1B holders strandedThe Supreme Court has upheld a Rs 14,500-crore tax demand on Tiger Global. This and more in today's ETtech Top 5.
- New labour codes drag down Infosys profitIndia’s second-largest software services firm Infosys reported a 9.64% sequential decline in net profit for the fiscal third quarter to Rs ...
- Tech Mahindra CEO Mohit Joshi earns Rs 54 crore in FY25This was double the amount paid to K Krithivasan, chief of India’s largest IT services company, TCS. Joshi’s earnings were 840.22 times the...
- HCLFoundation expands CSR program budget to Rs 24 croreHCLFoundation has raised its annual HCLTech Grant outlay by 45% to Rs 24 crore, enhancing support for rural development projects. From FY26...
- HCLFoundation to give grants of Rs 5 crore each to 3 winning NGOs in environment, health, education spacesTheir work includes transformative projects, including biodiversity conservation in the Sundarbans, eradication of childhood blindness and ...
- Who is Roshni Nadar Malhotra, third richest Indian and daughter of HCL founder Shiv NadarRoshni Nadar Malhotra has ascended to the position of India’s third-richest individual after receiving a 47% stake in HCL Corporation and V...
- Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stakeRoshni Nadar Malhotra becomes India's third-richest individual after receiving a 47% stake in HCL Corporation and Vama Delhi from her fathe...
- Shiv Nadar gifts 47% stake in HCLTech promoter firms to daughter RoshniThis makes Roshni Nadar Malhotra the majority shareholder with a 57.33% ownership, along with an increase in voting rights, while Shiv Nada...
- New-age stock slump; Cognizant CEO interviewNearly half of the new-age companies listed since 2021 are trading below their IPO price. This and more in today’s ETtech Top 5.
- Infosys says H1B visa dependence lowered, expresses confidence in resilient biz modelDays after HCLTech said it has lowered reliance on H1B visas, Infosys on Thursday reported a significant decrease in its dependence on this...
- Deal street abuzz; India & new US chip rulesHappy Wednesday! The New Year has begun on a high note for consumer deals. This and more in today’s ETtech Morning Dispatch.
- IT salary: Infosys, Wipro & TCS' average salary hikes are down to single digitsIn FY 2023-24, major Indian IT firms like Infosys, TCS, Wipro, HCLTech, and Tech Mahindra reduced salary hikes to 5-9% due to economic pres...
- Fintechs top mutual fund distribution sweepstakes; IT sector’s slowest growth in a decadeData showed that in November, 30 lakh new SIPs were generated by the entire industry. Industry estimates said that around 42% of these SIPs...
- HCLTech launches Climate Action Grant in Americas, commits $5 million to support NGOsThe HCLTech Grant program has been supporting India-based NGOs for the last eight years and is now being launched in the Americas to aid NG...
- 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...
- Despite tepid environment for tech, artificial intelligence is slowly seeing big investmentsIT majors like Tata Consultancy Services (TCS), Infosys, HCLTech among others have reported a number of proof of concepts and early stage p...
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