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HCLTech bets big on sovereign AI with strategic investment in Sarvam AIHCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enter...- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- 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...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
- Infosys CEO's compensation rises 2.5% to nearly Rs 82.6 crore in fiscal 2026Infosys CEO Salil Parekh's compensation reached Rs 82.6 crore in 2025-26, a 2.5% increase, significantly higher than rivals like TCS. This ...
- Infosys CEO Salil Parekh earned Rs 82.6 crore in FY26, up 2.5%Infosys CEO Salil Parekh's earnings reached ₹82.6 crore in 2025-26, a slight increase. This compensation includes salary, variable pay, and...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
- IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
- 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...
- Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
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