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Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020India’s Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance trigger...25 Apr, 2026, 09.37 AM IST- Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...18 Apr, 2026, 09.04 AM IST
- Iran-Israel war: AI-hit tech companies fear slowdown in spendsIran-Israel war: The Strait of Hormuz, through which a third of the world's seaborne oil passes, was temporarily closed following the escal...02 Mar, 2026, 07.58 AM IST
- IT contracts worth $13 billion up for renewal in coming quartersAbout $13 billion worth of IT deals are set for renewal by December, with TCS, Infosys, HCLTech and Wipro competing for mega contracts. Ove...17 Sep, 2025, 09.31 AM IST
- Lenovo launches new edge AI services, solutions for businessesLenovo is expanding its portfolio with the new ThinkEdge SE455 V3, bringing the most powerful edge server to the market and delivering brea...21 Sep, 2023, 01.03 PM IST
- Top four IT companies log 40% drop in large client additions in FY23Top four IT majors, Tata Consultancy Services, Infosys, HCLTech and Wipro, added 80 large clients which are classified as deals in the $10 ...30 May, 2023, 06.10 PM IST
- IT deal pricing may remain muted on slow spends in FY24Pricing power has shifted from the providers to the buyers, say experts16 May, 2023, 06.00 AM IST
- 48% of businesses in India at low levels of digital maturity: ReportAccording to global technology brand Lenovo, about 87% of Indian businesses consider digital infrastructure readiness to be mission-critica...03 May, 2023, 01.52 PM IST
- Cybersecurity to present new opportunities for IT services providersAt present, almost half of enterprise outsourced cybersecurity spending, on average, goes to security operations centres (SOC) and security...29 May, 2022, 06.00 AM IST
- Global outsourcing contracts grew 31% to over $24 billion in Jan-March: ISGGlobal outsourcing contracts grew 31% to a record $24.2 billion in the first quarter of this calendar year, according to data from the ISG ...14 Apr, 2022, 09.28 PM IST
- Heavy industries minister Mahendra Nath Pandey inaugurates state-of-the-art data centre at BHEL facility in BengaluruUnion Heavy Industries Minister Mahendra Nath Pandey said that BHEL is playing an integral role in programmes like Make in India and Aatman...09 Sep, 2021, 06.30 PM IST
- COVID-19 pulls down global sourcing market down by 5% in Q2: ISG Index“In line with our prediction last quarter, the managed services market was off 16 percent as enterprises reined in operating expenses in th...08 Jul, 2020, 09.36 PM IST
- Indian IT gears up for $50 billion renewalsIT research firm ISG did a study in 2016 that analysed 180 deals to see what happened to incumbent vendors when a contract came up for rene...08 Jan, 2018, 09.01 AM IST
- IT companies eye $116 billion contracts in 2017Of the $116 billion, the top five Indian IT services providers account for $20 billion, the big five American companies (IBM, Accenture, CS...13 Dec, 2016, 07.27 AM IST
- How Vishal Sikka is helping Infosys get its mojo backInfosys bagged large deals from companies including Deutsche Bank, Mercedes-Benz and the Goods and Services Tax Network (GSTN) in India.18 Mar, 2016, 10.30 AM IST
- IT companies to compete for a dozen deals worth over $100 million each in 2016With over $170 billion worth of outsourcing deals coming up for renewal over the next 24 months, top Indian software exporters are gearing ...15 Dec, 2015, 01.52 PM IST
- Contract renewal provide IT companies like Infosys, TCS to grab billion dollar dealsAccording to the report, about $250 billion worth of deals are set to be renewed over the course of the next 36 months.31 Aug, 2015, 05.27 AM IST
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