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IT firms turn to acquisitions to boost revenue growthThe contribution rose to $147-148 million in the July-September period, reflecting a full quarter of consolidation. The acquisition has the...- Happiest minds Q2 net profit rises 15% as AI uncertainty weighsHappiest Minds Technologies reported a 15.1% increase in net profit for the September quarter compared to the previous year. While revenue ...
- Happiest Minds Q2 net up 15% to Rs 62 cr, revenue rises 12%The net profit also included an impact of `3.98 crore, incurred towards the proposed merger with ITC Infotech in Q2 FY27. Revenue for the J...
- India gains as global investors move away from AI-linked stocks: Goldman SachsIndian equities outperformed the Asia-Pacific region in the MXAPJ index by 7 percentage points last month, making the country one of the be...
- NTT Data to nearly triple Mangaluru workforce to over 2,500 by 2027The company entered Mangaluru through its acquisition of local cloud engineering company Niveus Solutions, and is looking to use the city a...
- L&T pushes IT and engineering arms to accelerate growth beyond 15%Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 ...
- Rs 10,000 investment created a Rs 600 crore per yer business: How Bengaluru man created flourishing IT empire that survived three recessionsBengaluru entrepreneur RS Shanbhag had just Rs 10,000 in is pocket but a vision and a relentless can-do attitude. The firm he established i...
- Cognizant sets up OpenAI Frontier Capability Group to help enterprises deploy AI at scaleCognizant said it is scaling OpenAI across its own sales and customer success operations first, so clients can benefit from approaches test...
- AI could wipe out $200 billion of IT services work by 2030: BCGBCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from ...
- India's services economy stays resilient as 17 sectors post growthIndia's services sector recorded widespread growth in August, with 17 of the 19 tracked segments expanding and 13 registering double-digit ...
- Zensar’s Q2 net profit rises 4%, revenue grows 11%Sequentially, net profit rose 3.5%. Revenue grew 11.5% YoY to Rs 1,585.2 crore and 5.1% sequentially. In dollar terms, revenue stood at $16...
- Cognizant’s Q3 PAT jumps 128% to $627 million, revenue climbs 4.6%Growth across its markets geographically and double-digit expansion in financial services as well as communications, media and technology b...
- Persistent Systems to raise Rs 6,000 crore via NCDs for Nagarro dealPersistent Systems plans to raise more than ₹6,000 crore through non-convertible debentures for its Nagarro SE acquisition. The company suc...
- 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, ...
- 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...
- Cognizant signs five-year large deal with Europe's EBRDWhile the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100...
- 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 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...
- Cognizant to buy Australia's DyFlex in its 3rd deal of 2026Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...
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