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IT COMPANIES VENDOR CONSOLIDATION
Examination system in crisis: The urgent need to shift focus from cost to capabilityRecent examination fiascos highlight a critical need to reform India's testing system. Current procurement practices favor low costs over e...- GlobalFoundries partners with Fermionic to produce first ever chip for an Indian firmFermionic's RF chips will be the first Indian semiconductors to be manufactured by GlobalFoundries, which has been producing chips for glob...
- Co-working platform, DK Vertex leases one million sq ft across seven centresDK Vertex, a co-working platform, has leased one million square feet across seven centers in Delhi-NCR, Bengaluru, and Mumbai. The company ...
- Sebi proposes consolidated disclosure of executive pay at asset managersIndia's markets regulator, SEBI, has proposed a change for asset management companies. Executives and high earners in these firms may soon ...
- ‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
- Order book growth keeps Persistent Systems on trackPersistent Systems shares are rising, buoyed by optimism in the technology sector and advancements in artificial intelligence. The company ...
- The Wedding Company raises $2.75 million in seed fundingThe Wedding Company, a tech-driven wedding platform, secured $2.75 million in seed funding to enhance its services and expand its vendor ne...
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
- 5,300 of 36,000 Indian SIMs used in Cambodia for Rs 100-crore cyber fraud in IndiaEnforcement Directorate uncovered a massive cyber fraud network. Thousands of Indian SIM cards were activated fraudulently. These SIMs were...
- PIL in Supreme Court alleges Rs 1,500 cr banking fraud, seeks court-monitored probeA PIL has been filed in the Supreme Court. It seeks a court-monitored investigation into alleged banking frauds. The case involves asset re...
- Love samosa, pakoras and vada pav? FSSAI issues fresh warning on newspaper-wrapped street snacks. Here's why it could be riskyIndia's food safety regulator, FSSAI, has reissued a stern warning against using newspapers for wrapping, serving, or storing food like sam...
- ASML lines up Elon Musk for virtual conference spotlightComputer chip equipment maker ASML said on Saturday that Elon Musk will speak at an internal company technology conference this week, discu...
- Veg Biryani to to be renamed as Veg Pulao: Haridwar priests launch campaign to maintain sanctity of the citySeers in Haridwar are urging food vendors to change menu names. They want 'Veg Biryani' replaced with 'Veg Pulao'. This campaign aims to pr...
- Trump signs AI memo addressing issues in Anthropic-Pentagon feudUS national security agencies are now required to work with multiple artificial intelligence providers. This directive follows a dispute wi...
- Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
- India’s AI gap keeps global investors away, but valuations are turning attractive: Punita Kumar SinhaIndia is currently sidelined from the global AI investment boom due to its lack of semiconductor manufacturing. While the Indian IT sector ...
- TSMC reports $54.55 billion profit in 2025 as AI-driven chip demand boosts earningsTaiwan Semiconductor Manufacturing Company, TSMC, announced impressive 2025 financial results. The chipmaker achieved over 120 billion US d...
- An employee requested an ergonomic chair for severe back pain, but his toxic boss treated the request like a 'code red' violationAn employee's quest for a pain-relieving ergonomic chair led to a protracted dispute with HR, marked by shifting explanations from manageme...
- IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...
- Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
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