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IT CONSULTANCY
AI talent gap leaves IT firms scrambling for forward deployed engineersIndian IT firms are facing a shortage of Forward Deployed Engineers (FDEs), crucial for AI adoption and client-site customization. To compe...
Pet care firm Vetic raises $40 million led by Bessemer Venture PartnersVetic, a pet care startup, has secured $40 million in funding. This investment will fuel the expansion of its clinic network, adding 25 new...
Italian digital service company Engineering sells two units to AccentureEngineering, a prominent player in Italy's digital services landscape, is parting ways with its Alfahealth and Industries eXcellence units,...
CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...
Centre mandates prescription for syrup-based medicinesChemists must now have a doctor's prescription to sell cough syrups. The government has changed the Drugs Rules, 1945. This stops over-the-...
India's next telecom battle could be fought on highways, with connected carsIndia's telecom wars have traditionally revolved around spectrum, towers and tariffs. But a new consultation paper by TRAI on Vehicle-to-Ev...
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. ...
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
2 TCS employees booked for abetment over colleague's ''suicide'', company says it is ascertaining factsPune police have filed a case of abetment to suicide against three individuals. This action follows the death of a 48-year-old employee of ...
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...
‘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...
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
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...
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...
TCS signs multi-million euro AI deal with Canada LifeUnder the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres...
TCS shares slip 2%, down 12% in 4 straight sessions. What’s triggering the decline?TCS shares tumbled 2% Monday, extending a four-day loss to 12%, as rising U.S. bond yields fueled fears of further Federal Reserve rate hik...
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...
TCS shares crash 8%, log worst single-day fall since historic COVID plunge. More pain ahead?Tata Consultancy Services (TCS) shares experienced their steepest single-day drop since March 2020, plummeting over 8% on Wednesday. This s...
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...
TCS shares soar 7%, up nearly 9% in just two sessions! What are technical charts indicating?TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of und...