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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 ...- 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...
- Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
- 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...
- Court allows ED access to SFIO documents in CMRL-Exalogic money laundering caseA court has granted the Enforcement Directorate access to documents from the Serious Fraud Investigation Office. These documents are crucia...
- Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
- Incuspaze acquires coworking firm iKeva to scale operationsFlexible workspace operator Incuspaze has acquired coworking firm iKeva through a 100% buyout to strengthen its presence in Hyderabad and B...
- 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...
- Saving Siri: After two years of stumbles, is Apple's AI moment here?Siri debuted in 2011 and is accessible through the bulk of Apple's installed base of 2.5 billion devices, but hundreds of millions of consu...
- JMM-Congress spar over Jharkhand RS seatsDisagreements have surfaced between the JMM and Congress over Jharkhand's Rajya Sabha elections. The Congress nominated Pranav Jha without ...
- UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
- 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...
- Foreign law firms pick up the India case amid uncertaintiesForeign law firms are establishing dedicated India desks across Asia, the Middle East, and Europe as a strategic response to ongoing uncert...
- Indian cyber, telecom, banking & finance firms get access to Mythos; IT left outSeveral Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model...
- KNAV secures follow-on investment from Nikhil Kamath’s NKSquaredGlobal accounting firm KNAV has secured follow-on investment from NKSquared, the investment firm of Nikhil Kamath. This funding will fuel i...
- 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...
- Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
- IndiQube Spaces eyes Rs 52 cr revenue from lease of 700 desks in BengaluruRealty firm IndiQube Spaces Ltd has secured a significant deal. The company has leased over 700 desks for five years to a leading consultin...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
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