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IT SERVICES
Cognizant acquires DyFlex Solutions to enhance AI and SAP transformation capabilitiesCognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...- Corporate capex pipeline rises 39% to Rs 99.7 lakh crore, led by IT services and power: UBIIndia’s announced private capex pipeline rose 39% year-on-year to Rs 99.7 lakh crore in September 2026, driven by IT-enabled services and c...
- ₹4 lakh crore rally, ₹6,500 crore FII buying: Are IT stocks finally making a comeback?Indian IT stocks experienced a notable market value recovery of approximately ₹3.87 lakh crore in October. Foreign investors invested aroun...
- Software majors delete 24,000 jobs across IT and engineering in a yearOver the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,00...
- IT companies likely to see 2-3% AI led deflation over the next 1-2 yearsThe rise of artificial intelligence is anticipated to contribute to ongoing revenue challenges within the IT services sector. Leading firms...
- LTM boss sees short-tenure AI deals fuelling quicker revenue boost in H2Deal closures are also at an inflection point with LTM's sales teams targeting AI deals that are shorter tenured but generate revenue quick...
- LTM profit dips marginally, revenue up 13.6% YoYRevenue recorded healthy growth on a year-on-year (YoY) basis by 13.6% to Rs 11,807.6 crore supported by financial services, consumer and p...
- Supermarket operator Ahold's websites, app remain offline 5 days after cyber incidentAn Ahold spokesperson said the parent company cannot comment about the situation at its individual chains. Its US brands, which include Sto...
- Wipro Q2 net profit falls marginally to Rs 3,200 crore; revenue grows 9% to Rs 24,753 croreBengaluru-based Wipro said the business environment was weak and unchanged in the past quarter, when it reported its weakest deal wins in 1...
- AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...
- After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...
- Nifty IT surges 5.2% to log biggest single-day gain in 17 monthsIndian IT stocks experienced a significant increase following HCL Technologies' strong earnings report for the September quarter. The Nifty...
- AI services may account for almost half of Infosys' work in 2-3 years: CEO Salil ParekhParekh said the business, which includes building AI agents, coding work and modernising old technology for clients, is small relative to t...
- Wipro sees no material business impact from US suspension of new PERM applicationsWipro has stated that it will not face considerable impacts from the US Department of Labor’s recent announcement. The company highlighted ...
- AI job-loss fears are ‘hogwash’, says Infosys chairman Nandan NilekaniNandan Nilekani has expressed optimism about the impact of artificial intelligence on employment in India. He argues that while AI automate...
- TCS dividend alert! Last day to buy IT major's shares for Rs 12 dividendThe company last week declared the interim dividend, along with the Q2 results that kickstarted the September quarter earnings season for t...
- HCL Tech sees revenue rebound, but AI deflation remains a concernHCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new...
- AI revenue should offset traditional services deflation: TCS CEO K KrithivasanDue to the continuing pressure on companies amid geopolitical strife, TCS is assuming client budgets will not rise. It is, however, banking...
- IT stocks surge despite US immigration curbsOn Friday, Indian IT stocks experienced an impressive surge, spearheaded by a remarkable 4.2% jump in Tata Consultancy Services shares. Thi...
- India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...
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