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IT SERVICES INDUSTRY PIONEER
Happiest Minds stake sale: At 82, Ashok Soota’s next act is a ₹1,330 cr healthcare push- NASA sent a 77-year-old payload specialist back into space in 1998, 36 years after he became the first American to orbit Earth - not just to make history again, but to study how an older human body responds to microgravity, becoming the oldest person ever to fly in space
- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 crore
- In 2016, the Living Bog Project began restoring 750 hectares of Ireland’s raised bogs. 10 years later, over 6,300 peat dams have helped bring pioneer bog vegetation backThe Living Bog Project began Ireland's largest raised bog restoration in 2016. This initiative aimed to recreate over 750 hectares of activ...31 Aug, 2026, 09.55 PM IST
- Index of services production shows 8 sub-sectors record double-digit growth in JuneJune 2026 marked a period of significant double-digit growth across eight service categories, with real estate and retail trade leading the...31 Aug, 2026, 05.14 PM IST
- Indian IT companies may see growth recovery from FY27 as AI spending shifts to enterprise adoptionIndian IT firms anticipate robust growth starting FY27. Global technology spending will shift towards AI deployment and integration. This t...31 Aug, 2026, 02.08 PM IST
- Big Tech can’t disrupt IT: Tech Mahindra CEO Mohit JoshiChief executive Mohit Joshi said that he isn’t concerned about Big Tech firms like Google or AI labs like Anthropic or OpenAI getting into ...31 Aug, 2026, 06.00 AM IST
- ITC Infotech set to acquire Happiest Minds, eyes backdoor listingITC Infotech is set to acquire a controlling stake in Happiest Minds Technologies from founder Ashok Soota for Rs 2,800-2,900 crore, people...29 Aug, 2026, 06.00 AM IST
- PayPal shares crash 13% on reports Advent-Stripe consortium walks away from bidPayPal shares fell 13% after Advent International and Stripe reportedly abandoned plans to acquire the payments giant. The consortium had o...28 Aug, 2026, 08.54 PM IST
- While Americans watched TV, used personal computers, One Alaska village was still waiting for electricity during 1980sIn the early days of Alaska, wood was the primary source of heat and electricity. The gold rushes sparked a surge in power requirements acr...28 Aug, 2026, 08.09 PM IST
- In 1958, NASA launched a spacecraft Able 2 for the first time to the Moon but the mission failed after a small error and the probe reentered Earth's atmosphere about 43 hours after launchIn 1958, NASA launched Able 2, later known as Pioneer 1, on a mission to study the Moon. The spacecraft failed to reach lunar orbit after a...26 Aug, 2026, 10.37 PM IST
- Zerodha’s growth stalls; IT’s new deal modelZerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.26 Aug, 2026, 08.12 PM IST
- French initiative Desibel aims to take India's AVGC-XR talent to global stageIndia and France have launched ‘Desibel’, a multi-year initiative to take India’s animation, visual effects, gaming, comics and immersive-c...26 Aug, 2026, 02.15 PM IST
- In 1958, US Air Force launched an Able 1 spacecraft to the Moon in humanity’s first attempt to send a spaceship anywhere beyond Earth orbit but the mission lasted only 73.6 secondsIn 1958, US Air Force launched an Able 1 spacecraft to the Moon in humanity’s first attempt to send a spaceship anywhere beyond Earth orbit...26 Aug, 2026, 01.26 AM IST
- Three from Assam among seven in first batch of first-of-its-kind NCVET-approved Tea Sommelier courseThe programme is an NCVET-approved skill programme aligned to NSQF Level 4, covering tea appreciation, tasting, blending and artisanal tea ...25 Aug, 2026, 05.53 PM IST
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...25 Aug, 2026, 10.45 AM IST
- IT needs forward deployed leadership on the front lines to navigate AI resetAs AI now rewrites the IT business algorithm beyond recognition, Indian technology pureplays have responded with a talent reshuffle that's ...25 Aug, 2026, 07.59 AM IST
- TCS to acquire Porsche IT unit MHP for €320 millionTata Consultancy Services will acquire Porsche AG's IT consulting subsidiary MHP for an enterprise value of €320 million. The acquisition i...24 Aug, 2026, 06.57 PM IST
- AI volumes may outweigh revenue deflation for IT sector by FY30: ReportCLSA said the industry is facing "multiple macro/micro headwinds", but expects AI to eventually create new growth opportunities. It said AI...22 Aug, 2026, 05.11 PM IST
- AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...21 Aug, 2026, 04.11 PM IST
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