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...
22 Oct, 2026, 06.00 AM IST
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...
21 Oct, 2026, 04.11 PM IST
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...
20 Oct, 2026, 09.27 AM IST
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...
16 Oct, 2026, 07.51 PM IST
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...
16 Oct, 2026, 06.37 PM IST
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...
16 Oct, 2026, 06.00 AM IST
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...
14 Oct, 2026, 11.45 AM IST
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...
14 Oct, 2026, 11.31 AM IST
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...
14 Oct, 2026, 06.22 AM IST
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...
13 Oct, 2026, 06.59 PM IST
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 ...
13 Oct, 2026, 05.21 PM IST
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...
13 Oct, 2026, 03.21 PM IST
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...
13 Oct, 2026, 08.13 AM IST
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...
13 Oct, 2026, 07.29 AM IST
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...
12 Oct, 2026, 04.11 PM IST
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...
10 Oct, 2026, 09.49 AM IST
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...
09 Oct, 2026, 07.28 AM IST