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INDIAN IT SERVICES GIANT
Lyft, Baidu to start testing robotaxis in LondonChinese tech giant Baidu is set to test its self-driving cars in London soon. Partnering with Lyft, the company aims for commercial operati...
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
‘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...
SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giantSpaceX’s planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark...
Infosys dividend alert! Last date to buy IT giant's shares to secure Rs 25/sh payoutInfosys has set June 10 as the record date to determine shareholder eligibility for its final dividend of Rs 25 per share. Since shares mus...
Brazilian aerospace giant Embraer makes strong pitch to win tender for Indian military's transport aircraftBrazilian aerospace firm Embraer is actively seeking to win a major Indian military transport aircraft tender. Their C-390 Millennium is th...
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...
GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
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...
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...
Forget IT giants, go for these 4 midcap stocks: How Dipan Mehta is rewriting his Indian IT playbookMarket expert Dipan Mehta urges investors to be selective. He highlights mid-cap IT firms like Coforge and Happiest Minds as outperformers....
IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four monthsIndian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenu...
'It's time to wake up': Udak Kotak's big warning to Indian businesses as even cash-surplus Google seeks $80 billionVeteran banker Uday Kotak urged Indian companies to urgently invest in future technologies, especially AI, citing Google's massive $80 bill...
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...
AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA SecuritiesAI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyon...
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
From Tata to tech giants, Indian companies tighten grip on UK economyIndian businesses are significantly expanding their UK presence, with company numbers soaring by nearly 60% and combined revenues exceeding...