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US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantageUS restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantag...
Infosys-backed 4baseCare raises Rs 128 crore, plans to take its cancer testing platform globalPrecision oncology startup 4baseCare has raised Rs 128 crore. This funding will expand its genomics labs globally and scale its AI platform...
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...
Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
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...
Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent directorCars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platf...
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...
100 days of Iran war, Rs 4,50,000 crore wiped out: Is your stock portfolio safe from missiles?Indian equities have lost Rs 4.5 lakh crore in 100 days as the Iran-led West Asia conflict and a global AI trade unwind trigger sharp FII o...
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...
Sensex falls over 300 points, Nifty below 23,350 amid persistent FII sellingIndian stock markets opened lower on Thursday, with Sensex and Nifty declining due to persistent FII selling and global headwinds. Geojit I...
AI prescription: Infosys bags seven-year deal to upgrade Fortis-owner IHH's networkWhile IHH executives declined to reveal the value of the deal, IT industry experts said it could be worth a few hundred million dollars, de...
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...
Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicate...
Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...
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...
Infosys shares jump 6%, rally 10% in 3 days as IT stocks shine. More upside ahead?Infosys shares have rallied sharply, rising nearly 10% in three days as investors reassess valuations following a steep AI-driven correctio...
“I can’t come back at 75”: As Nandan Nilekani turns 71, Infosys faces its biggest leadership questionInfosys chairman Nandan Nilekani is entering a crucial phase. He is focused on preparing the IT giant for a future beyond its founders. Sha...
Record rupee fall puts corporate India under greater investor scrutinyThe rupee’s sharp depreciation, down about 10% against the dollar in the past year, has become a key concern during corporate earnings call...
Infosys CEO's compensation rises 2.5% to nearly Rs 82.6 crore in fiscal 2026Infosys CEO Salil Parekh's compensation reached Rs 82.6 crore in 2025-26, a 2.5% increase, significantly higher than rivals like TCS. This ...
Infosys CEO Salil Parekh earned Rs 82.6 crore in FY26, up 2.5%Infosys CEO Salil Parekh's earnings reached ₹82.6 crore in 2025-26, a slight increase. This compensation includes salary, variable pay, and...