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LTIMINDTREE WORKFORCE TRANSFORMATION
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...- LTIMindtree saw $60 million in H1 incremental revenue via agentic AI, says CEOThe IT services provider expects short-term headwinds to persist in 2026 when macroeconomic conditions are likely to remain tough for the i...
- Infosys, Wipro, LTIMindtree deliver steady Q2 growth, but Goldman warns AI shift may cap valuationsInfosys, Wipro, and LTIMindtree posted steady Q2FY26 growth, signaling early demand stabilisation, according to Goldman Sachs. However, the...
- LTIMindtree Q2 net up 10.1% sequentially, revenue crosses Rs 10,000 croreThe L&T Group’s software services arm posted a net profit of Rs 1,381 crore for the second quarter, up 10.4% year on year, on a revenue of ...
- TCS cutting dependence on H-1B visa, hiring more locally: CEO KrithivasanTata Consultancy Services is reducing its reliance on H-1B visas for US operations, with CEO K Krithivasan stating a significant drop in fr...
- Top six IT firms saw staff additions plunge 72% in Q1Among the largest software service providers, only two including the top two leaders Tata Consultancy Services (TCS) and Infosys reported a...
- Mindtree founder Subroto Bagchi shares amazing story of achievement of a once-jobless person who now employs 70 people with sales of Rs 8 croreSubroto Bagchi shared the inspiring story of Soumendra Das, who, after facing job scarcity, pursued skills at ITI Puri. Das established a s...
- TPG-owned digital engineering company Altimetrik to acquire SLK Software for $600 millionThe acquisition will bolster Altimetrik's end-to-end enablement services and expand its customer reach. The combined entity will employ ove...
- Altimetrik nears Rs 5,100 crore acquisition of SLK SoftwareAltimetrik, a US-based digital services firm, is close to acquiring SLK Software. The deal values SLK between $500-600 million. Altimetrik ...
- Eye on AI, tech companies rejig top deck, plan structural overhaulIndia’s IT services sector is undergoing leadership and structural changes due to AI’s rising influence and a tough business environment. S...
- IT’s fresher hiring set to double in FY26 with more than 150,000 additionsTech services fresher hiring is set to double in FY26, exceeding 150,000. IT firms and GCCs are expanding in AI, cloud, and GenAI despite m...
- India’s IT services: getting GenAI-ed?For the first time, top executives of TCS and Wipro, among others, have acknowledged that the correlation between workforce addition and re...
- Mission FY26: IT’s time to reboot hiringIndia's software services industry, valued at $254 billion, anticipates a 10-12% increase in hiring for FY26, driven by a projected 10-15% ...
- Talent-hungry GCCs fish for professionals at tech pools of IT firmsExperts believe there is a consistent shift in tech talent hiring across engineering, research & development (ER&D), business process manag...
- LTIMindtree and HCL Tech could rally 15-27% in 1 year: Positioned for strong growth amid GCC expansionGlobal Capability Centers in India have experienced substantial growth over the past decade. From FY15 to FY23, GCC revenues grew at a CAGR...
- Microsoft to train 2 million Indians in AI by 2025: Satya NadellaMicrosoft chairman and chief executive Satya Nadella was delivering a keynote address in Mumbai during his 3-day annual visit to India. He ...
- LTIMindtree opens Mexico City delivery centreThe centre will support the company’s capabilities in the region, bringing LTIMindtree’s services closer to its customers in the SAP and di...
- In rough year, IT companies ask employees to work from office more oftenTata Consultancy Services (TCS), LTIMindtree, Wipro, Persistent Systems and others told ET about half their staff have been punching in at ...
- All digital transformation deals on track: LTIMindtree CEO Debashis ChatterjeeOn Friday, the L&T Group firm reported its combined quarterly results after the L&T Infotech and Mindtree merger in November. The combined ...
- LTIMindtree Q3 FY23: Profit dips 4.7% YoY on merger costs, holidaysNet profit for the three months ended December stood at Rs 1,001 crore compared with Rs 1,050 crore a year back. Revenue came in at Rs 8,62...
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