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MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
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...
AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
AI use cases may lead to Rs 100 crore savings for Air IndiaAir India is leveraging AI extensively, developing over 30 in-house tools to save approximately Rs 100 crore annually. These AI application...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
TCS aims to be world's largest AI tech firm; 130 top AI clients onboarded: CEO KrithivasanTCS is targeting global leadership in AI-led technology services. A significant majority of its top clients are already collaborating with ...
An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
Wipro bags Alpha Net client contracts in $71-million dealThe acquisition will give Wipro access to a set of key clients, customer contracts and related employees from Alpha Net Group. The deal als...
AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
Indian IT still alive & kicking; companies need us to access AI gains: TCS CEO K KrithivasanDespite predictions of its demise, Indian IT services, led by TCS, are proving resilient due to deep skill sets, not just cost arbitrage, C...
TCS to acquire Coastal Cloud for $700 million in all-cash dealIT major Tata Consultancy Services (TCS) has announced that it will acquire a 100% stake in Coastal Cloud for an all-cash consideration of ...
PwC India to acquire Bengaluru-based Venerate SolutionsUpon completion of the acquisition, Venerate and its team of consultants and developers will integrate with PwC India's salesforce practice...
PwC to acquire Bengaluru-based Venerate SolutionsFounded in 2016, Venerate builds and deploys customised solutions on the Salesforce platform across multiple clouds
Cognizant in talks to buy French Salesforce consulting co, to add 345 employeesCognizant said it was entering into exclusive negotiations to buy the French operations of El-Technologies, a digital consulting and Salesf...
Cognizant to buy SaasFocus to boost Asia-Pac businessSaaSFocus has about 350 Salesforce consultants and client in Australia and India.
IBM brings Salesforce partner Bluewolf to IndiaIBM will focus on verticals like telecom, utilities and financial services to deliver Salesforce's solutions, using Bluewolf's delivery cap...
Persistent Systems announces acquisition of PARXThis acquisition follows last year’s acquisition by Persistent of Australia’s leading Salesforce consulting partner, PRM Cloud Solutions. P...