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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...
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...
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...
Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
IT firms push M&A deals to cover AI’s revenue impactWhile the capital deployment is aggressive, Karan Uppal, vice-president of Phillip Capital, highlighted that from a revenue contribution pe...
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 ...
Xoriant makes third acquisition with Jaipur-based FexleChrysCapital-backed Xoriant aims to elevate its Salesforce practice, advance AI capabilities and optimise data utilisation by integrating F...
Salesforce to layoff 10% of employees, close some of its officesSalesforce Inc has announced that it would lay off about 10% of its employees and close some offices as a part of its restructuring plan, r...
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
With Ignite, Salesforce looks to keep the fire burning brightCloud computing co starts its design-thinking division 'Ignite' in India
Persistent Systems on PARX acquisition at valuation of up $16 millionThe Swiss firm is a Salesforce Platinum partner with a strong presence in the DACH region on Germany, Austria and Switzerland with about 80...
Persistent Systems acquires Australia's PRM Cloud SolutionsPRM primarily focuses on healthcare, construction and property management, with key customers that include Honda, Rio Tinto, Furniture Opti...