FTX debtors settle claims over Embed deal with Sam Bankman-Fried, othersThe settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.
TCS bidding for a slice of $50 billion US NIH contractsIndia’s largest software exporter is bidding for a share in the 75 to 125 contracts--termed as the Chief Information Officer-Solutions and ...
Infosys to look for internal and external candidates for COO roleInfosys, Wipro COOs to retire this year
Accenture’s strong bookings could mean better deal pipeline for IT firmsLast week, Accenture reported significant growth in outsourcing and consulting deals, with total new bookings worth $16 billion in the quar...
IT firms to see $900 billion digital tech market by 2025: AnalystsIT services providers are looking at a potential $900 billion digital technology-led services market by 2025, as more organisations transfo...
India's cash-rich IT firms look to acquire deals for steady revenue flowIndia's largest technology services exporter Tata Consultancy Services recently said it would acquire 100% stake in Deutsche Bank AG's unit...
IT firms to see WFH clauses in more contractsIn the wake of the Covid-19 pandemic however, more work-from-home clauses are likely to disrupt the current service delivery model.
Wipro sees a winner in TopCoderWipro bagged TopCoder, a marketplace with nearly 1.5 million freelance engineers, data scientists and designers in 2016, as part of its $50...
Covid-19 impact: IT firms seek client waivers so staff can work from homeThe spread of the coronavirus is causing issues for IT services companies and they are just beginning to evaluate the impact. IT services e...
US woes and sluggish fin, health arms may mute Cognizant Q4 nosAnalysts expect deal-signings to slow ahead of the US Presidential elections in November, which contributes 85% to Cognizant’s overall reve...
Tech services firms look to turn a page with content moderationContent moderation work involves tasks like filtering a video, image or text with hate messages, which could end up hurting organisations, ...
Infosys creates a unit to respond to call of the telecom billionsThe new unit — communications and services — is headed by Anand Swaminathan, global leader for communications, media and technology, based ...
Fresher-heavy talent pyramid of Infy heads to USA large number of these fresh graduates will be trained in emerging technologies such as machine learning, artificial intelligence, and des...
Cognizant Technology Solutions offers cash in lieu of options for senior managementThe announcement of buyback along with a host of changes including a voluntary separation scheme for senior employees.
Wipro brings consulting business under digital unit umbrellaThe restructure comes weeks after Wipro undertook its biggest organisational overhaul in the last five years.
Semiconductor foundry market up 16.2% at $34.6 bn in 2012: GartnerGlobal market for semiconductor foundry rose by 16.2% to $34.6 bn last year on account of growing demand for smartphones, Gartner said.
Reader's Digest bankruptcy may hit HCL Tech, IT firm may lose $350-million contractThree years ago, HCL Technologies signed a $350-million, 7-yr contract with Reader’s Digest Association, an iconic brand that is now strugg...