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IT stocks rally as AI deals, valuations draw investorsIndian IT stocks saw a significant surge on Monday, outperforming the broader market. The Nifty IT index reached its highest point since Ap...
Infosys, Wipro, TCS, other IT stocks jump up to 4%: What’s behind the bullish sentiment in a muted market?IT stocks, including Infosys and TCS, surged up to 4% on Friday, driven by Wipro's expanded partnership with ServiceNow to scale AI workflo...
TCS Q4 profit up 12%, revenue rises 9.6% amidst AI growth and deal winsTata Consultancy Services reported a 12% rise in net profit to Rs 13,718 crore for the March quarter, exceeding analyst expectations. Despi...
TCS Q4 net profit jumps 12% to Rs 13,718 crore on strong deal wins, weak rupeeTCS reported a 12% net profit rise to ₹13,718 crore in Q4, exceeding expectations despite a 2.4% annual revenue decline in constant currenc...
TCS rides AI demand; mega deals power Q4 resultsPer COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ec...
TCS shares in focus ahead of IT firm’s Q4 earnings announcement. What to expect?Investors are keenly watching TCS's earnings announcement following a significant IT stock plunge. Analysts anticipate moderate revenue and...
TCS Q4 Preview: First results after AI-led crash. Will the IT bellwether spook or soothe investors?Tata Consultancy Services will report its March quarter results soon. Analysts expect steady growth, driven by international markets and st...
TCS can offer Rs 35 dividend, share buyback soon, says CLSA after Rs 3,593 target priceCLSA has maintained an Outperform rating on Tata Consultancy Services with a target price of Rs 3,593, implying 39% upside. The brokerage s...
TCS, ServiceNow enter multi-year partnership to scale enterprise AI adoptionTata Consultancy Services (TCS) and ServiceNow signed a multi-year partnership to accelerate artificial intelligence adoption for enterpris...
TCS and ServiceNow partner to accelerate large-scale AI adoption for enterprisesTata Consultancy Services (TCS) has entered a multi-year partnership with ServiceNow to accelerate enterprise AI adoption across business f...
Fear factor: Claude Cowork, techies no work?Anthropic’s launch of Claude Cowork, an AI tool for collaborative work, sparked a global software stock sell-off worth $285 billion. Indian...
TCS' annualised AI revenue at $1.5 billion: CEOCEO K Krithivasan said our quarter-on-quarter growth on AI alone has gone up by over 16.3%. TCS has executed nearly 5,500 AI engagements fo...
Zomato layoffs; OpenAI’s $300 billion valuationFood delivery major Zomato has asked 500 of its junior-level employees to leave. This and more in today’s ETtech Top 5.
Together’s AI fund; IT deals’ proactive renewalsHappy Monday! Freshworks founder Girish Mathrubootham’s VC firm Together is eyeing the final close of its AI-focussed fund. This and more i...
HCLTech rolls out two more AI Labs in Noida, LondonEarlier in November, the Noida-headquartered IT major announced setting up an AI-cloud native lab in Singapore. Previously, it had set up s...
Extra toppings: B.Tech grads with AI, ML or IoT skills are earning 150% more than peersCampus recruiters are increasingly seeking engineering graduates with additional skills in emerging technologies like AI, ML, and IoT. Thes...
Demand for cloud is changing the nature of deals: InfosysIn the second quarter of the ongoing fiscal year, Infosys’ digital revenue (a large part of which is revenue from cloud services) was $2.2 ...
KL Deemed to be University achieves highest-ever placement offers; secures 3,200+ corporate offers
How Covid-19 pushed India's IT industry to shed its reticence and go shopping world overIn mid-October, Wipro acquired Eximius Design based in San Jose, US. Tech Mahindra bought out two firms — digital enterprise tech provider ...
Why Tata Consultancy Services is redefining itself to rise in JapanAt a strategy level, it is about redefining how TCS wants to accomplish its vision of becoming an IT major with a truly global footprint.