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TCS EMPLOYEE REVENUE
Top 5 IT services companies see 3.3% staff productivity boost in Q1; Wipro the only laggard as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
Infosys Q1 profit rises 12% and revenue 14%; Ashiss Kumar Dash to take charge next fiscalDash, 54, will succeed Salil Parekh, whose second term will end in April after over nine years at the helm of Infosys, where he grew revenu...
India's IT giants grapple with weak growth despite resilient deal momentumInfosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue ...
Infosys headcount falls by 532 employees in June quarterThe Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit ...
HCLTech CEO C Vijayakumar's remuneration jumps 67% to $18.13 million in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
HCLTech CEO C Vijayakumar's remuneration jumps 67% to Rs 175 crore in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
Skyroot eyes a rocket a month; FIFA final drives delivery appsHappy Monday! Skyroot is gearing up for more frequent Vikram rocket launches. This and more in today’s ETtech Morning Dispatch.
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
TCS’ annualised AI revenue rises to $2.6 billion in Q1The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, whil...
HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
LTM keeps headcount steady at 87,886 in June quarter as hiring remains cautiousLTM ended the quarter with a stable workforce, showing improved employee utilization. The company reported strong financial performance wit...
ETtech Q&A | TCS sees better Q2 show on stressed sectors’ turnaroundMacroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, whic...
Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
Why TCS employee addition just hit 4-year high amid AI job loss fearsTCS added 9,279 employees in Q1FY27, marking its strongest quarterly hiring in four years amid growing concerns over AI-led job cuts. The I...
TCS' next growth phase hinges on AI investments, not just deal momentumTata Consultancy Services reported flat dollar revenue and margin contraction in the June quarter. AI revenue shows growth but remains a sm...
TCS Q1 net rises 5% to Rs 13,349 crore, revenue up 14% on BFSI business liftIndia's largest software services firm on Thursday reported a net profit of Rs 13,349 crore for the April-June quarter.
TCS CEO K Krithivasan says AI will not reduce white-collar jobsKrithivasan's comments followed the announcement of TCS' Q1 earnings. In the first quarter of FY27, India’s largest software services firm ...
TCS adds over 9,200 employees in Q1 FY27Voluntary attrition in the company's IT services business, measured on a last-twelve-months basis, stood at 13.6%, a level the company has ...