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Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
Is SaaSpocalypse real? CLSA says maybe not and here’s whyInitial fears of an "SaaSpocalypse" following Anthropic's AI plug-in release have subsided. Brokerages now suggest AI is driving a shift to...
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
AI Shock: IT valuations fall near levels seen during subprime crisisIndian IT exporters' valuations have plummeted to near 2008-09 subprime crisis levels, trading at 15-18 P/E multiples. This sharp decline, ...
TCS CEO K Krithivasan takes home over Rs 28 crore in FY26 annual pay packageTata Consultancy Services CEO & MD K Krithivasan's remuneration reached over Rs 28 crore in FY26, a 6.3% increase year-on-year. This figure...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
IT's revenue per employee up in productivity winIndia's leading IT firms are seeing revenue per employee rise. This indicates a shift towards AI and automation driving productivity. Compa...
IT cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
Mphasis Q4 net profit rises 14% to Rs 510 croreMphasis has taken the spotlight with stellar financial results for the fourth quarter of fiscal year 2026, celebrating a solid 14.1 percent...
India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
Infosys Q4 headcount falls by 8,440; attrition rises to 12.6%Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood...
Infosys logs 21% jump in Q4 profitInfosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperform...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
Rs 92,000 crore ripple effect! HCL Tech’s weak Q4 drags IT pack; Infosys, Tech Mahindra slump up to 6%HCL Technologies’s weak Q4 triggered a ₹92,000 crore sell-off in IT stocks, dragging peers like Infosys and Tech Mahindra down up to 6% ami...
HCLTech Q4 net profit up 4.2% YoY to Rs 4,488 croreThe HCLTech management attributed the subdued quarterly performance to macro-uncertainties clouding the tech investment landscape and said ...
Wipro attrition falls to 13.8%, headcount inches up by 136Wipro reported a slight decrease in attrition to 13.8% and a significant slowdown in hiring, adding only 136 employees in Q4 FY26. This com...
Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
TCS declares Nashik WFH; Wipro Q4 resultsTata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ET...