‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
India a major growth market for Celonis, says senior execThe Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, H...
TCS forms business unit to help MNCs set up GCCsTata Consultancy Services has launched a new business unit, Global Value & Innovation Centres, to assist enterprises in establishing and ma...
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
Cockroach Janta Party appoints journalist, filmmaker, ex-McKinsey consultant as spokespersonsThe Cockroach Janta Party has appointed Saurav Das, Vijeta Dahiya, and Ashutosh Ranka as spokespersons. This move aims to expand the party'...
TCS signs multi-million euro AI deal with Canada LifeUnder the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres...
CBI conducts searches in Rs 661 crore IDFC First Bank-AU Finance Bank fraud caseCBI conducted searches at six locations in Chandigarh, Panchkula, and Delhi-NCR in connection with an alleged Rs 661 crore fraud. The probe...
Who is Stephen Buyer - pardoned by Donald Trump and why was Indiana Republican Congressman convicted?Stephen Buyer was found guilty in March of 2023 on four counts of securities fraud, and was sentenced in September of that year to 22 month...
UK-based database management firm DSP opens first overseas GCC in Bengaluru, partners GoodWorks GroupUK database firm DSP has launched its first overseas Global Capability Centre in Bengaluru. This marks DSP's entry into India. The new cent...
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...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
TCS shares crash 8%, log worst single-day fall since historic COVID plunge. More pain ahead?Tata Consultancy Services (TCS) shares experienced their steepest single-day drop since March 2020, plummeting over 8% on Wednesday. This s...
Curbs on ads by accounting firms lifted: ICAIThe Institute of Chartered Accountants of India has updated its ethics code. This allows chartered accountants and their firms to advertise...
TCS shares soar 7%, up nearly 9% in just two sessions! What are technical charts indicating?TCS shares jumped as much as 7% on Tuesday, extending their two-day gain to nearly 9% as investors snapped up the stock after months of und...
Metals rally largely priced in, limited upside seen after strong cyclical run: Sandip SabharwalMarket expert Sandip Sabharwal advises caution, seeing stock-specific chances but limited broad market conviction. He notes Wockhardt's app...