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IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
'Traffic jam on Mount Everest': Think Manali is crowded? World’s highest peak just saw record 274 climbers reaching summit in one single dayA record 274 climbers reached the summit of Mount Everest from the Nepali side on Wednesday, marking the highest number of single-day ascen...
Eye on AI push, IT midcaps rejig top leadershipSince late March, companies including Cyient, Sonata Software, Birlasoft, Coforge and Mastek have announced changes across finance, operati...
IT navigates all-new ‘pay-to-play’ AI token landscapeAs AI adoption grows, IT service providers and clients are grappling with calculating the cost-benefit of token usage. With a shift towards...
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...
Uber CEO Dara Khosrowshahi begins five-day India visit; meets finance minister Nirmala SitharamanUber CEO Dara Khosrowshahi is in India, meeting top ministers to discuss strategic investments and platform growth. He highlighted a quadru...
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...
An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
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...
Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
Italy hoping to scale World Cup 'Everest' ahead of Bosnia play-off showdownItaly have one more obstacle standing between them and a return to the World Cup in the shape of Bosnia and Hercegovina, who host the Azzur...
Urban Infra VC Fund seeks cancellation of Lodha SOBO JV project’s MahaRERA registrationThe Urban Infrastructure Opportunities Fund (UIOF), part of the UIVCF, has filed a complaint alleging gross violations of the provisions of...
IT, BPM companies see a sharp rise in digital transformation dealsWith the pandemic impacting all aspects of life, businesses across varied global markets have suddenly realised the need to shift their ser...
IT sector growth to fall to 5.3 per cent in 2017: ResearchThe pessimistic estimates are a reflection partly of the widespread impact that digital disruption is having on the sector and political fa...
TCS recognised as leader by Everest Group reportTCS was recognised for its investments in next generation solutions across Automation and DevOps, and strong capabilities across the testin...
Urban Infra VC files FIR against Everest promoters for alleged misuse of fundsThe information has come to the fore in the wake of incidents relating to realty developers, Unitech and Mantri Realty, that shook up the s...
TCS recognized as 'Leader' in independent testing services by Everest GroupEverest Group evaluated 23 service providers in the independent testing services sector and mapped them on their PEAK matrix.
- Outsourcing market faces slowdown: Everest Group
The global outsourcing and offshoring market is going through a sluggish phase, marked by a drop in transaction volumes and new deal signin...
- Talent crunch forces BPOs to Tier II cities
The surge in real estate prices and a talent crunch in metros are forcing the $11 billion Indian BPO industry to move to Tier II cities in ...