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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...- 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, ...
- HCL Tech shares give Rs 59,000 crore shock in 3 days as stock down 15%. More pain ahead?HCL Tech shares have plunged sharply after weak Q4 earnings and subdued FY27 guidance, triggering multiple broker downgrades and target cut...
- Tech Mahindra deal wins & AI push offer hope for FY27; management guidance key trigger: Aditya ShahTech Mahindra reported steady quarterly results. A significant deal with Orange in Europe offers future revenue potential. The company is s...
- IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
- HCL Tech shares wipe out Rs 38,000 crore as target price falls to Rs 1,165. Why every second broker is busy downgradingHCL Technologies share price plummeted nearly 10%, wiping out Rs 38,000 crore in market cap following a brutal Q4 earnings report. The IT m...
- Anthropic's new Claude Mythos model: A new threat in the waiting for Indian IT stocks?Indian IT stocks may face fresh turbulence as Anthropic’s preview model, Mythos, raises disruption risks. Analysts warn its sharp gains in ...
- What to expect from HCL Tech Q1 earnings? Omkar Tanksale answersThis largely impacted the operating margin negatively. However, the worst is over, and there are green shoots in terms of demand as they ha...
- Top four IT companies see sharp drop in hiring in Q3The hiring slowdown trend began in the second quarter, when the four companies net hired 28,836, which was about half of what they had adde...
- Wipro, HCL Tech continue to add employees in Q2Bengaluru-headquartered software services firm Wipro, which also reported its quarterly numbers today, reported a net increase in headcount...
- HCL Technologies plans to increase Nagpur headcount to 5000 in two yearsHCL Nagpur has grown by creating opportunities for local talent through their #ComeBackHome and #StayRooted campaign, which resulted in ove...
- Hiring at top four IT firms touches eight-year highAfter a dip in the previous fiscal, net hiring at the top four IT companies hit a high of 78,500.
- HCL Technologies to replace employees doing simple software testing with domain experienced staff“People acquiring new skills in new technology areas are the future. So, there will be flattening of the pyramid,” he told ET in an intervi...
- HCL sees small dip in overall headcountThe software services division saw a reduction of 1,638 employees while infrastructure services division reported a net addition of 638.
- IT: Cos must drive up sales to justify staff additionThe steeper headcount addition by top IT players hints at stronger demand scenario. But have these companies been able to truly leverage th...
- HCL Infosystems expands Jaipur facility; adds 300 peopleIT firm HCL Infosystems today said it has expanded its software development facility in Jaipur with the addition of more than 300 people at...
- HCL unlikely to make campus offersTo save on the cost of training, one of the leading domestic software exporter HCL Technologies said it will hire people 'just in time' of ...
- HCL Q2 revenues up 39 percentHCL Technologies reports a 39 percent jump in its revenues for the second quarter of 2006-07 at Rs 1,465 cr.
- Techie headcount at a new high in Q2Infosys, TCS, Wipro and HCL Technologies together hired 23,150 people in Q2 which is a record in itself.
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