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HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...- 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 ...
- 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 ...
- HCL Tech shares rise 3% after signing 7-year deal with Guardian Life InsuranceHCLTech shares rose 3% after the IT major announced a seven-year deal with The Guardian Life Insurance Company of America to expand their s...
- HCLTech acquires Guardian India Operations for $10.5 millionThe company also signed a fresh seven-year technology services agreement with the insurer. The acquisition is expected to close on August 1...
- Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
- 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...
- HCLTech's workforce declines by 3,292 in Q1 FY27HCLTech's workforce shrank by a net 3,292 employees during the April-June quarter of FY2026-27, marking its sharpest quarterly decline in a...
- HCL Tech Q1 Results: Profit rises 20% YoY to Rs 4,624 crore; co declares Rs 12 dividendHCL Technologies Q1 results: IT services company HCL Tech reported a 20% year-on-year (YoY) growth in its consolidated net profit at Rs 4,6...
- Tier 2 cities emerge as next frontiers for India's growing GCC ecosystemRajeshwar Singh Jenwar, Director and HoD, Software Industry Promotion Division, Ministry of Electronics and Information Technology (MeitY),...
- 120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
- 35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
- IT corner offices land massive hikes, cubicles get single digitsAnnual report disclosures of Tata Consultancy Services (TCS), Infosys, Tech Mahindra, and LTM showed the ratio of CEO compensation to media...
- IT braces for a cold Q1 as guidance cuts loom in the horizonAnalysts widely expect companies in the sector to lower full-year growth guidance, as client spending remains constrained by macroeconomic ...
- Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Jobseekers flood market after global tech layoff waveA significant surge of over 56,000 Indian tech professionals from major global companies are now actively seeking new jobs, a fourfold incr...
- Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
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