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IBM ANNUAL REVENUE
Wipro CEO Pallia takes home Rs 49.6 crore in FY26Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The ...- India's GCC model shifts from cost to capability as AI, talent strains biteIndia's dominance in global capability centres is evolving. These hubs are now integrated, managing complex functions beyond support. Risin...
- US stocks today: S&P 500 rises on Mideast peace hopes as oil prices dipUS stocks ended slightly higher as markets reacted to mixed corporate earnings and shifting geopolitical signals around Iran peace talks. S...
- The ‘Inevitables’: Warren Buffett's framework for finding companies that will dominate for decadesWarren Buffett divided the investment universe into Inevitables, Highly Probables, and Impostors. The Inevitables are companies whose domin...
- US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
- Cisco shares hit record on strong forecast, AI push with job cutsThe jump, if sustained, would mark the best day for the stock since a robust earnings reports in May 2002 sparked a furious rally in the ...
- Kyndryl plans job cuts, forecasts pretax profit below estimatesSoftware firm Kyndryl announced job cuts and a new cost-saving plan. The company expects annual pretax profit to be lower than Wall Street ...
- Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
- IBM gets lift from software, AI demand as consulting slipsIBM surpassed second-quarter revenue expectations and raised its annual growth outlook for its software business due to increased AI-relate...
- IBM forecasts annual revenue growth above estimates on AI adoption rushIBM forecasts full-year revenue growth above market estimates, banking on stable demand for its IT software and consultancy services from b...
- IBM misses first quarter revenue estimates; cuts growth forecast to 6%-8%The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IB...
- IBM CEO Arvind Krishna’s total compensation drops by a million to $16.5 million in 2022The CEO’s basic (base) salary stood at $1.5 million which was the same as the previous year. A sum of $8.9 million was available with him t...
- IBM cuts 3,900 jobs, misses annual cash targetChief Financial Officer James Kavanaugh told Reuters that the company was still "committed to hiring for client-facing research and develop...
- IBM expects to exceed annual revenue target on resilient cloud momentumIBM, whose cloud revenue rose 11% to $5.2 billion in the quarter, now expects the company's annual sales to increase more than its previous...
- IBM likely to sell Watson Health for $1 billion: ReportAccording to Axios, IBM spent more than $4 billion to build Watson Health via a series of acquisitions. The business now includes health ca...
- IBM to spin off $19 billion business to focus on cloud computingIBM CEO Arvind Krishna said the split will help IBM focus on its cloud platform and artificial intelligence, while the newly formed company...
- TCS' revenue from Tata Sons, its units touch Rs 2,400 croreTCS has been working on boosting revenue from the Tata Group, a move started under former chairman Cyrus Mistry and expected to gain steam ...
- IBM pitches supercomputer Watson to top Indian clientsThe strong push for Watson in India comes at a time when IBM is fighting hard to save its $1-billion (Rs 6,350 crore) outsourcing contract ...
- Infosys, TCS shining in IT valuation leagueDomestic IT giants like Infosys, TCS and Wipro carry a mkt valuation of up to 13 times their annual revenue.
- BRIC nations fastest growing global IT marketsIBM foresees an opportunity of $150 bn by 2010 from India, China, Brazil & Russia.
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