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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 league
Domestic 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 markets
IBM foresees an opportunity of $150 bn by 2010 from India, China, Brazil & Russia.