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INFOSYS CONTRACT RENEWAL
IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet ChadhaMarket expert Gurmeet Chadha advises investors to be selective in the IT sector, despite attractive valuations, focusing on stock-specific ...
Sensex recovers 850 points from day’s low, Nifty closes above 23,400. One big reason behind sharp market rebound!Indian stock markets staged a strong comeback on Wednesday afternoon. This recovery followed earlier sharp declines. Media reports indicate...
India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
Sensex rebounds 1,800 pts from day’s low, settles in green; Nifty above 22,700 as rupee strengthensIndian stock markets experienced significant volatility on Thursday, with a sharp crash triggered by US President Trump's comments on Iran....
IT contracts worth $13 billion up for renewal in coming quartersAbout $13 billion worth of IT deals are set for renewal by December, with TCS, Infosys, HCLTech and Wipro competing for mega contracts. Ove...
IT services firms see proactive deal renewals by clients on AI upsurgeThis is likely to see a decline of longer-tenured contracts upwards of 5-10 years with a greater number of shorter period and smaller sized...
Infosys renews deal with Europe’s Posti group for 7 years“As part of the engagement, Infosys will help Posti enhance customer experience and operational efficiency while continuing to innovate, sc...
Time to hit refresh: IT deals worth $26 billion up for grabsOf the contracts up for grabs around sixteen are worth over $500 million or more and approximately 62 deals are over $100 million, accordin...
IT companies see shift in deal scope on GenAI, muted marketIndian IT service firms are adapting to client demands for enhanced productivity and expanded scope of work, potentially impacting profit m...
Drop in renewal deals poses revenue challenge for top IT firmsDeal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making e...
Infosys plans walk-in recruitment event in Bengaluru on March 9Infosys' hiring comes after a renewal of four big-ticket contracts, spurring the need for more professionals. The company has sent a broadc...
Tech boost? several US federal contracts up for renewal in next two quartersExperts are of the view that while it's still hard for Indian companies to crack large US federal deals that are up for renewals over the n...
TCS, Infosys and other Indian IT cos gear up for deal renewals of over $100 billionOutsourcing contracts of more than $100 billion are coming up for renewal during 2016-17 from customers including Deutsche Bank, UBS, Mitsu...
Infosys and Wipro in fight to renew Rs 12,000 crore outsourcing contract that will expire this year“A lot of the deals that are coming up are obviously incumbent Infosys or Wipro clients, so it’s their market share to lose,” said Frances ...
Renewal deals worth $55 billion to put IT majors like Infosys, Wipro, IBM at warIndia's biggest software outsourcing cos prepare for an intense battle to gain a share of IT deals worth over $55 bn being renewed by top c...
TCS, Infosys in fray for Airtel's $1-2 bn IT contractTCS, Infosys and Wipro are vying for Bharti Airtel's IT services contract said to be worth $1-2 billion, which is likely to close soon.
HCL Tech bullish on the year ahead with strong lineup of contracts: CEO Anant GuptaHCL’s comments come at a time when larger rivals Infosys and Tata Consultancy Services have flagged the likelihood of a softer March quarte...
- ABN to renew $1 bn IT outsourcing deals
The original contract signed by ABN Amro in 2005 was worth $2 bn, spread over 5 yrs, and had five vendors - TCS, Infosys, Patni, IBM and Ac...
- Retaining contracts will be tough
Chased by regulators and battered by investors, Satyam Computer may find it increasingly tough to fend off competition and retain contracts...
- IT bets big on $38 bn IM deals set for renewal
The contracts are from different industry segments with those from telecom being the largest at about $22.4 billion, a source tracking thes...