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Muted Q4 awaits IT large caps as clock ticks slow on AI gainsForrestor expects tech services spending in the U.S to grow by 5.2% in 2026, and global tech services spending to grow at 4.6%, with the la...
Explained: Why Wipro, Infosys and other IT stocks rose up to 1% despite Rs 12 lakh crore market selloffShares of IT companies outperformed the broader market on Monday, with Wipro, LTIMindtree, and Persistent Systems rising up to 1% despite a...
Dabur may rope in Hershey's Herjit Bhalla as its India chiefDabur India is set to appoint Herjit S Bhalla from The Hershey Company as its new India CEO. Bhalla will report to Mohit Malhotra, who is m...
Wipro shares rally 4% ahead of Q3 results. What are brokerages expecting?Wipro shares rose ahead of its Q3 results due later today, as investors tracked expectations of muted growth and margin pressure. Brokerage...
IT large caps back on acquisition track to boost skills, footprintTata Consultancy Services (TCS), Infosys, HCLTech, Wipro, and Tech Mahindra together made seven acquisitions so far in 2025, up from five i...
IT executive exodus: a primer on breach of contract, lawsuitsIT major Wipro has filed at least two legal complaints against its former senior executives including former senior vice president Mohd Haq...
IT Pay Hikes: Here is a list of companies who gave increments, and who delayedThese divergent strategies adopted by major Indian IT companies underscore the complex and ever-changing dynamics of the service industry, ...
Indian techies may be in for a long wait as IT firms defer hikesInfosys and HCLTech have chosen not to implement raises, while Wipro has postponed its announcement to the third quarter. Tech Mahindra has...
Top four IT companies log 40% drop in large client additions in FY23Top four IT majors, Tata Consultancy Services, Infosys, HCLTech and Wipro, added 80 large clients which are classified as deals in the $10 ...
IT union NITES slams Wipro's move to cut freshers' salary, calls it 'unfair'IT sector employees union NITES has slammed the move, saying the decision is "unjust" and "goes against the principles of fairness and tran...
Byju’s bags $250M from existing backers; sharp hiring cuts at top four IT firmsIndia’s largest edtech firm has been facing turbulent times over the past six months, with questions being raised about the 18-month delay ...
Wipro, Infosys, Tech Mahindra revoke offer letters given to freshers: reportTop IT and tech firms like Wipro, Infosys and Tech Mahindra have reportedly revoked offer letters given to students after delaying their jo...
Nomura downgrades Indian IT on concerns over earnings, growth"Fast changing macroeconomic conditions, hawkish Fed stance to tame inflation through continued interest rates hikes and profit warnings by...
Wipro 3rd IT company to hit Rs 3 lakh crore mcapWipro touched a record Rs 3 lakh crore (or Rs 3 trillion) in market capitalisation, becoming only the third Indian IT company to do so afte...
We expect things to improve in the second half of 2016: Debashis Chatterjee, CognizantIn an interview with ET, he says that although the company on Monday came out with its bleakest growth forecast in years it expects things ...
US downgrade not to impact Indian IT cos including TCS, Wipro & Infosys in short term: Nasscom"Although global economic environment is a cause for concern, it is not likely to impact Indian IT industry in near-term future," Nasscom P...
Too early to assess US downgrade implication: WiproIT major Wipro today said it was too early to make any assessment on the implication of the S&P downgrade of the United States' credit rati...
- ‘Unemployment in US can impact outsourcing’
Francisco D’Souza, President and CEO, Cognizant, says macro economic concerns in US continue to worry customers.
- Currency volatility may hit TCS, Infy, Wipro profits in coming quarters
Top Indian IT cos were hit by foreign exchange volatility in Sept quarter. More so, curency fluctuations are likely to dent their profit ma...
- Macro-economic factors impeding Indian IT industry
GDP of US and Europe, which contributes about 85% of revenue for top 4 Indian IT cos, is expected to de-grow. Tech Mahindra may review Saty...