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AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
IT services giants in a bind as mid-caps soak up the revenueMid-tier IT services firms are outperforming larger rivals in revenue growth, driven by a focused approach on specific growth areas like cl...
Margin pressures lurk below AI pricing playShift to usage-based AI pricing may boost large-scale IT despite short-term margin pressures, writes Shristi Achar.
SC refuses to reopen 2021 ruling exempting foreign software payments from royalty taxThe Supreme Court has once again dismissed the income tax department's review petitions concerning the taxation of software payments to non...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
Rs 2.5 lakh crore wiped out: Why Nifty IT just recorded its worst week since 2020India’s Nifty IT index plunged 10% in a week, marking its steepest fall since March 2020, as weak Q4 earnings and cautious guidance trigger...
Mutual funds raise tech exposure in March after 8-year low. Tactical move or trend reversal?Mutual funds raised tech exposure in March after an eight-year low, driven by tactical rebalancing and improved valuations. Experts say glo...
Should investors buy TCS, Infosys ahead of Q4 results or AI risk too big to ignore?Indian IT stocks face pressure ahead of Q4 results, with Nifty IT down nearly 20% this year. Investors weigh a potential buying opportunity...
Mphasis launches AI unit to focus on business outcomesAnup Nair, a veteran technology leader at Mphasis, will assume the role of chief architect and chief technology officer at Mphasis.ai.
Mphasis rallies 6% as Blackstone, others set to acquire majority stakeFollowing the development, Mphasis rose 6.32 per cent to hit a high of Rs 1,805 on BSE.
Carlyle emerges frontrunner to acquire Mphasis from BlackstoneCarlyle Group is negotiating with at least half a dozen banks and a pension fund to buy out Blackstone’s stake in Mphasis. Binding offers d...
Mphasis, Oodrive sign partnership agreementCertSign complies with the General Security Repository and the elDAS European regulations.
Mphasis signs new multi-year deal with UK's The Ardonagh GroupThe scope of the service provision includes management of hybrid cloud infrastructure, network services, service desk, desktop engineering ...
Mphasis hosts hackathon to boost innovation among.Net &Java developersMphasis BSE: 526299; NSE: MPHASIS , an Information Technology IT solutions provider specialising in cloud and cognitive services, recently ...
Mphasis snaps up US-based tech company Stelligent for $25 millionStelligent has a team of over 50 engineers with 100 certifications, the statement said, adding it serves some Fortune500 companies as well.
Mphasis acquires cloud automation company Stelligent Systems for $25 millionStelligent Systems specialises in DevOps automation on Amazon Web Services (AWS), which means, as more enterprises move to the cloud, Stell...
Mphasis launches HyperGraf for big data analyticsMphasis Next Labs, launched in March this year, is a strategic initiative to research and innovate on emergent and future paradigms.
Mphasis launches HyperGraf for big data analyticsIT services provider Mphasis announced the launch of HyperGraf for big data analytics, enabling real-time decision making for enterprises