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TECHNOLOGY SERVICES FIRM NEWS
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
- In active talks with Indian govt, received encouraging feedback: StarlinkStarlink is actively discussing its satellite services with the Indian government. The company has received positive feedback on its potent...
- Stocks in news: Emcure Pharma, Dixon Technologies, Ajanta Pharma, Godrej Properties, VedantaIndian markets experienced a volatile session, closing higher amidst mixed signals. Bulls are defending the 23,000 level in Nifty, but unce...
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
- Nuvei to value Payoneer at about $2.7 billion including debt in deal, sources sayCanadian payments firm Nuvei is nearing a deal to buy Payoneer Global. The acquisition is valued at approximately $2.7 billion. This move w...
- Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike saysChina-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant inv...
- US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- GCCs outpace IT services in tech hiring, driving AI & cloud talentGlobal capability centres are now adding more employees than IT services firms in India. This trend shows a shift in how advanced technolog...
- TCS renews 1.5 million sq ft Chennai office lease in Rs 1,420-cr rental dealTata Consultancy Services (TCS) has renewed its lease for nearly 15 lakh sq ft of office space in Chennai for 10 years, committing approxim...
- DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
- TCS signs multi-million euro AI deal with Canada LifeUnder the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres...
- CMR Green Technologies IPO allotment today: Check status online as GMP signals 34% listing premiumCMR Green IPO Allotment Status: CMR Green Technologies IPO investors are set to receive allotment updates on June 8 after the Rs 631 crore ...
- Kuwait launches online visa service for domestic workers, drivers; revises sponsorship rulesKuwait has introduced a new digital service for managing domestic workers and drivers. Citizens and expatriates can now use the Sahel app f...
- Trai plan to regulate internet TV triggers pushback from OTT, broadcaster groupsIn a bid to regulate, India's telecom authority TRAI is exploring potential guidelines for online television services, sparking a backlash ...
- Indian companies pitch products, seek partnerships at mega tech trade event in TaiwanWhile the event witnessed significant participation from Indian buyers, a handful of Indian companies also exhibited at COMPUTEX 2026, whic...
- Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
- Foreign law firms pick up the India case amid uncertaintiesForeign law firms are establishing dedicated India desks across Asia, the Middle East, and Europe as a strategic response to ongoing uncert...
- IT stocks snap three-day rally, plunge over 5% in sharpest fall in nearly four monthsIndian IT stocks experienced their steepest single-day fall in nearly four months, plunging over 5% as concerns about AI's impact on revenu...
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