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VENDOR CONSOLIDATION DEALS
Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...- 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 ...
- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...
- Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- West Asia Conflict: Supply chain woes hit smaller brands harder amid inflationAmid ongoing supply chain challenges and the burden of rising operational costs, smaller consumer goods players are feeling the squeeze. Th...
- Largecap IT stocks as a value play? BNP Paribas’ Kumar Rakesh issues a reality checkBNP Paribas analyst Kumar Rakesh cautions that weak FY27 guidance, AI-led disruption, and stalled client spending challenge the IT sector’s...
- Tepid FY27 revenue growth awaits top 5 IT services companiesIndia's leading IT companies expect modest revenue growth in FY27. Geopolitical issues and economic challenges are impacting client spendin...
- Bluechip safety no more? Infosys knocked out of India's top 10 valuable companies list after losing Rs 2 lakh croreInfosys, once a market leader, has lost significant value and exited India's top 10 companies. Investors are concerned about future growth ...
- Infosys logs 21% jump in Q4 profitInfosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperform...
- HCL Tech Q4 Preview: Will growth surprise investors after weak Wipro earnings?HCL Technologies is poised for a mixed March quarter, anticipating steady year-on-year growth but a sequential dip due to software seasonal...
- Slow revenue conversion to dog IT companies as AI queers the pitchDecline in annual revenue runs at even the biggest in Indian IT, such as Tata Consultancy Services (TCS) and Wipro, despite healthy deal pi...
- Wipro shares crack 4% after Q4, Rs 15,000-crore buyback. What Goldman Sachs, other brokerages are saying?Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyb...
- AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...
- ArisInfra, Capacit’e Ink Rs 800 cr construction material procurement pactArisInfra Solutions has signed a five-year procurement deal with Capacit’e Infraprojects to source construction materials worth ₹800 crore ...
- LTIMindtree won its largest deal in history due to AI approach: COOIn the second quarter ending September of the ongoing fiscal year 2025, LTIMindtree closed several multi-year projects including a $200 mil...
- IT sector logs big rise in consolidation deals from firmsThe country’s largest software firm Tata Consultancy Services (TCS) had said in January that it sees an uptick in client caution leading to...
- HCL wins large deal as Tenneco consolidates vendorsAs part of this engagement, HCL will help Tenneco enhance their IT simplification, modernisation and transformation journey while helping t...
- IT firms battle for cloud deals as clients look to consolidate vendorsAt stake is not just a large book of biz as companies risk losing existing ones in ‘win big or go home’ scenario.
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