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TCS Q1 preview: CEO Krithivasan's toughest earnings test yet

New Delhi, July 8 -- Barely four years ago, Tata Consultancy Services Ltd (TCS), the bellwether of the Indian IT industry, was delivering double-digit growth despite its scale. Fast forward to the pre... Read More


After nearly a decade of decline, DXC lays out a turnaround plan

Bengaluru, July 8 -- DXC Technology expects revenue to decline for a ninth straight year, yet the US-based IT services company is keeping its chin up, betting that a sharper focus on artificial intell... Read More


IT giants delay fresher hiring as business uncertainty clouds campus offers

New Delhi, July 7 -- For India's college graduates, the ghost of AI isn't the only thing haunting their job prospects. Now, the world's largest information technology (IT) firms are making them wait a... Read More


AI token bills are Indian IT's new metric

New Delhi, July 6 -- The artificial intelligence (AI) boom that India's largest information technology giants spent three years championing now comes with a costly caveat: the token bill. After first... Read More


HCLTech drives away with $1.14 billion Mercedes deal

Bengaluru, July 4 -- HCL Technologies Ltd has won a $1.14 billion contract from Mercedes-Benz that was previously held by rival Infosys Ltd, three people aware of the matter said, in the first mega-de... Read More


HCLTech ends three-year mega-deal drought with $1.14 billion contract from European client

New Delhi, July 3 -- HCL Technologies Ltd bagged a $1.14 billion, five-year contract from a European Fortune 50 company, ending a three-year mega-deal drought for the country's third-largest tech serv... Read More


Ferrari's former design house is hanging by a thread-extended by Tech Mahindra

Bengaluru, July 3 -- Once touted as a jewel in Tech Mahindra Ltd's crown, Pininfarina S.p.A. has become a drag on the company's finances, weighed down by an expensive lawsuit, hefty severance payouts ... Read More


Mid caps expected to trump the large caps again, this time through acquisitions

New Delhi, June 30 -- The country's mid-sized IT services firms, earning between $1-2 billion in revenue, are expected to do more business than their larger peers in the current fiscal, making it a fi... Read More


Nagarro deal jitters drag Persistent's shares to a two-year low

Bengaluru, June 29 -- Persistent Systems Ltd's shares opened 8% lower on Monday, hitting a two-year low, after the Pune-based IT services firm announced its biggest acquisition since listing in 2010 o... Read More


Persistent eyes $5 billion annual revenue by 2031 with mega Nagarro buyout

New Delhi, June 28 -- Persistent Systems Ltd is looking to anchor its long-standing European ambitions and hit a $5 billion revenue target by March 2031 through its largest-ever acquisition, German di... Read More