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Mphasis board sets AI-era goals: have ample cash, be future-proof

New Delhi, May 28 -- Mphasis Ltd.'s board of directors has two clear messages for its management in the AI era-ensure the company is future-ready and has enough money to invest back into the business,... Read More


Ample cash and stable wallet share: Mphasis' two key watch points

New Delhi, May 28 -- Mphasis Ltd.'s board of directors has two clear messages for its management in the AI era-ensure the company is future-ready and has enough money to invest back into the business,... Read More


Focusing on profitable growth: LTM CEO Venu Lambu

New Delhi, May 27 -- IT outsourcer LTM Ltd's chief executive Venu Lambu is eyeing faster growth this fiscal year, driven by the company's first acquisition, despite the rise of automation tools and ma... Read More


Others open their wallets for buybacks. Cognizant turned to credit.

New Delhi, May 27 -- Cognizant Technology Solutions Corp. is financing its $2 billion share repurchase through bank credit, in a departure from the information technology (IT) industry's practice of u... Read More


You can't control the speed of innovation, says LTM CEO Lambu

New Delhi, May 26 -- LTM Ltd.'s first year under chief executive Venu Lambu has been marked by bigger bets on growth, even as the information technology sector grapples with uncertainty around artific... Read More


Top IT firms' H-1B visas slump 40%, TCS worst hit while Infosys gains

New Delhi, May 25 -- For the 1.9 million employees at India's top IT services firms, the American dream is getting harder to pursue. The companies' H-1B visa approvals have fallen sharply this year as... Read More


Non-tech firms tap AI boom with GCCs, data centres

Bengaluru, May 23 -- Non-IT companies including real estate, staffing and cab-hailing platforms are setting up GCC practices or investing in data centres to capitalize on growing tech needs as automat... Read More


Non-tech firms tap AI boom with GCCs, data centres

Bengaluru, May 23 -- Non-IT companies including real estate, staffing and cab-hailing platforms are setting up GCC practices or investing in data centres to capitalize on growing tech needs as automat... Read More


Beyond tech: real estate, staffing firms invest in data centres, GCC practice to meet growing needs

New Delhi, May 22 -- Non-IT companies including real estate, staffing and cab-hailing platforms are setting up GCC practices or investing in data centres to capitalize on growing tech needs as automat... Read More


LTM makes its first acquisition for $186 million, to buy Randstad's Europe, Australia units

New Delhi, May 22 -- LTM Ltd is acquiring Randstad's subsidiaries in Europe and Australia for $186 million as chief executive officer Venu Lambu buys out a former employer's businesses in the first ac... Read More