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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... और पढ़ें


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 ... और पढ़ें


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... और पढ़ें


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... और पढ़ें


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... और पढ़ें


Indian IT stays ashore as Accenture surfs the cybersecurity wave

New Delhi, June 27 -- While global peer Accenture Plc is doubling down on cybersecurity, the sector appears to be on the backburner for Indian IT companies. This comes at a time when the rise of autom... और पढ़ें


Persistent Systems makes its biggest bet yet with $1.3 billion Nagarro deal

Bengaluru, June 27 -- Persistent Systems Ltd on Saturday announced its biggest acquisition since listing in 2010, aiming to leapfrog Mphasis Ltd and Coforge Ltd to become the country's seventh-largest... और पढ़ें


Shareholders quiz Infosys on AI hit as stock nears six-year low

New Delhi, June 23 -- At least half of Infosys Ltd's 22 shareholders virtually present at its 45th annual general meeting (AGM) on Tuesday quizzed the management on the company's declining share price... और पढ़ें


AI, weak demand cloud FY27 outlook for Indian IT

Bengaluru, June 22 -- Just three months into the fiscal year, analysts are already questioning whether Indian IT's Big Five can meet the full-year guidance they laid out in April after Accenture fell ... और पढ़ें


A year in, Cyient CEO reshapes leadership to revive growth

BENGALURU, June 18 -- A little more than a year after taking over as chief executive of Cyient Ltd, Sukamal Banerjee has reshaped much of the senior leadership team at one of the country's rare family... और पढ़ें