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TCS, Infosys see slowdown in large accounts

New Delhi, June 17 -- Tata Consultancy Services Ltd and Infosys Ltd clocked less business from a few of their marquee clients last year as global uncertainties rose, potentially slowing growth at two ... Read More


IT companies are hunting deals rather than waiting for clients to float tenders

New Delhi, June 11 -- The country's largest information technology (IT) services companies are actively hunting for deals rather than waiting for clients to float tenders, as uncertain macroeconomic c... Read More


Cognizant and Infosys are tapping a new trend in IT deals to combat tough times

New Delhi, June 10 -- Top companies globally are cutting down on the number of information technology (IT) outsourcers they are working with and consolidating work across silos to a few vendors in an ... Read More


Hexaware faces challenges in one of its top three accounts

New Delhi, June 9 -- Hexaware Technologies Ltd is facing challenges in one of its top three accounts, which will knock off at least 1% of the company's incremental revenue because of the client's cost... Read More


Cognizant wins $1 billion deal from US-based healthcare company

Bengaluru, June 6 -- Cognizant Technology Solutions Corp. recently bagged a big-ticket deal from a US-based healthcare company, at a time when clients are renegotiating their engagements with informat... Read More


Young workforce shrinks at TCS and Infosys. Is the pyramid model breaking?

New Delhi, June 5 -- India's top two IT companies-Tata Consultancy Services Ltd (TCS) and Infosys Ltd-are seeing a sharp decline in their young workforce, raising concerns over the sustainability of t... Read More


Staffing firms find it more profitable putting employees in GCCs than IT firms

Bengaluru, June 4 -- Staffing firms and job search platforms such as Quess Corp Ltd, TeamLease Services Ltd and Info Edge (India) Ltd are finding it more profitable to help place experienced professio... Read More


Infosys CEO Parekh gets 22% pay hike in FY25, stays second-highest paid IT CEO

New Delhi, June 2 -- Infosys Ltd chief executive Salil Parekh's salary rose 21.7% last year to touch Rs.80.62 crore, the company's latest annual report released on Monday showed, as he retained his po... Read More


Infosys-Cognizant trade secrets battle nears end

Bengaluru, May 28 -- A 10-month legal battle between two of the world's largest information technology (IT) services companies may be drawing to a close, with a Dallas court asking Cognizant and Infos... Read More


Infosys-Cognizant legal battle on trade secrets nears its end

Bengaluru, May 28 -- A 10-month legal battle between two of the world's largest information technology (IT) services companies may be drawing to a close, with a Dallas court asking Cognizant and Infos... Read More