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
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
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
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
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
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
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
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... Read More
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... Read More
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... Read More