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Wipro gets $1 bn contract from Olam Group

Bengaluru, April 7 -- Wipro Ltd has bagged a $1 billion, eight-year contract from Singapore-based food processing major Olam Group, marking its first mega deal in nearly six years. As part of a broade... Read More


Wipro bags $1 billion contract from Singapore's Olam Group, to acquire arm Mindsprint

Bengaluru, April 6 -- Wipro Ltd has bagged a contract worth $1 billion over eight years from Singapore-based food processing company Olam Group, ending a nearly six-year drought of mega deals for the ... Read More


Exodus, revenue strain cloud Birlasoft CEO's Angan Guha's turnaround plan

New Delhi, April 3 -- Half a dozen senior-level exits and the possibility of a second straight full-year revenue decline have put the spotlight on the efficacy of a turnaround at Birlasoft Ltd under i... Read More


Oracle's massive layoff signals AI-led threat for software firms; 12-15,000 lose jobs in India

India, April 2 -- American technology major Oracle Corporation's decision to part ways with 30,000 employees globally-almost 19% of its total workforce-has sent shockwaves through the organization. It... Read More


Indian mid-size IT companies look beyond US: Asia, Africa emerge as new growth hotspots

New Delhi, March 31 -- Three of India's mid-sized IT companies-Persistent Systems Ltd, Hexaware Technologies Ltd and Firstsource Solutions Ltd-are looking to scale up their business and employ more pe... Read More


UK's National Grid invest up to $400 million for an India GCC

New Delhi, March 31 -- National Grid UK Ltd has outlined plans to spend up to $400 million to establish a tech facility in India, joining several global companies setting up back-end centres in the co... Read More


In a fresh H-1B salvo for IT firms, US moots 11% higher pay for new hires

New Delhi, March 28 -- The US Department of Labor has proposed new rules with a near 11% increase in base wages for new H-1B visa applicants, a move that could raise costs for large information techno... Read More


Infosys' FY26 deal spree hits record as AI reshapes IT cos

Bengaluru, March 27 -- Infosys Ltd's announcement late on Wednesday to buy two US-based technology services firms for $560 million takes its acquisition spend during a fiscal to an all-time high, refl... Read More


Infosys' $560 million bet on two US tech firms is its all-time highest M&A spend in a year

New Delhi, March 26 -- Infosys Ltd's announcement late Wednesday to buy two US-based tech services firms for $560 million takes its acquisition spend in a fiscal to an all-time high, reflecting the pr... Read More


HCLTech eyes software business reboot in AI era

Mumbai, March 26 -- HCL Technologies Ltd is restructuring its software products business as it looks to grow the legacy portfolio acquired from International Business Machines (IBM) more than threefol... Read More