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HCLTech stock plunges on weak guidance, AI-led growth concerns

New Delhi, April 22 -- ================================================ HCL Technologies Ltd's weak growth outlook and client challenges in the fiscal elicited a cold reaction from investors a day af... Read More


HCLTech sees muted FY27 after fastest growth in three years

Bengaluru, April 21 -- HCL Technologies Ltd closed the previous fiscal year (FY26) with its fastest revenue growth in three years, but flagged a slower outlook for the current fiscal year amid an unce... Read More


Cognizant's board will oversee its AI usage

Bengaluru, April 20 -- Cognizant Technology Solutions Corp. has become the first homegrown information technology (IT) services company to grant its board complete oversight of artificial intelligence... Read More


Buybacks vs business: Wipro's Rs.15,000 cr payout leaves investors cold as revenue declines for third straight year

New Delhi, April 17 -- Wipro Ltd's share repurchase worth Rs.15,000 crore - its largest - failed to cheer investors a day after its announcement as underlying weakness in its business clouded optimism... Read More


Wipro announces Rs.15,000 crore buyback amid revenue decline, weak outlook

Bengaluru, April 16 -- Wipro Ltd on Thursday announced its largest-ever share buyback of Rs.15,000 crore, even as India's fourth-largest information technology (IT) services company capped a third str... Read More


Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services

New Delhi, April 15 -- Wipro Ltd will acquire certain contracts from an IT company in California for $71 million, bringing its total acquisition spending in the first month of the fiscal year to almos... Read More


TCS logs first annual revenue decline since listing despite Q4 recovery

Bengaluru, April 9 -- Tata Consultancy Services (TCS) closed FY26 with a modest recovery in quarterly growth, but not enough to offset a broader slowdown that pushed it into its first full-year revenu... Read More


AI roles surge across India's top IT firms as automation reshapes growth

Bengaluru, April 8 -- As artificial intelligence (AI) reshapes global tech spending, India's IT services majors are responding with a leadership reset. New chief AI roles, dedicated business units, an... Read More


Wipro gets $1 bn contract from Singapore's 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 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