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LTIMindtree seals largest deal yet with Paramount Global, worth atleast $585 million

New Delhi, Oct. 7 -- LTIMindtree Ltd has bagged its largest-ever deal from Paramount Global, the New York-based media conglomerate, according to three people with knowledge of the matter. The win come... Read More


Lawyers question Trump's authority to impose H-1B visa fees, vow to fight till the end

New Delhi, Oct. 7 -- Three of the seven lawyers who filed a case challenging US President Donald Trump's executive order to raise H-1B visa fees to $100,000 last month questioned his authority to incr... Read More


Mint explainer: What's next for H-1B visas? A lawsuit in the US could stymie Trump's plans

Bengaluru, Oct. 6 -- US President Donald Trump's decision to raise the H-1B visa fee for new applicants tenfold to $100,000 has met with a legal hurdle. On 23 September, at least nine complainants, in... Read More


Donald Trump's H-1B visa fee hike encounters a legal roadblock

Bengaluru, Oct. 4 -- US President Donald Trump's decision to raise the H-1B visa fee for new applicants has hit a legal hurdle, and it is not from the information technology sector, which accounts for... Read More


Hexaware faces $500 million patent lawsuit

bengaluru, Oct. 3 -- American information technology (IT) services firm Natsoft Corp. sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages fro... Read More


Hexaware faces $500 million patent lawsuit

New Delhi, Oct. 2 -- American IT services firm Natsoft Corp. has sued Hexaware Technologies Ltd for breach of contract and patent infringement, seeking $500 million in damages from the latter, in one ... Read More


Not just jobs, AI is coming for existing IT deals in India

Bengaluru, Sept. 24 -- Artificial intelligence (AI) is rewriting the rules for India's $283 billion IT industry, affecting not just new deals but also existing contracts. Jatin Dalal, chief financial... Read More


Small, mid-sized IT firms shrug off impact of US visa fee hike on business

New Delhi, Sept. 23 -- Indian technology firms are playing down fears over US President Donald Trump's order on a big hike in H-1B visa fees that could make recruitment of Indian workers in the US alm... Read More


US bank Truist plans GCC in Hyderabad, Infosys likely to bid

New Delhi, Sept. 16 -- Truist Financial Corp., one of the US's largest banks, is looking to open a tech centre in Hyderabad, according to two people with knowledge of the matter. This will mark the en... Read More


Infosys approves fifth buyback worth Rs18,000 crore, its largest

New Delhi, Sept. 11 -- Infosys Ltd said it will spend Rs.18,000 crore to repurchase shares from the market, marking the biggest buyback yet by India's second-largest IT services company. The company ... Read More