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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


HCLTech eyes software biz reboot in AI era

New Delhi, March 25 -- 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 three... Read More