LTM aims to double revenue to $10 billion by FY31, bets big on AI-led deals

New Delhi, May 8 -- LTM Ltd aims to double its revenue to nearly $10 billion by FY31, a year ahead of its earlier guidance, even as the rise of automation tools and an uncertain geopolitical environme... Read More

Cognizant trims shareholder payouts as AI dealmaking gathers pace

New Delhi, May 5 -- Cognizant Technology Solutions Corp has become the third largest Indian heritage IT services firm - after Tata Consultancy Services Ltd and HCL Technologies Ltd - to dial back shar... Read More

How Infosys is adapting as GCCs move outsourcing work in-house

Bengaluru, May 4 -- Infosys Ltd is accelerating its push into global capability centres (GCCs), leaning into a structural shift that otherwise threatens its core outsourcing business and that of the b... Read More

Infosys boosts GCC push amid outsourcing shift

Bengaluru, May 4 -- Infosys Ltd is accelerating its push into global capability centres (GCCs), leaning into a structural shift that otherwise threatens its core outsourcing business and that of the b... Read More

Cognizant to lay off employees as AI drives 'real and accelerated change'

BENGALURU, May 2 -- Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly li... Read More

Cognizant to lay off employees as AI drives 'real and accelerating' change

BENGALURU, May 2 -- Cognizant Technology Solutions Corp. is cutting jobs as it pivots towards artificial intelligence (AI), marking one of the first instances of a large IT services firm explicitly li... Read More

Infosys wins $500 mn GCC deal from US firm

BENGALURU, April 30 -- Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making it the ... Read More

Cognizant to cut 4,000 jobs amid slowdown

BENGALURU, April 30 -- Cognizant Technology plans to cut about 4,000 jobs, or roughly 1% of its workforce, according to two people with knowledge of the matter, as slowing demand and a push toward aut... Read More

Cognizant to cut 4,000 jobs as AI push, weak demand weigh on outlook

Bengaluru, April 29 -- Cognizant Technology plans to cut about 4,000 jobs, or roughly 1% of its workforce, according to two people with knowledge of the matter, as slowing demand and a push toward aut... Read More

Infosys secures largest GCC deal

BENAGLURU, April 29 -- Infosys Ltd has won a contract worth upwards of $500 million from US-based Truist Financial Corp. to set up and run a global capability centre (GCC) in Hyderabad, making it the ... Read More

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