Exclusive

Publication

Byline

Indian IT mega deals rise on AI push

New Delhi, Jan. 26 -- India's top offshoring firms just reported a prolific quarter of billion-dollar contracts, but that also signalled a stark new reality for the $283-billion sector: an intensifyin... Read More


Indian tech firms' mega deals rise on AI push

New Delhi, Jan. 26 -- India's top offshoring firms just reported a prolific quarter of billion-dollar contracts, but that also signalled a stark new reality for the $283-billion sector: an intensifyin... Read More


Coforge, Mphasis defy seasonality, beat market expectations in Q3

New Delhi, Jan. 23 -- Defying seasonal weaknesses, mid-sized information technology (IT) outsourcers Coforge Ltd and Mphasis Ltd beat analyst expectations for the October-December 2025 quarter, mirror... Read More


Tech Mahindra's $500m-plus Telefónica deal, one of its biggest ever deal wins

New Delhi, Jan. 21 -- Tech Mahindra Ltd has bagged one its largest deals ever, a five-year contract worth more than $500 million from Spanish telecom major Telefónica O2. The deal strengthens chi... Read More


LTIMindtree, Persistent lead mid-cap revenue as regulatory costs hit bottom lines in Q3

Bengaluru, Jan. 20 -- Two of the country's mid-sized information technology (IT) services companies, LTIMindtree Ltd and Persistent Systems Ltd, beat analyst expectations, mirroring the performance of... Read More


After Q3 beats, is Indian IT turning the corner?

BENGALURU, Jan. 20 -- India's IT bellwethers may have beaten Street expectations in the December quarter (Q3FY26), but the relief looks fleeting. Even as earnings surprises lifted sentiment in the Oc... Read More


CEO rallies evaporate in a flash as investors punish Wipro and LTIMindtree amid IT slump

New Delhi, Jan. 20 -- In less than two trading sessions, investors of Wipro Ltd have wiped out almost 90% of the stock's gains since its new chief executive Srinivas Pallia took over in April 2024. Ov... Read More


Wipro, Tech Mahindra outshine TCS, Infosys in weak Q3 for IT

New Delhi, Jan. 16 -- Wipro and Tech Mahindra, which have trailed both larger and smaller peers in recent years, outperformed India's two largest information technology (IT) services firms Tata Consul... Read More


LTIMindtree bags $330 million contract from central tax department to upgrade tax analytics platform with AI

New Delhi, Jan. 16 -- LTIMindtree Ltd won a contract valued at Rs.3,000 crore ($332 million) from the Central Board of Direct Taxes (CBDT), making it the third-largest order for the IT services compan... Read More


Infosys beats revenue estimates in Q3, sees demand recovery gathering pace

New Delhi, Jan. 14 -- Infosys Ltd reported better-than-expected results for the December quarter, adding to early signs of a demand recovery in India's $283-billion IT services industry even as margin... Read More