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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


Indian IT increases vigil on deal conversations even as AI eats revenue

New Delhi, April 28 -- In a shift from the 'growth at any cost' era, IT services industry leaders like Infosys Ltd, HCL Technologies Ltd, and Tech Mahindra Ltd are increasingly avoiding low-margin con... Read More


Indian IT's big boys admit concerns around AI-led deflation

New Delhi, April 27 -- A little more than three years after the launch of ChatGPT, the chief executives of India's top information technology (IT) services companies are beginning to acknowledge conce... Read More


Sonata Software CEO Samir Dhir steps down

MUMBAI, April 25 -- Samir Dhir will step down as chief executive officer of Sonata Software Ltd, the company said on Saturday, marking the first leadership change at a large Indian IT services firm in... Read More


Transition at Sonata: Rajsekhar Datta Roy is new CEO as Samir Dhar steps down

MUMBAI, April 25 -- Samir Dhir will step down as chief executive officer of Sonata Software Ltd, the company said on Saturday, marking the first leadership change at a large Indian IT services firm in... Read More


INFOSYS BEATSexpectations,Flags rising THREAT FROM AI

bengaluru, April 24 -- Infosys Ltd beat analysts' expectations as it grew at its fastest pace in three years in the last fiscal year, even as it flagged the potential impact of artificial intelligence... Read More


Infosys has its best growth in 3 years, but Big Five have another uncertain year ahead

New Delhi, April 23 -- Infosys Ltd beat analysts' expectations as it grew at its fastest pace in three years in the last fiscal year, even as it flagged the potential impact of artificial intelligence... Read More


Tech Mahindra rebounds from a two-year revenue decline

Bengaluru, April 22 -- Tech Mahindra Ltd reversed a two-year revenue decline in 2025-26 despite demand uncertainty weighing on India's $297-billion information technology (IT) services sector, as it e... Read More


HCLTech flags weaker outlook after FY26 surge

Bengaluru, April 22 -- HCL Technologies Ltd closed the previous fiscal year (FY26) with its fastest revenue growth in three years, but flagged a weaker outlook for the current fiscal year amid an unce... Read More


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