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Indian IT stays ashore as Accenture surfs the cybersecurity wave

New Delhi, June 27 -- While global peer Accenture Plc is doubling down on cybersecurity, the sector appears to be on the backburner for Indian IT companies. This comes at a time when the rise of autom... Read More


Persistent Systems makes its biggest bet yet with $1.3 billion Nagarro deal

Bengaluru, June 27 -- Persistent Systems Ltd on Saturday announced its biggest acquisition since listing in 2010, aiming to leapfrog Mphasis Ltd and Coforge Ltd to become the country's seventh-largest... Read More


Shareholders quiz Infosys on AI hit as stock nears six-year low

New Delhi, June 23 -- At least half of Infosys Ltd's 22 shareholders virtually present at its 45th annual general meeting (AGM) on Tuesday quizzed the management on the company's declining share price... Read More


AI, weak demand cloud FY27 outlook for Indian IT

Bengaluru, June 22 -- Just three months into the fiscal year, analysts are already questioning whether Indian IT's Big Five can meet the full-year guidance they laid out in April after Accenture fell ... Read More


A year in, Cyient CEO reshapes leadership to revive growth

BENGALURU, June 18 -- A little more than a year after taking over as chief executive of Cyient Ltd, Sukamal Banerjee has reshaped much of the senior leadership team at one of the country's rare family... Read More


AI jitters trigger another sell-off in IT stocks

Bengaluru, June 18 -- Accenture Plc plunged 18% to a nine-year low on Thursday, sparking a wider sell-off in homegrown information technology (IT) companies listed in the US, as the world's biggest IT... Read More


If you can't beat 'em, join 'em: HCLTech charts new AI path with Sarvam stake

New Delhi, June 17 -- HCL Technologies Ltd's new minority stake in Sarvam AI marks a distinct shift in how India's top information technology (IT) services firms are navigating the artificial intellig... Read More


Beat the peers, drop the stock: The brutal reality facing Cognizant CEO Ravi Kumar S

New Delhi, June 17 -- During his first shareholder address, on 21 April 2023, Ravi Kumar Singisetti, who had taken over as Cognizant Technology Solutions Corp.'s chief executive three months earlier, ... Read More


Beat the peers, drop the stock: The brutal reality facing Cognizant's CEO

New Delhi, June 17 -- During his first shareholder address, on 21 April 2023, Ravi Kumar Singisetti, who had taken over as Cognizant Technology Solutions Corp's chief executive three months earlier, m... Read More


Beat the peers, drop the stock: The brutal reality facing Cognizant CEO Ravi Kumar

New Delhi, June 17 -- During his first shareholder address, on 21 April 2023, Ravi Kumar Singisetti, who had taken over as Cognizant Technology Solutions Corp.'s chief executive three months earlier, ... Read More