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How mid-tier IT firms have bucked the trend to add headcount

New Delhi, May 8 -- The Indian tech sector has been under the weather due to uncertainty in developed economies, impacting demand and the need to hire tech professionals by software service providers.... Read More


Lam Research expands semiconductor supply chain in India

New Delhi, May 8 -- US-based semiconductor giant Lam Research is extending its global semiconductor fabrication equipment supply chain to include India. The move comes as the company aims to meet the... Read More


AI projects may fail without sufficient support in data infrastructure: Study

New Delhi, May 8 -- Around 20% of AI projects might not succeed without sufficient support in data infrastructure, found a recent study conducted by intelligent data infrastructure provider NetApp. Th... Read More


CIOs struggle to balance AI investments with business goals

New Delhi, May 8 -- Technology leaders are struggling to balance AI investments with objectives, despite the push for artificial intelligence (AI) and generative AI (Gen AI) tools, according to a new ... Read More


Infosys partners with ServiceNow to build Gen AI solutions for customer experience

New Delhi, May 8 -- IT services firm Infosys has collaborated with ServiceNow to develop generative AI-based industry solutions for customer experience, especially in industries such as telecom, finan... Read More


LTIMindtree and IBM partner to launch gen AI center for India

New Delhi, May 7 -- Indian IT firm LTIMindtree announced on Tuesday that it has partnered with American technology company IBM to establish a global, joint Generative AI Center of Excellence (CoE) in ... Read More


Setting up 2-5 GCCs every month: ANSR?EUR(TM)s Vikram Ahuja

New Delhi, May 7 -- Global capability centre (GCC) consulting firm ANSR is establishing one to two GCCs monthly for its large enterprise clients, said co-founder Vikram Ahuja in an interaction with Te... Read More


Tata Elxsi teams up with Arm to expedite software-defined vehicle evolution for OEMs

New Delhi, May 7 -- Global technology and design services provider Tata Elxsi has joined hands with Arm, the global semiconductor design and software platform company, to deliver cutting-edge solution... Read More


Happiest Minds Tech Q4 FY24: profit grows 25%, Revenue Up 10%

New Delhi, May 7 -- IT firm Happiest Minds Technologies reported a 24.83% increase in consolidated net profits at Rs 71.98 crore for the quarter ended March 2024. The Bengaluru-based firm expects to c... Read More


Banxso's Model of Innovation: Strategic Insights for India's Fintech Ambitions

New Delhi, May 7 -- Banxso, a leader in South Africa's FX & CFD brokerage sector, has emerged as a beacon of innovation and strategic expansion, successfully navigating the global financial landscape ... Read More