Avik Das

Avik Das

Enterprise AI adoption low due to high token usage, low RoI: Cognizant CEO

Cognizant CEO Ravi Kumar says excessive AI token spending without clear business outcomes is widening the gap between AI capabilities and enterprise adoption

Updated On: 08 Jun 2026 | 12:05 AM IST

AI is rewiring the software industry by collapsing traditional workflows

Autonomous agents are shortening project timelines and changing how people work in the sector, reports Avik Das

Updated On: 08 Jun 2026 | 12:03 AM IST

Goldman Sachs Services India head Gunjan Samtani to retire this year

Samtani, who spent 16 years with Goldman Sachs and nine years in his current role, will be succeeded by Ken Castelino and Balaji Sivasubramanian as co-heads

Updated On: 04 Jun 2026 | 5:23 PM IST

Demand for forward deployed engineers surges as companies adopt AI

Demand for forward deployed engineers is soaring as enterprises and AI firms seek specialists who can bridge business needs and accelerate AI adoption

Updated On: 04 Jun 2026 | 12:12 AM IST

IT major Wipro CEO Pallia's salary down 15.7% to $5.29 million

The decline in Srini Pallia's compensation was primarily due to lower variable pay, as IT firms continue to navigate a challenging demand environment

Updated On: 03 Jun 2026 | 8:31 PM IST

Infosys workforce age profile shifts as young, older staff near parity

The workforce change reflects how India's IT services sector has moved up the value chain, with firms relying more on experienced talent for digital and AI-led client work

Updated On: 03 Jun 2026 | 8:01 PM IST

It's return of the natives as Indian techies' American dream fades

The flow of Indian technology professionals to the US is slowing, while the number returning to India is rising amid visa uncertainty, weaker hiring, and shifts in the global tech job market

Updated On: 02 Jun 2026 | 10:41 PM IST

Infosys CEO Salil Parekh's salary rises 2.5% to ₹82.6 crore in FY26

Infosys CEO Salil Parekh's pay rose 2.5% to ₹82.6 crore in FY26 as the company sharpened its focus on enterprise AI adoption

Updated On: 29 May 2026 | 11:45 PM IST

Happiest Minds banking on large deals to maintain double digit growth

Happiest Minds bets on large deals, AI-led demand, and regional diversification to sustain double-digit growth amid macro uncertainty

Updated On: 29 May 2026 | 8:54 PM IST

TCS ties up with Mistral to build custom AI models for enterprise clients

TCS will leverage Mistral Forge to build custom AI models for enterprises across BFSI, manufacturing, healthcare and the public sector

Updated On: 28 May 2026 | 11:16 PM IST

Yet to see slowdown in sales post govt's gold directives: Titan MD

Titan said it will take another four to six weeks to assess the impact of higher gold import duty and the PM's appeal to reduce gold consumption on consumer sentiment

Updated On: 26 May 2026 | 6:46 PM IST

US Green Card directive may add new uncertainty for Indian aspirants now

The USCIS memo does not change Green Card law, but immigration lawyers say it may make the final adjustment-of-status stage less predictable for applicants

Updated On: 24 May 2026 | 11:29 PM IST

Our demand for tech resources will fall in 3 years: Barclays India CEO & MD

Barclays India to slow tech hiring as AI-driven productivity reshapes GCC operations

Updated On: 24 May 2026 | 10:22 PM IST

LTM offers to buy Randstad's Europe, Australia businesses for €160 million

LTM plans to acquire Randstad's Europe and Australia tech units for €160 million to deepen AI, cybersecurity and digital engineering capabilities

Updated On: 22 May 2026 | 10:52 PM IST

LTM offers to buy Randstad's Europe, Australia businesses for 160 mn euro

The acquisition will help LTM expand its AI, engineering and cybersecurity capabilities in Europe and Australia while strengthening its presence in aerospace, defence and financial services

Updated On: 22 May 2026 | 2:36 PM IST

Wipro's long wait for a turnaround continues after more than a decade

Srini Pallia, the insider leading the company, is focusing on large deals to boost revenue

Updated On: 20 May 2026 | 11:28 PM IST

GCCs trump IT services sector in net hiring for third consecutive year

India's global capability centres added nearly 200,000 employees in FY26, outpacing the IT services sector as firms accelerated in-house technology operations and AI-led transformation

Updated On: 20 May 2026 | 7:40 PM IST

Piper Serica launches ₹800 crore Bharat Tech Fund for deep-tech startups

Mumbai-based asset manager plans to invest in 22 semiconductor, defence, AI and space-tech startups through Series A and B rounds over a six-year holding period

Updated On: 20 May 2026 | 3:43 PM IST

TCS rolls out average salary hikes of 6-8% for employees in India

High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added

Updated On: 18 May 2026 | 11:15 PM IST

L&T Technology Services aims to double AI patent filings in three years

LTTS plans to expand its AI and GenAI patent portfolio to 500 filings over three years as it sharpens focus on engineering innovation and enterprise AI adoption

Updated On: 17 May 2026 | 6:56 PM IST