Avik Das

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

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

TCS chief executive officer K Krithivasan's remuneration rose to ₹28.1 crore in FY26, while the company said employee salary increases remained aligned with market trends

The steep drop in profit was mainly due to higher raw material cost, employee expense and tax

Prime Minister Narendra Modi on Sunday appealed to Indians to reduce their gold purchases for a year in a move to encourage foreign exchange savings amid the crisis in West Asia

Fractal co-founder Srikanth Velamakanni said the company expects to benefit as OpenAI and Anthropic accelerate efforts to embed AI tools across enterprise workflows

Companies still weighing work from home appeal

Nasscom president Rajesh Nambiar warned that a prolonged West Asia crisis could delay global firms' GCC investment decisions in India

OpenAI and Anthropic's PE-backed AI services push could challenge traditional IT firms as model companies move closer to enterprise workflows and execution layers

Global regulators and Indian banks race to strengthen cybersecurity as Anthropic's Claude Mythos raises fears of AI-powered systemic financial attacks

FIS says GCCs must evolve beyond support roles by building future-ready talent, expanding global leadership and scaling trusted AI adoption

Ravi Pandit co-founded KPIT Technologies with Kishor Patil in the 1990s and helped build the firm into a global automotive software and mobility solutions company

Hexaware Technologies reported a 7.5 per cent rise in first-quarter net profit and maintained its annual growth guidance amid strong AI-led deal momentum

India's GCC ecosystem crossed 2,000 centres and generated nearly $100 billion in revenue in FY26, driven by AI adoption, higher-value work and skilled talent

Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector

Apple bets big on India's rising middle class as strong iPhone sales and exports make the country a key growth and manufacturing hub

Cognizant may cut up to 15,000 jobs as it pivots to an AI-led model, reflecting deeper shifts in IT services economics and weakening demand

Infosys sees strong traction in AI services as enterprises adopt AI gradually, with large deals, resilient pricing, and sectoral growth driving optimism

Cognizant plans layoffs and restructuring under Project Leap, focusing on AI-led transformation, productivity gains, and cost savings amid a challenging macro environment

LTTS, an engineering research and development (ER&D) company, reported an 8.3 per cent rise in revenue in the fourth quarter but its dollar revenue growth was flat at 0.3 per cent