IT Companies

The Indian IT/ITeS sector is one of the largest employment generating sector. The industry is expected to have an employee base of 5.8 million in FY26, according to UnearthInsights

US-based IT firm Salesforce, which has witnessed multi-fold growth in its business and investment, will continue to invest and grow in India, as the country has the right set of talent pool available, its Executive Vice President and MD (South Asia) Arun Kumar Parameswaran said. Salesforce started operations in India in 2005 with its first centre of excellence in Hyderabad. Now, the company is spread to six locations in India with an annual revenue of USD 1 billion and a workforce of over 13,000. India is the second-biggest market for the company after the US. "We were about 2,500 in 2020...now, we have a headcount of over 13,000, over a five-fold jump...we will continue to invest and grow in India because the country has a lot of skills that everybody wants to hire," he told PTI in an interaction. Besides, he said the company has a proven track record of being able to deliver innovation at scale and speed. The global customer relationship management (CRM) technology solutions gian

On the bourses, Coforge share price zoomed up to 5.98 per cent to hit an intraday high of ₹1,866 per share post Q2 results.

Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%

HCLTech's revenue from operations for the quarter stood at ₹31,942 crore, up 10.7 per cent year-on-year (Y-o-Y) from ₹28,862 crore, and 5.2 per cent quarter-on-quarter (Q-o-Q) from ₹30,349 crore

However, the revenue from operations decreased by approximately 3.87% to ₹918.1 crore in Q2FY26; it had reported ₹955.09 crore in the same quarter of last financial year

Platform-based, intellectual property-driven models trigger cases

The companies had discussions with the government after the US administration announced a sharp hike in H-1B visa fees to a staggering $100,000

IT cos seeking talent from non-tech backgrounds to tap into AI expertise

The move marks a clear change of direction just weeks after Trump called for the resignation of the company's new chief Lip-Bu Tan over his "highly conflicted" ties to Chinese firms

Infosys penalised in Singapore for GST delay; acquires 75% stake in Telstra's Versent Group to advance AI-led cloud and digital offerings in Australia

The investment is part of Acer India's localisation roadmap, focused on boosting domestic production

The sector is trading at a discount to the BSE Sensex and trailing price/earning (P/E) multiple for the first time in the past four years

Birlasoft shares fell up to 3.4 per cent to an intraday low of ₹368.70 per share on Friday, reflecting investor reaction to the below-par results and weak deal momentum.

Even as top line growth holds steady, IT giants such as TCS, Infosys and Wipro are shedding jobs, signalling a shift to automation, pyramid reset and legacy rationalisation

Domestic equity markets closed lower due to a sell-off in heavyweight stocks like Reliance Industries, HDFC Bank, and Infosys, amid weak earnings from IT and FMCG sectors

Atishay stock was up 6.2 per cent at ₹136.95 compared to the previous day's close of ₹128.95 on the BSE

While LTIMindtree's top line marginally missed Bloomberg estimates of ₹9,855.4 crore, the bottom line outperformed expectations pegged at ₹1,194 crore.

Tech giant Microsoft has announced to shut down its limited operations in Pakistan as part of its global strategy to reduce workforce, which various stakeholders termed on Friday as a troubling sign for the country's economy. Microsoft, while closing its office in Pakistan on Thursday after 25 years, cited global restructuring and a shift to a cloud-based, partner-led model. The move came as the tech giant cut roughly 9,100 jobs worldwide (or about 4 per cent of its workforce) in its largest layoff round since 2023. Jawwad Rehman, former founding Country Manager of Microsoft Pakistan, urged the government and IT minister to engage with the tech giants with a bold KPI (Key Performance Indicators) driven plan. He said the exit reflected the current business climate. Even global giants like Microsoft find it unsustainable to stay, he posted on LinkedIn. Former Pakistan president Arif Alvi, in a post on X, also expressed concern over Microsoft shutting down operations. It is a troubl

Between December 31, 2024 and June 25, 2025 the Nifty IT index has slumped 9.90 per cent, in stark contrast to the Nifty 50, which is up 6.76 per cent during the same period, NSE data showed.