IT Services

Black Box and AIONOS collaborate to accelerate enterprise AI adoption

Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment

Updated On: 02 Jun 2026 | 12:27 AM IST

Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million

The additional investment in the insurance technology firm is expected to strengthen Wipro's AI- and IP-led transformation capabilities in the property and casualty segment

Updated On: 02 Jun 2026 | 12:24 AM 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

Mphasis bets big on AI with launch of outcome-based Tria platform

Invested 1.5% of revenue over the last two years to build it

Updated On: 27 May 2026 | 11:51 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

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

IT firms paid record ₹1.3 trn to shareholders in FY26 despite AI headwinds

India's top IT firms returned a record ₹1.3 trillion to shareholders in FY26 even as AI disruption slowed profit growth and pressured valuations

Updated On: 12 May 2026 | 11:44 PM IST

Why IT services firms are loosening their purse strings amid AI shift

As the model shifts to AI-led transformation, the $300 bn sector will see more M&As, consolidation & layoffs

Updated On: 12 May 2026 | 9:48 PM IST

New threat to Indian IT services? Anthropic to launch AI services firm: What it means

Anthropic has teamed up with Goldman Sachs, Blackstone and other global investors to launch a $1.5B venture focused on deploying AI directly inside companies.

Updated On: 12 May 2026 | 2:51 PM IST
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Q4 Earnings Outlook: IT, Auto, Pharma, FMCG, Metals — What to expect | Business News | Share market

India Inc heads into the Q4 FY26 earnings season navigating a complex mix of geopolitical tensions, uneven demand trends, and cost pressures.

Updated On: 27 Apr 2026 | 12:43 PM IST
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IT services major LTM to launch AI-linked pricing model in FY27

LTM plans to launch Blueverse Credit, an AI-based pricing model combining human effort and digital employees, shifting beyond traditional billing methods

Updated On: 27 Apr 2026 | 6:05 AM IST

Companies to increase IT spending, expect more bang for their buck

IT budgets are expected to remain steady in 2026 as enterprises raise spending on AI, cybersecurity, and platform-led technology services beyond pilot-stage experimentation

Updated On: 26 Apr 2026 | 10:45 PM IST

Infosys profit grew 21% in Q4; pegs revenue growth for FY27 at 1.5-3.5%

The firm posted a 20.9 per cent year-on-year (Y-o-Y) increase in net profit to ₹8,501 crore for Q4, while revenue rose 13.4 per cent to ₹46,402 crore

Updated On: 24 Apr 2026 | 12:05 AM IST

Tech budgets will not rise much, says Persistent CEO Sandeep Kalra

Tech budgets set for modest growth as macro pressures persist, with firms prioritising AI, data readiness, and high-impact digital investments

Updated On: 22 Apr 2026 | 11:25 PM IST

Mastek shares down 5% after Q4 profit dips; revenue sees modest rise

Mastek reported a 2 per cent quarter-on-quarter decline in its consolidated net profit to 106.2 crore for Q4FY26, compared to ₹108.4 crore in the previous quarter

Updated On: 20 Apr 2026 | 12:53 PM IST

Wipro Q4 results: Net profit dips 1.9%, signals weak growth outlook

Wipro reports marginal Q4 profit decline and muted revenue growth, flags weak Q1FY27 guidance amid geopolitical uncertainty and slow ramp-up of large deals

Updated On: 16 Apr 2026 | 11:57 PM IST

After TCS Nashik case, other IT firms caught in social media storm

A post on X alleged that many girls were complaining of jihadi harassment at Infosys' BPO office in Pune. The post, which did not give any details, was deleted later

Updated On: 16 Apr 2026 | 8:52 AM IST