IT Services

Safe harbour 2.0: Bigger net, lingering doubts as firms seek clarity

Revamp raises threshold, but experts warn of interpretational hurdles

Updated On: 22 Jun 2026 | 11:32 PM IST

Govt's AI strategy problem: Why sovereign models may not be the answer

India should focus on AI talent, innovation and global integration rather than spending public funds on building a sovereign large language model, argue the authors

Updated On: 21 Jun 2026 | 10:02 PM IST

AI agents: The silent workforce shift across India's IT services industry

Behind the automation wave, India's IT sector is reshaping talent, delivery and the future of work

Updated On: 21 Jun 2026 | 9:25 PM IST

Coforge aims to double revenue to $5 bn by 2030, says CEO Sudhir Singh

The mid-tier IT firm plans to drive growth through large deals, AI investments, acquisitions and expansion in healthcare, public-sector and GCC businesses

Updated On: 16 Jun 2026 | 11:01 PM IST

TCS to take additional $70 million blow from DXC Technology case in US

The suit accused TCS of exploiting software access granted to Transamerica employees, who were transferred to TCS in a $2 billion deal

Updated On: 16 Jun 2026 | 10:44 PM IST

India's IT firms paid record ₹1.3 trillion to shareholders amid AI led disruption

India’s top 16 IT services companies paid a record ₹1.3 trillion to shareholders in FY26 through dividends and share buybacks, marking the fastest growth in payouts in nine years.

Updated On: 08 Jun 2026 | 3:50 PM IST
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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

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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