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Avik Das

Avik Das

Page 13 - Avik Das

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates

CEO Srinivas Palia blames tariff war and macro woes for revenue slide

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates
Updated On : 18 Apr 2025 | 12:05 PM IST

AI, data science engineers getting paid up to Rs 50 lakh: Quess report

Jobs in generative artificial intelligence (GenAI), platform engineering and UI/UX have reported growth of 32 per cent, 26 per cent and 25 per cent, respectively

AI, data science engineers getting paid up to Rs 50 lakh: Quess report
Updated On : 15 Apr 2025 | 8:03 PM IST

IT major Wipro eyes GCC service line in bid to catch up with peers

Wipro will help multinational companies set up their GCCs in India, operate and then transfer the entity back to the parent company - popularly known as the BOT model - after a few years

IT major Wipro eyes GCC service line in bid to catch up with peers
Updated On : 14 Apr 2025 | 12:10 AM IST

Trump's registration rules not to impact H-1B holders, but rise in concern

The move is part of US President Donald Trump's attempt to crack down on illegal immigration and deport millions living illegally

Trump's registration rules not to impact H-1B holders, but rise in concern
Updated On : 13 Apr 2025 | 10:09 PM IST

We will not use GenAI in Daimler trucks anytime soon: Raghavendra Vaidya

We have created a bunch of tools to automatically analyse what is going inside the truck and predict which part fails when. That makes our warranty business more profitable, says Vaidya

We will not use GenAI in Daimler trucks anytime soon: Raghavendra Vaidya
Updated On : 13 Apr 2025 | 9:29 PM IST

TCS defers salary hikes amid global uncertainty, US tariff concerns

The hikes will be implemented later in the financial year, once there is greater clarity and the outlook improves, company executives said at a press conference on Thursday

TCS defers salary hikes amid global uncertainty, US tariff concerns
Updated On : 11 Apr 2025 | 1:10 AM IST

Mainframe business critical and India a vital cog: IBM's Ric Lewis

While many consider it a legacy technology, and perhaps no longer at the forefront of today's technology conversations, it remains indispensable to innovation in enterprise businesses

Mainframe business critical and India a vital cog: IBM's Ric Lewis
Updated On : 09 Apr 2025 | 12:21 AM IST

GitHub COO Kyle Daigle urges software developers to look beyond coding

Developers are expected not only to learn coding but also to oversee what the AI agents are doing

GitHub COO Kyle Daigle urges software developers to look beyond coding
Updated On : 07 Apr 2025 | 11:26 PM IST

$20 bn IT contracts up for renewal amid GenAI wave, global uncertainties

These renewals are particularly significant as they come at a time when US-imposed tariffs and global macroeconomic uncertainties have created a cloud of uncertainties.

$20 bn IT contracts up for renewal amid GenAI wave, global uncertainties
Updated On : 06 Apr 2025 | 11:24 PM IST

US tariffs: Manufacturing, retail growth for IT companies may take a hit

Could lead to slower decision making, less discretionary spending on new-age technology

US tariffs: Manufacturing, retail growth for IT companies may take a hit
Updated On : 04 Apr 2025 | 12:42 AM IST

L&T Technology Services bags Euro 50 million deal with European automaker

The deal will focus on the development and operation of next-generation software platforms tailored to both current and upcoming vehicle models

L&T Technology Services bags Euro 50 million deal with European automaker
Updated On : 01 Apr 2025 | 7:11 PM IST

Pyramid or diamond? Indian IT companies brace for structural change

Traditionally, IT services firms followed a pyramid structure, with a broad base of fresh graduates supporting scalability and a large bench strength ready for deployment

Pyramid or diamond? Indian IT companies brace for structural change
Updated On : 31 Mar 2025 | 11:48 PM IST

AI solutions company Tredence plans to hire 1,700 people in 2025

Tredence, which is backed by Advent International and Chicago Pacific Founders, has raised $205 million since its inception in 2013

AI solutions company Tredence plans to hire 1,700 people in 2025
Updated On : 28 Mar 2025 | 7:35 PM IST

Cognizant looks to break into top four IT services companies by 2027

Company focusing on AI and training employees to regain leadership position, says annual report

Cognizant looks to break into top four IT services companies by 2027
Updated On : 27 Mar 2025 | 10:39 PM IST

Infosys lays off another 40-45 trainees out of 1,200 it hired in Oct-Nov

India's second-largest IT services company assessed these engineers on March 18, after indefinitely postponing the assessment last month

Infosys lays off another 40-45 trainees out of 1,200 it hired in Oct-Nov
Updated On : 26 Mar 2025 | 11:28 PM IST

IT firm Happiest Minds confident to grow in double digits next fiscal

Indian IT companies - both large and medium - are bracing themselves for another uncertain year as the industry is yet to assess the impacts of tariffs on the US economy

IT firm Happiest Minds confident to grow in double digits next fiscal
Updated On : 26 Mar 2025 | 9:29 PM IST

Chhattisgarh govt woos companies from Bengaluru to invest in state

Representatives from companies such as BEML, Gokaldas Exports and Britannia praised the state's business-friendly policies and infrastructure support

Chhattisgarh govt woos companies from Bengaluru to invest in state
Updated On : 26 Mar 2025 | 8:49 PM IST

Indian SaaS market likely to grow to $100 billion by 2035, says report

Digital-native businesses will increase their software spend from $4.6 billion in 2025 to $26 billion by 2035, as they build deeper digital capabilities

Indian SaaS market likely to grow to $100 billion by 2035, says report
Updated On : 25 Mar 2025 | 8:43 PM IST

Q4 results preview: Macro headwinds cloud IT firms' growth outlook

Accenture said last week discretionary spending has picked up in financial services and in the US

Q4 results preview: Macro headwinds cloud IT firms' growth outlook
Updated On : 23 Mar 2025 | 10:54 PM IST

Absorption of real estate space by GCCs crosses pre-pandemic level

Trend driven by stricter policies on working remotely

Absorption of real estate space by GCCs crosses pre-pandemic level
Updated On : 21 Mar 2025 | 10:14 PM IST