Page 24 - Avik Das

Q4 results: HCLTech rewrites playbook for FY26 with tariffs in play

Firm expects revenue growth to be in the range of 2 to 5%

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

Cognizant CEO Ravi Kumar's annual pay up 11% at $16.1 million in 2024

The board said it has full faith in its chief executive as he tries to steer the company from years of underperformance to his stated goal of becoming one of the top four IT services players by 2027

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

IT major Wipro to remain cautious on fresher hiring in this fiscal

Voluntary attrition rose to 15 per cent from 14.2 per cent a year earlier

Infosys Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore

Infosys signals weak FY26 after muted Q4 result

IT major Infosys to hire 20,000 fresh engineering graduates in FY26

It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution

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

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

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

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

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

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

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

$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.

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

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

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

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

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