Page 3 - Avik Das

Happiest Minds targets $50 mn Gen AI revenue over next three years

Happiest Minds expects $50 mn revenue from generative AI over the next three years, with 22 scalable projects in play. Q2FY26 profit rose 9% to ₹54 crore on 10% revenue growth

Target lays off 150 employees in India as part of global corporate job cuts

US retailer Target is cutting 150 jobs at its India capability centre as part of a global layoff of 1,800 corporate roles

Wipro to ring NYSE bell on October 31, marking 25 years of listing

Rishad Premji and Srini Pallia to lead Wipro's leadership team at NYSE on October 31 as the company celebrates 25 years of listing and 80 years since its founding

Cognizant looking to list on Indian exchanges, says IT firm's senior exec

Cognizant CFO Jatin Dalal said the company is evaluating a primary offering and secondary listing in India, potentially becoming the first foreign IT major to list on Indian bourses

Nasdaq-listed Cognizant lifts revenue guidance on strong client spending

Strong Q3 revenue growth and client investments in digital modernisation drive optimism

Too early to decouple revenue, headcount, says Coforge CEO Sudhir Singh

The inextricable link between revenue and employee strength is a metric that has been used for the last three decades as a barometer of the health of the $284 billion industry

AI and energy have symbiotic ties, says Chevron India's Akshay Sahni

The $1 billion facility uses artificial intelligence to automate workflows, improve drilling efficiency, & create digital twins of LNG plants, marking Chevron's largest tech investment outside the US

Freshers back in demand as IT companies revive campus hiring drive

Infosys, HCL, and Wipro ramp up fresher intake as AI reshapes skills demand and hiring shifts from 'hire to train' to 'train to hire'

Infosys promoters opt out of ₹18,000-cr share buyback, retain holdings

Promoters including Narayana Murthy and Nandan Nilekani won't take part in Infosys' Rs 18,000-crore buyback, the company's largest in a decade, citing prior intention

LTTS expects headcount drop in third quarter as more work gets automated

AI-driven automation is helping LTTS decouple revenue growth from workforce expansion, with productivity gains expected to reduce headcount in Q3

HCLTech emerges fastest growing IT company amid global headwinds

Indian IT services post lacklustre Q2 growth; HCL leads with 4.6% CC growth, while AI and contract wins shape cautious outlook for FY26

Infosys Q2 results: Net profit jumps 13.2% to ₹7,364 cr, revenue up 8.6%

Infosys lifts base sales outlook as IT spending rises

LTIMindtree revenue up 10.2% on strong BFSI, manufacturing business

LTIMindtree's Q2FY26 profit rose 10.4% to Rs 1,381 crore and revenue grew 10.2% to Rs 10,394 crore, driven by BFSI and manufacturing segments and strong large deal wins

Infosys hires 8,203 in Q2; on course to meet fresh hiring target

Infosys added 8,203 employees in Q2FY26, taking its headcount to 331,991; CFO Jayesh Sanghrajka says the firm is on track to meet its 15,000-20,000 fresher hiring target

HCLTech profit flat at ₹4,235 crore, revenue rises 10.7% in Q2FY26

IT major now expects to grow at 4-5% on constant currency basis for the full year

Tech Mahindra profit down 4.5%, sees limited impact from H-1B visa fees

New deal wins for the second quarter stood at $816 million, up 35.3 per cent from last year

Infosys wins ₹14K cr deal from UK's NHS for workforce management solution

The 15-year contract with NHS Business Services Authority will replace the Electronic Staff Record system and manage payroll for 1.9 million NHS employees

HCLTech to roll out employee pay hikes from October amid strong growth

The IT firm will integrate quarterly variable pay with fixed pay from October, mainly benefiting junior staff, while attrition falls and fresher hiring gains pace

SoftBank-backed Graphcore to invest £1 bn in India, open AI chip hub

The company, owned by Japan's SoftBank, will also create 500 new semiconductor jobs

TCS headcount drops to less than 600k due to restructuring and layoffs

This is the first time in many years that India's largest IT service provider had such a steep drop in headcount and comes after it announced laying off about 12,260 employees in July