Page 3 - Avik Das

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

India will be the factory of the future, says Dassault Systemes CEO

Pascal Daloz says India's innovation, digital capabilities, and engineering talent will make it central to the global AI-driven industrial transformation

Physical AI to be game changer for manufacturers: Sreenivasa Chakravarti

Physical AI is expected to be the next frontier which will change manufacturing enterprises

Q2 results preview: Global headwinds likely to show in IT firms' earnings

While the first few months of the financial year saw no notable deterioration, as called out by the companies in July

British lender NatWest likely to hire in India for language model team

British bank to grow AI, biometrics, and financial crime research teams in India

Dell Technologies looks beyond computers to focus on AI servers, software

Dell bets on AI-optimised servers and its AI Factory to drive enterprise adoption in India, with Zoho among key customers using its stack for large-scale AI workloads

Accenture's muted guidance throws light on challenges for Indian IT sector

Accenture's 2-5 per cent growth guidance despite strong bookings highlights subdued IT demand, hitting Indian IT stocks already under pressure from tariffs and visa fees

Public transport not allowed on Wipro campus: Chairman Azim Premji

Azim Premji has declined Karnataka govt's request to allow vehicles through Wipro's Sarjapur campus, citing legal, governance and SEZ compliance issues in traffic plans

H-1B visa: Techies in Cupertino, San Francisco earn the highest wages

New USCIS rule aims to prioritize high-skilled, high-paid workers in H-1B visa lottery

US govt set to favour high-paid workers in H-1B visa process overhaul

Trump administration proposes weighted H-1B visa selection, replacing lottery with wage-based tiers; move could hit Indian IT firms while favoring high-skilled, high-paid roles in US tech

Trump's H-1B visa shock: IT deals likely to be revised after new rules

Experts say that such prohibitive costs may force IT services companies to keep their prospective visa employees in India

Trump's H-1B shock: Offshoring likely to get lift, IT cos may take a hit

New US visa fee piles pressure on Indian IT firms, threatening margins and accelerating shift to GCCs, automation, and local hiring