Page 13 - Ayushman Baruah

'IBM has prepared a 10-year roadmap to tap into the opportunities in AI'

'India plays a critical role in executing our hybrid Cloud and AI strategy,' says SANDIP PATEL, Managing Director, IBM India & South Asia

Teleperformance aims to hire 60,000 people in India in the next 2 years

This expansion would take the total employee strength to 150,000 from about 90,000 employees in India as of today

Cognizant seals $800 million deal with California-based Gilead Sciences

Agreement includes renewal and expansion of various IT services over next five years

Coforge eyes $50-200 million acquisition in data analytics, cloud space

As part of its growth plans, the firm plans to hire 3,000-4,000 people by FY24-end

Infosys cuts FY24 outlook to 1-3.5%; Q1 net profit up 11% to Rs 5,945 cr

No hiring target for FY24; attrition rate moderates to 17.3%

Wipro sharpens its focus on the European market, sees high potential

Wipro CEO & MD Thierry Delaporte said the potential was really good as regions like South Europe or Nordics were growing at more than 20%

Cognizant appoints six women executives as senior vice-presidents

Sailaja Josyula promoted as SVP; she is also the company's centre head in Hyderabad

Volume of AI-led deals is growing massively: Wipro CEO Thierry Delaporte

Thierry Delaporte, MD and CEO, Wipro talks about the demand environment, focus on consulting, and AI-led deals

Some discretionary spend may return for high-tech sector: LTIMindtree chief

In a Q&A, Debashis Chatterjee, CEO & MD of the firm, talks about the reasons for its subdued growth, deals pipeline, and acquisitions strategy

Infosys signs 5-year AI deal worth nearly $2 bn with existing client

In May, Infosys launched Topaz, a comprehensive suite of services, solutions, and platforms that harness the power of generative AI technologies

LTIMindtree Q1 net profit up 4.1% to Rs 1,152 cr, tad below forecast

Revenue up 14% YoY to Rs 8,702 cr, driven by broad-based growth

We're starting manufacturing of networking equipment: Cisco's Chittilapilly

We have announced plans to start manufacturing in Chennai because our subcontractors have a presence there, said Daisy Chittilapilly, President, Cisco India and SAARC

Wipro Q1 profit rises 12% to Rs 2,870 cr, revenue up at Rs 22,831 cr

Expects muted Sept qtr as deal ramp-ups, client decision-making slow down

Constantly looking for capability-led acquisitions: HCLTech CEO & MD

C. Vijayakumar, CEO and MD, HCLTech talks about the deal pipeline, acquisitions strategy, and focus areas

HCLTech to acquire German engineering firm ASAP Group for $279 million

ASAP Group has over 1,600 employees across nine locations in Germany

Infosys, HCLTech put off pay hikes for employees; TCS bucks trend

Infosys typically rolls out hikes for its senior management in July, but so far, they have not received any communication on the matter, the report said

HCLTech net slips 11.3% QoQ, maintains FY24 revenue growth guidance at 6-8%

HCLTech declared its earnings after market hours on Wednesday. Ahead of its results, the shares closed down 0.74 per cent at Rs 1,106.50 apiece on the BSE

BFSI, tech clients spending more on cost-optimisation deals: Wipro chairman

Macroeconomic environment remains challenging, impacting client spending: Rishad Premji

Wipro to invest $1 bn in AI over 3 years, launches new platform for tech

Company says Wipro ai360 will help improve value, productivity, commercial opportunities

Johnson Controls launches tech centre in Bengaluru, will step up hiring

Company for smart and sustainable buildings will help clients achieve net zero carbon emissions