Page 6 - Ayushman Baruah

IT services firm Sonata Software bets on European market to drive growth

The telecommunications sector, a segment of the Technology, Media, and Telecom (TMT) vertical, contributed 31 per cent to the company's revenue

India may pip US as largest GitHub base soon: Microsoft's Satya Nadella

To expand 'Code; Without Barriers' to India

Cognizant Q4 profit up 7% at $558 mn, 2024 revenue guidance at -2% to 2%

The IT firm has pegged its 2024 revenue to be in the range of $19 to $19.8 billion, indicating a decline of 2 per cent to a growth of 2 per cent in constant currency

NTT DATA to hire 6,000 people in India by year-end to fuel growth plans

India is NTT DATA's second largest employee hub outside of Japan and also the fastest-growing market

Wipro on job cuts: Aligning business, talent to changing market environment

After startups and Big Tech, layoff season may have begun at the $245 billion Indian IT industry

Desi single malts raise the bar, pour stiff challenge to foreign peers

India's optimal weather conditions serve as a catalyst, imparting a distinctive flavour profile

Companies cautious about GenAI over data privacy, security: Report

92% companies in India recognise customers want adequate protection of their data: Cisco survey

IT services companies' GenAI investments likely to soar this year

Clients in the Asia-Pacific (APAC) region are expected to treble their investments in GenAI, although they currently lag behind their North American counterparts

Want to be significant player in global semicon value chain: Chandrasekhar

The semiconductor market in India is expected to grow to $100 billion by 2030 from the current value of about $40 billion, according to the India Electronics & Semiconductor Association (IESA)

From sweets to diyas, Ram Mandir inauguration rings in 'second Diwali'

The main thoroughfares, public places, markets, and private buildings were adorned with large cut-outs of Lord Ram, Ram flags, posters, banners, etc, displaying the frenzy around Ram Mandir

Ashok Soota-led Happiest Minds eyes strong momentum from India biz

Manufacturing and banking, financial services and insurance (BFSI) together contribute about 26 per cent to the total revenues

A major portion of our deal pipeline is large deals: LTIMindtree MD & CEO

Debashis Chatterjee speaks about the overall demand environment and company's strategy

LTIMindtree Q3 results: Net profit rises 17% to Rs 1,169 cr, revenue up 5%

Chatterjee said in a post-earnings media call that the demand environment continues to be "cautionary" and client spends are now more focused on return on investment

We're optimistic about demand environment: LTTS CEO & MD Amit Chadha

At the end of the third quarter, our patents portfolio stood at 1,249, out of which 811 are co-authored with customers and the rest are filed by LTTS

L&T Technology Services maintains FY24 revenue guidance at 17.5-18.5%

LTTS reported a 13.3 per cent rise in net profit to Rs 336 crore, as revenues grew 12.3 per cent to Rs 2,157 crore

90% of Indian biz leaders planning to invest more in AI, Gen AI: Capgemini

Capgemini's survey included business leaders from 2,000 organisations in 15 countries across sectors such as automotive, consumer products, banking, capital markets, life sciences, etc

Wipro sees pressure on revenue growth in Q4; net profit falls 12% in Q3

Margins for the second quarter are likely to be "range-bound" similar to the last few quarters, the management said during a media briefing

Q3 results: Top 4 Indian IT companies balance caution and optimism

Compared to its competition, Noida-headquartered HCLTech's performance was the best

German tech major SAP elevates Kulmeet Bawa to global chief revenue officer

In his new role, Bawa will be responsible for driving the growth and adoption of SAP BTP across the globe

IT leaders Infosys, TCS kick off Q3 earnings season with weak numbers

Infosys cuts growth guidance as net drops 7.3%; TCS profit up 2%