Page 23 - Shivani Shinde

IT firm TCS adds over 5,000 employees in the first quarter of FY25

First firm after Accenture to announce net addition in headcount

GenAI does not move the needle in terms of budget: TCS MD & CEO Krithivasan

He talks about why he is hesitant to call out on growth, emerging markets driving growth, GenAI projects and other

HCLTech Q1FY25 results: Net profit rises 20.4% to Rs 4,257 crore

Revenue for the first quarter grew 6.7 % to hit Rs 28,057 crore

TCS Q1 results: Net profit up 8.7%, margins rise despite salary hike

TCS meets estimates, but macro challenges persist; AI, genAI pipeline doubles

IT giant Accenture acquires US-based Cientra for undisclosed amount

The firm has presence in India and adds capabilities in silicon design and engineering

Eton Solutions launches ERP platform for family office wealth mgmt in India

Onboards the Infosys family office - Catamaran as its first customer in India

Altimetrik see its $1bn target revenue fast tracked with TPG on board

Sundaresan also added that they are working with TPG on a plan that will allow Altimetrik to tap into these opportunities

IBM Software sees 30-40% productivity gains among developers using GenAI

Nirmal believes that one of the biggest benefits GenAI brings is automation, which leads to optimisations and productivity gains

Cognizant settles CFO lawsuit with Wipro; pays Rs 4 crore in settlement

The settlement resolves all pending disputes between Dalal and Wipro, said the company in a statement

Online grocery shopping permeates Tier-III,-IV: LocalCircles study

2 in 3 consumers who use online grocery platforms to purchase groceries say they prefer a 3-24 hour delivery window with no delivery fee

Accenture buys Bengaluru-based chip design company Excelmax Technologies

The investment signifies that the company is making to build semiconductor capabilities

Results preview: IT companies may see green shoots in June quarter

But, Q1FY25 could rank among the weakest in the past decade

TCS announces title partnership of Sydney Marathon, Australia's largest

Indian IT company sponsors 14 global running events that are attended by 600,000 runners

Good that the hype around Gen AI has come down: Capgemini CEO Aiman Ezzat

Ezzat talks about hype around Gen AI, India talent and recovery in global business

Meta India, Apac human resources head Rishi Raj Gupta steps down

Joined in 2017, Rishi Raj Gupta was an integral part of the Indian leadership team

L&T group facing shortage of over 45K labourers and engineers: Chairman

This is not the first time that the company is going public with the challenges on manpower. Subrahmanyan had last year also said that it is facing challenges despite wanting to hire over 30K labour

AM Naik steps down from LTIMindtree & LTTS posts, rules out merger plans

L&T group says at any point it faces workforce gap of 40,000-45,000 labourers and engineers

We are already seeing green shoots; FY25 will be a better year: LTIMindtree

When it comes to generative AI work, LTIMindtree has over 140 projects in production in this category

Meta rolls out Meta AI in India, will take on ChatGPT and Google Gemini

Tool launching today; it will be available on all social media platforms of the company to assist people in their daily lives

Bucking the trend: Indian startups regain lost funding ground, says report

After four consecutive half-year periods of decline in funding, H1CY24 has seen an upswing