Page 25 - Shivani Shinde

Parseable raises $2.5 mn in seed round to expand log analytics services

Bengaluru-based company specialises in processing huge amounts of data generated by information technology systems

BlackSoil's FY24 disbursement grows 40%; firm exited 18 deals, entered 36

The company's year-on-year disbursement grew by 110%, and its Assets Under Management (AUM) increased by nearly 50 per cent year-on-year

The expendables: Is the COO position becoming redundant in India?

The COO position is being reassessed as leadership roles get recalibrated and leaders and boards want to keep their structure flat and nimble to make decisions faster than ever before

Want to be market leader in Business AI by 2025: SAP's Manish Prasad

'From a fiscal prudence point of view, the transparency provided by SAP systems enhances investor confidence and subsequently, market valuation'

We'll have 50,000 people fully trained to leverage GenAI: HCLTech CEO & MD

Vijayakumar says that what's working in favour of the firm is its challenger position

Rapid adoption: India's BPM industry on cusp of revolution amid GenAI use

BPM industry has been growing faster than the IT services sector, which has been impacted by macroeconomic uncertainties

India takes top rank in world artificial intelligence race, shows data

In leading countries, 60 per cent of companies had AI projects "up and running"

AI inside: Tech simplifies and automates routine work for IT firms

AI can be used in a variety of functions: From HR management to sales and coding. Senior executives say companies must continuously train employees in the technology and keep them skilled

HCLTech Q4 results: Revenue guidance at 3-5%, higher than Infosys' 1-3%

IT firm reported a net profit of Rs 3,986 crore for the quarter ended March 2023 (Q4FY24), up 0.1 per cent on a year-on-year (Y-o-Y) basis

LTIMindtree Q4 FY24: Net profit down 1.2% at Rs 1,100 cr; missed estimates

On the demand scenario, the management said that the firm expects Q1 FY25 to report growth

What makes engineering R&D space a target for mergers and acquisitions?

Infosys' acquisition of Germany-based in-tech is the 15th top deal so far

Persistent Systems Q4 results: Net profit rises 25.4% to Rs 315.3 crore

The total contract value for the fourth quarter came in at $447.7 million, a slight drop from the previous quarter's $475 million

TCS has one of world largest AI-ready workforce: CEO Krithivasan

IT company has trained 300,000 employees in basic foundational AI skills

TCS will continue to hire despite decrease in headcount: CHRO Lakkad

Milind Lakkad says TCS has begun FY25 campus hiring and given offer letters to 11,000 freshers

Icertis aims to be $1bn firm in ARR in 4-5 years: CTO Monish Darda

In a video interview, Monish Darda talked about the company's next milestone and the impact of generative artificial intelligence (GenAI)

TCS Q4 results: Profit rises 9% to Rs 12,434 crore, revenue up 3.5%

India, UK drive IT company's growth in the quarters as US business continues to be subdued

TCS headcount declines for first time in 19 years; hits campus route

Total employee base now remains at 601,546

CNH's India technology centre to be the largest by the end of CY24

The centre, which has a headcount of 700, will touch 1,000 by the end of CY24

Digital infra solutions company iBUS raises $200 mn from govt's NIIF

Firm says it will use the funding to strengthen its market position and expand in new sectors

Sharad Sanghi's AI cloud startup Neysa raises $20 mn in seed funding

Neysa is the second entrepreneurial stint of Sharad Sanghi, considered to be pioneer of the Indian cloud computing space