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Microsoft invests in DarwinBox; to collaborate, integrate product ecosystem

DarwinBox will be the first HR tech SaaS based platform from Asia with whom Microsoft will also collaborate and see integration between Darwinbox and the Microsoft's product ecosystem

Tech spend to increase, we'll hire 30K in FY24: HCLTech CEO C Vijayakumar

IT major HCLTech reported strong growth in net profit and operating margins in Q3FY23

Amazon, Goldman Sachs employees flood social media with layoff news

Professional networking platforms, such as LinkedIn and Grapevine, were full of stories of layoffs

Instamart tests Swiggy's appetite for biz growth amid rising losses

With its rapid cash burn rate, early investors are questioning the food delivery platform's venture into quick commerce

Wipro follows IT trend, logs 2.8% rise in Q3 consolidated net profit

Vendor consolidation, low attrition help IT sector report a good third quarter

Google's argument in SC against CCI order contradictory: Indus OS CEO

US tech giant argues regulator's order will stall growth of the Android ecosystem in India

Cognizant announces leadership change, names Ravi Kumar S as CEO

Kumar joins Cognizant after a 20-year career at Infosys, where he held various leadership roles, most recently serving as president from January 2016 through October 2022

Better bench strength: IT hirings seen at pre-Covid levels in FY24

So far the top three IT firms have announced their third quarter numbers and the dip in attrition rates and a higher bench strength seems to be signalling towards a normal year for hiring in FY24

Q3 results: Infosys beats estimates, raises FY23 revenue guidance

Attrition down to 24% from 27% in previous quarter

We'll return to pre-Covid rhythm next year: TCS COO N Ganapathy Subramaniam

We are executing well, gaining market share in vendor consolidation and revenue will start coming in from next few quarters and we are actively participating in the growth and optimization deals

TCS headcount down by over 2,000 in the third quarter of FY23

This is the first time since Q1FY21 that the headcount has come down

Q3 earnings season kicks off: TCS revenue rises 19%, net profit up 11%

Top line beats estimates; headcount down

Tata Digital loss up nearly 6x in 2022; revenue grew threefold, shows data

According to Tata Neu's LinkedIn page, Tanishq and Titan Company have also joined the super-app

India-built public goods infra globally applicable: Satya Nadella

Microsoft chief praises country's digital public good infrastructure as 'great, important'

Major setback for Google as NCLAT refuses interim stay on CCI order

Tribunal asks Google to deposit 10% of Rs 1,330 cr penalty levied by CCI; next hearing on April 3

With Advent Int on board, Tredence eyes $500 mn in revenue by 2026

Tredence is looking at Advent International to not only grow geographically but also support them in expanding into new verticals like healthcare, life inorganic sciences, and insurance

India will lead in AI use for solving 'real' issues, says Satya Nadella

Microsoft CEO says cloud a game changer; 'tremendous momentum' in its adoption

Suhail Sameer steps down as Bharatpe CEO; Nalin Negi to be interim leader

Fintech has sued a former co-founder, has seen exit of other senior executives over the months

Results preview: Q3 may drive caution for IT sector, better margins likely

Almost all the tierI companies in the Q2 of FY23 had signalled then that though the current macro has not impacted budget in general, there are specific pockets where delay in deal closure was evident

Google-CCI tussle: Industry divided even before the hearing starts

Handset manufacturing firm Micromax and Jaina Private Limited are learnt to have filed an appeal in NCLAT against the same CCI order, in support of Google