India's It Industry

India's software exports race ahead, but listed IT firms fall behind

India's software exports rose 12.7% in FY25, yet listed IT groups saw only 3.8% growth, with market share slipping as unlisted firms and GCCs expand faster

Auto sales fall 4.3% in July, hurt by Trump tariffs, IT job cuts, rains

Two-wheeler sales contract 6.5% as Indian auto industry 'applies the brakes': Fada

IT employees' union says TCS bench policy 'coercive' and 'punishing'

35-day bench rule pressures employees and promotes a culture of fear, says NITES

Cognizant wins two mega deals, eyes return to IT top four by 2027

IT firm doubles down on AI-led productivity and large transformation contracts

India's IT giants can't afford to sit out the AI race, says senior official

Infosys, TCS ramp up GPU investments and staff upskilling to pivot from service delivery to proprietary AI products. "Surviving without AI will be very difficult," says MeitY's Abhishek Singh

Tech sector crucial for India's $7 trn economy goal by 2030: Nasscom Prez

As India looks to become a USD 7-trillion economy by 2030, the tech sector is poised to play a pivotal role by contributing about USD 1 trillion to the GDP, driving innovation that solves both domestic and global problems, nasscom's Rajesh Nambiar has said. The IT industry body President emphasised the critical role of technology in shaping India's future and noted that achieving this goal will require the tech sector to lead in innovation, particularly through deep tech, which will be instrumental in transforming various sectors such as healthcare and financial services. India's vision of becoming a Viksit Bharat by 2047 will be shaped not just by economic growth, but by the depth and the impact of technological innovations, he said during the inauguration of Startup Mahakumbh. "To achieve the ambition of becoming a USD 7 trillion economy for India, I think the tech sector alone will have to contribute roughly about a trillion dollars in terms of GDP, and this will have to drive ..

Indian IT services sector to see 4-6% revenue growth in FY26: ICRA

Hiring is likely to remain low until growth momentum picks up by the end of FY26

Govt keen on innovation-driven AI, its responsible use: MeitY Secy Krishnan

Krishnan said the next AI summit will be hosted in India later this year

IT major HCLTech marginally hikes salaries of junior-level employees

HCLTech, which is also set to release its third-quarter earnings on January 13, is projected to lead growth among Tier-I IT firms

India's tech sector needs 1 mn high-tech engineers as economy expands

India's $250 billion tech sector plays an important role in the economy, employing about 5.4 million people

Tech Mahindra adopts Microsoft Co-pilot GenAI tool to 'modernise workplace'

IT company will also deploy GitHub Copilot for 5,000 developers, expecting a 35-40 per cent boost in productivity

TCS' outlook improving after 2 years of recessionary fears: Chandrasekaran

GenAI will we have impact 'not previously seen or imagined', says IT company's chairman

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

To cut costs, Indian tech companies expanding into smaller cities

The change also comes as state governments offer stamp duty concessions, land benefits, subsidised power and other incentives to bring jobs to smaller cities

Tech industry growth projected to halve to 3.8% in FY24 compared to FY23

Industry expected to generate additional $9.3 billion in revenue, spanning across IT services, business process management engineering services: Nasscom

Indian talent in IT sector crucial to bringing jobs to India: Anurag Thakur

Hailing the Narendra Modi-led government, Thakur said MODI stands for "Master of Digital Information" and also maker of developed India - Viksit Bharat

Results preview: IT firms may report muted Q4 growth, eyes on FY25 guidance

January-March quarter, is considered to be a soft quarter, and will continue to see the headwinds that the sector has been facing. And the sector will enter the new financial year on a weak footing

IT services provider LTIMindtree grooming two insiders for CEO job

Chief Operating Officer Nachiket Deshpande and President Sudhir Chaturvedi are the front-runners for the role

HCLTech teams up with SAP to drive innovation, adopt generative AI tech

IT services company HCL Technologies (HCLTech) has teamed up with SAP to drive innovation and accelerate the adoption of Generative AI, according to a release. With this collaboration, HCLTech will partner with SAP to develop solutions that enable businesses to get better outcomes and speed up business transformation. In partnership with SAP, HCLTech plans to create a repository of Gen AI use cases specific to SAP software, the release added. The use cases will complement cloud solutions from SAP and help customers explore the potential of enhancing SAP solutions with Gen AI. "By bringing together HCLTech's engineering expertise across various industries with SAP Business Technology Platform (SAP BTP), HCLTech aims to deliver innovative solutions that boost employee productivity, streamline operations, accelerate application development and optimise business processes," it added. HCLTech also plans to establish a dedicated Gen AI Center of Excellence, the focus of which will be to

Non-compete clause for IT freshers in India unenforceable: Experts

Experts have stated that non-compete obligations are valid only during employment and cannot hinder an employee from joining a competitor post-employment