Page 7 - It Industry

Infosys to establish GCC for Lufthansa to drive digital transformation

The move shows how global airlines have been setting up GCCs in India over the last few years

CGOs take centre stage at IT services companies amid growth challenges

Companies such as Tech Mahindra, HCLTech, LTIMindtree, US Technologies, and Persistent Systems already have growth officers who report to their chief executives

Experts call for building digital infra to tap IT talent in small cities

With remote IT work expanding opportunities for professionals in Tier 2 & 3 cities, experts have called for investment in digital infrastructure and upskilling to connect talent with global projects. Experts have also hailed the government's move to set up five National Centres of Excellence for Skilling as a strategic move to align youths' capabilities with the demands of both domestic and international markets. Atul Soneja, Chief Operating Officer, Tech Mahindra, said, "The rise of remote IT work has notably expanded opportunities for professionals in Tier 2 and Tier 3 cities. This shift provides earning potential and promotes inclusive growth." To fully harness this opportunity, it is imperative to invest in robust digital infrastructure, offer continuous skill development programmes, and create platforms connecting talent from these regions with global projects, Soneja said. Ganesh Gopalan, co-founder & CEO, Gnani.ai said that to fully tap talent in small cities, ...

GenAI to boost India's IT industry's productivity by up to 45%: EY India

Top IT companies such as Tata Consultancy Services and Infosys have highlighted the use of AI by clients to do new projects and EY India said 89 per cent of them have started trialling GenAI projects

Good or bad: DeepSeek's ripple effect set to impact Indian IT industry

While DeepSeek's achievement democratises AI with its open-source model, these are early days to gauge its impact on the enterprise IT ecosystem, say industry experts

PwC survey: India CEOs focus on hiring, threat of tech disruption

The survey polled more than 4,700 CEOs across 109 countries, including more than 75 from India

Q3 FY25 results review: Little to cheer for in early-bird showing

RIL provides silver lining in otherwise lacklustre results by non-financial firms

From TCS to Infosys, December quarter IT results hint at a better FY26

While underlying growth continued to be weak in the quarter for most of the top players, what is giving confidence is the commentary that discretionary expenditure is coming back

L&T Technology Services Q3FY25 results: Net profit drops 4% to Rs 322.4 cr

Growth was primarily driven by the Technology and Sustainability segments

Consulting industry for developing GPU, says Minister Ashwini Vaishnaw

"We expect the first made-in-India chip to roll out in August-September 2025 from Micron plant... the first fab plant will roll out by 2027 end"

HCLTech Q3 net profit up 5.5%, lower end of revenue forecast raised

The company's revenue from operations for the quarter under review came in at Rs 29,890 crore, 5.07 per cent higher than Rs 28,446 crore in Q3 FY24

Sovereign AI: GovAI emerges as the core to secure economic, national future

India's Sovereign AI ambition will need the support of Prime Minister Narendra Modi, just as he has championed Digital India and the Semiconductor Mission

Infosys countersues Cognizant, its CEO in battle over misuse of information

Infosys, which filed this suit in the Northern District of Texas, has requested a jury trial and demanded triple the damages it claims to have suffered

Q3 results preview: TCS to Wipro, IT firms may post better revenues

Optimism on revenue growth based on projected improvement in technology spending in CY25

Tech giants Infosys, TCS among top 5 global H-1B visa beneficiaries

Account for over 41% of visas along with Cognizant, HCLTech

The India story: 25 years of transformation in Indian tech landscape

This series looks at India's progress over the past 25 years and future directions. The first part highlights the country's IT expertise, which became a talking point globally as the millennium began

Productivity of IT employees on rise even as firms apply brakes on hiring

The country's ten biggest listed IT companies that are part of the Nifty IT Index earned net sales of Rs 42.3 lakh per employee on average in FY24

Narayana Murthy bats for tech, cautions against 'unsupervised learning'

While addressing the Chamber, Murthy also urged entrepreneurs to embrace "compassionate capitalism"

Centre grants one year extension for select IT hardware import system

Govt to monitor local manufacturing under PLI before imposing any import curbs

DLF joint venture firm DCCDL sells IT park in Kolkata for Rs 637 crore

Realty major DLF joint venture firm DCCDL has sold an IT park in Kolkata to Primarc and RDB group for Rs 637 crore. DLF Info City Developers (Kolkata) Ltd, a wholly owned subsidiary of DLF Cyber City Developers Ltd (DCCDL), has entered into a definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP (an affiliate of Primarc & RDB group), on a slump sale basis for an aggregate consideration of about Rs 637 crore, DLF said in a regulatory filing. Kolkata Tech Park 1 is one of the largest IT parks in eastern India with gross leasable area of about 1.49 million sq ft. It is home to global technology leaders. "This is reflective of the value embedded in our core assets created over the years with good quality tenant partners and asset management," DLF Rental Business Vice-Chairman & MD Sriram Khattar said. The deal also "demonstrates our commitment to continuously enhance shareholder value". Primarc Group Managing Director