Page 8 - It Industry

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

IT, ITeS must adopt Cloud and boost security, says Airtel Business

White paper says sector facing rising cyber threats, competition in Southeast Asia, and data deluge

Chhattisgarh's ambitious IT project finally takes off after two decades

According to IT experts, the initiative taken by the government would certainly accelerate the project

German lens maker ZEISS expands its Global Capability Centre in Bengaluru

The ZEISS India Global Capability Centre is a strategic hub that will leverage Bengaluru's deep IT talent pool to drive technology solutions and expand ZEISS's global R&D capabilities

Pakistan aims at IT exports worth $25 billion in next three years

Prime Minister Shehbaz Sharif on Friday expressed his government's determination to achieve the target of USD 25 billion in IT exports during the next three years. The prime minister said the government is working to develop and promote the telecommunication sector and said steps are being taken to introduce 5G internet services for faster and reliable internet services in the country. Radio Pakistan quoted Sharif as talking with a five-member delegation of the Holland-based VEON group, led by chairman Augie K Fabela, that the 5G services would also help the government realise its vision of Digital Pakistan. Describing the role of the telecom sector as very important in promoting cashless and digital economy, the Prime Minister expressed Pakistan's willingness to work with VEON group for promotion of Information Technology, digitisation and artificial intelligence. Pakistan has been trying to maximize its potential in the IT sector and its Information Technology (IT) exports soared

Ambattur's evolution: Once a manufacturing hub, now a data centre hotspot

In 2024, the clang of metals colliding and the scent of welding fire and chemicals greet visitors to Ambattur - a 45-minute drive from Chennai city

We want to embed our AI Force platform across our customers: HCLTech CEO

He talks about the growth triggers, spend mindset and GenAI deal growth

Games of skill vs Games of chance: Framework looks to clarify difference

Will be sent to Meity for feedback to be added to 2nd draft