It Services
Black Box and AIONOS collaborate to accelerate enterprise AI adoption
Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment
 "Black Box and AIONOS collaborate to accelerate enterprise AI adoption")
Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million
The additional investment in the insurance technology firm is expected to strengthen Wipro's AI- and IP-led transformation capabilities in the property and casualty segment
 "Wipro raises stake in insurance tech firm Aggne to 80% for $28.5 million")
Infosys CEO Salil Parekh's salary rises 2.5% to ₹82.6 crore in FY26
Infosys CEO Salil Parekh's pay rose 2.5% to ₹82.6 crore in FY26 as the company sharpened its focus on enterprise AI adoption
 "Infosys CEO Salil Parekh's salary rises 2.5% to ₹82.6 crore in FY26")
Happiest Minds banking on large deals to maintain double digit growth
Happiest Minds bets on large deals, AI-led demand, and regional diversification to sustain double-digit growth amid macro uncertainty
 "Happiest Minds banking on large deals to maintain double digit growth")
Mphasis bets big on AI with launch of outcome-based Tria platform
Invested 1.5% of revenue over the last two years to build it
 "Mphasis bets big on AI with launch of outcome-based Tria platform")
LTM offers to buy Randstad's Europe, Australia businesses for 160 mn euro
The acquisition will help LTM expand its AI, engineering and cybersecurity capabilities in Europe and Australia while strengthening its presence in aerospace, defence and financial services
 "LTM offers to buy Randstad's Europe, Australia businesses for 160 mn euro")
Wipro's long wait for a turnaround continues after more than a decade
Srini Pallia, the insider leading the company, is focusing on large deals to boost revenue
 "Wipro's long wait for a turnaround continues after more than a decade")
GCCs trump IT services sector in net hiring for third consecutive year
India's global capability centres added nearly 200,000 employees in FY26, outpacing the IT services sector as firms accelerated in-house technology operations and AI-led transformation
 "GCCs trump IT services sector in net hiring for third consecutive year")
TCS rolls out average salary hikes of 6-8% for employees in India
High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added
 "TCS rolls out average salary hikes of 6-8% for employees in India")
IT firms paid record ₹1.3 trn to shareholders in FY26 despite AI headwinds
India's top IT firms returned a record ₹1.3 trillion to shareholders in FY26 even as AI disruption slowed profit growth and pressured valuations
 "IT firms paid record ₹1.3 trn to shareholders in FY26 despite AI headwinds")
Why IT services firms are loosening their purse strings amid AI shift
As the model shifts to AI-led transformation, the $300 bn sector will see more M&As, consolidation & layoffs
 "Why IT services firms are loosening their purse strings amid AI shift")
New threat to Indian IT services? Anthropic to launch AI services firm: What it means
Anthropic has teamed up with Goldman Sachs, Blackstone and other global investors to launch a $1.5B venture focused on deploying AI directly inside companies.
 "New threat to Indian IT services? Anthropic to launch AI services firm: What it means")
Q4 Earnings Outlook: IT, Auto, Pharma, FMCG, Metals — What to expect | Business News | Share market
India Inc heads into the Q4 FY26 earnings season navigating a complex mix of geopolitical tensions, uneven demand trends, and cost pressures.
 "Q4 Earnings Outlook: IT, Auto, Pharma, FMCG, Metals — What to expect | Business News | Share market")
IT services major LTM to launch AI-linked pricing model in FY27
LTM plans to launch Blueverse Credit, an AI-based pricing model combining human effort and digital employees, shifting beyond traditional billing methods
Companies to increase IT spending, expect more bang for their buck
IT budgets are expected to remain steady in 2026 as enterprises raise spending on AI, cybersecurity, and platform-led technology services beyond pilot-stage experimentation
 "Companies to increase IT spending, expect more bang for their buck")
Infosys profit grew 21% in Q4; pegs revenue growth for FY27 at 1.5-3.5%
The firm posted a 20.9 per cent year-on-year (Y-o-Y) increase in net profit to ₹8,501 crore for Q4, while revenue rose 13.4 per cent to ₹46,402 crore
 "Infosys profit grew 21% in Q4; pegs revenue growth for FY27 at 1.5-3.5%")
Tech budgets will not rise much, says Persistent CEO Sandeep Kalra
Tech budgets set for modest growth as macro pressures persist, with firms prioritising AI, data readiness, and high-impact digital investments
 "Tech budgets will not rise much, says Persistent CEO Sandeep Kalra")
Mastek shares down 5% after Q4 profit dips; revenue sees modest rise
Mastek reported a 2 per cent quarter-on-quarter decline in its consolidated net profit to 106.2 crore for Q4FY26, compared to ₹108.4 crore in the previous quarter
 "Mastek shares down 5% after Q4 profit dips; revenue sees modest rise")
Wipro Q4 results: Net profit dips 1.9%, signals weak growth outlook
Wipro reports marginal Q4 profit decline and muted revenue growth, flags weak Q1FY27 guidance amid geopolitical uncertainty and slow ramp-up of large deals
 "Wipro Q4 results: Net profit dips 1.9%, signals weak growth outlook")
After TCS Nashik case, other IT firms caught in social media storm
A post on X alleged that many girls were complaining of jihadi harassment at Infosys' BPO office in Pune. The post, which did not give any details, was deleted later
 "After TCS Nashik case, other IT firms caught in social media storm")