It Services

AI to be force multiplier for HCLTech, can boost productivity: Roshni Nadar

HCLTech chairperson Roshni Nadar Malhotra says AI will enhance per-employee productivity and transform entry-level roles, as the firm expands into new areas including semiconductor packaging

TCS CEO & MD K Krithivasan sees no major shrinkage of jobs due to AI

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

Majority of VC community in India very risk averse, says Vinod Khosla

Vinod Khosla says Indian VCs are overly focused on short-term revenue and liquidity, avoiding bold bets needed for innovation, while AI is set to disrupt IT services and BPO firms

Disrupting the disruptor: How AI forces IT services to redefine their role

The pivot to AI-driven models marks a structural shift - one that is fundamentally changing the $285 bn industry

AI is new reality but may not spell doom for IT services: Experts

Automating tasks won't overhaul data estates, security frameworks: Experts

India placed third in global AI vibrancy index after US, China: Report

India placed third after the US and China in AI vibrancy index, scoring strongly on R&D and talent while advancing data governance and policy frameworks

Cognizant gives 100% bonus to employees for 2025 after strong results

Cognizant awards a 100% bonus after beating growth estimates, with CEO Ravi Kumar saying the company has reached its "winner's circle" ahead of schedule

Hexaware Q4 net profit halves to ₹100 crore on New Labour Code provisions

Hexaware's December-quarter net profit fell 49 per cent year-on-year to Rs 100 crore due to provisions for the New Labour Code, even as revenue rose over 10 per cent

Some of our gig workers make more than fresher IT engineers: Urban Company

Gig workers associated with Urban Company are earning at par and, in several cases, much higher than entry-level salaried professionals employed in the country's IT and ITeS sectors, the doorstep home and personal care services firm said on Wednesday. Urban Company claimed that the average monthly net in-hand earning of all active service professional partners on Urban Company platform has increased about 7 per cent to Rs 28,322. "Urban Company service professionals earn at par, and in several cases much higher than entry-level salaried professionals employed in India's IT and ITeS sectors. With average net monthly earnings of Rs 28,322, Urban Company service professionals' earnings are comparable to typical IT fresher salaries," the company said in a statement based on nine month data of current fiscal year. Urban Company said the findings are based on publicly available industry data, including Glassdoor estimates, assuming that entry-level IT and ITeS salary benchmarks are at Rs

Union Budget 2026-27: The next phase of India's technology growth

Focused execution and policy coherence can help position India as a tech powerhouse

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

HCLTech acquires Singapore-based Finergic Solutions for $14.7 million

The acquisition aligns with HCLTech's strategic focus on strengthening its financial services expertise, particularly in core banking and wealth management, the company said

Mphasis Q3 FY26 results: Net profit increases 3.5% to ₹442 crore

Mphasis posts 3.5% rise in Q3 net profit to Rs 442 crore, revenue grows 12.3% led by BFSI and insurance, AI platform driving deal pipeline

AI fuelling rising demand for India's IT services globally: Wipro CEO

As budget constraints loosen, Wipro is bidding for several small AI deals alongside large- and mega-deals, Pallia said on the sidelines of the World Economic Forum's meeting

AI deals keeping pipeline steady, says LTIMindtree CEO Venu Lambu

LTIMindtree sees strong growth visibility as a robust pipeline of renewals and AI-native deals spills into next fiscal, even amid an unchanged macro environment

ITC Infotech CEO and MD Sudip Singh steps down after seven years

ITC Infotech CEO Sudip Singh has stepped down after seven years, with president and COO Manas Chakraborty set to take over the top role

Brand Finance: Eight Indian brands in top 25 IT services ranking in 2026

Brand Finance said the combined value of the top 25 IT services brands rose 2% in 2026, with Accenture retaining the top spot and Indian firms accounting for 36% of total brand value

Infosys rally lifts mood, but is worst over for Indian outsourcing firms?

The upbeat forecast for Infosys may have briefly lifted sentiment, but strained India-US ties and tougher immigration rules in its biggest market could pose fresh challenges ahead

India's invisible AI boom: Why early tech gains are not showing up in GDP

AI is already reshaping how Indians work-but its biggest gains lie in speed, quality, and coordination, not yet in the productivity numbers we rely on

Equities decline amid renewed tariff threat, weakness in IT majors

Nifty slips after hitting fresh intraday high