[ad_1] India’s top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on...
[ad_1] India’s largest IT exporter, Tata Consultancy Services (TCS), has decided to lay off around 2% of its workforce, or roughly over 12,000 employees, over the...
[ad_1] IT company L&T Technology Services on Saturday said it has bagged a multi-year contract worth $60 million (about Rs 510 crore) from a prominent US-based...
[ad_1] Carlyle-backed Hexaware Technologies reported a 38% on-year rise in June quarter net profit in rupee terms at Rs 380 crore. Profit rose 16% sequentially. Profit...
[ad_1] If payroll additions are considered the ideal barometer of health for the $283-billion Indian outsourcing industry, the June quarter has been far from ideal. Job...
[ad_1] Businesses focused on artificial intelligence are raking it in so far this earnings season. Those catering to actual people, less so. The AI spending surge...
[ad_1] Mid-tier IT services player Persistent Systems reported an 38.7% year-over-year (YoY) rise, slightly lower than the previous two quarters, in net profit at Rs 424.9...
[ad_1] Despite missing analyst estimates, mid-tier IT company Coforge outperformed its peers in the first quarter of fiscal year 2026, reporting a 138.4% year-on-year (YoY) rise...
[ad_1] India’s IT earnings are being dragged down by verticals such as manufacturing, consumer, communications and life sciences, which together constitute 40-70% revenues for several large...
[ad_1] Net addition to Infosys‘s workforce in the June quarter was only 210, according to an exchange filing on Tuesday. The company announced its financial results...