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Avik Das

Avik Das

Avik Das

Sonata Software sees Q4 revenue hit as top client pushes AI automation

Sonata Software's top client automating large parts of its outsourced business has led to a bigger-than-expected revenue fall and raised uncertainty over future growth

Sonata Software sees Q4 revenue hit as top client pushes AI automation
Updated On : 09 May 2025 | 12:03 AM IST

Double contribution deal won't spur a spike in Indian IT workers sent to UK

Despite tax savings from UK-India FTA's social security waiver, analysts say high costs and limited incentives may not significantly boost Indian IT deployments to the UK

Double contribution deal won't spur a spike in Indian IT workers sent to UK
Updated On : 08 May 2025 | 9:27 AM IST

AI adoption still in early stages for most global enterprises: Accenture

Accenture says most firms are still experimenting with AI, with just 15 per cent beyond pilot stage; agentic systems expected to fuel the next major transformation

AI adoption still in early stages for most global enterprises: Accenture
Updated On : 07 May 2025 | 10:52 AM IST

Coforge bets on large deals to drive growth despite macro challenges

Despite travel market weakness and global macroeconomic concerns, Coforge expects BFSI, insurance and Gen AI-led deals to sustain strong momentum in FY26

Coforge bets on large deals to drive growth despite macro challenges
Updated On : 06 May 2025 | 8:54 PM IST

From support hubs to the core, GCCs take lead in biz outcome, leadership

India's GCCs are evolving into strategic hubs, producing CXO-level talent as leaders drive global innovation, operations, and transformation from centres in the country

From support hubs to the core, GCCs take lead in biz outcome, leadership
Updated On : 05 May 2025 | 10:34 PM IST

Hiring artificial intelligence talent is work in slow progress in India

Companies are willing to pay lavishly, but India has a small pool of experienced engineers

Hiring artificial intelligence talent is work in slow progress in India
Updated On : 27 Apr 2025 | 10:17 PM IST

Vendor consolidation to drive our growth this year: LTIMindtree

Customers are looking at tightening their spending and saving the last dollar rather than spending more on new age technologies

Vendor consolidation to drive our growth this year: LTIMindtree
Updated On : 27 Apr 2025 | 9:05 PM IST

'No bulk hiring anytime soon' as IT companies navigate tricky ground

TCS and Infosys did most of the net hiring in the last financial year, followed by Tech Mahindra while Wipro added very few people

'No bulk hiring anytime soon' as IT companies navigate tricky ground
Updated On : 26 Apr 2025 | 12:12 AM IST

LTIMindtree Q4FY25 results: Net profit up 2.6% to ₹1,128.5 crore

Revenue was up 9.9 per cent to Rs 97,717 crore during the same period

LTIMindtree Q4FY25 results: Net profit up 2.6% to ₹1,128.5 crore
Updated On : 23 Apr 2025 | 11:02 PM IST

Q4 results: HCLTech rewrites playbook for FY26 with tariffs in play

Firm expects revenue growth to be in the range of 2 to 5%

Q4 results: HCLTech rewrites playbook for FY26 with tariffs in play
Updated On : 22 Apr 2025 | 11:05 PM IST

IT companies using AI, GenAI to reduce client costs as budgets squeeze

This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side

IT companies using AI, GenAI to reduce client costs as budgets squeeze
Updated On : 21 Apr 2025 | 10:34 PM IST

Cognizant CEO Ravi Kumar's annual pay up 11% at $16.1 million in 2024

The board said it has full faith in its chief executive as he tries to steer the company from years of underperformance to his stated goal of becoming one of the top four IT services players by 2027

Cognizant CEO Ravi Kumar's annual pay up 11% at $16.1 million in 2024
Updated On : 18 Apr 2025 | 10:48 PM IST

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates

CEO Srinivas Palia blames tariff war and macro woes for revenue slide

Wipro Q4 FY25 results: Net profit up 25.9% to Rs 3,570 cr; misses estimates
Updated On : 18 Apr 2025 | 12:05 PM IST

IT major Wipro to remain cautious on fresher hiring in this fiscal

Voluntary attrition rose to 15 per cent from 14.2 per cent a year earlier

IT major Wipro to remain cautious on fresher hiring in this fiscal
Updated On : 18 Apr 2025 | 12:05 PM IST

Infosys Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore

Infosys signals weak FY26 after muted Q4 result

Infosys Q4FY25 results: Net profit declines 11.7% to ₹7,033 crore
Updated On : 18 Apr 2025 | 12:02 PM IST

IT major Infosys to hire 20,000 fresh engineering graduates in FY26

It remains to be seen how this hiring will pan out, which will largely depend on project ramp-ups and more deal inflows. Any further deterioration may force the companies to proceed with caution

IT major Infosys to hire 20,000 fresh engineering graduates in FY26
Updated On : 18 Apr 2025 | 12:01 PM IST

AI, data science engineers getting paid up to Rs 50 lakh: Quess report

Jobs in generative artificial intelligence (GenAI), platform engineering and UI/UX have reported growth of 32 per cent, 26 per cent and 25 per cent, respectively

AI, data science engineers getting paid up to Rs 50 lakh: Quess report
Updated On : 15 Apr 2025 | 8:03 PM IST

IT major Wipro eyes GCC service line in bid to catch up with peers

Wipro will help multinational companies set up their GCCs in India, operate and then transfer the entity back to the parent company - popularly known as the BOT model - after a few years

IT major Wipro eyes GCC service line in bid to catch up with peers
Updated On : 14 Apr 2025 | 12:10 AM IST

Trump's registration rules not to impact H-1B holders, but rise in concern

The move is part of US President Donald Trump's attempt to crack down on illegal immigration and deport millions living illegally

Trump's registration rules not to impact H-1B holders, but rise in concern
Updated On : 13 Apr 2025 | 10:09 PM IST

We will not use GenAI in Daimler trucks anytime soon: Raghavendra Vaidya

We have created a bunch of tools to automatically analyse what is going inside the truck and predict which part fails when. That makes our warranty business more profitable, says Vaidya

We will not use GenAI in Daimler trucks anytime soon: Raghavendra Vaidya
Updated On : 13 Apr 2025 | 9:29 PM IST