it services

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    Budget 2026-27: Key Tax Updates for Investors & Businesses

    New Delhi, March 31 The new income tax law and other budgetary provisions, including a higher Securities Transaction Tax (STT) on F&O trading and a lower TCS on overseas tour packages and LRS remittances for medical and educational purposes, will come into effect from April 1.Also, the Budget...
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    Indore Incident: Tech Professional Killed During Dispute

    Indore, March 27 A man and his son are alleged to have driven their car into a group of protesters, killing a female tech professional and seriously injuring another woman during a dispute over the commercial use of their penthouse in Indore, police said."Shampa Pathak Pandey, a mother of two...
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    Infosys Expands Healthcare and Insurance Capabilities with Acquisitions

    New Delhi, March 26 Infosys has announced plans to acquire healthcare digital transformation company Optimum Healthcare IT and insurance consulting technology company, Stratus, for a total amount of approximately ₹5,260 crore.Infosys will acquire Optimum Healthcare IT for up to USD 465...
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    Odisha Launches Visa Application Center in Bhubaneswar

    Bhubaneswar, March 23 The Odisha government signed a tripartite agreement on Monday to set up a visa application center at the Babasaheb Bhim Rao Ambedkar Bus Terminal here.The agreement was signed between the Home Department, the Bhubaneswar Development Authority (BDA), and VFS Global Group...
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    Wipro Launches Innovation Lab in Seoul, Boosting South Korea Presence

    New Delhi, March 23 Wipro announced on Monday the expansion of its business operations in South Korea, with a larger office footprint in Seoul and the launch of an Innovation Lab.With the launch of the Seoul Innovation Lab, Wipro now operates nine such facilities globally. The new lab will...
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    AI Race and Global Standards: US Framework Impacts India

    Washington, March 21 – The Trump administration has unveiled a national framework on artificial intelligence, which could shape Indian talent, IT firms, and policy debates as the US seeks to lead the global AI race.The US's new AI policy push signals a shift towards a more proactive approach...
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    Bank of Baroda Expands UPI Access for Women Self-Help Groups

    Mumbai, March 20 State-owned Bank of Baroda announced on Friday a credit line on the popular Unified Payments Interface platform for members of women self-help groups.Customers holding Prime Minister Jan Dhan Yojana accounts will be able to access the overdraft facility of Rs 5,000 without...
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    Digital J&K Initiative: NIELIT Hosts Mega Job Fair

    The National Institute of Electronics & Information Technology (NIELIT) Jammu organized a Mega Job Fair at the Convention Centre, Canal Road, under the Digital J&K Project, sponsored by the Ministry of Electronics and Information Technology.More than 500 vacancies across technical and...
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    Government Highlights Growth in India's Services Exports

    The government stated today that the country's services exports continue to show strong growth, with exports reaching over $348 billion during the current financial year (FY), from April to January. Services exports accounted for 10% of the country's GDP in the first half of FY26, highlighting...
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    Cognizant Research: AI Success Requires Strategic Builders

    New Delhi, March 11 Companies keen on adopting AI prefer IT services firms that are "AI-building" companies, offering a new services model defined by designing and building custom, full-stack solutions to deliver enterprise value from Artificial Intelligence, Nasdaq-listed Cognizant said in a...
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    Company Responds to Market Rumors About Workforce Cuts

    New Delhi, March 9 Tech Mahindra, an IT services company, strongly denied market speculation on Monday regarding a possible significant reduction in workforce.In response to the speculation, Tech Mahindra stated that it finds it necessary to clarify that no such proposal is under...
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    Settlement Reached: DOJ Penalizes IT Firm for AI Recruitment Discrimination

    Washington, February 26 – The US Department of Justice has reached a settlement with a Virginia-based IT services company after it allegedly used artificial intelligence to generate job advertisements that excluded American workers.The Civil Rights Division said it secured a settlement...
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    TCS Prioritizes AI Skills Across Workforce, Driven by 'Civilizational Shift'

    Mumbai, February 25 India's largest IT services company, TCS, is "not afraid" of artificial intelligence and is also comfortable with revenue "cannibalization" through the deployment of AI tools by its employees, a top official said on Wednesday.TCS has found that senior-level employees are...
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    Jefferies Warns: AI Could Shrink Managed Services and Alter IT Firm Strategies

    In New Delhi, Feb 24 The IT services sector is set for a major shift as AI reshapes the core business, which will not only increase "cyclicality" but also require a change in talent and operating models, according to a report by Jefferies.The brokerage warns that AI-driven shifts will likely...
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    India's Tech Industry: Revenue Expansion Driven by Asia-Pacific and AI Upskilling

    Mumbai, February 24 Despite geopolitical volatilities and changes in the landscape due to artificial intelligence platforms, the Indian tech sector is set to achieve a 6.1 per cent revenue growth in FY26, reaching USD 315 billion, Nasscom said on Tuesday.The industry's lobbying group said it...
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    Indian IT Sector Faces ‘Painful’ Transition as AI Evolves

    Mumbai, February 24 Amid widespread concerns about jobs and the relevance of India's nearly USD 300 billion IT services sector, a key industry leader said on Tuesday that the current transition will be "painful" because it involves humans.HCL Technologies Managing Director and Chief Executive...
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    Maharashtra Man Found After Sea Incident Near Chennai

    Chennai, February 23 The body of a 24-year-old man from Maharashtra, who was suspected of drowning along with his friend at sea, was found washed ashore at a private beach near Chennai on Monday, police said.The incident occurred around 6 pm on February 21, when a group of friends went for a...
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    India's AI Ambitions: TCS and OpenAI Announce Strategic Partnership

    New Delhi, February 19 Shares of Tata Consultancy Services rose 2% on Thursday after the Tata Group, its IT services arm, announced a strategic partnership with OpenAI to build AI infrastructure in the country and offer joint market solutions.The partnership with OpenAI was announced amid the...
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    India's AI Future: TCS and OpenAI Jointly Develop AI Capacity

    Mumbai, February 19 The Tata Group and its IT services arm TCS announced a multi-faceted collaboration with OpenAI on Thursday, focused on building artificial intelligence infrastructure and offering joint solutions in the market.The collaboration will also help thousands of Tata Group...
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    Infosys Launches AI Value Framework for Enterprise Transformation

    Bengaluru, February 17 Infosys on Tuesday unveiled its AI First Value Framework, positioning itself to capture an estimated $300-400 billion incremental AI services opportunity by 2030, as global enterprises accelerate the adoption of generative and agentic AI.The company, in a statement, said...
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