it services

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    Women's Flexi IT Roles Rise to 40% in FY26

    Mumbai, April 11 The placement of women in contractual or flexible roles in the IT and IT-enabled services sector has reached 40% in FY26, reflecting the growing adoption of the workforce model, a report said on Saturday.The number of women in such roles increased by 10 percentage points from...
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    TCS Stock Drops Amidst Earnings Disappointment

    New Delhi, April 10 Shares of India's largest IT services company, TCS, ended about 2.5 per cent lower on Friday after its March quarter earnings failed to impress investors.The stock declined by 2.45 per cent to close at Rs 2,524.35 on the BSE. During the day, it fell by 3.32 per cent to Rs...
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    TCS Stock Drops After Earnings Report

    New Delhi, April 10 Shares of India's largest IT services company, TCS, declined by over 3% on Friday morning after its March quarter earnings failed to impress investors.The stock fell 3.25% to Rs 2,503.45 on the BSE.At the NSE, the stock edged down by 3.24% to Rs 2,505.TCS reported a...
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    TCS Reports Strong Q4 Results with Net Profit Increase

    Mumbai, April 9 India's largest IT services company, TCS, announced on Thursday that its net profit for the March quarter rose by 12.22 per cent to Rs 13,718 crore.The company had reported a net profit of Rs 12,224 crore in the January-March period of the previous year, and Rs 10,657 crore in...
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    Coforge Elevates Sunil Fernandes to Chief Operating Officer

    New Delhi, April 6 IT services firm Coforge announced on Monday that Sunil Fernandes has been promoted to the position of Chief Operating Officer (COO).In his new role, Fernandes will oversee global delivery, as well as key company operations, including administration, facilities, and internal...
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    Olam Group Partners with Wipro for IT Transformation and Mindsprint Acquisition

    Singapore/New Delhi, April 6 IT services firm Wipro has secured an eight-year transformation deal with Singapore-based food and agri-business major Olam Group, which is expected to exceed USD 1 billion (about Rs 9,314 crore) in contract value.As part of the broader engagement, Wipro said it...
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    Wipro Builds AI Capabilities with New Unit and Executive Appointments

    New Delhi, April 1 IT services major Wipro announced the launch of a dedicated AI-Native Business and Platforms unit on Wednesday, triggering a top-level leadership shuffle.Wipro veteran Nagendra Bandaru, who was serving as the President and Managing Partner of Technology Services Global...
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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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