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IT Services News

12 Nov 2024

India’s IT Spending To Reach $160 Bn in 2025: Report

The price premium of GenAI-enabled offerings across customer relationship management (CRM), email and authoring, and analytic platforms will drive software spending, resulting in the growth of this segment.

09 Nov 2024

TCS Cuts Variable Pay For Senior Employees; Know How IT Giant Pays Variable

TCS Variable Pay Q2 2024: In April 2024, TCS updated its attendance policy, requiring employees to achieve at least 85 per cent office attendance to qualify for their full variable pay.

19 Oct 2024

Tech Mahindra Q2 Net Profit Jumps 153 Per Cent YOY To Rs 1,250 Crore

The Tech Mahindra scrip settled at Rs 1,688 apiece on the BSE on Friday, down 0.68 per cent from the previous close.

31 Mar 2024

Infosys To Receive Rs 6,329 Cr Tax Refund From IT Dept

Infosys has received assessment orders for subsidiaries as well, totalling Rs 277 crore.

31 Mar 2024

TCS Trains 3.5 lakh Employees In Generative AI Skills

It became the inaugural tech company to establish a specialized business division solely focused on AI and cloud services in 2023.

20 Jul 2022

Wipro Q1 net profit falls nearly 21% to Rs 2,563.6 crore

The net profit was down 20.6 per cent on a year-on-year basis, according to a filing. Wipro net profit was down 20.6 per cent on a year-on-year basis.

virtual private servers

08 Mar 2022

VPS Conquers the IT World

Did you know that more than 2.14 billion consumers are already actively shopping for goods and services over the internet?

Global IT spending

04 Oct 2017

Global IT spending to hit $3.7 trillion in 2018

The Devices segment, Data Centre Systems and Communications Services are expected to grow by 5 per cent, 1.8 per cent and 2.2 respectively to reach $697 billion, $176 billion and $1,417 billion spending.

25 Aug 2017

HCL Tech completes acquisition of UFS

HCL had, in April this year, announced it will acquire Urban Fulfilment Services, a provider of mortgage business process and fulfilment services.

US-based Cognizant

03 Aug 2017

Cognizant June quarter net up 86%, revises annual revenue guidance

For the third quarter, it expects revenues to be in the range of USD 3.73-3.78 billion.

20 Jul 2017

Wipro Q1 results: IT major beats consolidated profit estimates

Consolidated profit rose to 20.83 billion rupees ($323.35 million) for the three months to June 30, Wipro said in a statement.

09 Jun 2017

Trump's policies could have adverse impact on business: Wipro

IT major Wipro Ltd has listed US President Donald Trump's policies as a risk factor that could impact its business, citing promotion of "greater restrictions on free trade" among key worrying points.

24 Feb 2017

India lobbies Trump administration to avert visa threat

India has stepped up its lobbying effort against moves in the U. S. Congress to impose curbs on visas for skilled workers that threaten the South Asian nation's tech sector, which employs more than 3.5 million people.

09 Aug 2016

Indian IT services provider TCS ranked 58th most valuable US brand

Tata Consultancy Services, a leading global IT services, consulting and business solutions firm, today announced its ranking as the 58th most valuable US brand in an annual survey by a top brand valuation company.

04 Aug 2016

Volkswagen starts IT arm to support global brands from Pune

German automaker Volkswagen on Thursday said it has started an in-house arm in Pune to serve the information technology-related needs of all its global brands.

05 Jun 2016

'Telemedicine market may touch Rs 200 crore-mark by 2020'

The country's telemedicine sector is expected to double to USD 32 million (about Rs 210 crore) by 2020, industry body Assocham has said.

15 Apr 2016

Infosys Q4 net up 16% at Rs 3,597 crore; sees strong FY17 growth

Infosys Ltd, India's second- largest IT services firm, on Friday reported better-than-expected 16 percent rise in the fourth-quarter net profit and forecast strong revenue growth for the current fiscal on new client additions.

22 Feb 2016

TCS recognised as 'Business Superbrand' in UK

The Superbrands status has been awarded following the most recent evaluation of the long-running annual survey, which has been identifying UK's leading business-to-business brands since 2001, a statement issued by the company said Monday.

03 Feb 2016

TCS rated world's most powerful brand in IT Services: Report

India's top multinational IT company Tata Consultancy Services has been rated as the world's most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said Wednesday.

17 Jul 2015

TCS recognised as global leader in card management

Tata Consultancy Services, India's largest IT services firm, has been recognised as a global leader in card management and transaction processing by a leading research company.

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